Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Arcus against HTX−0.224%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$790.792% of the position

Long on HTX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.009%−$1 on $10k

Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.224%, 7d avg −0.097%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.127% cheaper against HTX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7673	0.0100	pay 0.0050% / 4h	3h 19m	$190K	$346K	30x
Short	Arcus LIT-USD	4.7566	0.0100	get 0.0013% / 1h	19m 12s	$118K	$450K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee ArcusbpOrdersPrice spread, now −0.224%Rate

Funding earned: $0
Price spread: −0.224% → −0.097%: −$12.75
Slippage, 4 orders: −$62.66
Fee HTX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$91.91
Costs to cover: 0.792%
Break-even: never at this rate

Slippage from HTX: live order book, 53 min ago; Arcus: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 53 min ago	18.14 bp	34.0 bp −$34	235.2 bp −$2,352	doesn't fit	doesn't fit
Sell Arcus live order book, 54 min ago	5.61 bp	8.2 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0868%	1h	4.7532	−0.296%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0495%	4h	4.7510	−0.342%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0416%	1h	4.7570	−0.216%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0347%	1h	4.7588	−0.178%	$85K	$72K	20x	as long as short
ApeX Omni LITUSDT	−0.0216%	1h	4.7530	−0.300%	$57K	$77K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0202%	4h	4.7485	−0.394%	$25.8M	$63.6M	50x	as long as short
KuCoin LITUSDTM	−0.0130%	4h	4.7607	−0.138%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7644	−0.060%	$674K	$391K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.7540	−0.279%	$909K	$1.8M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7652	−0.044%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7685	+0.025%	$32K	$852K	33x	as long as short
dYdX LIT-USD	+0.0003%	1h	4.7650	−0.047%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7626	−0.098%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.770%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0039%	1h	4.7595	−0.164%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0045%	8h	4.7580	−0.194%	$7K	$2K	5x	as long as short
Bulk LIT-USD	+0.0096%	1h	4.7547	−0.264%	$119K	$1K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7572	−0.212%	$59.5M	$29.9M	5x	as long as short
Polymarket Perps LIT-USD	+0.0097%	1h	4.7622	−0.107%	$450K	$104K	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7633	−0.084%	$12.7M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7562	−0.232%	$589K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7501	−0.360%	$75.8M	$80.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7480	−0.405%	$42.7M	$29.7M	75x	as long as short
Arcus LIT-USDshort	+0.0100%	1h	4.7566	−0.224%	$118K	$450K	5x
Gate LIT_USDT	+0.0100%	4h	4.7610	−0.132%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7588	−0.178%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7560	−0.237%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7609	−0.134%	$690K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7504	−0.355%	$289K	$308K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7593	−0.167%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7604	−0.145%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7482	−0.401%	$984	$453K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7673	long leg	$190K	$346K	30x
Phemex LITUSDT	+0.0100%	4h	4.7540	−0.279%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7514	−0.333%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7582	−0.190%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7637	−0.075%	$794K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0184%	1h	4.7572	−0.212%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0336%	1h	4.7687	+0.029%	$214.1M	$43.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7481	−0.403%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0397%	1h	4.7607	−0.139%	$9K	$202K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0398% / S −0.0187%	1h	4.7617	−0.118%	$64K	—	50x	as long as short