Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Bulk against HTX−0.262%7-day average −0.106% · 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−$93as in the Price arb table

costs, in and out, $10k−$780.776% of the position

Long on HTX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.037%−$4 on $10k

Price spread, last 3 days (all we have)+0.202%+$20 · spread now −0.262%, 7d avg −0.106%

Together, before fees+0.165%+$17 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: Bulk is 0.156% cheaper against HTX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7309	0.0100	pay 0.0050% / 4h	1h 56m	$189K	$330K	30x
Short	Bulk LIT-USD	4.7185	0.0100	get 0.0013% / 1h	56m 28s	$118K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now −0.262%Rate

Funding earned: $0
Price spread: −0.262% → −0.106%: −$15.64
Slippage, 4 orders: −$58.57
Fee HTX: 6 bp × 2 orders: −$12
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$93.21
Costs to cover: 0.776%
Break-even: never at this rate

Slippage from HTX: live order book, 26 min ago; Bulk: live order book, 27 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, 26 min ago	18.14 bp	29.4 bp −$29	252.4 bp −$2,524	doesn't fit	doesn't fit
Sell Bulk live order book, 27 min ago	0.74 bp	8.4 bp −$8	18.1 bp −$181	57.0 bp −$5,705	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	−0.1069%	1h	4.7313	+0.008%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0784%	4h	4.7340	+0.066%	$2.8M	$4.4M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0629%	4h	4.7259	−0.106%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0598%	4h	4.7290	−0.040%	$1.3M	$2.8M	20x	as long as short
Bullet LIT-USD	−0.0404%	1h	4.7311	+0.004%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0396%	4h	4.7302	−0.015%	$25.2M	$62.4M	50x	as long as short
Bybit LITUSDT	−0.0312%	4h	4.7341	+0.068%	$42.8M	$30.7M	75x	as long as short
01 Exchange LITUSD	−0.0304%	1h	4.7293	−0.034%	$33K	$4K	5x	as long as short
KuCoin LITUSDTM	−0.0298%	4h	4.7334	+0.053%	$5.2M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0242%	4h	4.7220	−0.187%	$897K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0208%	1h	4.7282	−0.058%	$10K	$202K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.871%	$660K	$404K	50x	as long as short
Nado LIT-PERP	−0.0110%	1h	4.7294	−0.031%	$2.1M	$1.7M	10x	as long as short
Backpack LIT_USDC_PERP	−0.0098%	1h	4.7350	+0.087%	$665K	$1.5M	5x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7353	+0.094%	$789K	$2.1M	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7306	−0.006%	$246K	$327K	5x	as long as short
Paradex LIT-USD-PERP	−0.0023%	8h	4.7280	−0.061%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7355	+0.098%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7373	+0.135%	$35K	—	150x	as long as short
edgeX LITUSDC	+0.0032%	4h	4.7254	−0.116%	$287K	$309K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.545%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0036%	4h	4.7300	−0.019%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0041%	4h	4.7302	−0.015%	$75.0M	$81.6M	75x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7312	+0.006%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7389	+0.169%	$59.5M	$29.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7398	+0.188%	$211.3M	$45.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7388	+0.168%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7352	+0.091%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7329	+0.042%	$116K	$449K	5x	as long as short
Bulk LIT-USDshort	+0.0100%	1h	4.7185	−0.262%	$118K	$5K	10x
Bitget LITUSDT	+0.0100%	4h	4.7350	+0.087%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7240	−0.146%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7340	+0.066%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7356	+0.099%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7281	−0.059%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7275	−0.072%	$1K	$486K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7309	long leg	$189K	$330K	30x
Extended LIT-USD	+0.0104%	1h	4.7305	−0.008%	$5.2M	$5.2M	25x	as long as short
BloFin LIT-USDT	+0.0150%	4h	4.7263	−0.097%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7336	+0.056%	$31K	$841K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0357% / S −0.0155%	1h	4.7364	+0.117%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0632%	1h	4.7461	+0.321%	$3.7M	$13.5M	5x	as long as short