Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h −0.019%

Price spread now: RISEx against HTX−0.150%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−$76as in the Price arb table

costs, in and out, $10k−$710.709% of the position

Long on HTX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.070%+$7 on $10k

Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.150%, 7d avg −0.097%

Together, before fees+0.231%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.053% cheaper against HTX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.097%). If the spread goes back, that is −$5 on $10k: about 9.3 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.070% in total) that is about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7773	0.0100	pay 0.0050% / 4h	3h 11m	$191K	$346K	30x
Short	RISEx LIT/USDC	4.7702	0.0119	get 0.0015% / 1h	11m 29s	$798K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.150%Rate

Funding earned: $4
Price spread: −0.150% → −0.097%: −$5.31
Slippage, 4 orders: −$52.94
Fee HTX: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$72.24
Costs to cover: 0.709%
Break-even: 133.3 days

Slippage from HTX: live order book, 61 min ago; RISEx: live order book, 2 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, 61 min ago	18.14 bp	34.0 bp −$34	235.2 bp −$2,352	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.94 bp	3.9 bp −$4	17.9 bp −$179	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	−0.0846%	1h	4.7646	−0.265%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0480%	4h	4.7592	−0.379%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0432%	1h	4.7623	−0.314%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0359%	1h	4.7655	−0.247%	$85K	$72K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0199%	4h	4.7664	−0.228%	$25.9M	$63.6M	50x	as long as short
ApeX Omni LITUSDT	−0.0161%	1h	4.7740	−0.069%	$57K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7669	−0.218%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7783	+0.020%	$676K	$392K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7657	−0.244%	$912K	$1.8M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7712	−0.128%	$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	4.7688	−0.178%	$32K	$852K	33x	as long as short
dYdX LIT-USD	+0.0002%	1h	4.7682	−0.191%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7691	−0.173%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.559%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0047%	8h	4.7654	−0.249%	$7K	$2K	5x	as long as short
Nado LIT-PERP	+0.0070%	1h	4.7625	−0.310%	$2.2M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0088%	1h	4.7678	−0.199%	$451K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7756	−0.036%	$59.7M	$30.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7736	−0.077%	$12.8M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7675	−0.205%	$591K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7631	−0.297%	$76.1M	$80.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7650	−0.257%	$42.9M	$29.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7673	−0.209%	$118K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7476	−0.621%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7680	−0.195%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7640	−0.278%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7690	−0.174%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7662	−0.232%	$690K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7665	−0.226%	$290K	$310K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7677	−0.201%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7662	−0.232%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7649	−0.260%	$1K	$453K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7773	long leg	$191K	$346K	30x
Phemex LITUSDT	+0.0100%	4h	4.7620	−0.320%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7644	−0.269%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7668	−0.221%	$149K	—	3x	as long as short
RISEx LIT/USDCshort	+0.0119%	1h	4.7702	−0.150%	$798K	$2.0M	5x
Lighter RH LIT	+0.0176%	1h	4.7770	−0.006%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0338%	1h	4.7757	−0.033%	$214.4M	$43.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7625	−0.310%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0375%	1h	4.7666	−0.223%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0399% / S −0.0189%	1h	4.7707	−0.137%	$64K	—	50x	as long as short