Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.009%

Price spread now: SoDEX against HTX+0.356%7-day average −0.159% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$1041.040% of the position

Long on HTX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.550%−$55 · spread now +0.356%, 7d avg −0.159%

Together, before fees−0.564%−$56 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.515% dearer against HTX than usual: you sell high and buy low (spread +0.356% now, against its 7-day average of −0.159%): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 days. At the pace of the last 3 days (−0.014% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7217	0.0100	pay 0.0050% / 4h	2h 27m	$189K	$354K	30x
Short	SoDEX LIT-USD	4.7385	0.0058	get 0.0007% / 1h	27m 08s	$1K	$450K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.356%Rate

Funding earned: −$8.78
Price spread: +0.356% → −0.159%: $51.49
Slippage, 4 orders: −$84.02
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$61.3
Costs to cover: 1.040%
Break-even: never at this rate

Slippage from HTX: live order book, 41 min ago; SoDEX: live order book, 42 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, 41 min ago	20.87 bp	33.2 bp −$33	339.2 bp −$3,392	doesn't fit	doesn't fit
Sell SoDEX live order book, 42 min ago	0.10 bp	19.4 bp −$19	48.8 bp −$488	doesn't fit	doesn't fit

LIT on 41 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	−0.0807%	1h	4.7369	+0.321%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0632%	1h	4.7355	+0.292%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0463%	4h	4.7291	+0.157%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0460%	1h	4.7366	+0.316%	$85K	$73K	20x	as long as short
ApeX Omni LITUSDT	−0.0209%	1h	4.7190	−0.057%	$56K	$77K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0180%	4h	4.7111	−0.225%	$906K	$1.8M	10x	as long as short
Gate LIT_USDT	−0.0156%	4h	4.7370	+0.324%	$2.8M	$4.3M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0146%	4h	4.7356	+0.294%	$25.7M	$63.9M	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7369	+0.322%	$5.3M	$1.1M	30x	as long as short
Phoenix LIT	−0.0102%	1h	4.7401	+0.390%	$205K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7409	+0.406%	$671K	$374K	50x	as long as short
Phemex LITUSDT	−0.0078%	4h	4.7350	+0.282%	$1.4M	$2.7M	20x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7392	+0.371%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7431	+0.452%	$475	—	150x	as long as short
Backpack LIT_USDC_PERP	+0.0029%	1h	4.7414	+0.417%	$684K	$1.4M	5x	as long as short
Bulk LIT-USD	+0.0030%	1h	4.6912	−0.647%	$117K	$1K	10x	as long as short
Paradex LIT-USD-PERP	+0.0033%	8h	4.7378	+0.341%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.743%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0046%	4h	4.7364	+0.311%	$42.4M	$29.2M	75x	as long as short
SoDEX LIT-USDshort	+0.0058%	1h	4.7385	+0.356%	$1K	$450K	5x
RISEx LIT/USDC	+0.0081%	1h	4.7430	+0.451%	$790K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7446	+0.485%	$59.4M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7465	+0.525%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7357	+0.297%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7456	+0.506%	$212.4M	$44.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7444	+0.481%	$12.7M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7415	+0.419%	$588K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7360	+0.303%	$75.5M	$80.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7407	+0.402%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7360	+0.303%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7400	+0.388%	$6.8M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7142	−0.158%	$287K	$307K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7393	+0.373%	$448K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7406	+0.401%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7409	+0.407%	$4K	$1.2M	20x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7217	long leg	$189K	$354K	30x
Extended LIT-USD	+0.0104%	1h	4.7343	+0.266%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7356	+0.293%	$148K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0268%	1h	4.7176	−0.087%	$9K	$211K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0404% / S −0.0197%	1h	4.7405	+0.398%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7421	+0.432%	$31K	$860K	33x	as long as short