Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.030%

Price spread now: dYdX against MEXC+0.139%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.139% dearer against MEXC than usual: you sell high and buy low (spread +0.139% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIT_USDT	4.7735	0.0066	pay 0.0033% / 4h	52m 28s	$5.6M	$4.1M	100x
Short	dYdX LIT-USD	4.7801	0	get 0.0000% / 1h	52m 28s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. 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 MEXCbpFee dYdXbpOrdersPrice spread, now +0.139%Rate

Funding earned: −$13.86
Price spread: +0.139% → 0.000%: $13.91
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$13.95
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 10 min ago; dYdX: no order-book sample. Net counts fees only.

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 MEXC live order book, 10 min ago	0.10 bp	3.5 bp −$4	43.1 bp −$431	265.4 bp −$26.5K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate LIT_USDT	−0.0992%	4h	4.7800	+0.136%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0667%	1h	4.7809	+0.156%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0620%	4h	4.7796	+0.128%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0484%	4h	4.7780	+0.094%	$1.4M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0480%	1h	4.7687	−0.101%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0449%	4h	4.7737	+0.004%	$25.9M	$64.1M	50x	as long as short
Bullet LIT-USD	−0.0327%	1h	4.7826	+0.191%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7804	+0.145%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0182%	4h	4.7750	+0.031%	$43.1M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7806	+0.149%	$676K	$404K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0118%	4h	4.7864	+0.270%	$918K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7854	+0.249%	$208K	$353K	5x	as long as short
Aftermath Perps LITUSD	−0.0050%	1h	4.7827	+0.192%	$13K	$203K	10x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7801	+0.139%	$34K	—	5x
Perpl LIT	0.0000%	43m	4.7834	+0.207%	$32K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7861	+0.265%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0009%	8h	4.7720	−0.031%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7790	+0.115%	$822K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.639%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0063%	4h	4.7869	+0.280%	$291K	$310K	10x	as long as short
MEXC LIT_USDTlong	+0.0066%	4h	4.7735	long leg	$5.6M	$4.1M	100x
Binance LITUSDT	+0.0067%	4h	4.7724	−0.023%	$76.0M	$81.2M	75x	as long as short
Polymarket Perps LIT-USD	+0.0069%	1h	4.7752	+0.036%	$451K	$105K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7820	+0.178%	$150K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7814	+0.165%	$60.2M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7765	+0.063%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7831	+0.201%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7790	+0.115%	$619K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7777	+0.088%	$121K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7566	−0.354%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7780	+0.094%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7839	+0.218%	$679K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7830	+0.199%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7857	+0.255%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7827	+0.193%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7837	+0.214%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7912	+0.371%	$192K	$329K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7833	+0.205%	$3.7M	$13.8M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7735	0.000%	$5.3M	$5.1M	25x	as long as short
Hyperliquid LIT	+0.0216%	1h	4.7857	+0.256%	$214.5M	$44.7M	5x	as long as short
BloFin LIT-USDT	+0.0267%	4h	4.7819	+0.176%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7871	+0.285%	$63K	—	50x	as long as short