Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.2% APRpaid last 24h −0.016%

Price spread now: RISEx against MEXC+0.234%7-day average +0.038% · 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+$3as in the Price arb table

costs, in and out, $10k−$170.166% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.118%+$12 on $10k

Price spread, last 7 days−0.172%−$17 · spread now +0.234%, 7d avg +0.038%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.196% dearer against MEXC than usual: you sell high and buy low (spread +0.234% now, against its 7-day average of +0.038%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.8 days. Mind the row above: over the last 4 days funding on this pair paid +0.118%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIT_USDT	4.7656	0.0100	pay 0.0050% / 4h	2h 52m	$5.8M	$3.8M	100x
Short	RISEx LIT/USDC	4.7767	−0.0012	pay 0.0001% / 1h	52m 01s	$824K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.234%Rate

Funding earned: −$23.46
Price spread: +0.234% → +0.038%: $19.55
Slippage, 4 orders: −$6.65
Fee MEXC: 2 bp × 2 orders: −$4
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$20.55
Costs to cover: 0.166%
Break-even: from the start

Slippage from MEXC: live order book, just now; 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 MEXC live order book, just now	0.10 bp	2.9 bp −$3	53.0 bp −$530	322.8 bp −$32.3K	doesn't fit
Sell RISEx live order book, 2 min ago	1.47 bp	4.5 bp −$4	15.4 bp −$154	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.6877	−1.635%	$607K	$354K	50x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7760	+0.218%	$31K	$5K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.7627	−0.061%	$33K	$1K	10x	as long as short
Phemex LITUSDT	−0.0349%	4h	4.7630	−0.055%	$1.4M	$2.8M	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0287%	1h	4.7670	+0.030%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0210%	1h	4.7677	+0.044%	$85K	$67K	20x	as long as short
Bybit LITUSDT	−0.0182%	4h	4.7611	−0.094%	$41.5M	$28.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0127%	4h	4.7596	−0.126%	$25.6M	$60.9M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7422	−0.491%	$204K	$283K	5x	as long as short
KuCoin LITUSDTM	−0.0014%	4h	4.7653	−0.006%	$5.3M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDCshort	−0.0012%	1h	4.7767	+0.234%	$824K	$2.2M	5x
dYdX LIT-USD	0.0000%	1h	4.7781	+0.263%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7725	+0.144%	$32K	$704K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7698	+0.089%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.806%	$422	$178K	5.5x	as long as short
GRVT LIT_USDT_Perp	+0.0040%	4h	4.7450	−0.432%	$914K	$1.8M	10x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7719	+0.133%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7684	+0.059%	$59.4M	$27.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7688	+0.068%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7689	+0.069%	$213.1M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7758	+0.214%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7604	−0.109%	$76.4M	$77.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7755	+0.208%	$116K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7722	+0.138%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7660	+0.008%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDTlong	+0.0100%	4h	4.7656	long leg	$5.8M	$3.8M	100x
Bitget LITUSDT	+0.0100%	4h	4.7630	−0.055%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7642	−0.029%	$667K	$1.2M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7416	−0.503%	$290K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7440	−0.453%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7712	+0.118%	$448K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7691	+0.073%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7654	−0.004%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7662	+0.013%	$1K	$349K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7737	+0.170%	$202K	$348K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7739	+0.174%	$3.8M	$12.9M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7642	−0.029%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7662	+0.012%	$149K	—	3x	as long as short
Aster LITUSDT	+0.0231%	4h	4.7680	+0.050%	$12.8M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7690	+0.071%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0440% / S −0.0231%	1h	4.7711	+0.116%	$66K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0459%	1h	4.7483	−0.363%	$8K	$204K	10x	as long as short