Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.009%

Price spread now: MEXC against Pacifica−0.137%45s7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.242% of the position

Long on Pacifica Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days+0.080%+$8 · spread now −0.137%, 7d avg −0.050%

Together, before fees+0.041%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.087% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.050%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.7487	0.0100	pay 0.0013% / 1h	52m 59s	$596K	$1.8M	10x
Short	MEXC LIT_USDT	4.7422	0.0052	get 0.0026% / 4h	2h 52m	$5.9M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Pacifica. 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 PacificabpFee MEXCbpOrdersPrice spread, now −0.137%Rate

Funding earned: −$10.08
Price spread: −0.137% → −0.050%: −$8.72
Slippage, 4 orders: −$12.25
Fee Pacifica: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$43.05
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; MEXC: live order book, 5 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 Pacifica live order book, 1 min ago	2.32 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.10 bp	2.6 bp −$3	42.8 bp −$428	305.7 bp −$30.6K	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	−0.1072%	1h	4.7443	−0.093%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0680%	1h	4.7407	−0.168%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0564%	4h	4.7386	−0.213%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0503%	1h	4.7459	−0.059%	$667K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0469%	4h	4.7380	−0.225%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0368%	1h	4.7448	−0.083%	$85K	$81K	20x	as long as short
Gate LIT_USDT	−0.0360%	4h	4.7440	−0.099%	$2.8M	$4.5M	50x	as long as short
KuCoin LITUSDTM	−0.0332%	4h	4.7463	−0.051%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0299%	4h	4.7419	−0.143%	$25.1M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7480	−0.015%	$895K	$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
Bybit LITUSDT	−0.0235%	4h	4.7460	−0.057%	$42.9M	$30.2M	75x	as long as short
Nado LIT-PERP	−0.0183%	1h	4.7435	−0.108%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0155%	1h	4.7425	−0.131%	$984	$474K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.033%	$668K	$408K	50x	as long as short
Extended LIT-USD	−0.0056%	1h	4.7415	−0.152%	$5.2M	$5.2M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7466	−0.044%	$246K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0016%	8h	4.7377	−0.232%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7460	−0.057%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7487	0.000%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7490	+0.006%	$815K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.165%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0051%	1h	4.7474	−0.027%	$448K	$104K	10x	as long as short
MEXC LIT_USDTshort	+0.0052%	4h	4.7422	−0.137%	$5.9M	$4.2M	100x
Binance LITUSDT	+0.0053%	4h	4.7430	−0.120%	$74.9M	$80.6M	75x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7481	−0.013%	$289K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7397	−0.190%	$148K	$44K	3x	as long as short
ApeX Omni LITUSDT	+0.0083%	1h	4.7490	+0.006%	$56K	$78K	50x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	+0.295%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7454	−0.069%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7487	0.000%	$12.7M	$2.5M	50x	as long as short
Pacifica LITlong	+0.0100%	1h	4.7487	long leg	$596K	$1.8M	10x
Arcus LIT-USD	+0.0100%	1h	4.7448	−0.082%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7450	−0.078%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7482	−0.011%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7473	−0.029%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7468	−0.040%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7484	−0.007%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0120%	1h	4.7491	+0.008%	$59.6M	$29.5M	5x	as long as short
Aftermath Perps LITUSD	+0.0168%	1h	4.7616	+0.271%	$11K	$198K	10x	as long as short
BloFin LIT-USDT	+0.0213%	4h	4.7389	−0.206%	$1.6M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7510	+0.048%	$3.7M	$14.0M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7489	+0.003%	$60K	—	50x	as long as short