Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h −0.152%

Price spread now: Orderly against Pacifica−0.191%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Orderly

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Orderly is 0.191% cheaper against Pacifica than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.7848	0.0100	pay 0.0013% / 1h	3m 48s	$769K	$1.8M	10x
Short	Orderly PERP_LIT_USDC	4.7757	−0.0364	pay 0.0182% / 4h	1h 03m	$33K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.191%Rate

Funding earned: −$97.43
Price spread: −0.191% → 0.000%: −$19.12
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$130.55
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 5 min ago; Orderly: 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 Pacifica live order book, 5 min ago	3.86 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7780	−0.144%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDCshort	−0.0364%	4h	4.7757	−0.191%	$33K	$1K	10x
Deribit LIT_USDC-PERPETUAL	−0.0321%	1h	4.7811	−0.079%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7831	−0.037%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0192%	1h	4.7814	−0.073%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0134%	4h	4.7800	−0.101%	$25.7M	$60.4M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.7848	0.000%	$885K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7871	+0.048%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7846	−0.005%	$11K	—	150x	as long as short
Phoenix LIT	+0.0033%	1h	4.7934	+0.179%	$206K	$301K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.400%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0041%	4h	4.7790	−0.122%	$41.4M	$28.0M	75x	as long as short
Backpack LIT_USDC_PERP	+0.0050%	1h	4.7841	−0.016%	$675K	$941K	5x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7784	−0.136%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7881	+0.068%	$59.5M	$27.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7832	−0.033%	$2.1M	$1.6M	10x	as long as short
Pacifica LITlong	+0.0100%	1h	4.7848	long leg	$769K	$1.8M	10x
Binance LITUSDT	+0.0100%	4h	4.7786	−0.131%	$76.6M	$75.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7871	+0.047%	$124K	$445K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7870	+0.045%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7796	−0.110%	$5.8M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7879	+0.064%	$5.5M	$1.0M	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7870	+0.045%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7820	−0.059%	$292K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7870	+0.045%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7828	−0.043%	$449K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7837	−0.024%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7817	−0.066%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7807	−0.087%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7969	+0.252%	$200K	$298K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7830	−0.039%	$1.4M	$2.8M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7895	+0.097%	$119K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7784	−0.135%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7817	−0.065%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7883	+0.072%	$812K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0199%	4h	4.7897	+0.101%	$12.8M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0268%	1h	4.7908	+0.124%	$216.1M	$39.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7854	+0.012%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7899	+0.106%	$3.7M	$13.3M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7841	−0.015%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0433%	1h	4.7919	+0.148%	$10K	$205K	10x	as long as short
Perpl LIT	+0.0447%	43m	4.7875	+0.056%	$32K	$664K	33x	as long as short