Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.054%

Price spread now: Bybit against Paradex+0.125%49s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.125% dearer against Paradex than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Paradex LIT-USD-PERP	4.6986	0.0079	pay 0.0079% / 8h	3h 31m	$6K	$2K	5x
Short	Bybit LITUSDT	4.7045	0.0100	get 0.0050% / 4h	3h 31m	$41.1M	$29.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now +0.125%Rate

Funding earned: $4.48
Price spread: +0.125% → 0.000%: $12.48
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $1.96
Costs to cover: 0.150%
Break-even: 3.9 days

Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 2 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	1.06 bp	19.1 bp −$19	62.2 bp −$622	434.9 bp −$43.5K	doesn't fit

Paradex: 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
Deribit LIT_USDC-PERPETUAL	−0.0500%	1h	4.7012	+0.054%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0379%	4h	4.6963	−0.050%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.175%	$613K	$352K	50x	as long as short
01 Exchange LITUSD	−0.0256%	1h	4.7042	+0.118%	$33K	$3K	5x	as long as short
Bullet LIT-USD	−0.0251%	1h	4.7001	+0.031%	$84K	$67K	20x	as long as short
ApeX Omni LITUSDT	−0.0108%	1h	4.7030	+0.093%	$56K	$76K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0022%	4h	4.7055	+0.146%	$25.3M	$61.1M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7057	+0.150%	$202K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7068	+0.174%	$797K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7142	+0.330%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7040	+0.115%	$11K	—	150x	as long as short
Nado LIT-PERP	+0.0011%	1h	4.7025	+0.082%	$2.2M	$1.7M	10x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.7027	+0.086%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.242%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERPlong	+0.0079%	8h	4.6986	long leg	$6K	$2K	5x
Lighter LIT	+0.0096%	1h	4.7083	+0.206%	$58.7M	$28.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7095	+0.231%	$210.2M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7083	+0.206%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7023	+0.079%	$75.5M	$79.2M	75x	as long as short
Bybit LITUSDTshort	+0.0100%	4h	4.7045	+0.125%	$41.1M	$29.0M	75x
Arcus LIT-USD	+0.0100%	1h	4.7061	+0.159%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	+0.201%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7060	+0.157%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7006	+0.042%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7050	+0.135%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7043	+0.121%	$659K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6973	−0.029%	$287K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6980	−0.014%	$902K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7026	+0.084%	$439K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7048	+0.131%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7016	+0.063%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7019	+0.069%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7075	+0.189%	$199K	$358K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7020	+0.072%	$1.3M	$2.8M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7016	+0.064%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6998	+0.026%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7071	+0.181%	$31K	$746K	33x	as long as short
Aftermath Perps LITUSD	+0.0172%	1h	4.7061	+0.158%	$9K	$206K	10x	as long as short
Lighter RH LIT	+0.0240%	1h	4.7092	+0.225%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0257%	4h	4.7076	+0.190%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7072	+0.182%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.7032	+0.097%	$65K	—	50x	as long as short