Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.007%

Price spread now: Derive against Paradex+0.114%7-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 Derive

What this pair did over the last

the charts below follow

Funding, last 3 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 Derive is 0.114% dearer against Paradex than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.6745	0.0065	pay 0.0065% / 8h	5h 42m	$7K	$2K	5x
Short	Derive LIT-PERP	4.6799	0.0100	get 0.0013% / 1h	42m 17s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.114%Rate

Funding earned: $7.28
Price spread: +0.114% → 0.000%: $11.42
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Derive: 3 bp × 2 orders: −$6
Net: $8.69
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Derive: 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 Paradex no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

Paradex and Derive: 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
Orderly PERP_LIT_USDC	−0.0394%	4h	4.6721	−0.052%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0325%	1h	4.6771	+0.055%	$84K	$68K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0295%	1h	4.6781	+0.076%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.6747	+0.003%	$33K	$4K	5x	as long as short
Gate LIT_USDT	−0.0100%	4h	4.6800	+0.117%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6728	−0.037%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	+0.256%	$658K	$372K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0016%	4h	4.6690	−0.119%	$905K	$1.7M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0015%	4h	4.6794	+0.104%	$25.3M	$61.5M	50x	as long as short
KuCoin LITUSDTM	−0.0012%	4h	4.6775	+0.063%	$5.2M	$1.1M	30x	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	4.6798	+0.113%	$11K	—	150x	as long as short
Phemex LITUSDT	+0.0012%	4h	4.6760	+0.031%	$1.4M	$2.8M	20x	as long as short
dYdX LIT-USD	+0.0014%	1h	4.6831	+0.183%	$34K	—	5x	as long as short
ApeX Omni LITUSDT	+0.0022%	1h	4.6800	+0.117%	$56K	$77K	50x	as long as short
Backpack LIT_USDC_PERP	+0.0033%	1h	4.6837	+0.196%	$679K	$1.4M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.769%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERPlong	+0.0065%	8h	4.6745	long leg	$7K	$2K	5x
Bulk LIT-USD	+0.0089%	1h	4.6805	+0.128%	$117K	$2K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6849	+0.221%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6777	+0.068%	$780K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6757	+0.024%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6836	+0.195%	$209.2M	$41.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6807	+0.132%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6754	+0.018%	$74.3M	$78.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6769	+0.050%	$41.4M	$28.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6762	+0.035%	$117K	$446K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6755	+0.020%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6830	+0.181%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6781	+0.076%	$285K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6782	+0.078%	$442K	$104K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.6799	+0.114%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.6781	+0.076%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6810	+0.138%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6860	+0.245%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6783	+0.079%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6774	+0.060%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0160%	1h	4.6863	+0.251%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0180%	4h	4.6865	+0.256%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0259%	1h	4.6810	+0.137%	$9K	$210K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6811	+0.140%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0409% / S −0.0206%	1h	4.6796	+0.108%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6806	+0.129%	$31K	$828K	33x	as long as short