Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.017%

Price spread now: gTrade (Gains Network) against Paradex+0.190%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 gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.190% dearer against Paradex than usual: you sell high and buy low (spread +0.190% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.7839	0.0093	pay 0.0093% / 8h	1h 06m	$7K	$2K	5x
Short	gTrade (Gains Network) LIT/USD	4.7930	L +0.0003% / S −0.0002%	get 0.0000% / 1h	6m 53s	$11K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.190%Rate

Funding earned: −$18.98
Price spread: +0.190% → 0.000%: $19.03
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$13.95
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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	−0.124%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0366%	4h	4.7867	+0.059%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7883	+0.092%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0190%	1h	4.7902	+0.132%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0130%	4h	4.7941	+0.213%	$25.7M	$60.8M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0109%	1h	4.7918	+0.166%	$42K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.7848	+0.020%	$885K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7900	+0.128%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USDshort	L +0.0003% / S −0.0002%	1h	4.7930	+0.190%	$11K	—	150x
Phoenix LIT	+0.0033%	1h	4.7934	+0.199%	$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	+0.420%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0039%	1h	4.7940	+0.211%	$676K	$943K	5x	as long as short
Bybit LITUSDT	+0.0068%	4h	4.7925	+0.180%	$41.5M	$28.0M	75x	as long as short
Paradex LIT-USD-PERPlong	+0.0093%	8h	4.7839	long leg	$7K	$2K	5x
Lighter LIT	+0.0096%	1h	4.7966	+0.266%	$59.7M	$27.5M	5x	as long as short
Phemex LITUSDT	+0.0098%	4h	4.7870	+0.065%	$1.4M	$2.8M	20x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7875	+0.075%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7900	+0.127%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7935	+0.201%	$76.7M	$75.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7897	+0.121%	$124K	$445K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7960	+0.253%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7934	+0.199%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7930	+0.190%	$5.5M	$1.0M	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7970	+0.274%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7820	−0.039%	$292K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7870	+0.065%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7916	+0.161%	$450K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7950	+0.233%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7883	+0.092%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7903	+0.134%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7952	+0.236%	$200K	$298K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7895	+0.117%	$119K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7908	+0.145%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7885	+0.095%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7912	+0.153%	$811K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0201%	4h	4.7993	+0.322%	$12.9M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0269%	1h	4.8017	+0.372%	$216.6M	$39.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7876	+0.077%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0368%	1h	4.8000	+0.337%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0395%	1h	4.7957	+0.248%	$9K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7931	+0.192%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7927	+0.183%	$32K	$667K	33x	as long as short