Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:20 UTC−0.0135%/8h= −14.8% APRpaid last 24h −0.041%

Price spread now: SoDEX against Perpl−0.015%7-day average −0.067% · you buy dearer than you sell

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

Long on Perpl Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.107%−$11 on $10k

Price spread, last 3 days (all we have)−0.216%−$22 · spread now −0.015%, 7d avg −0.067%

Together, before fees−0.323%+ Points / potential airdropPerpl: Active · farm board−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.052% dearer against Perpl than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.067%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl LIT	4.7533	0.0112	pay 0.0010% / 43m	17m 10s	$31K	$841K	33x
Short	SoDEX LIT-USD	4.7526	−0.0023	pay 0.0003% / 1h	30m 10s	$994	$487K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Perpl. 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 PerplbpFee SoDEXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$28.32
Price spread: −0.015% → −0.067%: $5.19
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$44.93
Costs to cover: 0.218%
Break-even: never at this rate

Slippage unknown: Perpl: no order-book sample; SoDEX: live order book, 58 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 Perpl no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 58 min ago	0.62 bp	20.1 bp −$20	50.1 bp −$501	doesn't fit	doesn't fit

Perpl: 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	−0.0906%	1h	4.7505	−0.059%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0694%	4h	4.7540	+0.015%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0597%	4h	4.7445	−0.185%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7447	−0.181%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0501%	4h	4.7490	−0.091%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0423%	1h	4.7540	+0.015%	$666K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0379%	1h	4.7484	−0.104%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0309%	4h	4.7473	−0.126%	$24.9M	$61.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0304%	4h	4.7340	−0.407%	$891K	$1.9M	10x	as long as short
Bybit LITUSDT	−0.0304%	4h	4.7500	−0.070%	$43.0M	$30.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0294%	4h	4.7546	+0.027%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7551	+0.037%	$657K	$402K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7438	−0.200%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0030%	8h	4.7459	−0.155%	$6K	$2K	5x	as long as short
Extended LIT-USD	−0.0024%	1h	4.7475	−0.123%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USDshort	−0.0023%	1h	4.7526	−0.015%	$994	$487K	5x
dYdX LIT-USD	0.0000%	1h	4.7505	−0.059%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7545	+0.025%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7527	−0.013%	$818K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0022%	1h	4.7511	−0.046%	$449K	$105K	10x	as long as short
edgeX LITUSDC	+0.0026%	4h	4.7394	−0.293%	$288K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0030%	4h	4.7502	−0.065%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0032%	4h	4.7468	−0.137%	$75.0M	$81.1M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.066%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.113%	$119K	$6K	10x	as long as short
Nado LIT-PERP	+0.0040%	1h	4.7501	−0.066%	$2.1M	$1.7M	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7474	−0.125%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7603	+0.147%	$59.7M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7552	+0.040%	$211.2M	$45.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7592	+0.124%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7512	−0.044%	$587K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7498	−0.074%	$117K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7540	+0.015%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7430	−0.217%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7526	−0.015%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7519	−0.030%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7573	+0.084%	$190K	$329K	30x	as long as short
Perpl LITlong	+0.0112%	43m	4.7533	long leg	$31K	$841K	33x
BloFin LIT-USDT	+0.0123%	4h	4.7448	−0.179%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0168%	1h	4.7438	−0.200%	$12K	$199K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7529	−0.008%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7619	+0.181%	$3.7M	$14.2M	5x	as long as short