Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.067%

Price spread now: SoDEX against Phemex+0.029%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$960.957% of the position

Long on Phemex Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.138%+$14 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.029%, 7d avg +0.012%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LITUSDT	4.8040	0.0100	pay 0.0050% / 4h	2h 20m	$1.4M	$2.7M	20x
Short	SoDEX LIT-USD	4.8054	0.0100	get 0.0013% / 1h	20m 23s	$1K	$294K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phemex. 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 PhemexbpFee SoDEXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → +0.012%: $1.71
Slippage, 4 orders: −$75.7
Fee Phemex: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$94
Costs to cover: 0.957%
Break-even: never at this rate

Slippage from Phemex: live order book, 1 min ago; SoDEX: live order book, 31 min ago.

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 Phemex live order book, 1 min ago	3.12 bp	28.2 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX live order book, 31 min ago	0.42 bp	19.8 bp −$20	48.7 bp −$487	doesn't fit	doesn't fit

LIT on 41 exchanges

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	−0.0369%	4h	4.7999	−0.085%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0360%	1h	4.7913	−0.264%	$607K	$304K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0339%	1h	4.8052	+0.024%	$42K	$29K	10x	as long as short
01 Exchange LITUSD	−0.0328%	1h	4.8033	−0.015%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0188%	1h	4.8061	+0.044%	$86K	$46K	20x	as long as short
ApeX Omni LITUSDT	−0.0138%	1h	4.8000	−0.083%	$58K	$78K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0109%	4h	4.8067	+0.056%	$26.1M	$54.9M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0060%	1h	4.8058	+0.037%	$685K	$869K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.8069	+0.061%	$897K	$1.9M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8080	+0.083%	$35K	—	5x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	0.0000%	1h	4.8079	+0.081%	$206K	$284K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8073	+0.069%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	0.000%	$422	$178K	5.5x	as long as short
Gate LIT_USDT	+0.0044%	4h	4.8080	+0.083%	$2.8M	$3.8M	50x	as long as short
Bybit LITUSDT	+0.0064%	4h	4.8060	+0.042%	$41.7M	$25.0M	75x	as long as short
RISEx LIT/USDC	+0.0072%	1h	4.8097	+0.118%	$820K	$2.3M	5x	as long as short
Extended LIT-USD	+0.0088%	1h	4.8035	−0.009%	$5.0M	$4.7M	25x	as long as short
Lighter LIT	+0.0096%	1h	4.8091	+0.106%	$60.0M	$23.9M	5x	as long as short
Paradex LIT-USD-PERP	+0.0099%	8h	4.8020	−0.042%	$7K	$1K	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8055	+0.031%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8126	+0.178%	$217.6M	$34.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8048	+0.017%	$641K	$1.5M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8049	+0.019%	$77.5M	$67.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8088	+0.100%	$131K	$368K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8031	−0.018%	$157K	$37K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8045	+0.010%	$6.2M	$3.8M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8093	+0.110%	$5.5M	$728K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8080	+0.083%	$6.9M	$2.2M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8017	−0.048%	$294K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8066	+0.054%	$448K	$83K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8040	0.000%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.8054	+0.029%	$1K	$294K	5x
HTX LIT-USDT	+0.0100%	4h	4.8107	+0.139%	$193K	$270K	30x	as long as short
Phemex LITUSDTlong	+0.0100%	4h	4.8040	long leg	$1.4M	$2.7M	20x
Aevo LIT-PERP	+0.0104%	1h	4.8031	−0.020%	$150K	—	3x	as long as short
Aster LITUSDT	+0.0316%	4h	4.8120	+0.167%	$12.9M	$1.8M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8049	+0.019%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0392%	1h	4.8137	+0.202%	$3.8M	$11.5M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.8076	+0.076%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8090	+0.103%	$29K	$574K	33x	as long as short
Aftermath Perps LITUSD	+0.0448%	1h	4.8080	+0.084%	$9K	$186K	10x	as long as short