Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.017%

Price spread now: Binance against RISEx−0.137%7-day average −0.037% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.122%−$12 on $10k

Price spread, last 7 days+0.094%+$9 · spread now −0.137%, 7d avg −0.037%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.101% cheaper against RISEx than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.037%). If the spread goes back, that is −$10 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.6727	0.0073	pay 0.0009% / 1h	49m 49s	$779K	$2.1M	5x
Short	Binance LITUSDT	4.6663	0.0100	get 0.0050% / 4h	49m 49s	$74.5M	$79.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now −0.137%Rate

Funding earned: $5.66
Price spread: −0.137% → −0.037%: −$10.09
Slippage, 4 orders: −$21.03
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$41.46
Costs to cover: 0.370%
Break-even: 58.3 days

Slippage from RISEx: live order book, 4 min ago; Binance: live order book, 8 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 RISEx live order book, 4 min ago	1.92 bp	4.9 bp −$5	16.1 bp −$161	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.11 bp	13.6 bp −$14	36.0 bp −$360	doesn't fit	doesn't fit

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
01 Exchange LITUSD	−0.0504%	1h	4.6616	−0.239%	$32K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0390%	4h	4.6643	−0.181%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0373%	1h	4.6695	−0.071%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0297%	1h	4.6686	−0.089%	$84K	$68K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0228%	1h	4.6724	−0.007%	$662K	$1.4M	5x	as long as short
Gate LIT_USDT	−0.0194%	4h	4.6710	−0.037%	$2.7M	$4.2M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.257%	$612K	$404K	50x	as long as short
Phemex LITUSDT	−0.0135%	4h	4.6680	−0.102%	$1.3M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6943	+0.461%	$202K	$305K	5x	as long as short
Bybit LITUSDT	−0.0019%	4h	4.6646	−0.174%	$41.2M	$28.6M	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	−0.0016%	4h	4.6755	+0.059%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0002%	4h	4.6663	−0.138%	$25.1M	$61.2M	50x	as long as short
Polymarket Perps LIT-USD	0.0000%	1h	4.6696	−0.067%	$436K	$109K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6722	−0.013%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6726	−0.004%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0020%	1h	4.6840	+0.241%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.809%	$422	$178K	5.5x	as long as short
Extended LIT-USD	+0.0048%	1h	4.6671	−0.120%	$5.1M	$5.0M	25x	as long as short
Paradex LIT-USD-PERP	+0.0059%	8h	4.6660	−0.144%	$7K	$2K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.6863	+0.290%	$908K	$1.7M	10x	as long as short
RISEx LIT/USDClong	+0.0073%	1h	4.6727	long leg	$779K	$2.1M	5x
Nado LIT-PERP	+0.0074%	1h	4.6690	−0.080%	$2.1M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6733	+0.012%	$58.2M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6749	+0.046%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6756	+0.061%	$209.0M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6696	−0.067%	$580K	$1.6M	10x	as long as short
Binance LITUSDTshort	+0.0100%	4h	4.6663	−0.137%	$74.5M	$79.0M	75x
Arcus LIT-USD	+0.0100%	1h	4.6704	−0.050%	$122K	$453K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6887	+0.341%	$117K	$973	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6690	−0.080%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6680	−0.102%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6866	+0.297%	$286K	$303K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6720	−0.016%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6698	−0.063%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6710	−0.037%	$2K	$390K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6799	+0.153%	$198K	$388K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6696	−0.067%	$146K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0151%	1h	4.6840	+0.240%	$8K	$206K	10x	as long as short
Aster LITUSDT	+0.0185%	4h	4.6736	+0.018%	$12.5M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.6720	−0.016%	$31K	$794K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6684	−0.093%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6724	−0.007%	$62K	—	50x	as long as short