Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.085%

Price spread now: BloFin against RISEx−0.444%97s7-day average −0.087% · 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—prices read too far apart to compare

costs, in and out, $10k−$420.425% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.115%+$12 on $10k

Price spread, last 3 days (all we have)+0.215%+$22 · spread now −0.444%, 7d avg −0.087%

Together, before fees+0.331%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.357% cheaper against RISEx than usual: you would sell low and buy high (spread −0.444% now, against its 7-day average of −0.087%). If the spread goes back, that is −$36 on $10k: about 8.2 days of funding at the current rate (+$4 a day). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7658	0.0009	pay 0.0001% / 1h	21m 22s	$827K	$2.0M	5x
Short	BloFin LIT-USDT	4.7446	0.0154	get 0.0077% / 4h	2h 21m	$1.5M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.444%Rate

Funding earned: $30.34
Price spread: −0.444% → −0.087%: −$35.69
Slippage, 4 orders: −$24.48
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$47.84
Costs to cover: 0.425%
Break-even: 18.0 days

Slippage from RISEx: live order book, 2 min ago; BloFin: live order book, 2 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, 2 min ago	0.95 bp	3.9 bp −$4	14.8 bp −$148	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	2.11 bp	16.9 bp −$17	27.0 bp −$270	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
Deribit LIT_USDC-PERPETUAL	−0.0836%	1h	4.7632	−0.054%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0658%	4h	4.7630	−0.058%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0611%	4h	4.7580	−0.163%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0569%	4h	4.7600	−0.121%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7631	−0.056%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0348%	1h	4.7614	−0.092%	$86K	$81K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0341%	1h	4.7592	−0.138%	$668K	$1.5M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0317%	4h	4.7618	−0.083%	$25.1M	$62.1M	50x	as long as short
Bybit LITUSDT	−0.0317%	4h	4.7643	−0.031%	$43.1M	$30.6M	75x	as long as short
KuCoin LITUSDTM	−0.0304%	4h	4.7638	−0.041%	$5.3M	$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
GRVT LIT_USDT_Perp	−0.0296%	4h	4.7469	−0.397%	$906K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.133%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7583	−0.157%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0021%	8h	4.7544	−0.240%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	−0.0012%	1h	4.7615	−0.090%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7588	−0.147%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7685	+0.057%	$35K	—	150x	as long as short
Nado LIT-PERP	+0.0005%	1h	4.7650	−0.016%	$2.2M	$1.7M	10x	as long as short
RISEx LIT/USDClong	+0.0009%	1h	4.7658	long leg	$827K	$2.0M	5x
Aftermath Perps LITUSD	+0.0021%	1h	4.7551	−0.224%	$12K	$199K	10x	as long as short
Polymarket Perps LIT-USD	+0.0031%	1h	4.7698	+0.084%	$450K	$105K	10x	as long as short
Extended LIT-USD	+0.0032%	1h	4.7608	−0.105%	$5.3M	$5.2M	25x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.802%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0036%	4h	4.7510	−0.310%	$289K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0038%	4h	4.7647	−0.023%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0040%	4h	4.7612	−0.096%	$75.3M	$81.3M	75x	as long as short
Aevo LIT-PERP	+0.0056%	1h	4.7624	−0.070%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7639	−0.039%	$59.7M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7703	+0.095%	$211.9M	$45.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7696	+0.079%	$12.8M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7610	−0.100%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7561	−0.203%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7700	+0.089%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7470	−0.394%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7659	+0.003%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7588	−0.146%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7586	−0.151%	$190K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.427%	$119K	$6K	10x	as long as short
Perpl LIT	+0.0112%	43m	4.7650	−0.017%	$31K	$839K	33x	as long as short
BloFin LIT-USDTshort	+0.0154%	4h	4.7446	−0.444%	$1.5M	$2.0M	75x
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7655	−0.006%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0408%	1h	4.7658	+0.001%	$3.7M	$14.2M	5x	as long as short