Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h −0.048%

Price spread now: Bybit against RISEx−0.168%7-day average −0.017% · 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−$62as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on RISEx Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.190%−$19 on $10k

Price spread, last 7 days+0.132%+$13 · spread now −0.168%, 7d avg −0.017%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.151% cheaper against RISEx than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.6810	0.0073	pay 0.0009% / 1h	51m 18s	$781K	$2.1M	5x
Short	Bybit LITUSDT	4.6732	−0.0017	pay 0.0008% / 4h	51m 18s	$41.3M	$28.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.168%Rate

Funding earned: −$18.88
Price spread: −0.168% → −0.017%: −$15.06
Slippage, 4 orders: −$30.24
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$81.18
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago	1.92 bp	4.9 bp −$5	16.1 bp −$161	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.07 bp	20.8 bp −$21	64.6 bp −$646	413.9 bp −$41.4K	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	−0.0486%	1h	4.6680	−0.280%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0480%	1h	4.6697	−0.242%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6675	−0.289%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0301%	1h	4.6758	−0.112%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.079%	$612K	$404K	50x	as long as short
Gate LIT_USDT	−0.0184%	4h	4.6780	−0.065%	$2.7M	$4.2M	50x	as long as short
Phemex LITUSDT	−0.0133%	4h	4.6650	−0.343%	$1.3M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0125%	1h	4.6779	−0.067%	$663K	$1.4M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.6943	+0.283%	$202K	$305K	5x	as long as short
Bybit LITUSDTshort	−0.0017%	4h	4.6732	−0.168%	$41.3M	$28.5M	75x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0012%	4h	4.6834	+0.050%	$5.2M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6782	−0.061%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6752	−0.125%	$25.2M	$61.4M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6789	−0.046%	$11K	—	150x	as long as short
Polymarket Perps LIT-USD	+0.0018%	1h	4.6778	−0.069%	$437K	$109K	10x	as long as short
ApeX Omni LITUSDT	+0.0020%	1h	4.6840	+0.063%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.627%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0059%	8h	4.6758	−0.111%	$7K	$2K	5x	as long as short
Extended LIT-USD	+0.0064%	1h	4.6677	−0.285%	$5.1M	$5.0M	25x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.6863	+0.113%	$908K	$1.7M	10x	as long as short
RISEx LIT/USDClong	+0.0073%	1h	4.6810	long leg	$781K	$2.1M	5x
Nado LIT-PERP	+0.0083%	1h	4.6780	−0.064%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6725	−0.183%	$58.2M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6743	−0.144%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6830	+0.042%	$209.3M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6799	−0.024%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6724	−0.185%	$74.6M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6799	−0.024%	$122K	$453K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6887	+0.164%	$117K	$973	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6760	−0.108%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6720	−0.193%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6866	+0.119%	$286K	$303K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6766	−0.094%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6679	−0.281%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6690	−0.257%	$2K	$390K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6799	−0.024%	$198K	$388K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6699	−0.238%	$146K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0145%	1h	4.6861	+0.109%	$8K	$206K	10x	as long as short
Aster LITUSDT	+0.0192%	4h	4.6847	+0.078%	$12.5M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.6803	−0.016%	$31K	$793K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6684	−0.270%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6786	−0.053%	$62K	—	50x	as long as short