Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.016%

Price spread now: GRVT against RISEx−0.094%7-day average −0.091% · 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−$42as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on RISEx Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.208%−$21 on $10k

Price spread, last 7 days−0.153%−$15 · spread now −0.094%, 7d avg −0.091%

Together, before fees−0.361%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.091%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7702	0.0119	pay 0.0015% / 1h	10m 56s	$798K	$2.0M	5x
Short	GRVT LIT_USDT_Perp	4.7657	−0.0072	pay 0.0036% / 4h	3h 10m	$912K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.094%Rate

Funding earned: −$40.12
Price spread: −0.094% → −0.091%: −$0.33
Slippage, 4 orders: −$26.61
Fee RISEx: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$82.07
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; GRVT: 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, 3 min ago	0.94 bp	3.9 bp −$4	19.2 bp −$192	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	1.05 bp	15.7 bp −$16	87.3 bp −$873	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	−0.0858%	1h	4.7674	−0.058%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0481%	4h	4.7607	−0.198%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0432%	1h	4.7623	−0.165%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0363%	1h	4.7648	−0.112%	$85K	$72K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0199%	4h	4.7754	+0.110%	$25.9M	$63.8M	50x	as long as short
ApeX Omni LITUSDT	−0.0161%	1h	4.7740	+0.081%	$57K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7664	−0.079%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7783	+0.170%	$676K	$392K	50x	as long as short
GRVT LIT_USDT_Perpshort	−0.0072%	4h	4.7657	−0.094%	$912K	$1.8M	10x
Phoenix LIT	−0.0034%	1h	4.7712	+0.022%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7695	−0.013%	$32K	$852K	33x	as long as short
dYdX LIT-USD	+0.0002%	1h	4.7682	−0.041%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7720	+0.039%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.710%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0047%	8h	4.7654	−0.099%	$7K	$2K	5x	as long as short
Nado LIT-PERP	+0.0070%	1h	4.7625	−0.160%	$2.2M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0084%	1h	4.7655	−0.097%	$450K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7744	+0.089%	$59.7M	$30.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7747	+0.095%	$12.8M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7675	−0.056%	$591K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7706	+0.009%	$76.2M	$80.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7720	+0.039%	$43.0M	$29.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7673	−0.060%	$118K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7476	−0.472%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7680	−0.045%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7683	−0.039%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7770	+0.144%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7700	−0.003%	$691K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7665	−0.076%	$290K	$310K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7717	+0.032%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7664	−0.079%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7680	−0.045%	$1K	$453K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7699	−0.005%	$190K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7660	−0.087%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7665	−0.077%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7663	−0.081%	$149K	—	3x	as long as short
RISEx LIT/USDClong	+0.0119%	1h	4.7702	long leg	$798K	$2.0M	5x
Lighter RH LIT	+0.0176%	1h	4.7758	+0.118%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0337%	1h	4.7842	+0.295%	$214.8M	$43.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7658	−0.091%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0367%	1h	4.7670	−0.065%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0399% / S −0.0189%	1h	4.7695	−0.014%	$64K	—	50x	as long as short