Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.015%

Price spread now: HTX against RISEx−0.243%7-day average +0.098% · 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−$108as in the Price arb table

costs, in and out, $10k−$740.736% of the position

Long on RISEx Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.076%−$8 on $10k

Price spread, last 3 days (all we have)+0.227%+$23 · spread now −0.243%, 7d avg +0.098%

Together, before fees+0.151%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.340% cheaper against RISEx than usual: you would sell low and buy high (spread −0.243% now, against its 7-day average of +0.098%). If the spread goes back, that is −$34 on $10k: about 6.2 days of funding at the current rate (+$5 a day). Mind the row above: over the last 3 days funding on this pair cost −0.076%, 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	4.7065	−0.0082	get 0.0010% / 1h	16m 38s	$794K	$2.1M	5x
Short	HTX LIT-USDT	4.6951	0.0100	get 0.0050% / 4h	1h 16m	$188K	$329K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.243%Rate

Funding earned: $38.15
Price spread: −0.243% → +0.098%: −$34.03
Slippage, 4 orders: −$55.59
Fee RISEx: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$69.47
Costs to cover: 0.736%
Break-even: 19.7 days

Slippage from RISEx: live order book, 2 min ago; HTX: live order book, 66 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	1.49 bp	4.5 bp −$4	14.1 bp −$141	doesn't fit	doesn't fit
Sell HTX live order book, 66 min ago	18.14 bp	35.2 bp −$35	171.1 bp −$1,711	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
Gate LIT_USDT	−0.1290%	4h	4.7040	−0.054%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0816%	1h	4.6963	−0.217%	$660K	$1.4M	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0696%	1h	4.6911	−0.327%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0625%	4h	4.6853	−0.451%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.6864	−0.427%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0512%	4h	4.6900	−0.351%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0472%	4h	4.7025	−0.085%	$25.3M	$62.4M	50x	as long as short
Bullet LIT-USD	−0.0335%	1h	4.6899	−0.353%	$84K	$81K	20x	as long as short
Bybit LITUSDT	−0.0292%	4h	4.7020	−0.096%	$42.4M	$30.2M	75x	as long as short
KuCoin LITUSDTM	−0.0272%	4h	4.6969	−0.204%	$5.2M	$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
Aftermath Perps LITUSD	−0.0226%	1h	4.6934	−0.279%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0162%	4h	4.6860	−0.436%	$895K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	+0.280%	$668K	$398K	50x	as long as short
RISEx LIT/USDClong	−0.0082%	1h	4.7065	long leg	$794K	$2.1M	5x
Phoenix LIT	−0.0034%	1h	4.6887	−0.379%	$203K	$327K	5x	as long as short
Nado LIT-PERP	−0.0023%	1h	4.6909	−0.331%	$2.1M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	−0.0001%	8h	4.6991	−0.157%	$7K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7052	−0.029%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.6941	−0.263%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.071%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.6993	−0.153%	$5.5M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0056%	4h	4.6997	−0.146%	$74.7M	$80.8M	75x	as long as short
edgeX LITUSDC	+0.0057%	4h	4.6898	−0.354%	$285K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.6876	−0.402%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7062	−0.007%	$59.3M	$29.8M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7050	−0.032%	$210.0M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7035	−0.064%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7043	−0.047%	$602K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7048	−0.037%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6888	−0.376%	$117K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7060	−0.011%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6930	−0.287%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6932	−0.283%	$443K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6952	−0.240%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6934	−0.279%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6895	−0.362%	$995	$464K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.6951	−0.243%	$188K	$329K	30x
Extended LIT-USD	+0.0104%	1h	4.7015	−0.106%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7087	+0.046%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0216%	4h	4.6887	−0.379%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.6918	−0.312%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0374% / S −0.0169%	1h	4.6946	−0.254%	$62K	—	50x	as long as short