Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.008%

Price spread now: Paradex against RISEx−0.217%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.217% cheaper against RISEx than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7264	0.0009	pay 0.0001% / 1h	9m 01s	$813K	$2.0M	5x
Short	Paradex LIT-USD-PERP	4.7162	−0.0022	pay 0.0022% / 8h	2h 09m	$6K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.217%Rate

Funding earned: −$6.63
Price spread: −0.217% → 0.000%: −$21.74
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$38.37
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 5 min ago; Paradex: no order-book sample. Net counts fees only.

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, 5 min ago	1.89 bp	4.9 bp −$5	17.2 bp −$172	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1090%	1h	4.7248	−0.035%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0632%	4h	4.7240	−0.052%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0618%	4h	4.7174	−0.191%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0606%	4h	4.7200	−0.136%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0584%	1h	4.7161	−0.219%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0354%	4h	4.7228	−0.077%	$25.0M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0354%	1h	4.7223	−0.088%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0300%	4h	4.7275	+0.022%	$5.2M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0292%	4h	4.7260	−0.009%	$42.7M	$30.7M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0266%	4h	4.7310	+0.097%	$898K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0253%	1h	4.7286	+0.046%	$664K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.967%	$660K	$404K	50x	as long as short
Aftermath Perps LITUSD	−0.0123%	1h	4.7451	+0.395%	$10K	$202K	10x	as long as short
SoDEX LIT-USD	−0.0066%	1h	4.7235	−0.062%	$999	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7251	−0.028%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERPshort	−0.0022%	8h	4.7162	−0.217%	$6K	$2K	5x
dYdX LIT-USD	0.0000%	1h	4.7227	−0.080%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7276	+0.025%	$35K	—	150x	as long as short
RISEx LIT/USDClong	+0.0009%	1h	4.7264	long leg	$813K	$2.0M	5x
Nado LIT-PERP	+0.0016%	1h	4.7219	−0.095%	$2.1M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0018%	1h	4.7244	−0.043%	$446K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.641%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0036%	4h	4.7215	−0.104%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0037%	4h	4.7227	−0.079%	$74.8M	$81.6M	75x	as long as short
edgeX LITUSDC	+0.0044%	4h	4.7395	+0.277%	$288K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7205	−0.125%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7306	+0.088%	$59.3M	$30.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7320	+0.118%	$210.9M	$45.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7270	+0.011%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7221	−0.092%	$582K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7226	−0.081%	$116K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7374	+0.232%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7260	−0.009%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7360	+0.202%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7282	+0.038%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7251	−0.028%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7306	+0.088%	$189K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7223	−0.088%	$5.2M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7264	−0.001%	$31K	$843K	33x	as long as short
BloFin LIT-USDT	+0.0148%	4h	4.7183	−0.172%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0357% / S −0.0155%	1h	4.7280	+0.033%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0408%	1h	4.7332	+0.143%	$3.7M	$14.3M	5x	as long as short