Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:31 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.062%

Price spread now: Perpl against RISEx−0.009%49s7-day average −0.010% · you buy dearer than you sell

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

Long on RISEx Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.009%, 7d avg −0.010%

Together, before fees+0.027%+ Points / potential airdropPerpl: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7215	−0.0008	get 0.0001% / 1h	9m 35s	$787K	$2.2M	5x
Short	Perpl LIT	4.7211	0	get 0.0000% / 43m	6m 35s	$31K	$738K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now −0.009%Rate

Funding earned: $1.64
Price spread: −0.009% → −0.010%: $0.14
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$18.03
Costs to cover: 0.198%
Break-even: 84.1 days

Slippage unknown: RISEx: live order book, 4 min ago; Perpl: 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, 4 min ago	0.74 bp	3.7 bp −$4	13.9 bp −$139	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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	−0.0685%	1h	4.7147	−0.145%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.7080	−0.287%	$32K	$1K	10x	as long as short
Phemex LITUSDT	−0.0374%	4h	4.7130	−0.181%	$1.3M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0344%	1h	4.7120	−0.202%	$33K	$3K	5x	as long as short
Bullet LIT-USD	−0.0323%	1h	4.7138	−0.164%	$84K	$67K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.718%	$607K	$357K	50x	as long as short
Bybit LITUSDT	−0.0205%	4h	4.7200	−0.033%	$41.2M	$28.8M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0091%	4h	4.7185	−0.065%	$25.4M	$60.7M	50x	as long as short
ApeX Omni LITUSDT	−0.0088%	1h	4.7130	−0.181%	$56K	$75K	50x	as long as short
KuCoin LITUSDTM	−0.0032%	4h	4.7210	−0.012%	$5.3M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0017%	1h	4.7260	+0.094%	$203K	$299K	5x	as long as short
RISEx LIT/USDClong	−0.0008%	1h	4.7215	long leg	$787K	$2.2M	5x
dYdX LIT-USD	0.0000%	1h	4.7222	+0.013%	$34K	—	5x	as long as short
Perpl LITshort	0.0000%	43m	4.7211	−0.009%	$31K	$738K	33x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7189	−0.056%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.746%	$422	$178K	5.5x	as long as short
GRVT LIT_USDT_Perp	+0.0066%	4h	4.7167	−0.103%	$908K	$1.8M	10x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7152	−0.134%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7257	+0.088%	$58.9M	$28.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7185	−0.065%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7252	+0.077%	$211.0M	$40.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7207	−0.018%	$575K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7164	−0.109%	$75.7M	$78.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7188	−0.058%	$115K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7176	−0.084%	$118K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7210	−0.012%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7162	−0.113%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7240	+0.052%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7199	−0.035%	$661K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7179	−0.078%	$289K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7154	−0.130%	$443K	$87K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7179	−0.078%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7126	−0.190%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7161	−0.115%	$1K	$372K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7169	−0.098%	$199K	$358K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7173	−0.091%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7117	−0.209%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.7269	+0.113%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0235%	4h	4.7240	+0.051%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7149	−0.141%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0421%	1h	4.7219	+0.008%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0437% / S −0.0231%	1h	4.7181	−0.072%	$65K	—	50x	as long as short