Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%

Price spread now: Binance against SoDEX−0.037%7-day average +0.004% · 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−$67as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on SoDEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.037%, 7d avg +0.004%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against SoDEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.8165	0.0100	pay 0.0013% / 1h	21m 12s	$1K	$335K	5x
Short	Binance LITUSDT	4.8147	0.0100	get 0.0050% / 4h	2h 21m	$77.4M	$76.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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 SoDEXbpFee BinancebpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → +0.004%: −$4.11
Slippage, 4 orders: −$44.78
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.89
Costs to cover: 0.628%
Break-even: never at this rate

Slippage from SoDEX: live order book, 27 min ago; Binance: live order book, 6 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 SoDEX live order book, 27 min ago	0.53 bp	20.2 bp −$20	52.3 bp −$523	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.10 bp	8.4 bp −$8	33.3 bp −$333	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.8000	−0.343%	$607K	$366K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0356%	4h	4.8094	−0.147%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0232%	1h	4.8109	−0.116%	$31K	$4K	5x	as long as short
Phemex LITUSDT	−0.0210%	4h	4.8130	−0.073%	$1.4M	$2.8M	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0192%	1h	4.8168	+0.007%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0177%	1h	4.8128	−0.076%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0146%	4h	4.8166	+0.002%	$25.9M	$61.8M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0144%	4h	4.7790	−0.779%	$891K	$1.9M	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.8141	−0.050%	$207K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8097	−0.142%	$836K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7991	−0.361%	$34K	—	5x	as long as short
Bybit LITUSDT	0.0000%	4h	4.8165	0.000%	$41.9M	$28.7M	75x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8167	+0.004%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.260%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0036%	4h	4.8151	−0.029%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7936	−0.474%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8191	+0.054%	$60.0M	$28.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8131	−0.071%	$2.2M	$1.7M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8000	−0.343%	$580K	$1.6M	10x	as long as short
Binance LITUSDTshort	+0.0100%	4h	4.8147	−0.037%	$77.4M	$76.9M	75x
Arcus LIT-USD	+0.0100%	1h	4.8076	−0.185%	$119K	$461K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7822	−0.712%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8140	−0.052%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8153	−0.025%	$6.0M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8190	+0.052%	$6.9M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8181	+0.033%	$675K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7756	−0.850%	$292K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7750	−0.862%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8134	−0.064%	$452K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8175	+0.020%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8115	−0.104%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.8165	long leg	$1K	$335K	5x
HTX LIT-USDT	+0.0100%	4h	4.7893	−0.565%	$199K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8151	−0.029%	$5.3M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8130	−0.073%	$151K	—	3x	as long as short
Hyperliquid LIT	+0.0135%	1h	4.8268	+0.214%	$216.4M	$40.3M	5x	as long as short
Lighter RH LIT	+0.0208%	1h	4.8202	+0.077%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0222%	4h	4.8224	+0.122%	$12.9M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0307%	1h	4.7801	−0.756%	$8K	$204K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8106	−0.122%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0442% / S −0.0231%	1h	4.8152	−0.026%	$67K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8130	−0.073%	$33K	$683K	33x	as long as short