Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0177%/8h= +19.4% APRpaid last 24h +0.007%

Price spread now: Bitget against SoDEX+0.138%49s7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$900.904% of the position

Long on SoDEX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.138%, 7d avg +0.075%

Together, before fees−0.005%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.063% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.075%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7135	−0.0077	get 0.0010% / 1h	45m 27s	$977	$484K	5x
Short	Bitget LITUSDT	4.7200	0.0100	get 0.0050% / 4h	2h 45m	$6.7M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.138%Rate

Funding earned: $37.16
Price spread: +0.138% → +0.075%: $6.29
Slippage, 4 orders: −$70.41
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$46.96
Costs to cover: 0.904%
Break-even: 15.8 days

Slippage from SoDEX: live order book, 43 min ago; Bitget: live order book, 3 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, 43 min ago	0.62 bp	20.1 bp −$20	49.9 bp −$499	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.12 bp	24.2 bp −$24	85.6 bp −$856	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	−0.0953%	1h	4.7153	+0.038%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0680%	1h	4.7131	−0.008%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0645%	1h	4.7187	+0.110%	$663K	$1.5M	5x	as long as short
Gate LIT_USDT	−0.0626%	4h	4.7150	+0.032%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0577%	4h	4.7083	−0.110%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0399%	4h	4.7110	−0.053%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0330%	4h	4.7198	+0.134%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0304%	4h	4.7185	+0.106%	$25.0M	$60.7M	50x	as long as short
Bullet LIT-USD	−0.0301%	1h	4.7151	+0.033%	$85K	$81K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0294%	4h	4.7109	−0.056%	$893K	$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
Bybit LITUSDT	−0.0270%	4h	4.7180	+0.095%	$42.6M	$30.4M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7349	+0.453%	$653K	$399K	50x	as long as short
Nado LIT-PERP	−0.0129%	1h	4.7195	+0.127%	$2.1M	$1.7M	10x	as long as short
Extended LIT-USD	−0.0080%	1h	4.7121	−0.031%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USDlong	−0.0077%	1h	4.7135	long leg	$977	$484K	5x
Phoenix LIT	−0.0050%	1h	4.7209	+0.157%	$244K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7113	−0.047%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7220	+0.181%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7197	+0.132%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7208	+0.156%	$812K	$2.0M	5x	as long as short
Binance LITUSDT	+0.0033%	4h	4.7179	+0.093%	$74.6M	$80.9M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.920%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0036%	4h	4.7116	−0.040%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0041%	4h	4.7233	+0.208%	$287K	$312K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7114	−0.045%	$147K	$44K	3x	as long as short
Polymarket Perps LIT-USD	+0.0075%	1h	4.7209	+0.157%	$446K	$105K	10x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	+0.556%	$119K	$7K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7220	+0.180%	$59.2M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7215	+0.170%	$209.8M	$44.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7196	+0.129%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7194	+0.125%	$592K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7145	+0.021%	$118K	$445K	5x	as long as short
Bitget LITUSDTshort	+0.0100%	4h	4.7200	+0.138%	$6.7M	$2.7M	20x
ApeX Omni LITUSDT	+0.0100%	1h	4.7120	−0.032%	$55K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7182	+0.099%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7159	+0.051%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7273	+0.293%	$189K	$327K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7202	+0.143%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0147%	4h	4.7025	−0.233%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7407	+0.577%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0344%	1h	4.7237	+0.216%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0387% / S −0.0190%	1h	4.7193	+0.124%	$59K	—	50x	as long as short