Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.081%

Price spread now: BloFin against SoDEX−0.089%56s7-day average −0.031% · 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—prices read too far apart to compare

costs, in and out, $10k−$710.710% of the position

Long on SoDEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.225%+$23 on $10k

Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.089%, 7d avg −0.031%

Together, before fees+0.344%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.058% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.031%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day). The two prices were read 56 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	4.7358	0.0100	pay 0.0013% / 1h	30m 06s	$4K	$302K	5x
Short	BloFin LIT-USDT	4.7316	0.0340	get 0.0170% / 4h	1h 30m	$1.6M	$2.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.089%Rate

Funding earned: $50.4
Price spread: −0.089% → −0.031%: −$5.76
Slippage, 4 orders: −$51
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$26.36
Costs to cover: 0.710%
Break-even: 10.7 days

Slippage from SoDEX: live order book, 17 min ago; BloFin: live order book, 11 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, 17 min ago	0.52 bp	19.9 bp −$20	52.1 bp −$521	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	4.99 bp	13.7 bp −$14	25.0 bp −$250	doesn't fit	doesn't fit

LIT on 41 exchanges

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	−0.0899%	1h	4.7368	+0.021%	$42K	$19K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0362%	4h	4.7309	−0.103%	$32K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0296%	1h	4.7269	−0.188%	$599K	$296K	50x	as long as short
01 Exchange LITUSD	−0.0248%	1h	4.7275	−0.175%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0173%	1h	4.7385	+0.057%	$85K	$44K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0078%	4h	4.7370	+0.025%	$25.8M	$53.9M	50x	as long as short
Gate LIT_USDT	−0.0048%	4h	4.7370	+0.025%	$2.8M	$3.6M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0045%	1h	4.7391	+0.070%	$676K	$874K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0008%	4h	4.7359	+0.002%	$878K	$1.9M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7409	+0.107%	$34K	—	5x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7385	+0.058%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.440%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0083%	1h	4.7335	−0.049%	$203K	$268K	5x	as long as short
Pacifica LIT	+0.0092%	1h	4.7373	+0.032%	$630K	$1.5M	10x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7350	−0.018%	$7K	$1K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7408	+0.106%	$59.1M	$23.7M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7402	+0.093%	$3.6M	$12.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7390	+0.068%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7409	+0.108%	$213.8M	$35.3M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7345	−0.028%	$76.4M	$66.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7369	+0.023%	$41.0M	$25.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7384	+0.055%	$133K	$366K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7353	−0.011%	$6.2M	$3.6M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7391	+0.070%	$5.4M	$665K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7400	+0.089%	$6.8M	$2.2M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7353	−0.011%	$291K	$301K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7580	+0.469%	$57K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7409	+0.108%	$454K	$128K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7325	−0.070%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.7358	long leg	$4K	$302K	5x
HTX LIT-USDT	+0.0100%	4h	4.7432	+0.156%	$190K	$258K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7340	−0.038%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7728	+0.782%	$157K	$41K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7360	+0.004%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7344	−0.029%	$148K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7383	+0.053%	$28K	$553K	33x	as long as short
RISEx LIT/USDC	+0.0176%	1h	4.7348	−0.022%	$787K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0254%	4h	4.7424	+0.139%	$12.7M	$1.8M	50x	as long as short
Aftermath Perps LITUSD	+0.0274%	1h	4.7626	+0.566%	$8K	$191K	10x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.7316	−0.089%	$1.6M	$2.3M	75x
GMX LIT/USD [ETH-USDC]	L +0.0421% / S −0.0217%	1h	4.7410	+0.109%	$63K	—	50x	as long as short