Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.009%

Price spread now: edgeX against SoDEX+0.114%75s7-day average +0.026% · 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−$610.605% of the position

Long on SoDEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.028%−$3 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.114%, 7d avg +0.026%

Together, before fees−0.039%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.088% dearer against SoDEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 75 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	4.7233	0.0079	pay 0.0010% / 1h	57m 41s	$999	$471K	5x
Short	edgeX LITUSDC	4.7287	0.0100	get 0.0050% / 4h	3h 57m	$288K	$311K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.114%Rate

Funding earned: $4.46
Price spread: +0.114% → +0.026%: $8.84
Slippage, 4 orders: −$43.53
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$47.23
Costs to cover: 0.605%
Break-even: 81.1 days

Slippage from SoDEX: live order book, 16 min ago; edgeX: live order book, 15 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, 16 min ago	0.11 bp	19.3 bp −$19	48.7 bp −$487	doesn't fit	doesn't fit
Sell edgeX live order book, 15 min ago	5.19 bp	10.6 bp −$11	doesn't fit	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
01 Exchange LITUSD	−0.0776%	1h	4.7147	−0.182%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0774%	1h	4.7218	−0.032%	$41K	$40K	10x	as long as short
Phemex LITUSDT	−0.0739%	4h	4.7220	−0.028%	$1.4M	$2.7M	20x	as long as short
Gate LIT_USDT	−0.0550%	4h	4.7270	+0.078%	$2.8M	$4.4M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0538%	4h	4.7143	−0.191%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0497%	1h	4.7199	−0.071%	$84K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0315%	4h	4.7246	+0.028%	$25.6M	$64.0M	50x	as long as short
Polymarket Perps LIT-USD	−0.0271%	1h	4.7217	−0.034%	$446K	$105K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0252%	1h	4.7271	+0.080%	$681K	$1.4M	5x	as long as short
KuCoin LITUSDTM	−0.0172%	4h	4.7194	−0.083%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7414	+0.382%	$670K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0086%	4h	4.7292	+0.124%	$906K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7276	+0.091%	$205K	$351K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7263	+0.064%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7232	−0.002%	$31K	$854K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7264	+0.065%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0026%	8h	4.7217	−0.035%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.709%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0048%	4h	4.7230	−0.006%	$42.6M	$30.4M	75x	as long as short
SoDEX LIT-USDlong	+0.0079%	1h	4.7233	long leg	$999	$471K	5x
Lighter LIT	+0.0096%	1h	4.7277	+0.093%	$59.1M	$29.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7185	−0.102%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7306	+0.155%	$212.2M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7275	+0.089%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7254	+0.044%	$587K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7215	−0.038%	$75.3M	$82.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7210	−0.049%	$117K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7190	−0.091%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7224	−0.019%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7240	+0.015%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7287	+0.114%	$288K	$311K	10x
ApeX Omni LITUSDT	+0.0100%	1h	4.7340	+0.227%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7257	+0.050%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7185	−0.102%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7400	+0.354%	$189K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7216	−0.035%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7230	−0.007%	$148K	$44K	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7255	+0.047%	$796K	$2.1M	5x	as long as short
Lighter RH LIT	+0.0136%	1h	4.7295	+0.131%	$3.7M	$13.6M	5x	as long as short
Aftermath Perps LITUSD	+0.0227%	1h	4.7329	+0.204%	$13K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7163	−0.148%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0381% / S −0.0173%	1h	4.7249	+0.033%	$62K	—	50x	as long as short