Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%

Price spread now: MEXC against SoDEX+0.071%53s7-day average +0.007% · 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−$480.480% of the position

Long on SoDEX Short on MEXC

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 4 days (all we have)−0.065%−$6 · spread now +0.071%, 7d avg +0.007%

Together, before fees−0.093%−$9 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: MEXC is 0.064% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 53 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	4.7890	0.0100	pay 0.0013% / 1h	39m 27s	$1K	$331K	5x
Short	MEXC LIT_USDT	4.7924	0.0100	get 0.0050% / 4h	39m 27s	$5.9M	$3.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → +0.007%: $6.4
Slippage, 4 orders: −$36.04
Fee SoDEX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$41.64
Costs to cover: 0.480%
Break-even: never at this rate

Slippage from SoDEX: live order book, 64 min ago; MEXC: 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, 64 min ago	0.10 bp	19.8 bp −$20	50.9 bp −$509	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.10 bp	4.1 bp −$4	55.2 bp −$552	317.0 bp −$31.7K	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	−0.0595%	1h	4.7899	+0.019%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0392%	1h	4.7917	+0.056%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0367%	4h	4.7880	−0.021%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.230%	$605K	$347K	50x	as long as short
Bullet LIT-USD	−0.0261%	1h	4.7933	+0.090%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0149%	4h	4.7952	+0.129%	$25.7M	$59.8M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0102%	4h	4.7990	+0.209%	$892K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0038%	1h	4.7980	+0.188%	$57K	$73K	50x	as long as short
Bybit LITUSDT	−0.0008%	4h	4.7923	+0.069%	$41.7M	$28.0M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7981	+0.190%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7984	+0.197%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.313%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8006	+0.242%	$206K	$293K	5x	as long as short
Phemex LITUSDT	+0.0056%	4h	4.7920	+0.063%	$1.4M	$2.7M	20x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.7978	+0.185%	$802K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7895	+0.011%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8013	+0.257%	$59.8M	$26.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7944	+0.114%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7988	+0.205%	$771K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7916	+0.054%	$76.8M	$74.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7959	+0.144%	$125K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7931	+0.085%	$119K	$6K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7960	+0.146%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.7924	+0.071%	$5.9M	$3.9M	100x
KuCoin LITUSDTM	+0.0100%	4h	4.7982	+0.192%	$5.5M	$938K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7990	+0.209%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7946	+0.117%	$766K	$945K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7948	+0.120%	$293K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7946	+0.117%	$450K	$82K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7937	+0.098%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7915	+0.052%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.7890	long leg	$1K	$331K	5x
HTX LIT-USDT	+0.0100%	4h	4.8019	+0.269%	$200K	$298K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7902	+0.025%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7917	+0.057%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0152%	1h	4.8029	+0.290%	$3.7M	$12.7M	5x	as long as short
Aster LITUSDT	+0.0190%	4h	4.8029	+0.290%	$12.9M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0250%	1h	4.8028	+0.288%	$216.9M	$38.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0320%	1h	4.7973	+0.173%	$10K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7946	+0.117%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7968	+0.163%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7970	+0.168%	$32K	$652K	33x	as long as short