Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.090%

Price spread now: OKX against SoDEX+0.036%7-day average +0.013% · 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−$58as in the Price arb table

costs, in and out, $10k−$600.602% of the position

Long on SoDEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.167%−$17 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.036%, 7d avg +0.013%

Together, before fees−0.055%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.023% dearer against SoDEX than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.013%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.6858	0.0100	pay 0.0013% / 1h	32m 02s	$1K	$416K	5x
Short	OKX LIT-USDT-SWAP	4.6875	0.0009	get 0.0005% / 4h	1h 32m	$25.3M	$61.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$19.06
Price spread: +0.036% → +0.013%: $2.32
Slippage, 4 orders: −$42.2
Fee SoDEX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$76.93
Costs to cover: 0.602%
Break-even: never at this rate

Slippage from SoDEX: live order book, 32 min ago; OKX: live order book, 2 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, 32 min ago	0.53 bp	20.2 bp −$20	52.1 bp −$521	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.43 bp	10.3 bp −$10	30.6 bp −$306	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
Orderly PERP_LIT_USDC	−0.0386%	4h	4.6811	−0.100%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0274%	1h	4.6868	+0.021%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0256%	1h	4.6850	−0.017%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0209%	1h	4.6849	−0.020%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0120%	4h	4.6900	+0.090%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6961	+0.220%	$202K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.125%	$611K	$423K	50x	as long as short
Phemex LITUSDT	+0.0001%	4h	4.6870	+0.026%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6897	+0.083%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0009%	1h	4.6881	+0.048%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LIT-USDT-SWAPshort	+0.0009%	4h	4.6875	+0.036%	$25.3M	$61.6M	50x
KuCoin LITUSDTM	+0.0012%	4h	4.6861	+0.006%	$5.2M	$1.1M	30x	as long as short
ApeX Omni LITUSDT	+0.0013%	1h	4.6930	+0.154%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.523%	$422	$178K	5.5x	as long as short
GRVT LIT_USDT_Perp	+0.0040%	4h	4.6950	+0.195%	$911K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0071%	8h	4.6848	−0.022%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6906	+0.102%	$58.5M	$28.7M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6897	+0.083%	$782K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6855	−0.006%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6930	+0.154%	$209.6M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6869	+0.023%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6849	−0.018%	$74.5M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6859	+0.002%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6878	+0.043%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.057%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6840	−0.038%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6880	+0.047%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6890	+0.068%	$684K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6865	+0.014%	$285K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6888	+0.064%	$443K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6865	+0.015%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6816	−0.090%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.6858	long leg	$1K	$416K	5x
HTX LIT-USDT	+0.0100%	4h	4.6914	+0.120%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6837	−0.044%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6645	−0.454%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0120%	1h	4.6935	+0.164%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0197%	4h	4.6942	+0.179%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0252%	1h	4.6880	+0.047%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6912	+0.115%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0411% / S −0.0209%	1h	4.6888	+0.063%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6899	+0.088%	$31K	$827K	33x	as long as short