Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.004%

Price spread now: Paradex against SoDEX−0.097%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.097% cheaper against SoDEX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.6649	0.0100	pay 0.0013% / 1h	42m 40s	$1K	$390K	5x
Short	Paradex LIT-USD-PERP	4.6604	0.0064	get 0.0064% / 8h	4h 42m	$6K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$7.49
Price spread: −0.097% → 0.000%: −$9.75
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$29.24
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 16 min ago; Paradex: no order-book sample. Net counts fees only.

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	0.54 bp	20.1 bp −$20	51.1 bp −$511	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0512%	1h	4.6558	−0.195%	$32K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0511%	1h	4.6628	−0.045%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0390%	4h	4.6606	−0.092%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0237%	1h	4.6641	−0.017%	$83K	$68K	20x	as long as short
Gate LIT_USDT	−0.0232%	4h	4.6660	+0.024%	$2.7M	$4.3M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0229%	1h	4.6657	+0.017%	$659K	$1.4M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.426%	$612K	$404K	50x	as long as short
Phemex LITUSDT	−0.0131%	4h	4.6620	−0.062%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	−0.0050%	1h	4.6655	+0.013%	$2.1M	$1.7M	10x	as long as short
Extended LIT-USD	−0.0048%	1h	4.6605	−0.095%	$5.1M	$5.0M	25x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.6711	+0.133%	$201K	$305K	5x	as long as short
Bybit LITUSDT	−0.0027%	4h	4.6613	−0.077%	$41.1M	$28.7M	75x	as long as short
KuCoin LITUSDTM	−0.0020%	4h	4.6683	+0.073%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0003%	4h	4.6638	−0.024%	$25.1M	$61.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6661	+0.026%	$33K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6684	+0.075%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0026%	1h	4.6660	+0.024%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.982%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERPshort	+0.0064%	8h	4.6604	−0.097%	$6K	$2K	5x
GRVT LIT_USDT_Perp	+0.0072%	4h	4.6672	+0.049%	$904K	$1.8M	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6646	−0.005%	$778K	$2.1M	5x	as long as short
Polymarket Perps LIT-USD	+0.0076%	1h	4.6654	+0.011%	$436K	$109K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6680	+0.066%	$58.1M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6694	+0.096%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6717	+0.146%	$209.0M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6653	+0.009%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6612	−0.079%	$74.5M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6707	+0.124%	$121K	$455K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6616	−0.071%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6650	+0.002%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6650	+0.003%	$284K	$305K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6650	+0.003%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6642	−0.015%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.6649	long leg	$1K	$390K	5x
HTX LIT-USDT	+0.0100%	4h	4.6716	+0.144%	$197K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6625	−0.051%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6618	−0.067%	$146K	—	3x	as long as short
Aster LITUSDT	+0.0186%	4h	4.6698	+0.105%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0202%	1h	4.6732	+0.178%	$8K	$206K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6679	+0.065%	$31K	$791K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6592	−0.122%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6674	+0.053%	$62K	—	50x	as long as short