Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:20 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.041%

Price spread now: Perpl against SoDEX+0.060%7-day average +0.067% · you sell dearer than you buy

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

Long on SoDEX Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.107%+$11 on $10k

Price spread, last 3 days (all we have)+0.171%+$17 · spread now +0.060%, 7d avg +0.067%

Together, before fees+0.278%+ Points / potential airdropPerpl: Active · farm board+$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7466	−0.0024	get 0.0003% / 1h	30m 39s	$993	$487K	5x
Short	Perpl LIT	4.7495	0.0112	get 0.0010% / 43m	17m 39s	$31K	$841K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now +0.060%Rate

Funding earned: $28.56
Price spread: +0.060% → +0.067%: −$0.63
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: $6.12
Costs to cover: 0.218%
Break-even: 5.5 days

Slippage unknown: SoDEX: live order book, 58 min ago; Perpl: 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, 58 min ago	0.62 bp	20.1 bp −$20	49.9 bp −$499	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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
Deribit LIT_USDC-PERPETUAL	−0.0913%	1h	4.7480	+0.028%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0694%	4h	4.7490	+0.051%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0595%	4h	4.7424	−0.088%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7447	−0.040%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0464%	4h	4.7450	−0.034%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0437%	1h	4.7517	+0.107%	$667K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0380%	1h	4.7464	−0.004%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0304%	4h	4.7477	+0.023%	$24.9M	$61.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0304%	4h	4.7340	−0.266%	$891K	$1.9M	10x	as long as short
Bybit LITUSDT	−0.0304%	4h	4.7490	+0.051%	$43.0M	$30.5M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0294%	4h	4.7484	+0.038%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7487	+0.043%	$657K	$402K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7438	−0.059%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0030%	8h	4.7459	−0.014%	$6K	$2K	5x	as long as short
SoDEX LIT-USDlong	−0.0024%	1h	4.7466	long leg	$993	$487K	5x
Extended LIT-USD	−0.0024%	1h	4.7470	+0.009%	$5.2M	$5.1M	25x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7505	+0.083%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7515	+0.103%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7527	+0.128%	$818K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0021%	1h	4.7482	+0.034%	$448K	$105K	10x	as long as short
edgeX LITUSDC	+0.0026%	4h	4.7394	−0.152%	$288K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0030%	4h	4.7454	−0.025%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0032%	4h	4.7448	−0.038%	$75.0M	$81.1M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.209%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	+0.028%	$119K	$6K	10x	as long as short
Nado LIT-PERP	+0.0045%	1h	4.7495	+0.061%	$2.1M	$1.7M	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7462	−0.007%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7560	+0.198%	$59.6M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7519	+0.112%	$211.1M	$44.9M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7529	+0.132%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7512	+0.097%	$587K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7498	+0.067%	$117K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7510	+0.093%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7430	−0.076%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7528	+0.130%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7509	+0.091%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7573	+0.225%	$190K	$329K	30x	as long as short
Perpl LITshort	+0.0112%	43m	4.7495	+0.060%	$31K	$841K	33x
BloFin LIT-USDT	+0.0123%	4h	4.7448	−0.038%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0182%	1h	4.7421	−0.094%	$12K	$199K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7511	+0.095%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0376%	1h	4.7575	+0.230%	$3.7M	$14.2M	5x	as long as short