Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SunX+0.101%7-day average — · you sell dearer than you buy

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

Long on SunX Short on gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.101% dearer against SunX than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.6964	0.0100	pay 0.0050% / 4h	1h 22m	$4K	$1.2M	20x
Short	gTrade (Gains Network) LIT/USD	4.7012	L +0.0003% / S −0.0003%	get 0.0000% / 1h	22m 52s	$35K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SunX. 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 SunXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.101%Rate

Funding earned: −$20.45
Price spread: +0.101% → 0.000%: $10.11
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$28.34
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; gTrade (Gains Network): 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 SunX live order book, 11 min ago	500.14 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Gate LIT_USDT	−0.1242%	4h	4.7000	+0.077%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0825%	1h	4.7018	+0.115%	$660K	$1.4M	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0767%	1h	4.6966	+0.004%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0624%	4h	4.6906	−0.123%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.6930	−0.072%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0519%	4h	4.6940	−0.051%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0459%	4h	4.6944	−0.043%	$25.3M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0326%	1h	4.6944	−0.043%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0293%	4h	4.6967	+0.006%	$42.4M	$30.1M	75x	as long as short
KuCoin LITUSDTM	−0.0280%	4h	4.6953	−0.023%	$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
Aftermath Perps LITUSD	−0.0208%	1h	4.7061	+0.206%	$10K	$201K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0162%	4h	4.7040	+0.162%	$899K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	+0.496%	$668K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7016	+0.111%	$783K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0051%	1h	4.6950	−0.030%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7054	+0.192%	$243K	$327K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6993	+0.063%	$34K	—	5x	as long as short
Paradex LIT-USD-PERP	+0.0001%	8h	4.6952	−0.026%	$6K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USDshort	L +0.0003% / S −0.0003%	1h	4.7012	+0.101%	$35K	—	150x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.291%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7028	+0.135%	$286K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.6952	−0.026%	$5.5M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.6930	−0.072%	$74.5M	$80.8M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.6970	+0.012%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7041	+0.164%	$59.2M	$29.6M	5x	as long as short
SoDEX LIT-USD	+0.0096%	1h	4.6975	+0.023%	$996	$464K	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7066	+0.217%	$210.0M	$44.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7033	+0.147%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.6988	+0.050%	$578K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6987	+0.049%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6948	−0.033%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6980	+0.034%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7050	+0.183%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6958	−0.013%	$444K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7009	+0.095%	$2K	$729	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.6964	long leg	$4K	$1.2M	20x
HTX LIT-USDT	+0.0100%	4h	4.7116	+0.324%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6946	−0.038%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7050	+0.183%	$3.6M	$13.7M	5x	as long as short
BloFin LIT-USDT	+0.0227%	4h	4.6923	−0.087%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7006	+0.089%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0375% / S −0.0169%	1h	4.6999	+0.075%	$62K	—	50x	as long as short