Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.032%

Price spread now: Paradex against ApeX Omni−1.174%50s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Paradex is 1.174% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −1.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$117 on $10k: about 14 days of funding at the current rate (+$8 a day). The two prices were read 50 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	ApeX Omni LITUSDT	4.7650	−0.0233	get 0.0029% / 1h	2m 29s	$57K	$77K	50x
Short	Paradex LIT-USD-PERP	4.7091	0.0041	get 0.0041% / 8h	7h 02m	$7K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against ApeX Omni. 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 ApeX OmnibpFee ParadexbpOrdersPrice spread, now −1.174%Rate

Funding earned: $57.56
Price spread: −1.174% → 0.000%: −$117.41
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$73.85
Costs to cover: 0.140%
Break-even: 16.0 days

Slippage unknown: ApeX Omni: no order-book sample; 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

ApeX Omni and 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
Deribit LIT_USDC-PERPETUAL	−0.1125%	1h	4.7146	−1.058%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0484%	4h	4.7135	−1.081%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0456%	1h	4.7071	−1.215%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0397%	1h	4.7080	−1.197%	$84K	$72K	20x	as long as short
ApeX Omni LITUSDTlong	−0.0233%	1h	4.7650	long leg	$57K	$77K	50x
OKX LIT-USDT-SWAP	−0.0190%	4h	4.7123	−1.106%	$25.6M	$63.2M	50x	as long as short
KuCoin LITUSDTM	−0.0140%	4h	4.7178	−0.991%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0116%	4h	4.7605	−0.095%	$905K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7439	−0.442%	$671K	$389K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7663	+0.027%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	+0.0002%	1h	4.7202	−0.940%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7212	−0.920%	$472	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.818%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERPshort	+0.0041%	8h	4.7091	−1.174%	$7K	$2K	5x
Polymarket Perps LIT-USD	+0.0045%	1h	4.7115	−1.123%	$445K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7193	−0.959%	$59.0M	$30.1M	5x	as long as short
Nado LIT-PERP	+0.0098%	1h	4.7140	−1.070%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7172	−1.002%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7171	−1.005%	$584K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7096	−1.163%	$75.3M	$79.7M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7110	−1.133%	$42.4M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7133	−1.085%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7660	+0.022%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7180	−0.986%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7120	−1.112%	$5.4M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7170	−1.007%	$6.7M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7173	−1.001%	$684K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7738	+0.184%	$291K	$308K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7195	−0.954%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7492	−0.332%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7180	−0.986%	$1K	$458K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7178	−0.991%	$188K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7160	−1.028%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7094	−1.166%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7164	−1.020%	$147K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7152	−1.045%	$786K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0160%	1h	4.7214	−0.915%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0294%	1h	4.7199	−0.947%	$211.9M	$43.8M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7116	−1.121%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0359%	1h	4.7680	+0.063%	$8K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0400% / S −0.0191%	1h	4.7194	−0.957%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7150	−1.049%	$31K	$852K	33x	as long as short