Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.099%

Price spread now: OKX against Arcus−0.028%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on Arcus Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.205%−$21 on $10k

Price spread, last 4 days (all we have)+0.473%+$47 · spread now −0.028%, 7d avg −0.040%

Together, before fees+0.268%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.6906	0.0100	pay 0.0013% / 1h	6m 19s	$122K	$454K	5x
Short	OKX LIT-USDT-SWAP	4.6893	0.0016	get 0.0008% / 4h	1h 06m	$25.2M	$61.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Arcus. 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 ArcusbpFee OKXbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$17.57
Price spread: −0.028% → −0.040%: $1.21
Slippage, 4 orders: −$27.09
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$57.95
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from Arcus: live order book, 57 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 Arcus live order book, 57 min ago	4.90 bp	12.4 bp −$12	16.2 bp −$162	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.11 bp	11.6 bp −$12	32.5 bp −$325	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
Deribit LIT_USDC-PERPETUAL	−0.0594%	1h	4.6862	−0.093%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.6820	−0.183%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.6830	−0.162%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.6881	−0.054%	$84K	$68K	20x	as long as short
ApeX Omni LITUSDT	−0.0115%	1h	4.6900	−0.013%	$56K	$76K	50x	as long as short
Gate LIT_USDT	−0.0098%	4h	4.6890	−0.034%	$2.7M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7010	+0.222%	$202K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.227%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0023%	4h	4.6880	−0.055%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6933	+0.057%	$11K	—	150x	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	+0.0005%	1h	4.6961	+0.116%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAPshort	+0.0016%	4h	4.6893	−0.028%	$25.2M	$61.6M	50x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.418%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0038%	4h	4.6948	+0.090%	$5.2M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0066%	8h	4.6865	−0.088%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0070%	4h	4.6867	−0.083%	$41.6M	$28.5M	75x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.6940	+0.072%	$917K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6933	+0.058%	$58.5M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6949	+0.092%	$3.6M	$13.4M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6921	+0.031%	$782K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6905	−0.003%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6940	+0.072%	$209.8M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6919	+0.028%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6874	−0.068%	$74.7M	$78.9M	75x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.6906	long leg	$122K	$454K	5x
MEXC LIT_USDT	+0.0100%	4h	4.6872	−0.072%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6880	−0.055%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6892	−0.030%	$664K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6901	−0.010%	$286K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6890	−0.034%	$438K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6895	−0.023%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6845	−0.130%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6880	−0.055%	$2K	$397K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7003	+0.207%	$199K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7305	+0.851%	$118K	$973	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6845	−0.129%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6874	−0.069%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0205%	1h	4.6997	+0.195%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0211%	4h	4.6962	+0.120%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6840	−0.141%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0416% / S −0.0214%	1h	4.6916	+0.022%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6917	+0.023%	$31K	$806K	33x	as long as short