Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h +0.038%

Price spread now: GMX against Binance−0.020%7-day average — · you buy dearer than you sell

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

Long on Binance Short on GMX

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITUSDT	4.7397	0.0100	pay 0.0050% / 4h	20m 51s	$75.5M	$81.7M	75x
Short	GMX LIT/USD [ETH-USDC]	4.7388	L +0.0377% / S −0.0169%	get 0.0021% / 1h	20m 51s	$62K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $14.49
Price spread: −0.020% → 0.000%: −$1.99
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$9.5
Costs to cover: 0.220%
Break-even: 11.6 days

Slippage unknown: Binance: live order book, 7 min ago; GMX: 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 Binance live order book, 7 min ago	0.10 bp	10.2 bp −$10	32.2 bp −$322	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0842%	4h	4.7420	+0.049%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0564%	4h	4.7305	−0.194%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7369	−0.059%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0490%	1h	4.7364	−0.069%	$42K	$40K	10x	as long as short
OKX LIT-USDT-SWAP	−0.0382%	4h	4.7431	+0.072%	$25.8M	$64.0M	50x	as long as short
Bullet LIT-USD	−0.0329%	1h	4.7372	−0.053%	$85K	$80K	20x	as long as short
Phemex LITUSDT	−0.0325%	4h	4.7360	−0.078%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0204%	4h	4.7366	−0.065%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.446%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0090%	4h	4.7310	−0.184%	$907K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7392	−0.011%	$205K	$353K	5x	as long as short
Bybit LITUSDT	0.0000%	4h	4.7414	+0.036%	$42.7M	$30.1M	75x	as long as short
Perpl LIT	0.0000%	43m	4.7376	−0.045%	$31K	$840K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7394	−0.007%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7392	−0.011%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7396	−0.003%	$818K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0025%	8h	4.7355	−0.089%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.357%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0095%	4h	4.7260	−0.289%	$288K	$310K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7463	+0.139%	$59.7M	$30.0M	5x	as long as short
MEXC LIT_USDT	+0.0096%	4h	4.7397	0.000%	$5.7M	$4.1M	100x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7360	−0.078%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7464	+0.142%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7383	−0.030%	$590K	$1.7M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7397	long leg	$75.5M	$81.7M	75x
Arcus LIT-USD	+0.0100%	1h	4.7375	−0.046%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7353	−0.093%	$118K	$4K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7420	+0.049%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7444	+0.099%	$683K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7320	−0.162%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7392	−0.011%	$448K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7391	−0.013%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7360	−0.078%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7380	−0.036%	$982	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7402	+0.011%	$189K	$343K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7406	+0.019%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7351	−0.097%	$148K	$44K	3x	as long as short
Hyperliquid LIT	+0.0199%	1h	4.7485	+0.186%	$212.9M	$44.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0210%	1h	4.7427	+0.062%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7461	+0.135%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7383	−0.030%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0377% / S −0.0169%	1h	4.7388	−0.020%	$62K	—	50x