Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.7% APRpaid last 24h −0.012%

Price spread now: Paradex against Bitget−0.139%52s7-day average — · you buy dearer than you sell

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

Long on Bitget 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.139% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	Bitget LITUSDT	4.7850	0.0100	pay 0.0050% / 4h	1h 02m	$6.8M	$2.5M	20x
Short	Paradex LIT-USD-PERP	4.7784	0.0093	get 0.0093% / 8h	1h 02m	$7K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now −0.139%Rate

Funding earned: −$1.39
Price spread: −0.139% → 0.000%: −$13.89
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$31.29
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; 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 Bitget live order book, 5 min ago	1.04 bp	21.5 bp −$22	125.1 bp −$1,251	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7780	−0.147%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0363%	4h	4.7748	−0.213%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7780	−0.146%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0194%	1h	4.7808	−0.088%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0137%	4h	4.7794	−0.117%	$25.7M	$60.4M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0062%	4h	4.7880	+0.063%	$886K	$2.0M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0024%	1h	4.7818	−0.067%	$42K	$40K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7871	+0.045%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7846	−0.008%	$11K	—	150x	as long as short
Phoenix LIT	+0.0033%	1h	4.7929	+0.165%	$206K	$301K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.397%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0041%	4h	4.7786	−0.134%	$41.4M	$28.0M	75x	as long as short
Backpack LIT_USDC_PERP	+0.0044%	1h	4.7828	−0.046%	$675K	$941K	5x	as long as short
Paradex LIT-USD-PERPshort	+0.0093%	8h	4.7784	−0.139%	$7K	$2K	5x
Lighter LIT	+0.0096%	1h	4.7896	+0.096%	$59.6M	$27.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7810	−0.083%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7848	−0.003%	$769K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7786	−0.133%	$76.6M	$75.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7835	−0.031%	$124K	$445K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7850	0.000%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7789	−0.127%	$5.8M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7865	+0.031%	$5.5M	$992K	30x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.7850	long leg	$6.8M	$2.5M	20x
edgeX LITUSDC	+0.0100%	4h	4.7875	+0.053%	$293K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7890	+0.084%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7815	−0.073%	$449K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7837	−0.027%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7798	−0.109%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7816	−0.071%	$1K	$333K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7871	+0.044%	$199K	$298K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7820	−0.063%	$1.4M	$2.8M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7895	+0.094%	$119K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7775	−0.157%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7836	−0.030%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7841	−0.019%	$804K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0199%	4h	4.7884	+0.072%	$12.8M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0270%	1h	4.7889	+0.082%	$216.1M	$39.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7785	−0.136%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7913	+0.132%	$3.7M	$13.3M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7835	−0.032%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0428%	1h	4.7904	+0.113%	$10K	$205K	10x	as long as short
Perpl LIT	+0.0447%	43m	4.7850	0.000%	$32K	$664K	33x	as long as short