Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.019%

Price spread now: RISEx against Bitget+0.172%58s7-day average −0.006% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.600% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.088%+$9 on $10k

Price spread, last 7 days−0.094%−$9 · spread now +0.172%, 7d avg −0.006%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.178% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 58 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	4.6840	0.0100	pay 0.0050% / 4h	1h 05m	$6.8M	$2.6M	20x
Short	RISEx LIT/USDC	4.6921	0.0099	get 0.0012% / 1h	5m 39s	$782K	$2.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.172%Rate

Funding earned: −$0.13
Price spread: +0.172% → −0.006%: $17.83
Slippage, 4 orders: −$41.98
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$42.28
Costs to cover: 0.600%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; RISEx: live order book, 3 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 Bitget live order book, 3 min ago	3.20 bp	27.3 bp −$27	128.8 bp −$1,288	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	1.49 bp	4.9 bp −$5	15.7 bp −$157	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	+0.048%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.6820	−0.043%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.6830	−0.021%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.6881	+0.087%	$84K	$68K	20x	as long as short
ApeX Omni LITUSDT	−0.0115%	1h	4.6900	+0.128%	$56K	$76K	50x	as long as short
Gate LIT_USDT	−0.0098%	4h	4.6890	+0.107%	$2.7M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7010	+0.363%	$202K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.086%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0023%	4h	4.6880	+0.085%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6933	+0.198%	$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	4.6851	+0.024%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	+0.0016%	4h	4.6850	+0.021%	$25.2M	$61.6M	50x	as long as short
KuCoin LITUSDTM	+0.0032%	4h	4.6900	+0.128%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.562%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0056%	4h	4.6820	−0.043%	$41.6M	$28.5M	75x	as long as short
Paradex LIT-USD-PERP	+0.0065%	8h	4.6833	−0.014%	$7K	$2K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.6940	+0.213%	$917K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6871	+0.066%	$58.4M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6894	+0.115%	$3.6M	$13.4M	5x	as long as short
RISEx LIT/USDCshort	+0.0099%	1h	4.6921	+0.172%	$782K	$2.1M	5x
Nado LIT-PERP	+0.0100%	1h	4.6905	+0.138%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6919	+0.169%	$209.7M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6878	+0.081%	$578K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6809	−0.066%	$74.6M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6887	+0.100%	$122K	$454K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6825	−0.032%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.6840	long leg	$6.8M	$2.6M	20x
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6913	+0.156%	$665K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6901	+0.131%	$286K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6890	+0.107%	$438K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6895	+0.118%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6845	+0.011%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6880	+0.085%	$2K	$397K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7003	+0.348%	$199K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7305	+0.993%	$118K	$973	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6833	−0.015%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6874	+0.072%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0205%	1h	4.6997	+0.336%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0210%	4h	4.6950	+0.234%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6840	0.000%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0416% / S −0.0214%	1h	4.6916	+0.163%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6917	+0.164%	$31K	$806K	33x	as long as short