Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.081%

Price spread now: SoDEX against BloFin−0.013%56s7-day average +0.022% · 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—prices read too far apart to compare

costs, in and out, $10k−$600.604% of the position

Long on BloFin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.201%−$20 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.013%, 7d avg +0.022%

Together, before fees−0.248%−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.034% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 56 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	BloFin LIT-USDT	4.6860	0.0340	pay 0.0170% / 4h	1h 28m	$1.5M	$1.9M	75x
Short	SoDEX LIT-USD	4.6854	0.0100	get 0.0013% / 1h	28m 02s	$1K	$411K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against BloFin. 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 BloFinbpFee SoDEXbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$50.4
Price spread: −0.013% → +0.022%: −$3.45
Slippage, 4 orders: −$40.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$114.28
Costs to cover: 0.604%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; SoDEX: live order book, 36 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 BloFin live order book, 5 min ago	0.85 bp	11.9 bp −$12	27.0 bp −$270	doesn't fit	doesn't fit
Sell SoDEX live order book, 36 min ago	0.53 bp	20.4 bp −$20	50.0 bp −$500	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
Orderly PERP_LIT_USDC	−0.0389%	4h	4.6797	−0.134%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0379%	1h	4.6856	−0.008%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0280%	1h	4.6785	−0.160%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0276%	1h	4.6851	−0.019%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6880	+0.043%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6961	+0.216%	$202K	$341K	5x	as long as short
Phemex LITUSDT	−0.0048%	4h	4.6830	−0.064%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.129%	$611K	$423K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6887	+0.058%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0006%	4h	4.6861	+0.002%	$5.2M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	+0.0006%	1h	4.6880	+0.043%	$56K	$76K	50x	as long as short
dYdX LIT-USD	+0.0008%	1h	4.6860	0.000%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	+0.0017%	4h	4.6871	+0.023%	$25.3M	$61.5M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.518%	$422	$178K	5.5x	as long as short
GRVT LIT_USDT_Perp	+0.0048%	4h	4.6933	+0.156%	$911K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0072%	8h	4.6807	−0.113%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6899	+0.083%	$58.5M	$28.7M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6868	+0.017%	$781K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6828	−0.067%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6918	+0.124%	$209.6M	$41.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6873	+0.028%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6839	−0.046%	$74.5M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6847	−0.028%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6853	−0.015%	$117K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.062%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6842	−0.038%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6880	+0.043%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6880	+0.043%	$690K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6894	+0.072%	$286K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6863	+0.006%	$443K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6881	+0.044%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6806	−0.115%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.6854	−0.013%	$1K	$411K	5x
HTX LIT-USDT	+0.0100%	4h	4.6923	+0.134%	$194K	$380K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6827	−0.071%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6834	−0.055%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.6927	+0.143%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0193%	4h	4.6927	+0.143%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0220%	1h	4.6874	+0.030%	$9K	$207K	10x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.6860	long leg	$1.5M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0412% / S −0.0209%	1h	4.6888	+0.060%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6874	+0.029%	$31K	$824K	33x	as long as short