Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0013%/8h= +1.5% APRpaid last 24h +0.057%

Price spread now: SoDEX against Bybit−0.013%7-day average −0.021% · 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−$81as in the Price arb table

costs, in and out, $10k−$820.823% of the position

Long on Bybit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.105%+$10 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.013%, 7d avg −0.021%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7450	0.0087	pay 0.0043% / 4h	1h 29m	$41.1M	$28.4M	75x
Short	SoDEX LIT-USD	4.7444	0.0100	get 0.0013% / 1h	29m 07s	$1K	$335K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Bybit. 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 BybitbpFee SoDEXbpOrdersPrice spread, now −0.013%Rate

Funding earned: $2.83
Price spread: −0.013% → −0.021%: $0.86
Slippage, 4 orders: −$63.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$78.66
Costs to cover: 0.823%
Break-even: 201.8 days

Slippage from Bybit: live order book, 10 min ago; SoDEX: live order book, 14 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 Bybit live order book, 10 min ago	1.05 bp	21.6 bp −$22	68.7 bp −$687	doesn't fit	doesn't fit
Sell SoDEX live order book, 14 min ago	0.10 bp	19.8 bp −$20	49.5 bp −$495	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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.656%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0377%	4h	4.7391	−0.124%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7408	−0.089%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0229%	1h	4.7431	−0.040%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0163%	4h	4.7456	+0.013%	$25.4M	$60.7M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0133%	1h	4.7442	−0.017%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0127%	1h	4.7469	+0.040%	$669K	$1.0M	5x	as long as short
GRVT LIT_USDT_Perp	−0.0082%	4h	4.7430	−0.043%	$881K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7471	+0.045%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7467	+0.036%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7486	+0.076%	$204K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.243%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0048%	1h	4.7410	−0.084%	$57K	$73K	50x	as long as short
Extended LIT-USD	+0.0064%	1h	4.7424	−0.056%	$5.1M	$5.2M	25x	as long as short
Bybit LITUSDTlong	+0.0087%	4h	4.7450	long leg	$41.1M	$28.4M	75x
Paradex LIT-USD-PERP	+0.0090%	8h	4.7415	−0.074%	$7K	$2K	5x	as long as short
KuCoin LITUSDTM	+0.0090%	4h	4.7453	+0.006%	$5.3M	$980K	30x	as long as short
Lighter LIT	+0.0096%	1h	4.7508	+0.122%	$59.1M	$27.4M	5x	as long as short
Phemex LITUSDT	+0.0097%	4h	4.7430	−0.042%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7447	−0.005%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7489	+0.082%	$761K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7430	−0.042%	$75.9M	$76.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7446	−0.008%	$123K	$447K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7470	+0.042%	$2.7M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7425	−0.053%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7460	+0.021%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7401	−0.102%	$290K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7438	−0.025%	$445K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7664	+0.451%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7444	−0.013%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7444	−0.013%	$1K	$335K	5x
HTX LIT-USDT	+0.0100%	4h	4.7489	+0.082%	$198K	$313K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7420	−0.063%	$118K	$7K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7419	−0.065%	$148K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7461	+0.023%	$31K	$676K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7489	+0.082%	$795K	$2.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0208%	1h	4.7537	+0.183%	$9K	$209K	10x	as long as short
Aster LITUSDT	+0.0213%	4h	4.7522	+0.153%	$12.7M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0293%	1h	4.7539	+0.188%	$214.2M	$39.9M	5x	as long as short
Lighter RH LIT	+0.0320%	1h	4.7531	+0.171%	$3.7M	$13.2M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7399	−0.107%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0423% / S −0.0217%	1h	4.7462	+0.026%	$63K	—	50x	as long as short