Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: edgeX against Derive−0.003%46s7-day average — · you buy dearer than you sell

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

Long on Derive Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive LIT-PERP	4.7710	0.0100	pay 0.0013% / 1h	20m 20s	$2K	$961	6.7x
Short	edgeX LITUSDC	4.7708	0.0100	get 0.0050% / 4h	20m 20s	$292K	$302K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Derive. 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 DerivebpFee edgeXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → 0.000%: −$0.33
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.33
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; edgeX: live order book, 18 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell edgeX live order book, 18 min ago	5.22 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit

Derive: 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
Orderly PERP_LIT_USDC	−0.0382%	4h	4.7721	+0.024%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	+0.147%	$605K	$347K	50x	as long as short
01 Exchange LITUSD	−0.0304%	1h	4.7725	+0.032%	$31K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0295%	1h	4.7702	−0.016%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0219%	1h	4.7766	+0.118%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0163%	4h	4.7770	+0.126%	$25.7M	$59.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0110%	4h	4.7613	−0.202%	$882K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0055%	1h	4.7740	+0.063%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7750	+0.085%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7748	+0.080%	$35K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	+0.0020%	4h	4.7780	+0.147%	$41.4M	$28.1M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.692%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7725	+0.032%	$205K	$293K	5x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.7786	+0.160%	$796K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7742	+0.067%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7791	+0.170%	$59.5M	$26.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7745	+0.074%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7759	+0.104%	$816K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7780	+0.147%	$76.6M	$74.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7759	+0.103%	$126K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7812	+0.214%	$119K	$6K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7770	+0.126%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7755	+0.095%	$5.9M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7764	+0.114%	$5.4M	$943K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7790	+0.168%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7719	+0.019%	$680K	$1.0M	5x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7708	−0.003%	$292K	$302K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7776	+0.139%	$445K	$86K	10x	as long as short
Derive LIT-PERPlong	+0.0100%	1h	4.7710	long leg	$2K	$961	6.7x
SunX LIT-USDT	+0.0100%	4h	4.7681	−0.060%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7695	−0.031%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7816	+0.223%	$192K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7690	−0.041%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7737	+0.058%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7777	+0.141%	$149K	—	3x	as long as short
Hyperliquid LIT	+0.0228%	1h	4.7848	+0.290%	$216.1M	$38.7M	5x	as long as short
Aster LITUSDT	+0.0237%	4h	4.7842	+0.278%	$12.8M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0240%	1h	4.7808	+0.206%	$3.7M	$12.8M	5x	as long as short
Aftermath Perps LITUSD	+0.0340%	1h	4.7772	+0.130%	$9K	$204K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7695	−0.031%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7746	+0.076%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7786	+0.161%	$32K	$649K	33x	as long as short