Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against edgeX−0.093%70s7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

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

costs, in and out, $10k−$470.465% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.093%, 7d avg −0.028%

Together, before fees−0.053%+ Points / potential airdropedgeX: Active · farm board−$5 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: Binance is 0.065% cheaper against edgeX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 70 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	edgeX LITUSDC	4.7325	0.0100	pay 0.0050% / 4h	48m 25s	$291K	$300K	10x
Short	Binance LITUSDT	4.7281	0.0100	get 0.0050% / 4h	48m 25s	$76.2M	$66.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → −0.028%: −$6.51
Slippage, 4 orders: −$27.51
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.02
Costs to cover: 0.465%
Break-even: never at this rate

Slippage from edgeX: live order book, 58 min ago; Binance: live order book, 2 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 edgeX live order book, 58 min ago	5.21 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.53 bp	13.3 bp −$13	38.1 bp −$381	doesn't fit	doesn't fit

LIT on 42 exchanges

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
ApeX Omni LITUSDT	−0.0466%	1h	4.7260	−0.137%	$57K	$78K	50x	as long as short
01 Exchange LITUSD	−0.0456%	1h	4.7315	−0.021%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0386%	4h	4.7239	−0.182%	$32K	$313	10x	as long as short
Gate LIT_USDT	−0.0286%	4h	4.7290	−0.074%	$2.8M	$3.3M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0270%	1h	4.7296	−0.062%	$41K	$19K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0255%	1h	4.7237	−0.186%	$674K	$868K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0240%	1h	4.7737	+0.870%	$606K	$298K	50x	as long as short
Bullet LIT-USD	−0.0221%	1h	4.7275	−0.107%	$84K	$44K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0128%	4h	4.7288	−0.079%	$877K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0051%	4h	4.7307	−0.038%	$25.8M	$53.8M	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7348	+0.049%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7304	−0.044%	$35K	—	150x	as long as short
Polymarket Perps LIT-USD	+0.0006%	1h	4.7275	−0.106%	$453K	$125K	10x	as long as short
Pacifica LIT	+0.0023%	1h	4.7373	+0.100%	$627K	$1.5M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.511%	$422	$178K	5.5x	as long as short
Extended LIT-USD	+0.0048%	1h	4.7279	−0.097%	$5.1M	$5.0M	25x	as long as short
Phoenix LIT	+0.0050%	1h	4.7338	+0.027%	$203K	$269K	5x	as long as short
Bybit LITUSDT	+0.0063%	4h	4.7280	−0.095%	$41.0M	$24.9M	75x	as long as short
Paradex LIT-USD-PERP	+0.0081%	8h	4.7357	+0.067%	$7K	$1K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7332	+0.015%	$786K	$2.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7390	+0.137%	$59.0M	$22.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7375	+0.106%	$3.4M	$12.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7290	−0.074%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7338	+0.027%	$213.4M	$35.0M	5x	as long as short
Binance LITUSDTshort	+0.0100%	4h	4.7281	−0.093%	$76.2M	$66.3M	75x
Arcus LIT-USD	+0.0100%	1h	4.7341	+0.034%	$135K	$366K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7270	−0.116%	$6.2M	$3.5M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7307	−0.038%	$5.4M	$634K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7310	−0.032%	$6.8M	$2.2M	20x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.7325	long leg	$291K	$300K	10x
Derive LIT-PERP	+0.0100%	1h	4.7313	−0.025%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7270	−0.116%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7300	−0.053%	$4K	$299K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7214	−0.235%	$189K	$253K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7210	−0.243%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7560	+0.496%	$158K	$50K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7263	−0.130%	$148K	—	3x	as long as short
Aster LITUSDT	+0.0136%	4h	4.7324	−0.003%	$12.7M	$1.7M	50x	as long as short
Aftermath Perps LITUSD	+0.0284%	1h	4.7451	+0.266%	$8K	$189K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7208	−0.247%	$1.6M	$2.4M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0421% / S −0.0217%	1h	4.7299	−0.056%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7308	−0.036%	$28K	$542K	33x	as long as short