Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h −0.001%

Price spread now: Bulk against edgeX−0.025%7-day average +0.025% · 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−$38as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on edgeX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.025%, 7d avg +0.025%

Together, before fees−0.205%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bulk is 0.049% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.6884	0.0100	pay 0.0050% / 4h	2h 02m	$286K	$305K	10x
Short	Bulk LIT-USD	4.6872	0.0039	get 0.0005% / 1h	2m 59s	$117K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$12.88
Price spread: −0.025% → +0.025%: −$4.92
Slippage, 4 orders: −$17.33
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$51.13
Costs to cover: 0.333%
Break-even: never at this rate

Slippage from edgeX: live order book, 65 min ago; Bulk: live order book, 1 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, 65 min ago	5.24 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Bulk live order book, 1 min ago	0.11 bp	4.9 bp −$5	11.9 bp −$119	43.1 bp −$4,308	110.7 bp −$55.3K

LIT on 41 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
01 Exchange LITUSD	−0.0496%	1h	4.6973	+0.190%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0426%	4h	4.6898	+0.030%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0312%	1h	4.6951	+0.143%	$84K	$67K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0174%	1h	4.6944	+0.129%	$41K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0116%	4h	4.6899	+0.033%	$892K	$1.7M	10x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.6900	+0.035%	$56K	$77K	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.6995	+0.237%	$203K	$352K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7385	+1.068%	$670K	$370K	50x	as long as short
KuCoin LITUSDTM	−0.0076%	4h	4.6952	+0.146%	$5.2M	$1.1M	30x	as long as short
Phemex LITUSDT	−0.0073%	4h	4.6950	+0.141%	$1.4M	$2.7M	20x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LIT-USDT-SWAP	−0.0067%	4h	4.6944	+0.129%	$25.4M	$61.7M	50x	as long as short
Gate LIT_USDT	−0.0018%	4h	4.6950	+0.141%	$2.7M	$4.3M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7012	+0.273%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6949	+0.139%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.466%	$422	$178K	5.5x	as long as short
Bulk LIT-USDshort	+0.0039%	1h	4.6872	−0.025%	$117K	$1K	10x
Paradex LIT-USD-PERP	+0.0049%	8h	4.6988	+0.222%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7013	+0.275%	$813K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7022	+0.295%	$58.9M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6994	+0.235%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6985	+0.216%	$210.1M	$41.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7008	+0.266%	$583K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6908	+0.052%	$74.7M	$78.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6911	+0.058%	$41.7M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6998	+0.244%	$117K	$444K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6932	+0.103%	$5.4M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6960	+0.163%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6961	+0.165%	$681K	$1.4M	5x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.6884	long leg	$286K	$305K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.6974	+0.193%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6946	+0.133%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6968	+0.180%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6960	+0.163%	$1K	$418K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7014	+0.278%	$189K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6933	+0.106%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6919	+0.076%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0124%	4h	4.7025	+0.302%	$12.6M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7020	+0.291%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0277%	1h	4.7008	+0.266%	$9K	$209K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0406% / S −0.0202%	1h	4.6952	+0.146%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6987	+0.220%	$31K	$833K	33x	as long as short