Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Derive against edgeX+0.354%74s7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Derive

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.354% dearer against edgeX than usual: you sell high and buy low, +$35 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 74 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	4.6943	0.0100	pay 0.0050% / 4h	1h 59m	$286K	$305K	10x
Short	Derive LIT-PERP	4.7109	0.0100	get 0.0013% / 1h	59m 59s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.354%Rate

Funding earned: $0
Price spread: +0.354% → 0.000%: $35.41
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Derive: 3 bp × 2 orders: −$6
Net: $20.41
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: edgeX: live order book, 3 min ago; Derive: no order-book sample. 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 edgeX live order book, 3 min ago	5.22 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

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 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	−0.0480%	1h	4.7089	+0.311%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0417%	4h	4.7039	+0.204%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0297%	1h	4.7080	+0.292%	$85K	$67K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0296%	1h	4.7076	+0.284%	$41K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0102%	4h	4.6953	+0.021%	$898K	$1.7M	10x	as long as short
Phoenix LIT	−0.0102%	1h	4.6990	+0.100%	$203K	$352K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7385	+0.940%	$670K	$370K	50x	as long as short
ApeX Omni LITUSDT	−0.0069%	1h	4.6920	−0.049%	$56K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0064%	4h	4.7086	+0.305%	$5.2M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0057%	4h	4.7105	+0.345%	$25.5M	$61.7M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITUSDT	−0.0041%	4h	4.7060	+0.249%	$1.4M	$2.8M	20x	as long as short
Gate LIT_USDT	−0.0002%	4h	4.7100	+0.334%	$2.8M	$4.3M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7092	+0.316%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7109	+0.353%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.337%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0039%	1h	4.6872	−0.151%	$117K	$1K	10x	as long as short
Paradex LIT-USD-PERP	+0.0052%	8h	4.7037	+0.200%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7105	+0.346%	$811K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7141	+0.422%	$59.0M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7085	+0.302%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7142	+0.424%	$210.8M	$41.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7092	+0.317%	$584K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7068	+0.266%	$74.9M	$78.0M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7091	+0.315%	$41.8M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7080	+0.292%	$117K	$444K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7064	+0.258%	$5.4M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7120	+0.377%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7111	+0.358%	$683K	$1.4M	5x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.6943	long leg	$286K	$305K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7108	+0.351%	$445K	$104K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.7109	+0.354%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.7075	+0.281%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7087	+0.307%	$1K	$415K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7050	+0.228%	$190K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7084	+0.300%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7089	+0.312%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0141%	4h	4.7161	+0.464%	$12.6M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0232%	1h	4.7166	+0.475%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0297%	1h	4.7048	+0.223%	$9K	$209K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0408% / S −0.0203%	1h	4.7098	+0.331%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7114	+0.365%	$31K	$833K	33x	as long as short