Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.029%

Price spread now: MEXC against gTrade (Gains Network)−0.138%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on MEXC

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—needs both histories

Funding pays, the price is against you. MEXC is 0.138% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 6.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LIT/USD	4.7510	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	38m 15s	$35K	—	150x
Short	MEXC LIT_USDT	4.7445	0.0076	get 0.0038% / 4h	38m 15s	$5.5M	$4.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee MEXCbpOrdersPrice spread, now −0.138%Rate

Funding earned: $15.3
Price spread: −0.138% → 0.000%: −$13.77
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$12.46
Costs to cover: 0.140%
Break-even: 12.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 4 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.10 bp	3.3 bp −$3	44.3 bp −$443	343.5 bp −$34.3K	doesn't fit

gTrade (Gains Network): 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
Gate LIT_USDT	−0.0900%	4h	4.7470	−0.085%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0792%	1h	4.7453	−0.121%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0603%	4h	4.7417	−0.197%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7461	−0.104%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0436%	4h	4.7475	−0.075%	$25.8M	$63.8M	50x	as long as short
Phemex LITUSDT	−0.0409%	4h	4.7470	−0.085%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0323%	1h	4.7469	−0.087%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0226%	4h	4.7518	+0.016%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.206%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0116%	4h	4.7685	+0.368%	$906K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0104%	4h	4.7470	−0.085%	$42.8M	$30.0M	75x	as long as short
Phoenix LIT	−0.0050%	1h	4.7618	+0.226%	$207K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7574	+0.134%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7540	+0.061%	$31K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USDlong	L +0.0003% / S −0.0003%	1h	4.7510	long leg	$35K	—	150x
RISEx LIT/USDC	+0.0012%	1h	4.7567	+0.120%	$818K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0015%	8h	4.7511	0.000%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.115%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0072%	1h	4.7680	+0.356%	$13K	$203K	10x	as long as short
edgeX LITUSDC	+0.0074%	4h	4.7649	+0.293%	$290K	$310K	10x	as long as short
MEXC LIT_USDTshort	+0.0076%	4h	4.7445	−0.138%	$5.5M	$4.1M	100x
Binance LITUSDT	+0.0079%	4h	4.7442	−0.144%	$75.6M	$81.4M	75x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.7442	−0.144%	$148K	$44K	3x	as long as short
Polymarket Perps LIT-USD	+0.0094%	1h	4.7526	+0.033%	$449K	$105K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7511	+0.001%	$59.7M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7525	+0.031%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7533	+0.048%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7549	+0.081%	$592K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7540	+0.062%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7635	+0.263%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7500	−0.022%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7506	−0.009%	$674K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7720	+0.441%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7488	−0.048%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7530	+0.041%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7457	−0.112%	$995	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7567	+0.119%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7447	−0.134%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0144%	1h	4.7540	+0.062%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0224%	1h	4.7559	+0.102%	$213.2M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0310%	4h	4.7502	−0.018%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7500	−0.023%	$62K	—	50x	as long as short