Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%

Price spread now: SoDEX against MEXC−0.180%53s7-day average −0.007% · 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—prices read too far apart to compare

costs, in and out, $10k−$470.469% of the position

Long on MEXC Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.180%, 7d avg −0.007%

Together, before fees+0.193%+$19 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: SoDEX is 0.174% cheaper against MEXC than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 53 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	MEXC LIT_USDT	4.7190	0.0100	pay 0.0050% / 4h	3h 17m	$5.7M	$3.9M	100x
Short	SoDEX LIT-USD	4.7105	0.0100	get 0.0013% / 1h	17m 22s	$1K	$372K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against MEXC. 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 MEXCbpFee SoDEXbpOrdersPrice spread, now −0.180%Rate

Funding earned: $0
Price spread: −0.180% → −0.007%: −$17.36
Slippage, 4 orders: −$34.93
Fee MEXC: 2 bp × 2 orders: −$4
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$64.29
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; SoDEX: live order book, 36 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 MEXC live order book, 5 min ago	0.11 bp	4.0 bp −$4	50.7 bp −$507	315.2 bp −$31.5K	doesn't fit
Sell SoDEX live order book, 36 min ago	0.11 bp	19.7 bp −$20	52.0 bp −$520	doesn't fit	doesn't fit

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
Deribit LIT_USDC-PERPETUAL	−0.0495%	1h	4.7099	−0.192%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0382%	4h	4.7148	−0.089%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.664%	$607K	$357K	50x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.7173	−0.036%	$33K	$3K	5x	as long as short
Bullet LIT-USD	−0.0295%	1h	4.7194	+0.008%	$84K	$67K	20x	as long as short
Phemex LITUSDT	−0.0191%	4h	4.7130	−0.127%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0113%	4h	4.7210	+0.042%	$41.2M	$28.8M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0058%	4h	4.7209	+0.040%	$25.4M	$60.9M	50x	as long as short
ApeX Omni LITUSDT	−0.0048%	1h	4.7080	−0.233%	$56K	$75K	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7001	−0.401%	$202K	$299K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7233	+0.092%	$799K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7251	+0.130%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7234	+0.093%	$31K	$742K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7248	+0.122%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0004%	4h	4.7197	+0.015%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.801%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0081%	1h	4.7186	−0.008%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.7160	−0.063%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7256	+0.140%	$58.9M	$28.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7278	+0.187%	$211.1M	$41.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7212	+0.047%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7188	−0.004%	$75.7M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7221	+0.066%	$118K	$449K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7220	+0.064%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDTlong	+0.0100%	4h	4.7190	long leg	$5.7M	$3.9M	100x
Bitget LITUSDT	+0.0100%	4h	4.7230	+0.085%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7176	−0.030%	$661K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7070	−0.255%	$288K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7063	−0.270%	$903K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7194	+0.008%	$441K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7127	−0.133%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7063	−0.269%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7105	−0.180%	$1K	$372K	5x
HTX LIT-USDT	+0.0100%	4h	4.7120	−0.148%	$199K	$359K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6940	−0.530%	$117K	$8K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7188	−0.003%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7071	−0.252%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7267	+0.163%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0247%	4h	4.7278	+0.186%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7034	−0.331%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0370%	1h	4.7145	−0.096%	$9K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0437% / S −0.0231%	1h	4.7242	+0.110%	$65K	—	50x	as long as short