Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h +0.151%

Price spread now: SoDEX against Orderly+0.049%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on SoDEX

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

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and SoDEX is 0.049% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_LIT_USDC	4.6616	−0.0393	get 0.0197% / 4h	39m 37s	$32K	$1K	10x
Short	SoDEX LIT-USD	4.6639	0.0100	get 0.0013% / 1h	39m 37s	$1K	$390K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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 OrderlybpFee SoDEXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $103.61
Price spread: +0.049% → 0.000%: $4.93
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $94.55
Costs to cover: 0.140%
Break-even: 0.6 days

Slippage unknown: Orderly: no order-book sample; SoDEX: live order book, 19 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 Orderly no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 19 min ago	0.54 bp	20.9 bp −$21	52.4 bp −$524	doesn't fit	doesn't fit

Orderly: 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
Deribit LIT_USDC-PERPETUAL	−0.0669%	1h	4.6622	+0.014%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0520%	1h	4.6516	−0.215%	$32K	$4K	5x	as long as short
Orderly PERP_LIT_USDClong	−0.0393%	4h	4.6616	long leg	$32K	$1K	10x
Bullet LIT-USD	−0.0262%	1h	4.6703	+0.187%	$83K	$68K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0248%	1h	4.6654	+0.082%	$659K	$1.4M	5x	as long as short
Gate LIT_USDT	−0.0238%	4h	4.6610	−0.013%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.497%	$612K	$404K	50x	as long as short
Phemex LITUSDT	−0.0130%	4h	4.6620	+0.009%	$1.3M	$2.8M	20x	as long as short
Extended LIT-USD	−0.0072%	1h	4.6558	−0.124%	$5.1M	$5.0M	25x	as long as short
Nado LIT-PERP	−0.0045%	1h	4.6695	+0.169%	$2.1M	$1.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.6711	+0.204%	$201K	$305K	5x	as long as short
Bybit LITUSDT	−0.0028%	4h	4.6560	−0.120%	$41.0M	$28.8M	75x	as long as short
KuCoin LITUSDTM	−0.0014%	4h	4.6562	−0.116%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0004%	4h	4.6592	−0.051%	$25.0M	$61.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6632	+0.034%	$33K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6737	+0.260%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0032%	1h	4.6640	+0.051%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+3.055%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0065%	8h	4.6542	−0.160%	$6K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0070%	1h	4.6704	+0.189%	$436K	$109K	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6600	−0.035%	$777K	$2.1M	5x	as long as short
GRVT LIT_USDT_Perp	+0.0074%	4h	4.6661	+0.096%	$906K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6644	+0.060%	$58.1M	$28.6M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6658	+0.090%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6669	+0.114%	$208.7M	$41.9M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6590	−0.056%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6560	−0.119%	$74.4M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6702	+0.184%	$121K	$450K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6587	−0.062%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6610	−0.013%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6641	+0.055%	$285K	$304K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6646	+0.065%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6722	+0.227%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.6639	+0.049%	$1K	$390K	5x
HTX LIT-USDT	+0.0100%	4h	4.6660	+0.094%	$197K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6625	+0.020%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6656	+0.087%	$146K	—	3x	as long as short
Aster LITUSDT	+0.0182%	4h	4.6642	+0.056%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0234%	1h	4.6734	+0.252%	$8K	$206K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6740	+0.266%	$31K	$791K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6649	+0.071%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6738	+0.261%	$62K	—	50x	as long as short