Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.003%

Price spread now: Paradex against Pacifica−0.112%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Paradex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paradex is 0.112% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.7199	0.0100	pay 0.0013% / 1h	14m 31s	$604K	$1.7M	10x
Short	Paradex LIT-USD-PERP	4.7146	0.0003	get 0.0003% / 8h	1h 14m	$7K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Pacifica. 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 PacificabpFee ParadexbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$20.37
Price spread: −0.112% → 0.000%: −$11.16
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$43.53
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 5 min ago; Paradex: 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 Pacifica live order book, 5 min ago	2.35 bp	8.7 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.1254%	4h	4.7190	−0.018%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0776%	1h	4.7189	−0.021%	$663K	$1.4M	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0719%	1h	4.7128	−0.150%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0622%	4h	4.7096	−0.218%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7143	−0.118%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0508%	4h	4.7130	−0.146%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0471%	4h	4.7179	−0.042%	$25.4M	$62.6M	50x	as long as short
Bullet LIT-USD	−0.0334%	1h	4.7126	−0.154%	$84K	$81K	20x	as long as short
Bybit LITUSDT	−0.0276%	4h	4.7175	−0.050%	$42.6M	$30.2M	75x	as long as short
KuCoin LITUSDTM	−0.0260%	4h	4.7140	−0.124%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0239%	1h	4.6994	−0.433%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0158%	4h	4.6909	−0.613%	$893K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	−0.003%	$668K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7205	+0.013%	$805K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.6887	−0.660%	$203K	$327K	5x	as long as short
Nado LIT-PERP	−0.0006%	1h	4.7165	−0.071%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7193	−0.011%	$34K	—	5x	as long as short
Paradex LIT-USD-PERPshort	+0.0003%	8h	4.7146	−0.112%	$7K	$2K	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7180	−0.041%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.782%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0052%	4h	4.6888	−0.659%	$285K	$312K	10x	as long as short
MEXC LIT_USDT	+0.0060%	4h	4.7145	−0.114%	$5.6M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0061%	4h	4.7160	−0.082%	$74.9M	$80.8M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7127	−0.151%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7233	+0.073%	$59.5M	$29.8M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7221	+0.047%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7216	+0.037%	$12.6M	$2.4M	50x	as long as short
Pacifica LITlong	+0.0100%	1h	4.7199	long leg	$604K	$1.7M	10x
Arcus LIT-USD	+0.0100%	1h	4.7181	−0.038%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6888	−0.658%	$117K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7210	+0.024%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6920	−0.591%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7194	−0.010%	$446K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7171	−0.058%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7150	−0.103%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7145	−0.114%	$1K	$464K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6991	−0.440%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7155	−0.092%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7234	+0.075%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0242%	4h	4.7122	−0.163%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7129	−0.148%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0376% / S −0.0169%	1h	4.7174	−0.052%	$62K	—	50x	as long as short