Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.007%

Price spread now: Derive against Paradex+0.016%7-day average — · you sell dearer than you buy

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

Long on Paradex 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 airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.7034	0.0097	pay 0.0097% / 8h	3h 24m	$6K	$2K	5x
Short	Derive LIT-PERP	4.7042	0.0100	get 0.0013% / 1h	24m 07s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Paradex. 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 ParadexbpFee DerivebpOrdersPrice spread, now +0.016%Rate

Funding earned: $0.66
Price spread: +0.016% → 0.000%: $1.64
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Derive: 3 bp × 2 orders: −$6
Net: −$7.7
Costs to cover: 0.100%
Break-even: 88.7 days

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

Paradex and 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 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	−0.0553%	1h	4.7013	−0.045%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0381%	4h	4.6968	−0.141%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.277%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0279%	1h	4.7021	−0.028%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7014	−0.043%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0118%	4h	4.6990	−0.094%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0111%	4h	4.7020	−0.030%	$41.0M	$28.9M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0038%	4h	4.6978	−0.119%	$25.3M	$60.7M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7116	+0.174%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7080	+0.097%	$800K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7101	+0.142%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7098	+0.136%	$31K	$744K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7067	+0.070%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0008%	1h	4.7080	+0.097%	$56K	$76K	50x	as long as short
KuCoin LITUSDTM	+0.0014%	4h	4.7022	−0.026%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.139%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0062%	1h	4.7045	+0.023%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7050	+0.034%	$58.7M	$28.3M	5x	as long as short
Paradex LIT-USD-PERPlong	+0.0097%	8h	4.7034	long leg	$6K	$2K	5x
Hyperliquid LIT	+0.0100%	1h	4.7077	+0.091%	$210.2M	$41.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7093	+0.125%	$572K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6982	−0.111%	$75.4M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7070	+0.076%	$118K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	+0.100%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7040	+0.012%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6990	−0.094%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7040	+0.012%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7016	−0.039%	$659K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7089	+0.117%	$288K	$303K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7070	+0.076%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7056	+0.046%	$440K	$85K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.7042	+0.016%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.7055	+0.044%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7005	−0.062%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7027	−0.015%	$199K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6989	−0.095%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7009	−0.053%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7079	+0.095%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0253%	4h	4.7094	+0.127%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0266%	1h	4.7095	+0.130%	$9K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7032	−0.005%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7061	+0.056%	$65K	—	50x	as long as short