Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.017%

Price spread now: dYdX against Paradex+0.055%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 dYdX

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 airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.055% dearer against Paradex than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.7906	0.0090	pay 0.0090% / 8h	1h 21m	$7K	$2K	5x
Short	dYdX LIT-USD	4.7932	0	get 0.0000% / 1h	21m 03s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$18.95
Price spread: +0.055% → 0.000%: $5.45
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$27.5
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; dYdX: 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 dYdX no order-book sample	—	—	—	—	—

Paradex and dYdX: 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 41 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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7780	−0.263%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0371%	4h	4.7849	−0.118%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7896	−0.020%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0218%	1h	4.7896	−0.020%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0143%	4h	4.7924	+0.038%	$25.7M	$61.3M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0142%	1h	4.7915	+0.020%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0070%	1h	4.7937	+0.065%	$676K	$1.0M	5x	as long as short
GRVT LIT_USDT_Perp	−0.0058%	4h	4.7939	+0.069%	$888K	$2.0M	10x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7932	+0.055%	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7932	+0.055%	$11K	—	150x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7943	+0.078%	$206K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.280%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0054%	4h	4.7906	+0.001%	$41.5M	$28.4M	75x	as long as short
Extended LIT-USD	+0.0056%	1h	4.7906	+0.001%	$5.1M	$5.2M	25x	as long as short
Phemex LITUSDT	+0.0080%	4h	4.7900	−0.012%	$1.4M	$2.8M	20x	as long as short
Paradex LIT-USD-PERPlong	+0.0090%	8h	4.7906	long leg	$7K	$2K	5x
Lighter LIT	+0.0096%	1h	4.7992	+0.180%	$59.7M	$27.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7923	+0.037%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7970	+0.134%	$769K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7905	−0.002%	$76.7M	$76.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7939	+0.069%	$124K	$445K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7896	−0.020%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7940	+0.072%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7922	+0.034%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7947	+0.086%	$5.5M	$1.0M	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7960	+0.113%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7813	−0.193%	$292K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7910	+0.009%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7915	+0.019%	$450K	$83K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7928	+0.046%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7907	+0.003%	$1K	$336K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7985	+0.165%	$200K	$313K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7901	−0.010%	$150K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7951	+0.094%	$32K	$673K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7919	+0.029%	$821K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0220%	4h	4.8001	+0.199%	$12.9M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0238%	1h	4.7807	−0.206%	$9K	$208K	10x	as long as short
Hyperliquid LIT	+0.0284%	1h	4.8008	+0.213%	$216.5M	$39.5M	5x	as long as short
Lighter RH LIT	+0.0336%	1h	4.7998	+0.193%	$3.7M	$13.2M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7886	−0.041%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7950	+0.092%	$64K	—	50x	as long as short