Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0034%/8h= +3.8% APRpaid last 24h −0.015%

Price spread now: Injective against Paradex+1.364%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 Injective

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.364% dearer against Paradex than usual: you sell high and buy low: +$136 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	Paradex LIT-USD-PERP	4.7394	−0.0001	get 0.0001% / 8h	1h 08m	$7K	$2K	5x
Short	Injective LIT/USDC PERP	4.8040	0.0033	get 0.0004% / 1h	8m 20s	$422	$178K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.364%Rate

Funding earned: $7.22
Price spread: +1.364% → 0.000%: $136.38
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $139.58
Costs to cover: 0.040%
Break-even: from the start

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

Paradex and Injective: 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	−0.1176%	4h	4.7420	+0.056%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0930%	1h	4.7386	−0.017%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0651%	1h	4.7487	+0.197%	$666K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0629%	4h	4.7339	−0.115%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7335	−0.124%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0508%	4h	4.7370	−0.050%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0470%	4h	4.7387	−0.014%	$25.6M	$63.3M	50x	as long as short
Bullet LIT-USD	−0.0332%	1h	4.7365	−0.060%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSD	−0.0262%	1h	4.7316	−0.164%	$10K	$202K	10x	as long as short
Bybit LITUSDT	−0.0248%	4h	4.7373	−0.044%	$42.7M	$30.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0242%	4h	4.7418	+0.051%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7507	+0.239%	$672K	$401K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0134%	4h	4.7261	−0.279%	$900K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7397	+0.006%	$811K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7192	−0.425%	$204K	$327K	5x	as long as short
Nado LIT-PERP	−0.0006%	1h	4.7373	−0.042%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERPlong	−0.0001%	8h	4.7394	long leg	$7K	$2K	5x
dYdX LIT-USD	0.0000%	1h	4.7493	+0.210%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7390	−0.007%	$31K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7441	+0.100%	$35K	—	150x	as long as short
Injective LIT/USDC PERPshort	+0.0033%	1h	4.8040	+1.364%	$422	$178K	5.5x
MEXC LIT_USDT	+0.0056%	4h	4.7385	−0.018%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0056%	4h	4.7356	−0.079%	$75.2M	$81.0M	75x	as long as short
edgeX LITUSDC	+0.0062%	4h	4.7408	+0.030%	$288K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7400	+0.014%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7486	+0.195%	$59.8M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7451	+0.121%	$212.0M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7463	+0.147%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7475	+0.172%	$615K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7421	+0.058%	$118K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	+0.005%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7400	+0.013%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7280	−0.240%	$55K	$76K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7391	−0.006%	$448K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7433	+0.084%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7376	−0.037%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7395	+0.003%	$997	$465K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7518	+0.262%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7375	−0.039%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7516	+0.258%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0225%	4h	4.7391	−0.006%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7424	+0.063%	$62K	—	50x	as long as short