Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:22 UTC−0.0347%/8h= −37.9% APRpaid last 24h −0.044%

Price spread now: SoDEX against Perpl−0.043%7-day average −0.058% · you buy dearer than you sell

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

Long on Perpl Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.114%−$11 on $10k

Price spread, last 4 days (all we have)−0.263%−$26 · spread now −0.043%, 7d avg −0.058%

Together, before fees−0.377%+ Points / potential airdropPerpl: Active · farm board−$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl LIT	4.6914	0.0447	pay 0.0040% / 43m	16m 41s	$31K	$824K	33x
Short	SoDEX LIT-USD	4.6894	0.0100	get 0.0013% / 1h	28m 41s	$1K	$411K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Perpl. 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 PerplbpFee SoDEXbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$72.77
Price spread: −0.043% → −0.058%: $1.45
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$93.11
Costs to cover: 0.218%
Break-even: never at this rate

Slippage unknown: Perpl: no order-book sample; SoDEX: live order book, 35 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 Perpl no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 35 min ago	0.53 bp	20.4 bp −$20	50.0 bp −$500	doesn't fit	doesn't fit

Perpl: 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
Orderly PERP_LIT_USDC	−0.0387%	4h	4.6831	−0.178%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0296%	1h	4.6886	−0.060%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0274%	1h	4.6880	−0.074%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.6832	−0.176%	$33K	$4K	5x	as long as short
Gate LIT_USDT	−0.0116%	4h	4.6910	−0.009%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6961	+0.099%	$202K	$341K	5x	as long as short
Phemex LITUSDT	−0.0045%	4h	4.6870	−0.095%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.245%	$611K	$423K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6915	+0.001%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0006%	1h	4.6880	−0.073%	$56K	$76K	50x	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	+0.0008%	1h	4.6860	−0.116%	$34K	—	5x	as long as short
KuCoin LITUSDTM	+0.0010%	4h	4.6861	−0.114%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	+0.0018%	4h	4.6845	−0.148%	$25.3M	$61.5M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.399%	$422	$178K	5.5x	as long as short
GRVT LIT_USDT_Perp	+0.0048%	4h	4.6933	+0.040%	$911K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0072%	8h	4.6807	−0.229%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6894	−0.043%	$58.5M	$28.7M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6868	−0.099%	$781K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6870	−0.095%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6911	−0.007%	$209.6M	$41.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6873	−0.088%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6828	−0.185%	$74.5M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6828	−0.184%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6853	−0.131%	$117K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.178%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6839	−0.161%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6870	−0.095%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6941	+0.057%	$691K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6894	−0.044%	$286K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6882	−0.069%	$443K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6921	+0.014%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6850	−0.137%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.6894	−0.043%	$1K	$411K	5x
HTX LIT-USDT	+0.0100%	4h	4.6923	+0.018%	$194K	$380K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6802	−0.239%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6861	−0.115%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.6922	+0.016%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0193%	4h	4.6942	+0.059%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0225%	1h	4.6887	−0.059%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6860	−0.116%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0412% / S −0.0209%	1h	4.6922	+0.016%	$63K	—	50x	as long as short
Perpl LITlong	+0.0447%	43m	4.6914	long leg	$31K	$824K	33x