Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0298%/8h= +32.6% APRpaid last 24h +0.089%

Price spread now: BloFin against RISEx−0.138%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$320.325% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.116%+$12 on $10k

Price spread, last 3 days (all we have)−0.125%−$13 · spread now −0.138%, 7d avg −0.078%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.059% cheaper against RISEx than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of −0.078%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.116% in total) that is about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7567	0.0012	pay 0.0001% / 1h	38m 17s	$818K	$2.1M	5x
Short	BloFin LIT-USDT	4.7502	0.0310	get 0.0155% / 4h	38m 17s	$1.6M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against RISEx. 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 RISExbpFee BloFinbpOrdersPrice spread, now −0.138%Rate

Funding earned: $62.6
Price spread: −0.138% → −0.078%: −$5.94
Slippage, 4 orders: −$14.48
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $24.18
Costs to cover: 0.325%
Break-even: 4.3 days

Slippage from RISEx: live order book, 1 min ago; BloFin: live order book, 5 min ago.

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 RISEx live order book, 1 min ago	0.42 bp	3.4 bp −$3	13.4 bp −$134	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.10 bp	12.6 bp −$13	23.3 bp −$233	doesn't fit	doesn't fit

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	−0.0900%	4h	4.7500	−0.142%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0792%	1h	4.7453	−0.241%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0603%	4h	4.7417	−0.316%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7461	−0.224%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0436%	4h	4.7457	−0.232%	$25.8M	$63.8M	50x	as long as short
Phemex LITUSDT	−0.0414%	4h	4.7510	−0.121%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0323%	1h	4.7469	−0.206%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0226%	4h	4.7569	+0.003%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.086%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0116%	4h	4.7685	+0.248%	$906K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0104%	4h	4.7460	−0.226%	$42.8M	$30.0M	75x	as long as short
Phoenix LIT	−0.0050%	1h	4.7618	+0.106%	$207K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7574	+0.014%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7540	−0.059%	$31K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7510	−0.120%	$35K	—	150x	as long as short
RISEx LIT/USDClong	+0.0012%	1h	4.7567	long leg	$818K	$2.1M	5x
Paradex LIT-USD-PERP	+0.0015%	8h	4.7511	−0.120%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.993%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0072%	1h	4.7680	+0.236%	$13K	$203K	10x	as long as short
edgeX LITUSDC	+0.0074%	4h	4.7649	+0.172%	$290K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0076%	4h	4.7491	−0.161%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0079%	4h	4.7453	−0.242%	$75.6M	$81.4M	75x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.7442	−0.263%	$148K	$44K	3x	as long as short
Polymarket Perps LIT-USD	+0.0094%	1h	4.7526	−0.087%	$449K	$105K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7599	+0.066%	$59.9M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7525	−0.089%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7555	−0.027%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7549	−0.039%	$592K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7540	−0.058%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7635	+0.142%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7480	−0.184%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7556	−0.024%	$675K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7720	+0.321%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7488	−0.168%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7530	−0.079%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7457	−0.232%	$995	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7567	−0.001%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7447	−0.253%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7612	+0.094%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0229%	1h	4.7587	+0.041%	$213.4M	$44.9M	5x	as long as short
BloFin LIT-USDTshort	+0.0310%	4h	4.7502	−0.138%	$1.6M	$2.0M	75x
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7500	−0.142%	$62K	—	50x	as long as short