Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0398%/8h= −43.6% APRpaid last 24h −0.063%

Price spread now: Gate against RISEx−0.002%7-day average +0.015% · 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−$74as in the Price arb table

costs, in and out, $10k−$720.718% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.189%−$19 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.002%, 7d avg +0.015%

Together, before fees−0.152%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7801	0.0118	pay 0.0015% / 1h	27m 45s	$796K	$2.4M	5x
Short	Gate LIT_USDT	4.7800	−0.0280	pay 0.0140% / 4h	3h 27m	$2.8M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.002%Rate

Funding earned: −$83.68
Price spread: −0.002% → +0.015%: −$1.76
Slippage, 4 orders: −$50.78
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$157.22
Costs to cover: 0.718%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Gate: 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	3.77 bp	6.9 bp −$7	23.0 bp −$230	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.05 bp	29.1 bp −$29	73.1 bp −$731	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
Deribit LIT_USDC-PERPETUAL	−0.0562%	1h	4.7749	−0.109%	$42K	$39K	10x	as long as short
01 Exchange LITUSD	−0.0496%	1h	4.7769	−0.067%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0482%	4h	4.7728	−0.152%	$881K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7706	−0.199%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.287%	$607K	$349K	50x	as long as short
Gate LIT_USDTshort	−0.0280%	4h	4.7800	−0.002%	$2.8M	$4.0M	50x
Bullet LIT-USD	−0.0238%	1h	4.7730	−0.148%	$86K	$66K	20x	as long as short
ApeX Omni LITUSDT	−0.0170%	1h	4.7690	−0.232%	$57K	$75K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0164%	4h	4.7816	+0.031%	$25.8M	$58.8M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0091%	1h	4.7794	−0.015%	$682K	$985K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0051%	4h	4.7800	−0.002%	$41.5M	$27.1M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7812	+0.023%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7766	−0.074%	$35K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7718	−0.174%	$205K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.500%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0035%	1h	4.7775	−0.054%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7793	−0.017%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7870	+0.144%	$59.6M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7875	+0.155%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7856	+0.115%	$215.9M	$38.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7808	+0.015%	$649K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7796	−0.010%	$76.8M	$73.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7801	0.000%	$125K	$424K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7789	−0.025%	$6.1M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7817	+0.033%	$5.4M	$867K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7810	+0.019%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7711	−0.188%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7805	+0.008%	$445K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.170%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7773	−0.059%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7755	−0.096%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7807	+0.013%	$192K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7730	−0.149%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7738	−0.132%	$121K	$2K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7782	−0.041%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7719	−0.171%	$149K	—	3x	as long as short
RISEx LIT/USDClong	+0.0118%	1h	4.7801	long leg	$796K	$2.4M	5x
Aster LITUSDT	+0.0269%	4h	4.7827	+0.054%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7763	−0.078%	$32K	$629K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7740	−0.128%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7751	−0.104%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0475%	1h	4.7860	+0.123%	$10K	$197K	10x	as long as short