Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h +0.017%

Price spread now: SunX against RISEx−0.150%7-day average −0.071% · you buy dearer than you sell

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

Long on RISEx Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.076%−$8 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.150%, 7d avg −0.071%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.079% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.071%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7688	0.0148	pay 0.0018% / 1h	41m 25s	$795K	$2.2M	5x
Short	SunX LIT-USDT	4.7617	0.0100	get 0.0050% / 4h	1h 41m	$4K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$9.98
Price spread: −0.150% → −0.071%: −$7.9
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$31.88
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 2 min ago; SunX: live order book, 2 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 RISEx live order book, 2 min ago	1.47 bp	4.5 bp −$4	14.2 bp −$142	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	500.07 bp	doesn't fit	doesn't fit	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	−0.0497%	1h	4.7615	−0.154%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.152%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0390%	4h	4.7548	−0.295%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7625	−0.133%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0254%	1h	4.7686	−0.006%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0172%	4h	4.7703	+0.030%	$25.6M	$61.2M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0123%	1h	4.7644	−0.093%	$672K	$1.1M	5x	as long as short
GRVT LIT_USDT_Perp	−0.0086%	4h	4.7620	−0.144%	$879K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7621	−0.141%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7715	+0.056%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7699	+0.022%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.737%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0040%	1h	4.7650	−0.081%	$57K	$73K	50x	as long as short
Bybit LITUSDT	+0.0064%	4h	4.7670	−0.039%	$41.3M	$28.6M	75x	as long as short
KuCoin LITUSDTM	+0.0068%	4h	4.7702	+0.028%	$5.4M	$988K	30x	as long as short
Phemex LITUSDT	+0.0073%	4h	4.7610	−0.165%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7628	−0.127%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7702	+0.028%	$59.3M	$27.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7595	−0.196%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7662	−0.056%	$619K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7673	−0.033%	$76.3M	$76.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7678	−0.022%	$124K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7600	−0.186%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7630	−0.123%	$2.7M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7671	−0.037%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7700	+0.024%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7649	−0.083%	$291K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7700	+0.024%	$448K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7642	−0.098%	$2K	—	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.7617	−0.150%	$4K	$1.1M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7605	−0.175%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7752	+0.133%	$199K	$322K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7645	−0.092%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7582	−0.223%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7727	+0.081%	$32K	$677K	33x	as long as short
RISEx LIT/USDClong	+0.0148%	1h	4.7688	long leg	$795K	$2.2M	5x
Aftermath Perps LITUSD	+0.0179%	1h	4.7713	+0.051%	$9K	$210K	10x	as long as short
Aster LITUSDT	+0.0213%	4h	4.7723	+0.072%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0304%	1h	4.7786	+0.204%	$215.5M	$40.5M	5x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7718	+0.062%	$3.7M	$13.1M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7608	−0.169%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7645	−0.091%	$64K	—	50x	as long as short