Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0181%/8hnext payment +$0.23 per $10,000 · paid last 24h −0.030%

Price spread now: dYdX against SoDEX−0.132%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. dYdX is 0.132% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.4 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.8024	−0.0180	get 0.0023% / 1h	4m 43s	$996	$478K	5x
Short	dYdX LIT-USD	4.7960	0.0001	get 0.0000% / 1h	4m 43s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.132%Rate

Funding earned: $38.01
Price spread: −0.132% → 0.000%: −$13.23
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $6.78
Costs to cover: 0.180%
Break-even: 5.8 days

Slippage unknown: SoDEX: live order book, 28 min ago; dYdX: 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 SoDEX live order book, 28 min ago	0.10 bp	20.0 bp −$20	48.1 bp −$481	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Deribit LIT_USDC-PERPETUAL	−0.0769%	1h	4.8031	+0.014%	$33K	$22K	10x	as long as short
01 Exchange LITUSD	−0.0640%	1h	4.7968	−0.117%	$33K	$5K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0486%	4h	4.7960	−0.133%	$33K	$2K	10x	as long as short
Bullet LIT-USD	−0.0447%	1h	4.8009	−0.031%	$87K	$79K	20x	as long as short
Phemex LITUSDT	−0.0439%	4h	4.8030	+0.012%	$1.3M	$2.7M	20x	as long as short
Bybit LITUSDT	−0.0333%	4h	4.8014	−0.021%	$43.7M	$29.7M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0281%	4h	4.7980	−0.092%	$25.6M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0244%	4h	4.7986	−0.079%	$5.3M	$1.1M	30x	as long as short
ApeX Omni LITUSDT	−0.0210%	1h	4.7940	−0.175%	$59K	$79K	50x	as long as short
SoDEX LIT-USDlong	−0.0180%	1h	4.8024	long leg	$996	$478K	5x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0150%	4h	4.8020	−0.008%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.7963	−0.127%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	+0.031%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7973	−0.106%	$899K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0012%	8h	4.7913	−0.231%	$5K	$1K	5x	as long as short
dYdX LIT-USDshort	+0.0001%	1h	4.7960	−0.132%	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8068	+0.091%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.550%	$419	$125K	5.5x	as long as short
Bulk LIT-USD	+0.0046%	1h	4.7925	−0.207%	$121K	$7K	10x	as long as short
RISEx LIT/USDC	+0.0061%	1h	4.8036	+0.026%	$843K	$2.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0080%	1h	4.7970	−0.113%	$11K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8104	+0.167%	$60.0M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7985	−0.081%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8010	−0.029%	$213.0M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8002	−0.046%	$598K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7983	−0.085%	$75.4M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7980	−0.092%	$118K	$452K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7997	−0.056%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8030	+0.012%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8048	+0.050%	$672K	$1.5M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7913	−0.231%	$292K	$313K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8038	+0.029%	$454K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8073	+0.102%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8002	−0.046%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7997	−0.056%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8022	−0.004%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7973	−0.106%	$150K	$44K	3x	as long as short
Aster LITUSDT	+0.0160%	4h	4.8093	+0.144%	$12.9M	$2.6M	50x	as long as short
Lighter RH LIT	+0.0184%	1h	4.8121	+0.202%	$3.8M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7960	−0.133%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0430% / S −0.0232%	1h	4.8069	+0.093%	$60K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8041	+0.034%	$32K	$857K	33x	as long as short