Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%

Price spread now: SunX against SoDEX−0.116%7-day average −0.009% · you buy dearer than you sell

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

Long on SoDEX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.116%, 7d avg −0.009%

Together, before fees+0.309%+$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.108% cheaper against SoDEX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.8105	0.0100	pay 0.0013% / 1h	21m 02s	$1K	$334K	5x
Short	SunX LIT-USDT	4.8049	0.0100	get 0.0050% / 4h	3h 21m	$4K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.116%Rate

Funding earned: $0
Price spread: −0.116% → −0.009%: −$10.75
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$26.75
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 13 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 SoDEX live order book, 13 min ago	0.52 bp	20.0 bp −$20	51.0 bp −$510	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	−0.0626%	1h	4.8109	+0.008%	$42K	$39K	10x	as long as short
01 Exchange LITUSD	−0.0432%	1h	4.8047	−0.121%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0379%	4h	4.8056	−0.102%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7913	−0.399%	$607K	$336K	50x	as long as short
Bullet LIT-USD	−0.0229%	1h	4.8082	−0.048%	$86K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0176%	4h	4.8060	−0.094%	$894K	$2.0M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0154%	4h	4.8062	−0.089%	$26.0M	$58.8M	50x	as long as short
Gate LIT_USDT	−0.0080%	4h	4.8100	−0.010%	$2.8M	$4.0M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0048%	1h	4.8103	−0.004%	$686K	$985K	5x	as long as short
ApeX Omni LITUSDT	−0.0043%	1h	4.8090	−0.031%	$57K	$75K	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	0.0000%	1h	4.8130	+0.053%	$35K	—	5x	as long as short
Bybit LITUSDT	0.0000%	4h	4.8060	−0.094%	$41.7M	$26.8M	75x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8108	+0.007%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7914	−0.397%	$206K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.135%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0054%	1h	4.8058	−0.097%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8067	−0.079%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8132	+0.056%	$59.9M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.8157	+0.108%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8152	+0.098%	$217.3M	$37.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8074	−0.064%	$653K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8045	−0.125%	$77.2M	$73.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8088	−0.035%	$126K	$413K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8068	−0.077%	$6.3M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8120	+0.031%	$5.5M	$854K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8100	−0.010%	$6.9M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8034	−0.149%	$294K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8080	−0.052%	$448K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.801%	$2K	$961	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.8049	−0.116%	$4K	$1.1M	20x
SoDEX LIT-USDlong	+0.0100%	1h	4.8105	long leg	$1K	$334K	5x
HTX LIT-USDT	+0.0100%	4h	4.8111	+0.012%	$193K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8110	+0.010%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7738	−0.763%	$121K	$2K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8098	−0.014%	$5.0M	$5.5M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8079	−0.054%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.8094	−0.023%	$801K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0305%	4h	4.8112	+0.015%	$12.9M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.8107	+0.004%	$32K	$625K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8090	−0.031%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.8100	−0.011%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0454%	1h	4.8001	−0.217%	$9K	$197K	10x	as long as short