Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Arcus+0.151%95s7-day average −0.078% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.509% of the position

Long on Arcus Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.197%+$20 on $10k

Price spread, last 3 days (all we have)−0.337%−$34 · spread now +0.151%, 7d avg −0.078%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.229% dearer against Arcus than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.078%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7170	0.0100	pay 0.0013% / 1h	55m 17s	$116K	$459K	5x
Short	BloFin LIT-USDT	4.7241	0.0340	get 0.0170% / 4h	3h 55m	$1.5M	$2.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Arcus. 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 ArcusbpFee BloFinbpOrdersPrice spread, now +0.151%Rate

Funding earned: $50.4
Price spread: +0.151% → −0.078%: $22.87
Slippage, 4 orders: −$34.35
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $22.42
Costs to cover: 0.509%
Break-even: 3.9 days

Slippage from Arcus: live order book, 18 min ago; BloFin: live order book, 3 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 Arcus live order book, 18 min ago	5.61 bp	8.0 bp −$8	13.9 bp −$139	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	7.63 bp	17.7 bp −$18	31.8 bp −$318	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
ApeX Omni LITUSDT	−0.0814%	1h	4.7230	+0.127%	$55K	$77K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0812%	1h	4.7121	−0.104%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0648%	1h	4.7082	−0.187%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0533%	4h	4.7090	−0.170%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0418%	4h	4.7210	+0.085%	$2.8M	$4.4M	50x	as long as short
Bullet LIT-USD	−0.0331%	1h	4.7148	−0.047%	$84K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0307%	4h	4.7153	−0.036%	$25.6M	$63.9M	50x	as long as short
Phemex LITUSDT	−0.0268%	4h	4.7230	+0.127%	$1.4M	$2.7M	20x	as long as short
GRVT LIT_USDT_Perp	−0.0178%	4h	4.7220	+0.106%	$904K	$1.8M	10x	as long as short
KuCoin LITUSDTM	−0.0176%	4h	4.7143	−0.057%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7414	+0.516%	$670K	$402K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7209	+0.083%	$205K	$361K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0025%	1h	4.7253	+0.176%	$680K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7193	+0.049%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7192	+0.046%	$31K	$858K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7202	+0.068%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0027%	8h	4.7125	−0.095%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.844%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0046%	1h	4.7169	−0.002%	$446K	$105K	10x	as long as short
Bybit LITUSDT	+0.0079%	4h	4.7142	−0.059%	$42.5M	$30.4M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7211	+0.087%	$59.0M	$29.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7165	−0.011%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7238	+0.144%	$211.9M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7213	+0.091%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7184	+0.030%	$586K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7134	−0.075%	$75.2M	$82.1M	75x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7170	long leg	$116K	$459K	5x
Bulk LIT-USD	+0.0100%	1h	4.7190	+0.042%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7136	−0.072%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7180	+0.021%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7216	+0.098%	$287K	$309K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7184	+0.030%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7121	−0.104%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7133	−0.078%	$995	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7275	+0.223%	$189K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7101	−0.147%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7208	+0.080%	$148K	$44K	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7191	+0.046%	$795K	$2.1M	5x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7231	+0.129%	$3.7M	$13.6M	5x	as long as short
Aftermath Perps LITUSD	+0.0236%	1h	4.7289	+0.253%	$13K	$203K	10x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.7241	+0.151%	$1.5M	$2.1M	75x
GMX LIT/USD [ETH-USDC]	L +0.0381% / S −0.0174%	1h	4.7187	+0.036%	$62K	—	50x	as long as short