Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Arcus+0.381%95s7-day average −0.092% · 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−$480.483% of the position

Long on Arcus Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.223%+$22 on $10k

Price spread, last 4 days (all we have)−0.568%−$57 · spread now +0.381%, 7d avg −0.092%

Together, before fees−0.344%−$34 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 0.473% dearer against Arcus than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of −0.092%. 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	4.7723	0.0100	pay 0.0013% / 1h	55m 41s	$123K	$465K	5x
Short	BloFin LIT-USDT	4.7905	0.0340	get 0.0170% / 4h	1h 55m	$1.6M	$2.3M	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 +0.381%Rate

Funding earned: $50.4
Price spread: +0.381% → −0.092%: $47.31
Slippage, 4 orders: −$31.76
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $49.46
Costs to cover: 0.483%
Break-even: 0.1 days

Slippage from Arcus: live order book, 53 min ago; BloFin: live order book, 2 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, 53 min ago	3.26 bp	5.9 bp −$6	10.6 bp −$106	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	3.85 bp	13.0 bp −$13	24.7 bp −$247	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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.8177	+0.952%	$610K	$370K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0426%	1h	4.7761	+0.079%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0378%	4h	4.7720	−0.006%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.7686	−0.078%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0226%	1h	4.7761	+0.079%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0172%	4h	4.7752	+0.061%	$25.6M	$62.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0070%	4h	4.7891	+0.352%	$889K	$1.9M	10x	as long as short
Polymarket Perps LIT-USD	−0.0020%	1h	4.7760	+0.078%	$448K	$83K	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.8232	+1.067%	$207K	$266K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7752	+0.061%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7798	+0.157%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0009%	1h	4.7990	+0.559%	$57K	$75K	50x	as long as short
Backpack LIT_USDC_PERP	+0.0029%	1h	4.7761	+0.080%	$673K	$1.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.664%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0080%	4h	4.7806	+0.174%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7729	+0.014%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7802	+0.166%	$59.5M	$27.2M	5x	as long as short
Phemex LITUSDT	+0.0097%	4h	4.7760	+0.078%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7779	+0.118%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7776	+0.111%	$612K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7696	−0.057%	$76.5M	$77.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7710	−0.027%	$41.3M	$28.9M	75x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7723	long leg	$123K	$465K	5x
Gate LIT_USDT	+0.0100%	4h	4.7780	+0.119%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7735	+0.025%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7710	−0.027%	$6.8M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8093	+0.774%	$294K	$302K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7760	+0.077%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7728	+0.010%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7765	+0.088%	$1K	$336K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7823	+0.210%	$199K	$343K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8185	+0.969%	$120K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7697	−0.054%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7785	+0.130%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7889	+0.347%	$32K	$690K	33x	as long as short
Lighter RH LIT	+0.0144%	1h	4.7833	+0.230%	$3.6M	$13.1M	5x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7728	+0.011%	$795K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0179%	1h	4.8130	+0.853%	$9K	$221K	10x	as long as short
Hyperliquid LIT	+0.0225%	1h	4.7838	+0.241%	$215.8M	$41.8M	5x	as long as short
Aster LITUSDT	+0.0229%	4h	4.7766	+0.090%	$12.8M	$2.0M	50x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.7905	+0.381%	$1.6M	$2.3M	75x
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7787	+0.134%	$64K	—	50x	as long as short