Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Bulk against Arcus−0.075%7-day average −0.010% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Arcus Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.075%, 7d avg −0.010%

Together, before fees−0.027%−$3 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: Bulk is 0.065% cheaper against Arcus than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7777	0.0100	pay 0.0013% / 1h	50m 01s	$121K	$453K	5x
Short	Bulk LIT-USD	4.7741	0.0100	get 0.0013% / 1h	50m 01s	$119K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now −0.075%Rate

Funding earned: $0
Price spread: −0.075% → −0.010%: −$6.48
Slippage, 4 orders: −$19.92
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$37.9
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from Arcus: live order book, 29 min ago; Bulk: live order book, 29 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, 29 min ago	4.05 bp	8.7 bp −$9	13.6 bp −$136	doesn't fit	doesn't fit
Sell Bulk live order book, 29 min ago	0.96 bp	7.7 bp −$8	14.8 bp −$148	50.1 bp −$5,006	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
Gate LIT_USDT	−0.0970%	4h	4.7810	+0.069%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0733%	1h	4.7754	−0.048%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0613%	4h	4.7723	−0.113%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0496%	1h	4.7719	−0.121%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0467%	4h	4.7770	−0.015%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0443%	4h	4.7770	−0.015%	$25.9M	$64.2M	50x	as long as short
Bullet LIT-USD	−0.0276%	1h	4.7756	−0.044%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7804	+0.057%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0175%	4h	4.7780	+0.006%	$43.1M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7920	+0.299%	$678K	$405K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0118%	4h	4.7864	+0.182%	$918K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7854	+0.161%	$208K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7784	+0.015%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7778	+0.001%	$32K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7806	+0.061%	$35K	—	150x	as long as short
Aftermath Perps LITUSD	+0.0011%	1h	4.7816	+0.083%	$13K	$204K	10x	as long as short
Paradex LIT-USD-PERP	+0.0011%	8h	4.7732	−0.093%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7809	+0.068%	$823K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.550%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0063%	4h	4.7869	+0.192%	$291K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0066%	4h	4.7767	−0.021%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0069%	4h	4.7774	−0.006%	$76.1M	$81.2M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7770	−0.015%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7853	+0.159%	$60.2M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7745	−0.067%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7837	+0.126%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7796	+0.040%	$619K	$1.6M	10x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7777	long leg	$121K	$453K	5x
Bulk LIT-USDshort	+0.0100%	1h	4.7741	−0.075%	$119K	$6K	10x
Bitget LITUSDT	+0.0100%	4h	4.7800	+0.048%	$6.8M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7816	+0.082%	$679K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7860	+0.174%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7769	−0.017%	$451K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7795	+0.038%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7782	+0.010%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7776	−0.002%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7848	+0.149%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7761	−0.034%	$5.3M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0136%	1h	4.7865	+0.184%	$3.7M	$13.8M	5x	as long as short
Hyperliquid LIT	+0.0241%	1h	4.7868	+0.190%	$214.6M	$44.7M	5x	as long as short
BloFin LIT-USDT	+0.0266%	4h	4.7725	−0.109%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7805	+0.058%	$63K	—	50x	as long as short