Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h 0.000%

Price spread now: edgeX against Arcus+0.359%7-day average −0.024% · 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+$2as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Arcus Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.040%−$4 on $10k

Price spread, last 3 days (all we have)−0.225%−$22 · spread now +0.359%, 7d avg −0.024%

Together, before fees−0.265%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.383% dearer against Arcus than usual: you sell high and buy low (spread +0.359% now, against its 7-day average of −0.024%): +$38 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7226	0.0100	pay 0.0013% / 1h	8m 44s	$116K	$449K	5x
Short	edgeX LITUSDC	4.7395	0.0044	get 0.0022% / 4h	2h 08m	$288K	$310K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.359%Rate

Funding earned: −$11.78
Price spread: +0.359% → −0.024%: $38.34
Slippage, 4 orders: −$23.25
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$10.2
Costs to cover: 0.368%
Break-even: from the start

Slippage from Arcus: live order book, 15 min ago; edgeX: live order book, 14 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, 15 min ago	4.95 bp	7.8 bp −$8	12.6 bp −$126	doesn't fit	doesn't fit
Sell edgeX live order book, 14 min ago	5.16 bp	10.5 bp −$11	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	−0.1090%	1h	4.7248	+0.046%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0632%	4h	4.7240	+0.030%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0618%	4h	4.7174	−0.110%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0606%	4h	4.7200	−0.055%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0584%	1h	4.7161	−0.138%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0354%	4h	4.7247	+0.044%	$25.0M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0354%	1h	4.7223	−0.006%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0300%	4h	4.7275	+0.104%	$5.2M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0287%	4h	4.7260	+0.072%	$42.7M	$30.7M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0266%	4h	4.7310	+0.178%	$898K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0253%	1h	4.7286	+0.127%	$664K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.049%	$660K	$404K	50x	as long as short
Aftermath Perps LITUSD	−0.0123%	1h	4.7451	+0.477%	$10K	$202K	10x	as long as short
SoDEX LIT-USD	−0.0066%	1h	4.7235	+0.019%	$999	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7251	+0.053%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0022%	8h	4.7162	−0.136%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7227	+0.001%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7276	+0.106%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7264	+0.081%	$813K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0016%	1h	4.7219	−0.014%	$2.1M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0018%	1h	4.7244	+0.038%	$446K	$105K	10x	as long as short
Binance LITUSDT	+0.0032%	4h	4.7219	−0.014%	$74.8M	$81.6M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.724%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0036%	4h	4.7215	−0.023%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDCshort	+0.0044%	4h	4.7395	+0.359%	$288K	$310K	10x
Aevo LIT-PERP	+0.0048%	1h	4.7205	−0.044%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7287	+0.129%	$59.3M	$30.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7323	+0.205%	$210.9M	$45.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7272	+0.096%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7221	−0.011%	$582K	$1.8M	10x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7226	long leg	$116K	$449K	5x
Bulk LIT-USD	+0.0100%	1h	4.7374	+0.313%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7270	+0.093%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7360	+0.284%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7282	+0.120%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7251	+0.053%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7306	+0.169%	$189K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7223	−0.007%	$5.2M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7264	+0.080%	$31K	$843K	33x	as long as short
BloFin LIT-USDT	+0.0148%	4h	4.7183	−0.091%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0357% / S −0.0155%	1h	4.7280	+0.115%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0416%	1h	4.7337	+0.235%	$3.7M	$14.3M	5x	as long as short