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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: SoDEX against Arcus−0.017%7-day average −0.061% · 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−$55as in the Price arb table

costs, in and out, $10k−$600.596% of the position

Long on Arcus Short on SoDEX

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)−0.222%−$22 · spread now −0.017%, 7d avg −0.061%

Together, before fees−0.231%−$23 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: SoDEX is 0.044% dearer against Arcus than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7778	0.0100	pay 0.0013% / 1h	28m 21s	$124K	$422K	5x
Short	SoDEX LIT-USD	4.7770	0.0100	get 0.0013% / 1h	28m 21s	$1K	$332K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.061%: $4.43
Slippage, 4 orders: −$47.11
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$55.17
Costs to cover: 0.596%
Break-even: never at this rate

Slippage from Arcus: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago	3.66 bp	6.1 bp −$6	10.5 bp −$105	doesn't fit	doesn't fit
Sell SoDEX live order book, 5 min ago	0.52 bp	20.0 bp −$20	54.0 bp −$540	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	−0.0539%	1h	4.7767	−0.022%	$42K	$39K	10x	as long as short
01 Exchange LITUSD	−0.0496%	1h	4.7769	−0.019%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0482%	4h	4.7728	−0.104%	$881K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7706	−0.151%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.335%	$607K	$349K	50x	as long as short
Gate LIT_USDT	−0.0280%	4h	4.7760	−0.038%	$2.8M	$4.0M	50x	as long as short
Bullet LIT-USD	−0.0238%	1h	4.7730	−0.100%	$86K	$66K	20x	as long as short
ApeX Omni LITUSDT	−0.0170%	1h	4.7690	−0.184%	$57K	$75K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0164%	4h	4.7752	−0.054%	$25.8M	$58.7M	50x	as long as short
Bybit LITUSDT	−0.0088%	4h	4.7740	−0.080%	$41.5M	$27.1M	75x	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	−0.0086%	1h	4.7805	+0.057%	$682K	$985K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7822	+0.093%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7766	−0.026%	$35K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7718	−0.126%	$205K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.548%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0035%	1h	4.7775	−0.006%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7792	+0.030%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7835	+0.119%	$59.6M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7861	+0.174%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7819	+0.086%	$215.8M	$38.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7785	+0.015%	$649K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7727	−0.107%	$76.7M	$73.2M	75x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7778	long leg	$124K	$422K	5x
MEXC LIT_USDT	+0.0100%	4h	4.7751	−0.057%	$6.1M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7746	−0.067%	$5.4M	$887K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7770	−0.017%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7711	−0.140%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7805	+0.057%	$445K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.122%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7744	−0.071%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7770	−0.017%	$1K	$332K	5x
HTX LIT-USDT	+0.0100%	4h	4.7807	+0.061%	$192K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7750	−0.059%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7738	−0.084%	$121K	$2K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7773	−0.011%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7733	−0.094%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7801	+0.048%	$796K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0265%	4h	4.7802	+0.050%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7763	−0.030%	$32K	$629K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7740	−0.080%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7758	−0.041%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0475%	1h	4.7860	+0.171%	$10K	$197K	10x	as long as short