Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0103%/8h= +11.2% APRpaid last 24h +0.036%

Price spread now: GMX against Binance+0.039%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.039% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITUSDT	4.7080	0.0100	pay 0.0050% / 4h	1h 59m	$74.9M	$78.0M	75x
Short	GMX LIT/USD [ETH-USDC]	4.7098	L +0.0408% / S −0.0203%	get 0.0025% / 1h	59m 38s	$63K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.039%Rate

Funding earned: $21.53
Price spread: +0.039% → 0.000%: $3.86
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $3.39
Costs to cover: 0.220%
Break-even: 5.9 days

Slippage unknown: Binance: live order book, 13 min ago; GMX: no order-book sample. Net counts fees only.

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 Binance live order book, 13 min ago	0.11 bp	11.0 bp −$11	32.2 bp −$322	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 41 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
Orderly PERP_LIT_USDC	−0.0417%	4h	4.7039	−0.087%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0297%	1h	4.7080	0.000%	$85K	$67K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0296%	1h	4.7076	−0.008%	$41K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0102%	4h	4.6953	−0.271%	$898K	$1.7M	10x	as long as short
Phoenix LIT	−0.0102%	1h	4.6990	−0.191%	$203K	$352K	5x	as long as short
01 Exchange LITUSD	−0.0088%	1h	4.7106	+0.055%	$33K	$4K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7385	+0.647%	$670K	$370K	50x	as long as short
ApeX Omni LITUSDT	−0.0069%	1h	4.6920	−0.340%	$56K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0060%	4h	4.7109	+0.061%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0057%	4h	4.7108	+0.059%	$25.5M	$61.7M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITUSDT	−0.0041%	4h	4.7060	−0.043%	$1.4M	$2.8M	20x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7092	+0.024%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7109	+0.061%	$11K	—	150x	as long as short
Gate LIT_USDT	+0.0006%	4h	4.7120	+0.085%	$2.8M	$4.2M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.039%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0039%	1h	4.6872	−0.441%	$117K	$1K	10x	as long as short
Paradex LIT-USD-PERP	+0.0053%	8h	4.7072	−0.017%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7160	+0.170%	$59.1M	$28.1M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7121	+0.087%	$796K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7085	+0.010%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7164	+0.178%	$210.9M	$41.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7136	+0.119%	$585K	$1.6M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7080	long leg	$74.9M	$78.0M	75x
Bybit LITUSDT	+0.0100%	4h	4.7100	+0.042%	$41.8M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7115	+0.074%	$117K	$444K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7082	+0.004%	$5.4M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7140	+0.127%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7111	+0.066%	$683K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6943	−0.291%	$286K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7108	+0.059%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7109	+0.062%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7075	−0.011%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7087	+0.015%	$1K	$415K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7050	−0.064%	$190K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7099	+0.040%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7089	+0.020%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0151%	4h	4.7181	+0.214%	$12.6M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0232%	1h	4.7188	+0.229%	$3.7M	$13.4M	5x	as long as short
Aftermath Perps LITUSD	+0.0297%	1h	4.7048	−0.069%	$9K	$209K	10x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0408% / S −0.0203%	1h	4.7098	+0.039%	$63K	—	50x
Perpl LIT	+0.0447%	43m	4.7114	+0.073%	$31K	$833K	33x	as long as short