Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: HTX against Bulk−0.638%7-day average +0.100% · 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−$146as in the Price arb table

costs, in and out, $10k−$720.720% of the position

Long on Bulk Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.668%+$67 · spread now −0.638%, 7d avg +0.100%

Together, before fees+0.704%+$70 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: HTX is 0.738% cheaper against Bulk than usual: you would sell low and buy high, −$74 on $10k if it goes back to its 7-day average of +0.100%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.7305	0.0100	pay 0.0013% / 1h	6m 16s	$118K	$973	10x
Short	HTX LIT-USDT	4.7003	0.0100	get 0.0050% / 4h	1h 06m	$199K	$388K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bulk. 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 BulkbpFee HTXbpOrdersPrice spread, now −0.638%Rate

Funding earned: $0
Price spread: −0.638% → +0.100%: −$73.84
Slippage, 4 orders: −$53.03
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$145.88
Costs to cover: 0.720%
Break-even: never at this rate

Slippage from Bulk: live order book, 58 min ago; HTX: live order book, 56 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 Bulk live order book, 58 min ago	0.11 bp	7.2 bp −$7	14.4 bp −$144	40.1 bp −$4,009	doesn't fit
Sell HTX live order book, 56 min ago	16.13 bp	24.8 bp −$25	142.0 bp −$1,420	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	−0.0594%	1h	4.6862	−0.936%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.6820	−1.025%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.6830	−1.004%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.6881	−0.897%	$84K	$68K	20x	as long as short
ApeX Omni LITUSDT	−0.0115%	1h	4.6900	−0.856%	$56K	$76K	50x	as long as short
Gate LIT_USDT	−0.0098%	4h	4.6890	−0.877%	$2.7M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7010	−0.624%	$202K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−1.068%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0023%	4h	4.6880	−0.898%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6933	−0.787%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	+0.0005%	1h	4.6961	−0.728%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	+0.0016%	4h	4.6893	−0.871%	$25.2M	$61.6M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.554%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0038%	4h	4.6948	−0.755%	$5.2M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0066%	8h	4.6865	−0.931%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0070%	4h	4.6867	−0.926%	$41.6M	$28.5M	75x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.6940	−0.772%	$917K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6933	−0.786%	$58.5M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6949	−0.753%	$3.6M	$13.4M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6921	−0.813%	$782K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6905	−0.847%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6940	−0.772%	$209.8M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6919	−0.816%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6874	−0.911%	$74.7M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6906	−0.843%	$122K	$454K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6872	−0.915%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6880	−0.898%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6892	−0.873%	$664K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6901	−0.853%	$286K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6890	−0.877%	$438K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6895	−0.866%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6845	−0.972%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6880	−0.898%	$2K	$397K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7003	−0.638%	$199K	$388K	30x
Bulk LIT-USDlong	+0.0100%	1h	4.7305	long leg	$118K	$973	10x
Extended LIT-USD	+0.0104%	1h	4.6845	−0.972%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6874	−0.912%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0205%	1h	4.6997	−0.650%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0211%	4h	4.6962	−0.724%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6840	−0.983%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0416% / S −0.0214%	1h	4.6916	−0.822%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6917	−0.821%	$31K	$806K	33x	as long as short