Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: MEXC against Bulk+0.088%7-day average −0.045% · 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−$11as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Bulk Short on MEXC

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)+0.052%+$5 · spread now +0.088%, 7d avg −0.045%

Together, before fees+0.042%+$4 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: MEXC is 0.133% dearer against Bulk than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.8128	0.0100	pay 0.0013% / 1h	59m 24s	$122K	$2K	10x
Short	MEXC LIT_USDT	4.8170	0.0100	get 0.0050% / 4h	2h 59m	$6.3M	$3.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.045%: $13.29
Slippage, 4 orders: −$13.78
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$11.49
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Bulk: live order book, 34 min ago; MEXC: live order book, 3 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, 34 min ago	1.04 bp	8.4 bp −$8	15.5 bp −$155	42.7 bp −$4,269	doesn't fit
Sell MEXC live order book, 3 min ago	0.10 bp	4.5 bp −$5	53.7 bp −$537	327.2 bp −$32.7K	doesn't fit

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
Coinbase International LIT-PERP-INTX	−0.0360%	1h	4.7913	−0.446%	$607K	$318K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0340%	4h	4.8045	−0.172%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.8137	+0.019%	$31K	$3K	5x	as long as short
Nado LIT-PERP	−0.0264%	1h	4.8105	−0.046%	$2.1M	$1.6M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0180%	1h	4.8123	−0.010%	$42K	$29K	10x	as long as short
Bullet LIT-USD	−0.0174%	1h	4.8126	−0.004%	$86K	$53K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0125%	4h	4.8103	−0.051%	$26.0M	$57.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0014%	4h	4.8128	+0.001%	$890K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8211	+0.173%	$35K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.8153	+0.052%	$34K	$602K	33x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8194	+0.139%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.8212	+0.175%	$207K	$276K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.182%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0043%	1h	4.8120	−0.016%	$57K	$75K	50x	as long as short
RISEx LIT/USDC	+0.0072%	1h	4.8163	+0.073%	$805K	$2.3M	5x	as long as short
Backpack LIT_USDC_PERP	+0.0083%	1h	4.8181	+0.111%	$689K	$960K	5x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.8124	−0.008%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8178	+0.105%	$60.0M	$23.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8130	+0.005%	$648K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8111	−0.035%	$77.5M	$70.9M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8127	−0.001%	$41.8M	$26.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8172	+0.092%	$131K	$408K	5x	as long as short
Bulk LIT-USDlong	+0.0100%	1h	4.8128	long leg	$122K	$2K	10x
Gate LIT_USDT	+0.0100%	4h	4.8190	+0.129%	$2.8M	$3.8M	50x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.8170	+0.088%	$6.3M	$3.7M	100x
KuCoin LITUSDTM	+0.0100%	4h	4.8188	+0.125%	$5.5M	$839K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8120	−0.016%	$6.9M	$2.3M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8130	+0.004%	$295K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8161	+0.069%	$449K	$84K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8099	−0.060%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8115	−0.026%	$1K	$322K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8130	+0.005%	$193K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8170	+0.088%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8092	−0.075%	$5.0M	$5.4M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8113	−0.030%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0256%	1h	4.8216	+0.183%	$3.8M	$11.3M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8135	+0.015%	$1.6M	$2.4M	75x	as long as short
Aster LITUSDT	+0.0346%	4h	4.8199	+0.148%	$12.9M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0370%	1h	4.8215	+0.181%	$217.9M	$36.4M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.8132	+0.009%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0480%	1h	4.8178	+0.104%	$9K	$193K	10x	as long as short