Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: SoDEX against Bulk−0.073%7-day average −0.049% · 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−$59as in the Price arb table

costs, in and out, $10k−$560.561% of the position

Long on Bulk Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.191%−$19 · spread now −0.073%, 7d avg −0.049%

Together, before fees−0.172%−$17 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 0.024% cheaper against Bulk than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.7740	0.0100	pay 0.0013% / 1h	31m 12s	$119K	$1K	10x
Short	SoDEX LIT-USD	4.7705	0.0100	get 0.0013% / 1h	31m 12s	$999	$457K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.073%Rate

Funding earned: $0
Price spread: −0.073% → −0.049%: −$2.4
Slippage, 4 orders: −$41.11
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$58.51
Costs to cover: 0.561%
Break-even: never at this rate

Slippage from Bulk: live order book, 43 min ago; SoDEX: live order book, 42 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, 43 min ago	1.70 bp	7.3 bp −$7	17.3 bp −$173	68.1 bp −$6,808	doesn't fit
Sell SoDEX live order book, 42 min ago	0.11 bp	20.1 bp −$20	51.2 bp −$512	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	−0.0676%	1h	4.7699	−0.087%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0517%	4h	4.7644	−0.201%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0448%	1h	4.7721	−0.040%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0376%	1h	4.7679	−0.128%	$85K	$75K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0217%	4h	4.7675	−0.136%	$25.9M	$64.2M	50x	as long as short
ApeX Omni LITUSDT	−0.0212%	1h	4.7590	−0.314%	$57K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0148%	4h	4.7666	−0.155%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7831	+0.191%	$676K	$406K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0052%	4h	4.7744	+0.008%	$917K	$1.8M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7755	+0.031%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7717	−0.049%	$32K	$856K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7733	−0.015%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0004%	1h	4.7742	+0.005%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0019%	4h	4.7640	−0.209%	$1.4M	$2.7M	20x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.628%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0034%	1h	4.7663	−0.161%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0037%	8h	4.7682	−0.121%	$7K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0068%	1h	4.7698	−0.088%	$451K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7724	−0.034%	$59.7M	$29.8M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7734	−0.012%	$12.8M	$2.2M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7712	−0.059%	$592K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7669	−0.149%	$76.1M	$81.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7659	−0.170%	$42.9M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7713	−0.057%	$118K	$450K	5x	as long as short
Bulk LIT-USDlong	+0.0100%	1h	4.7740	long leg	$119K	$1K	10x
Gate LIT_USDT	+0.0100%	4h	4.7710	−0.063%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7664	−0.159%	$5.7M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7740	0.000%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7636	−0.218%	$690K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7770	+0.062%	$291K	$309K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7737	−0.007%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7674	−0.138%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7705	−0.073%	$999	$457K	5x
HTX LIT-USDT	+0.0100%	4h	4.7698	−0.088%	$190K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7695	−0.094%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7683	−0.119%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7747	+0.014%	$796K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7755	+0.031%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0283%	1h	4.7782	+0.088%	$214.4M	$44.2M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7636	−0.218%	$1.6M	$2.1M	75x	as long as short
Aftermath Perps LITUSD	+0.0359%	1h	4.7716	−0.051%	$10K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0396% / S −0.0184%	1h	4.7717	−0.048%	$64K	—	50x	as long as short