Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.001%

Price spread now: SunX against Bulk+0.396%7-day average −0.074% · you sell dearer than you buy

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

Long on Bulk Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.030%+$3 on $10k

Price spread, last 3 days (all we have)−0.594%−$59 · spread now +0.396%, 7d avg −0.074%

Together, before fees−0.564%−$56 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.470% dearer against Bulk than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of −0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.6872	0.0039	pay 0.0005% / 1h	1m 17s	$117K	$1K	10x
Short	SunX LIT-USDT	4.7058	0.0100	get 0.0050% / 4h	2h 01m	$4K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.396%Rate

Funding earned: $12.88
Price spread: +0.396% → −0.074%: $46.99
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: $44.87
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Bulk: live order book, 2 min ago; SunX: live order book, 2 min ago. 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 Bulk live order book, 2 min ago	0.11 bp	7.2 bp −$7	14.4 bp −$144	40.1 bp −$4,009	doesn't fit
Sell SunX live order book, 2 min ago	500.04 bp	doesn't fit	doesn't fit	doesn't fit	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
01 Exchange LITUSD	−0.0488%	1h	4.6971	+0.211%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0421%	4h	4.7011	+0.296%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0301%	1h	4.7072	+0.426%	$85K	$67K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0102%	4h	4.6953	+0.172%	$898K	$1.7M	10x	as long as short
Phoenix LIT	−0.0102%	1h	4.6990	+0.251%	$203K	$352K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7385	+1.093%	$670K	$370K	50x	as long as short
ApeX Omni LITUSDT	−0.0069%	1h	4.6920	+0.102%	$56K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0068%	4h	4.7039	+0.356%	$5.2M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0059%	4h	4.7097	+0.480%	$25.5M	$61.7M	50x	as long as short
Phemex LITUSDT	−0.0055%	4h	4.7060	+0.401%	$1.4M	$2.7M	20x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0012%	4h	4.7070	+0.422%	$2.8M	$4.3M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6979	+0.229%	$34K	—	5x	as long as short
Deribit LIT_USDC-PERPETUAL	0.0000%	1h	4.7074	+0.430%	$41K	$40K	10x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7089	+0.463%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.491%	$422	$178K	5.5x	as long as short
Bulk LIT-USDlong	+0.0039%	1h	4.6872	long leg	$117K	$1K	10x
Paradex LIT-USD-PERP	+0.0051%	8h	4.6985	+0.241%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7000	+0.273%	$810K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7132	+0.554%	$59.0M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7025	+0.326%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7119	+0.527%	$210.7M	$41.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7006	+0.285%	$583K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7064	+0.409%	$74.9M	$78.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7085	+0.454%	$41.8M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6982	+0.234%	$117K	$444K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7060	+0.401%	$5.4M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7100	+0.486%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7040	+0.358%	$682K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6943	+0.151%	$286K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7072	+0.426%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7090	+0.464%	$2K	—	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.7058	+0.396%	$4K	$1.1M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7090	+0.465%	$1K	$415K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7050	+0.379%	$190K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7054	+0.387%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7056	+0.392%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0133%	4h	4.7124	+0.536%	$12.6M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0224%	1h	4.7169	+0.633%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0296%	1h	4.7033	+0.343%	$9K	$209K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0407% / S −0.0202%	1h	4.7083	+0.449%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7091	+0.466%	$31K	$833K	33x	as long as short