Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0383%/8h= +42.0% APRpaid last 24h +0.102%

Price spread now: Bitget against Bullet+0.065%47s7-day average — · you sell dearer than you buy

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

Long on Bullet Short on Bitget

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 +$11 a day on $10k at the current rate, and Bitget is 0.065% dearer against Bullet than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet LIT-USD	4.6850	−0.0283	get 0.0035% / 1h	35m 39s	$84K	$68K	20x
Short	Bitget LITUSDT	4.6880	0.0100	get 0.0050% / 4h	1h 35m	$6.7M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bullet. 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 BulletbpFee BitgetbpOrdersPrice spread, now +0.065%Rate

Funding earned: $80.49
Price spread: +0.065% → 0.000%: $6.47
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $66.96
Costs to cover: 0.200%
Break-even: 1.2 days

Slippage unknown: Bullet: no order-book sample; Bitget: live order book, 3 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 Bullet no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	1.07 bp	28.8 bp −$29	91.0 bp −$910	doesn't fit	doesn't fit

Bullet: 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 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
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6815	−0.074%	$32K	$1K	10x	as long as short
Bullet LIT-USDlong	−0.0283%	1h	4.6850	long leg	$84K	$68K	20x
01 Exchange LITUSD	−0.0280%	1h	4.6811	−0.083%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0142%	1h	4.6864	+0.030%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0128%	4h	4.6900	+0.107%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6842	−0.016%	$201K	$341K	5x	as long as short
ApeX Omni LITUSDT	−0.0027%	1h	4.6710	−0.298%	$56K	$76K	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	+0.033%	$658K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0004%	4h	4.6867	+0.037%	$25.3M	$61.6M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6887	+0.080%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	+0.0006%	4h	4.6851	+0.003%	$5.2M	$1.1M	30x	as long as short
dYdX LIT-USD	+0.0010%	1h	4.6881	+0.067%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0019%	4h	4.6850	+0.001%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	+0.0020%	4h	4.6750	−0.213%	$907K	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.541%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0069%	8h	4.6845	−0.010%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0078%	1h	4.6925	+0.161%	$685K	$1.4M	5x	as long as short
Bulk LIT-USD	+0.0089%	1h	4.6805	−0.094%	$117K	$2K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6898	+0.103%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6879	+0.064%	$781K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6840	−0.021%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6910	+0.129%	$209.5M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6857	+0.016%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6836	−0.029%	$74.5M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6852	+0.005%	$41.5M	$28.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6871	+0.045%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6857	+0.016%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDTshort	+0.0100%	4h	4.6880	+0.065%	$6.7M	$2.6M	20x
edgeX LITUSDC	+0.0100%	4h	4.6742	−0.231%	$285K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6857	+0.016%	$443K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6892	+0.090%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6792	−0.123%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6875	+0.054%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6935	+0.182%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6867	+0.037%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6847	−0.005%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.6914	+0.137%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0188%	4h	4.6947	+0.207%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0249%	1h	4.6808	−0.090%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6801	−0.104%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0411% / S −0.0208%	1h	4.6890	+0.085%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6882	+0.069%	$31K	$827K	33x	as long as short