Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.109%

Price spread now: edgeX against Bullet+0.258%67s7-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 edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 0.258% dearer against Bullet than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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	4.7679	−0.0232	get 0.0029% / 1h	29m 37s	$86K	$66K	20x
Short	edgeX LITUSDC	4.7803	0.0100	get 0.0050% / 4h	3h 29m	$293K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.258%Rate

Funding earned: $69.73
Price spread: +0.258% → 0.000%: $25.85
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $78.57
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Bullet: no order-book sample; edgeX: 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 edgeX live order book, 3 min ago	5.23 bp	10.8 bp −$11	doesn't fit	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
01 Exchange LITUSD	−0.0512%	1h	4.7632	−0.099%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0426%	4h	4.7979	+0.628%	$894K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0397%	4h	4.7632	−0.099%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.543%	$607K	$349K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0301%	1h	4.7702	+0.047%	$42K	$39K	10x	as long as short
Gate LIT_USDT	−0.0284%	4h	4.7760	+0.169%	$2.8M	$4.0M	50x	as long as short
Bullet LIT-USDlong	−0.0232%	1h	4.7679	long leg	$86K	$66K	20x
OKX LIT-USDT-SWAP	−0.0168%	4h	4.7744	+0.136%	$25.8M	$58.7M	50x	as long as short
ApeX Omni LITUSDT	−0.0166%	1h	4.7760	+0.169%	$57K	$75K	50x	as long as short
Backpack LIT_USDC_PERP	−0.0078%	1h	4.7759	+0.167%	$681K	$985K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0071%	4h	4.7746	+0.140%	$41.5M	$27.1M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7782	+0.215%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7759	+0.166%	$35K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7780	+0.211%	$205K	$288K	5x	as long as short
Nado LIT-PERP	+0.0022%	1h	4.7620	−0.124%	$2.1M	$1.6M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.757%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7724	+0.094%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7801	+0.255%	$59.5M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7819	+0.293%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7815	+0.285%	$215.8M	$38.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7758	+0.165%	$649K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7742	+0.132%	$76.7M	$73.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7764	+0.178%	$124K	$422K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7909	+0.481%	$121K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7736	+0.119%	$6.1M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7733	+0.113%	$5.4M	$888K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7780	+0.211%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7803	+0.258%	$293K	$304K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7646	−0.070%	$444K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	+0.085%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7685	+0.012%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7775	+0.201%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7836	+0.329%	$192K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7710	+0.064%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7718	+0.081%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7748	+0.144%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7775	+0.200%	$796K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0265%	4h	4.7795	+0.242%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7763	+0.177%	$32K	$629K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7686	+0.014%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7758	+0.166%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0474%	1h	4.7894	+0.451%	$10K	$199K	10x	as long as short