Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.050%

Price spread now: RISEx against Bybit+0.173%125s7-day average +0.017% · 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—prices read too far apart to compare

costs, in and out, $10k−$480.475% of the position

Long on Bybit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.196%+$20 on $10k

Price spread, last 7 days−0.167%−$17 · spread now +0.173%, 7d avg +0.017%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.156% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 125 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	Bybit LITUSDT	4.7890	0.0058	pay 0.0029% / 4h	1h 11m	$41.5M	$28.1M	75x
Short	RISEx LIT/USDC	4.7973	0.0148	get 0.0018% / 1h	11m 41s	$826K	$2.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Bybit. 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 BybitbpFee RISExbpOrdersPrice spread, now +0.173%Rate

Funding earned: $18.9
Price spread: +0.173% → +0.017%: $15.6
Slippage, 4 orders: −$30.54
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$13.04
Costs to cover: 0.475%
Break-even: 11.8 days

Slippage from Bybit: live order book, 2 min ago; RISEx: live order book, 2 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 Bybit live order book, 2 min ago	1.04 bp	17.5 bp −$17	69.0 bp −$690	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	2.19 bp	5.2 bp −$5	16.3 bp −$163	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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7780	−0.230%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0369%	4h	4.7882	−0.017%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7829	−0.127%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0193%	1h	4.7906	+0.033%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0130%	4h	4.7884	−0.013%	$25.7M	$60.8M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0119%	1h	4.7925	+0.072%	$42K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0062%	4h	4.7906	+0.033%	$887K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7920	+0.064%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7956	+0.138%	$11K	—	150x	as long as short
Backpack LIT_USDC_PERP	+0.0028%	1h	4.7916	+0.054%	$676K	$993K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.8020	+0.271%	$206K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.313%	$422	$178K	5.5x	as long as short
Bybit LITUSDTlong	+0.0058%	4h	4.7890	long leg	$41.5M	$28.1M	75x
Phemex LITUSDT	+0.0061%	4h	4.7920	+0.063%	$1.4M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7872	−0.038%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7976	+0.180%	$59.7M	$27.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7934	+0.093%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7942	+0.108%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7867	−0.047%	$76.6M	$75.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7912	+0.046%	$124K	$445K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7930	+0.084%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7896	+0.013%	$5.8M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7976	+0.180%	$5.5M	$1.0M	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7920	+0.063%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7930	+0.083%	$293K	$302K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7950	+0.125%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7937	+0.098%	$450K	$83K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7921	+0.065%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7920	+0.063%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8003	+0.236%	$200K	$313K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7895	+0.010%	$119K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7878	−0.025%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7920	+0.063%	$150K	—	3x	as long as short
RISEx LIT/USDCshort	+0.0148%	1h	4.7973	+0.173%	$826K	$2.3M	5x
Aster LITUSDT	+0.0203%	4h	4.7959	+0.145%	$12.8M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0267%	1h	4.7993	+0.215%	$216.5M	$39.5M	5x	as long as short
Aftermath Perps LITUSD	+0.0326%	1h	4.7974	+0.175%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7908	+0.038%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0352%	1h	4.7998	+0.226%	$3.7M	$13.3M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7925	+0.073%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7975	+0.177%	$32K	$667K	33x	as long as short