Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.037%

Price spread now: Hyperliquid against edgeX+0.078%7-day average +0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on edgeX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.283%+$28 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.078%, 7d avg +0.096%

Together, before fees+0.311%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.6793	0.0100	pay 0.0050% / 4h	1h 40m	$285K	$303K	10x
Short	Hyperliquid LIT	4.6829	0.0100	get 0.0013% / 1h	40m 49s	$209.2M	$41.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against edgeX. 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 edgeXbpFee HyperliquidbpOrdersPrice spread, now +0.078%Rate

Funding earned: $0
Price spread: +0.078% → +0.096%: −$1.85
Slippage, 4 orders: −$21.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$41.01
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from edgeX: live order book, 22 min ago; Hyperliquid: live order book, 3 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 edgeX live order book, 22 min ago	5.22 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 3 min ago	1.49 bp	10.8 bp −$11	doesn't fit	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
Orderly PERP_LIT_USDC	−0.0394%	4h	4.6702	−0.193%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0319%	1h	4.6764	−0.061%	$84K	$68K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0270%	1h	4.6744	−0.103%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.6742	−0.108%	$33K	$4K	5x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6800	+0.016%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6842	+0.106%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	+0.156%	$658K	$372K	50x	as long as short
KuCoin LITUSDTM	−0.0012%	4h	4.6781	−0.025%	$5.2M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0010%	4h	4.6774	−0.040%	$25.3M	$61.5M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6792	−0.002%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	+0.0010%	4h	4.6830	+0.080%	$909K	$1.7M	10x	as long as short
dYdX LIT-USD	+0.0014%	1h	4.6721	−0.153%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0023%	4h	4.6730	−0.134%	$1.4M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0029%	1h	4.6795	+0.005%	$682K	$1.4M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.666%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0057%	1h	4.6800	+0.016%	$56K	$77K	50x	as long as short
Paradex LIT-USD-PERP	+0.0066%	8h	4.6713	−0.170%	$7K	$2K	5x	as long as short
Bulk LIT-USD	+0.0089%	1h	4.6805	+0.028%	$117K	$2K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6778	−0.031%	$58.4M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6785	−0.016%	$780K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6749	−0.092%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LITshort	+0.0100%	1h	4.6829	+0.078%	$209.2M	$41.2M	5x
Pacifica LIT	+0.0100%	1h	4.6722	−0.151%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6770	−0.049%	$74.3M	$78.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6777	−0.033%	$41.4M	$28.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6776	−0.035%	$117K	$447K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6765	−0.059%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6820	+0.059%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.6793	long leg	$285K	$303K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.6784	−0.018%	$442K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6780	−0.027%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6753	−0.084%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6749	−0.093%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6860	+0.144%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6755	−0.079%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6758	−0.075%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0160%	1h	4.6828	+0.076%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0181%	4h	4.6847	+0.116%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0255%	1h	4.6805	+0.028%	$9K	$210K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6753	−0.084%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0410% / S −0.0207%	1h	4.6788	−0.009%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6785	−0.016%	$31K	$828K	33x	as long as short