Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h −0.020%

Price spread now: Injective against edgeX+0.957%7-day average −10.603% · you sell dearer than you buy

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

Long on edgeX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−16.355%−$1,636 · spread now +0.957%, 7d avg −10.603%

Together, before fees−16.404%+ Points / potential airdropedgeX: Active · farm board−$1,640 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 11.560% dearer against edgeX than usual: you sell high and buy low (spread +0.957% now, against its 7-day average of −10.603%): +$1,156 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.7585	0.0046	pay 0.0023% / 4h	2h 10m	$289K	$312K	10x
Short	Injective LIT/USDC PERP	4.8040	0.0033	get 0.0004% / 1h	10m 33s	$422	$178K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +0.957%Rate

Funding earned: −$2.65
Price spread: +0.957% → −10.603%: $1,155.96
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,144.28
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 12 min ago; Injective: no order-book sample. 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 edgeX live order book, 12 min ago	5.16 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Deribit LIT_USDC-PERPETUAL	−0.1375%	1h	4.7314	−0.568%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0616%	4h	4.7287	−0.626%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0606%	4h	4.7290	−0.620%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0593%	4h	4.7320	−0.556%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7138	−0.939%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0357%	1h	4.7365	−0.461%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0352%	4h	4.7213	−0.781%	$25.0M	$61.9M	50x	as long as short
KuCoin LITUSDTM	−0.0300%	4h	4.7303	−0.592%	$5.2M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0295%	4h	4.7240	−0.725%	$42.7M	$30.7M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7505	−0.168%	$902K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0237%	1h	4.7331	−0.533%	$665K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.287%	$660K	$404K	50x	as long as short
Aftermath Perps LITUSD	−0.0115%	1h	4.7519	−0.139%	$12K	$200K	10x	as long as short
SoDEX LIT-USD	−0.0064%	1h	4.7320	−0.556%	$1K	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7633	+0.101%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7179	−0.854%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7268	−0.667%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7414	−0.360%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7261	−0.680%	$813K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0017%	1h	4.7382	−0.426%	$447K	$105K	10x	as long as short
Nado LIT-PERP	+0.0019%	1h	4.7210	−0.788%	$2.1M	$1.7M	10x	as long as short
Injective LIT/USDC PERPshort	+0.0033%	1h	4.8040	+0.957%	$422	$178K	5.5x
Binance LITUSDT	+0.0037%	4h	4.7192	−0.825%	$74.7M	$81.5M	75x	as long as short
MEXC LIT_USDT	+0.0040%	4h	4.7213	−0.781%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDClong	+0.0046%	4h	4.7585	long leg	$289K	$312K	10x
Aevo LIT-PERP	+0.0056%	1h	4.7307	−0.583%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7304	−0.590%	$59.3M	$30.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7316	−0.565%	$210.8M	$45.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7298	−0.603%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7278	−0.645%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7233	−0.739%	$116K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7374	−0.443%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7260	−0.683%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7600	+0.032%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7491	−0.197%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7394	−0.401%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7572	−0.027%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7214	−0.780%	$5.2M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7401	−0.386%	$31K	$842K	33x	as long as short
BloFin LIT-USDT	+0.0163%	4h	4.7287	−0.626%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0358% / S −0.0155%	1h	4.7405	−0.377%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0416%	1h	4.7336	−0.523%	$3.7M	$14.3M	5x	as long as short