Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 19:10 UTC+0.0123%/8hpaid last 24h +0.029%

Price spread now: Perpl against edgeX+0.162%7-day average +0.070% · you sell dearer than you buy

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

Long on edgeX Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 3 days (all we have)+2.852%+$285 · spread now +0.162%, 7d avg +0.070%

Together, before fees+2.794%+ Points / potential airdropedgeX: Active · Perpl: Active · farm board+$279 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Perpl is 0.092% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.7913	0.0100	pay 0.0050% / 4h	6m 40s	$292K	$313K	10x
Short	Perpl LIT	4.7991	0.0223	get 0.0020% / 43m	27m 40s	$32K	$856K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now +0.162%Rate

Funding earned: $25.88
Price spread: +0.162% → +0.070%: $9.2
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: $12.28
Costs to cover: 0.228%
Break-even: 3.7 days

Slippage unknown: edgeX: live order book, 25 min ago; Perpl: 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, 25 min ago	5.44 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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	−0.0648%	1h	4.7919	+0.012%	$33K	$5K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0618%	1h	4.7980	+0.140%	$33K	$22K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0485%	4h	4.7897	−0.034%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0451%	4h	4.7930	+0.035%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0448%	1h	4.7960	+0.098%	$87K	$79K	20x	as long as short
Bybit LITUSDT	−0.0335%	4h	4.8014	+0.211%	$43.7M	$29.7M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0285%	4h	4.8007	+0.196%	$25.6M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0244%	4h	4.7968	+0.115%	$5.3M	$1.1M	30x	as long as short
ApeX Omni LITUSDT	−0.0200%	1h	4.7920	+0.014%	$59K	$79K	50x	as long as short
SoDEX LIT-USD	−0.0194%	1h	4.7982	+0.144%	$994	$478K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0154%	4h	4.8000	+0.181%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.7963	+0.104%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	+0.263%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7899	−0.028%	$898K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0010%	8h	4.7927	+0.030%	$5K	$1K	5x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.8010	+0.201%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8006	+0.193%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.320%	$419	$125K	5.5x	as long as short
Bulk LIT-USD	+0.0046%	1h	4.7925	+0.024%	$121K	$7K	10x	as long as short
RISEx LIT/USDC	+0.0061%	1h	4.8025	+0.234%	$834K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0092%	1h	4.7935	+0.046%	$2.1M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8050	+0.286%	$59.9M	$29.7M	5x	as long as short
Aftermath Perps LITUSD	+0.0097%	1h	4.7973	+0.124%	$11K	$199K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8029	+0.242%	$213.0M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8037	+0.259%	$599K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7978	+0.135%	$75.4M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7985	+0.150%	$118K	$452K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7968	+0.115%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8030	+0.244%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7997	+0.175%	$671K	$1.5M	5x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.7913	long leg	$292K	$313K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7992	+0.165%	$453K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8018	+0.220%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7883	−0.063%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7924	+0.023%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7996	+0.173%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7866	−0.097%	$150K	$44K	3x	as long as short
Aster LITUSDT	+0.0160%	4h	4.8057	+0.300%	$12.8M	$2.6M	50x	as long as short
Lighter RH LIT	+0.0184%	1h	4.8065	+0.317%	$3.8M	$13.9M	5x	as long as short
Perpl LITshort	+0.0223%	43m	4.7991	+0.162%	$32K	$856K	33x
BloFin LIT-USDT	+0.0340%	4h	4.7956	+0.090%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0429% / S −0.0232%	1h	4.8005	+0.192%	$60K	—	50x	as long as short