Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Arcus against MEXC−0.015%7-day average +0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on MEXC Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.015%, 7d avg +0.052%

Together, before fees+0.056%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.066% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIT_USDT	4.7804	0.0100	pay 0.0050% / 4h	3h 33m	$6.2M	$3.9M	100x
Short	Arcus LIT-USD	4.7797	0.0100	get 0.0013% / 1h	33m 01s	$127K	$420K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against MEXC. 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 MEXCbpFee ArcusbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → +0.052%: −$6.64
Slippage, 4 orders: −$21.46
Fee MEXC: 2 bp × 2 orders: −$4
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$36.61
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Arcus: live order book, 66 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 MEXC live order book, 5 min ago	0.10 bp	12.2 bp −$12	57.1 bp −$571	274.3 bp −$27.4K	doesn't fit
Sell Arcus live order book, 66 min ago	1.56 bp	4.6 bp −$5	8.0 bp −$80	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
01 Exchange LITUSD	−0.0496%	1h	4.7749	−0.115%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0426%	4h	4.7979	+0.365%	$894K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7747	−0.119%	$33K	$313	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0323%	1h	4.7819	+0.031%	$42K	$39K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.280%	$607K	$349K	50x	as long as short
Bullet LIT-USD	−0.0229%	1h	4.7788	−0.033%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0167%	4h	4.7836	+0.067%	$25.8M	$58.8M	50x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.7960	+0.326%	$57K	$75K	50x	as long as short
Gate LIT_USDT	−0.0110%	4h	4.7850	+0.096%	$2.8M	$4.0M	50x	as long as short
Bybit LITUSDT	−0.0068%	4h	4.7810	+0.013%	$41.6M	$27.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7858	+0.113%	$34K	—	5x	as long as short
Backpack LIT_USDC_PERP	+0.0002%	1h	4.7828	+0.050%	$682K	$986K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7853	+0.103%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.8016	+0.443%	$206K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.494%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0048%	1h	4.7763	−0.087%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7805	+0.003%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7873	+0.144%	$59.6M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7888	+0.176%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7869	+0.136%	$216.2M	$38.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7820	+0.033%	$672K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7791	−0.027%	$76.8M	$73.2M	75x	as long as short
Arcus LIT-USDshort	+0.0100%	1h	4.7797	−0.015%	$127K	$420K	5x
Bulk LIT-USD	+0.0100%	1h	4.7909	+0.219%	$121K	$2K	10x	as long as short
MEXC LIT_USDTlong	+0.0100%	4h	4.7804	long leg	$6.2M	$3.9M	100x
KuCoin LITUSDTM	+0.0100%	4h	4.7833	+0.061%	$5.5M	$901K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7820	+0.033%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7979	+0.366%	$294K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7795	−0.019%	$445K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8031	+0.475%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7756	−0.100%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7821	+0.036%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8019	+0.450%	$193K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7820	+0.033%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7798	−0.013%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7696	−0.226%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7825	+0.045%	$804K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0279%	4h	4.7861	+0.118%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7977	+0.361%	$32K	$627K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7797	−0.015%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7816	+0.024%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0503%	1h	4.7997	+0.403%	$10K	$201K	10x	as long as short