Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Bulk against MEXC+0.762%7-day average +0.046% · 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+$53as in the Price arb table

costs, in and out, $10k−$190.189% of the position

Long on MEXC Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.836%−$84 · spread now +0.762%, 7d avg +0.046%

Together, before fees−0.825%−$83 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: Bulk is 0.716% dearer against MEXC than usual: you sell high and buy low, +$72 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIT_USDT	4.7821	0.0100	pay 0.0050% / 4h	1h 56m	$5.9M	$3.9M	100x
Short	Bulk LIT-USD	4.8185	0.0100	get 0.0013% / 1h	56m 26s	$120K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now +0.762%Rate

Funding earned: $0
Price spread: +0.762% → +0.046%: $71.63
Slippage, 4 orders: −$7.91
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: $52.72
Costs to cover: 0.189%
Break-even: from the start

Slippage from MEXC: live order book, 1 min ago; Bulk: live order book, 52 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, 1 min ago	0.10 bp	4.1 bp −$4	53.4 bp −$534	290.4 bp −$29.0K	doesn't fit
Sell Bulk live order book, 52 min ago	0.95 bp	4.7 bp −$5	12.6 bp −$126	36.0 bp −$3,603	81.0 bp −$40.5K

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	−0.0584%	1h	4.7922	+0.211%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.8177	+0.745%	$610K	$370K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0375%	4h	4.7877	+0.117%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.7762	−0.123%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.7914	+0.194%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0172%	4h	4.7763	−0.121%	$25.7M	$62.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0060%	4h	4.8130	+0.646%	$892K	$1.9M	10x	as long as short
Polymarket Perps LIT-USD	−0.0020%	1h	4.7760	−0.128%	$448K	$83K	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.8232	+0.859%	$207K	$266K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7901	+0.167%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7971	+0.313%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.458%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0076%	4h	4.7899	+0.163%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7860	+0.081%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7942	+0.253%	$59.6M	$27.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7779	−0.087%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7883	+0.130%	$614K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7768	−0.110%	$76.6M	$77.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7743	−0.163%	$41.4M	$28.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7887	+0.138%	$124K	$465K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7910	+0.186%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDTlong	+0.0100%	4h	4.7821	long leg	$5.9M	$3.9M	100x
Bitget LITUSDT	+0.0100%	4h	4.7800	−0.044%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7926	+0.220%	$676K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8093	+0.568%	$294K	$302K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8160	+0.709%	$57K	$75K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7948	+0.265%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7897	+0.159%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7920	+0.207%	$1K	$340K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8123	+0.632%	$200K	$343K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7940	+0.249%	$1.4M	$2.8M	20x	as long as short
Bulk LIT-USDshort	+0.0100%	1h	4.8185	+0.762%	$120K	$7K	10x
Extended LIT-USD	+0.0104%	1h	4.7843	+0.046%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7931	+0.229%	$150K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7889	+0.142%	$32K	$690K	33x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7959	+0.289%	$3.6M	$13.0M	5x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7867	+0.097%	$798K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0165%	1h	4.8188	+0.768%	$9K	$220K	10x	as long as short
Hyperliquid LIT	+0.0184%	1h	4.7855	+0.071%	$215.9M	$41.8M	5x	as long as short
Aster LITUSDT	+0.0229%	4h	4.7846	+0.053%	$12.8M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7905	+0.176%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7955	+0.280%	$64K	—	50x	as long as short