Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.052%

Price spread now: Bybit against Paradex−0.008%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.6964	0.0073	pay 0.0073% / 8h	4h 22m	$6K	$2K	5x
Short	Bybit LITUSDT	4.6960	−0.0086	pay 0.0043% / 4h	22m 26s	$41.3M	$28.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$33.46
Price spread: −0.008% → 0.000%: −$0.83
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$49.29
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 1 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	1.07 bp	19.4 bp −$19	67.4 bp −$674	414.5 bp −$41.5K	doesn't fit

Paradex: 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	−0.0593%	1h	4.6940	−0.050%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0416%	1h	4.7006	+0.090%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6885	−0.168%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0284%	1h	4.6943	−0.045%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.248%	$612K	$398K	50x	as long as short
Gate LIT_USDT	−0.0164%	4h	4.6990	+0.056%	$2.7M	$4.3M	50x	as long as short
Bybit LITUSDTshort	−0.0086%	4h	4.6960	−0.008%	$41.3M	$28.8M	75x
Phemex LITUSDT	−0.0060%	4h	4.6930	−0.072%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6980	+0.034%	$202K	$305K	5x	as long as short
Extended LIT-USD	−0.0032%	1h	4.6993	+0.062%	$5.1M	$5.0M	25x	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	4.7001	+0.078%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6978	+0.030%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0010%	4h	4.6993	+0.062%	$25.3M	$61.2M	50x	as long as short
KuCoin LITUSDTM	+0.0016%	4h	4.6978	+0.030%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.291%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0043%	1h	4.6987	+0.049%	$657K	$1.4M	5x	as long as short
Polymarket Perps LIT-USD	+0.0071%	1h	4.6995	+0.066%	$439K	$109K	10x	as long as short
Nado LIT-PERP	+0.0072%	1h	4.6970	+0.013%	$2.2M	$1.7M	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.7007	+0.091%	$790K	$2.1M	5x	as long as short
Paradex LIT-USD-PERPlong	+0.0073%	8h	4.6964	long leg	$6K	$2K	5x
Lighter LIT	+0.0096%	1h	4.7056	+0.196%	$58.6M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7065	+0.215%	$3.7M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7026	+0.132%	$210.3M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7006	+0.090%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6939	−0.052%	$75.1M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7020	+0.119%	$117K	$458K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6895	−0.147%	$117K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6982	+0.039%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6990	+0.056%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6936	−0.060%	$287K	$304K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6950	−0.030%	$903K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6950	−0.030%	$56K	$76K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6986	+0.047%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6933	−0.066%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6955	−0.019%	$1K	$385K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7014	+0.107%	$199K	$368K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6929	−0.074%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0219%	4h	4.7074	+0.234%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0258%	1h	4.6950	−0.030%	$9K	$207K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6997	+0.071%	$31K	$770K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6914	−0.106%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.6972	+0.016%	$65K	—	50x	as long as short