Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.017%

Price spread now: dYdX against Paradex+0.057%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on dYdX

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 pays, funding is against you. dYdX is 0.057% dearer against Paradex than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.7654	0.0093	pay 0.0093% / 8h	1h 45m	$7K	$2K	5x
Short	dYdX LIT-USD	4.7680	0	get 0.0000% / 1h	45m 50s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$19.5
Price spread: +0.057% → 0.000%: $5.66
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$27.84
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; dYdX: 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 Paradex no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Paradex and dYdX: 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	−0.0568%	1h	4.7649	−0.009%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.226%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0385%	4h	4.7591	−0.131%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0232%	1h	4.7632	−0.045%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0216%	1h	4.7653	−0.001%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0175%	4h	4.7661	+0.016%	$25.5M	$61.4M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0092%	1h	4.7664	+0.022%	$672K	$1.1M	5x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7650	−0.008%	$882K	$2.0M	10x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7680	+0.057%	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7695	+0.088%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7792	+0.291%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.811%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0063%	1h	4.7740	+0.181%	$57K	$73K	50x	as long as short
KuCoin LITUSDTM	+0.0078%	4h	4.7711	+0.121%	$5.4M	$992K	30x	as long as short
Phemex LITUSDT	+0.0091%	4h	4.7640	−0.028%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERPlong	+0.0093%	8h	4.7654	long leg	$7K	$2K	5x
Bybit LITUSDT	+0.0093%	4h	4.7640	−0.028%	$41.3M	$28.6M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7715	+0.129%	$59.3M	$27.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7655	+0.003%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7702	+0.101%	$619K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7628	−0.053%	$76.3M	$76.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7678	+0.051%	$124K	$457K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7710	+0.119%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7700	+0.098%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7642	−0.024%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7670	+0.035%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7723	+0.146%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7658	+0.009%	$447K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7676	+0.047%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7657	+0.007%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7670	+0.035%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7801	+0.309%	$198K	$323K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7631	−0.048%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7647	−0.013%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7701	+0.100%	$32K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7688	+0.073%	$795K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7789	+0.285%	$9K	$214K	10x	as long as short
Aster LITUSDT	+0.0221%	4h	4.7733	+0.167%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0289%	1h	4.7737	+0.175%	$215.3M	$40.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7647	−0.014%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7735	+0.171%	$3.6M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7680	+0.057%	$64K	—	50x	as long as short