Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h +0.012%

Price spread now: Extended against Paradex+0.106%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 Extended

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 · Extended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.106% dearer against Paradex than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.6894	0.0074	pay 0.0074% / 8h	4h 19m	$6K	$2K	5x
Short	Extended LIT-USD	4.6944	−0.0016	pay 0.0002% / 1h	19m 06s	$5.1M	$5.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$18.86
Price spread: +0.106% → 0.000%: $10.64
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.22
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago	0.11 bp	4.7 bp −$5	22.4 bp −$224	doesn't fit	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
01 Exchange LITUSD	−0.0408%	1h	4.6913	+0.040%	$33K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0399%	1h	4.6970	+0.163%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.6911	+0.036%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0296%	1h	4.6961	+0.142%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6904	+0.021%	$613K	$398K	50x	as long as short
Gate LIT_USDT	−0.0146%	4h	4.6970	+0.162%	$2.7M	$4.3M	50x	as long as short
Bybit LITUSDT	−0.0090%	4h	4.6960	+0.140%	$41.3M	$28.8M	75x	as long as short
Phemex LITUSDT	−0.0046%	4h	4.6940	+0.098%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.7025	+0.279%	$202K	$305K	5x	as long as short
Extended LIT-USDshort	−0.0016%	1h	4.6944	+0.106%	$5.1M	$5.0M	25x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.6972	+0.165%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6993	+0.211%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0009%	4h	4.6985	+0.194%	$25.2M	$61.1M	50x	as long as short
KuCoin LITUSDTM	+0.0022%	4h	4.6971	+0.164%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.443%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0065%	1h	4.6941	+0.100%	$439K	$109K	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6955	+0.130%	$789K	$2.1M	5x	as long as short
Paradex LIT-USD-PERPlong	+0.0074%	8h	4.6894	long leg	$6K	$2K	5x
Nado LIT-PERP	+0.0079%	1h	4.6935	+0.087%	$2.2M	$1.7M	10x	as long as short
ApeX Omni LITUSDT	+0.0083%	1h	4.6910	+0.034%	$56K	$76K	50x	as long as short
Backpack LIT_USDC_PERP	+0.0088%	1h	4.6998	+0.221%	$657K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7025	+0.279%	$58.6M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7043	+0.317%	$3.7M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7043	+0.317%	$210.4M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6952	+0.123%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6953	+0.125%	$75.1M	$79.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6947	+0.113%	$117K	$457K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6895	+0.002%	$117K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6950	+0.119%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6980	+0.183%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6919	+0.052%	$287K	$304K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6947	+0.112%	$906K	$1.7M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7000	+0.226%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6959	+0.138%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6985	+0.194%	$1K	$380K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6977	+0.177%	$199K	$361K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6937	+0.090%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0225%	4h	4.6988	+0.200%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0272%	1h	4.6976	+0.174%	$10K	$204K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6993	+0.212%	$31K	$760K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6955	+0.130%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.6996	+0.218%	$65K	—	50x	as long as short