Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.017%

Price spread now: gTrade (Gains Network) against Paradex+0.143%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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. gTrade (Gains Network) is 0.143% dearer against Paradex than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.7109	0.0075	pay 0.0075% / 8h	3h 45m	$6K	$2K	5x
Short	gTrade (Gains Network) LIT/USD	4.7177	L +0.0003% / S −0.0002%	get 0.0000% / 1h	45m 07s	$11K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.143%Rate

Funding earned: −$15.31
Price spread: +0.143% → 0.000%: $14.27
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$15.04
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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
Orderly PERP_LIT_USDC	−0.0386%	4h	4.7098	−0.024%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.436%	$613K	$352K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0252%	1h	4.7154	+0.096%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0208%	1h	4.7123	+0.029%	$33K	$3K	5x	as long as short
Bullet LIT-USD	−0.0151%	1h	4.7137	+0.058%	$84K	$68K	20x	as long as short
ApeX Omni LITUSDT	−0.0093%	1h	4.7160	+0.107%	$56K	$76K	50x	as long as short
Nado LIT-PERP	−0.0055%	1h	4.7147	+0.080%	$2.2M	$1.7M	10x	as long as short
Phemex LITUSDT	−0.0036%	4h	4.7170	+0.128%	$1.3M	$2.8M	20x	as long as short
Phoenix LIT	−0.0017%	1h	4.7249	+0.296%	$203K	$299K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0014%	4h	4.7177	+0.143%	$25.4M	$61.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7169	+0.127%	$825K	$2.2M	5x	as long as short
KuCoin LITUSDTM	−0.0006%	4h	4.7155	+0.097%	$5.3M	$1.0M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0006%	4h	4.7202	+0.197%	$917K	$1.8M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7182	+0.153%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USDshort	L +0.0003% / S −0.0002%	1h	4.7177	+0.143%	$11K	—	150x
Bybit LITUSDT	+0.0015%	4h	4.7170	+0.128%	$41.4M	$29.1M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.975%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0065%	1h	4.7225	+0.244%	$9K	$206K	10x	as long as short
Paradex LIT-USD-PERPlong	+0.0075%	8h	4.7109	long leg	$6K	$2K	5x
Lighter LIT	+0.0096%	1h	4.7227	+0.249%	$58.9M	$28.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7236	+0.269%	$210.9M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7186	+0.162%	$577K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7157	+0.101%	$75.6M	$79.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7176	+0.141%	$118K	$448K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7190	+0.171%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7153	+0.092%	$5.6M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7180	+0.150%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7180	+0.150%	$661K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7199	+0.191%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7150	+0.086%	$441K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7178	+0.145%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7149	+0.084%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7165	+0.118%	$1K	$380K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7188	+0.167%	$199K	$360K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7192	+0.174%	$118K	$8K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7132	+0.047%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7142	+0.069%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7185	+0.161%	$31K	$758K	33x	as long as short
Aster LITUSDT	+0.0249%	4h	4.7224	+0.243%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7147	+0.080%	$1.6M	$1.9M	75x	as long as short
Lighter RH LIT	+0.0344%	1h	4.7247	+0.292%	$3.8M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7171	+0.130%	$65K	—	50x	as long as short