Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:46 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.047%

Price spread now: SoDEX against Perpl+0.050%7-day average −0.068% · you sell dearer than you buy

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

Long on Perpl Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.111%−$11 on $10k

Price spread, last 3 days (all we have)−0.242%−$24 · spread now +0.050%, 7d avg −0.068%

Together, before fees−0.353%+ Points / potential airdropPerpl: Active · farm board−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.119% dearer against Perpl than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.068%. Mind the row above: over the last 3 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl LIT	4.7622	0	get 0.0000% / 43m	19m 19s	$32K	$840K	33x
Short	SoDEX LIT-USD	4.7646	0.0100	get 0.0013% / 1h	6m 19s	$1K	$465K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Perpl. 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 PerplbpFee SoDEXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $21
Price spread: +0.050% → −0.068%: $11.85
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $11.05
Costs to cover: 0.218%
Break-even: 3.3 days

Slippage unknown: Perpl: no order-book sample; SoDEX: live order book, 12 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 Perpl no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 12 min ago	0.96 bp	20.3 bp −$20	52.1 bp −$521	doesn't fit	doesn't fit

Perpl: 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
Gate LIT_USDT	−0.1158%	4h	4.7660	+0.080%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0759%	1h	4.7629	+0.015%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0633%	1h	4.7577	−0.094%	$667K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0630%	4h	4.7574	−0.101%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7556	−0.139%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0501%	4h	4.7510	−0.235%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0467%	4h	4.7635	+0.027%	$25.7M	$63.6M	50x	as long as short
Bullet LIT-USD	−0.0338%	1h	4.7603	−0.040%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSD	−0.0278%	1h	4.7389	−0.489%	$11K	$202K	10x	as long as short
KuCoin LITUSDTM	−0.0242%	4h	4.7628	+0.013%	$5.3M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0241%	4h	4.7623	+0.002%	$43.0M	$30.2M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7557	−0.135%	$673K	$401K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7430	−0.403%	$903K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7627	+0.011%	$813K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7409	−0.447%	$205K	$327K	5x	as long as short
Nado LIT-PERP	−0.0013%	1h	4.7630	+0.017%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7584	−0.080%	$34K	—	5x	as long as short
Perpl LITlong	0.0000%	43m	4.7622	long leg	$32K	$840K	33x
Paradex LIT-USD-PERP	+0.0001%	8h	4.7555	−0.140%	$7K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7684	+0.130%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.878%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7601	−0.044%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0056%	4h	4.7622	0.000%	$75.7M	$81.0M	75x	as long as short
edgeX LITUSDC	+0.0062%	4h	4.7408	−0.449%	$288K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7603	−0.039%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7617	−0.010%	$60.0M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7700	+0.164%	$213.1M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7684	+0.131%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7586	−0.075%	$616K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7574	−0.101%	$118K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.475%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7650	+0.059%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7470	−0.319%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7629	+0.015%	$450K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7676	+0.113%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7658	+0.076%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7646	+0.050%	$1K	$465K	5x
HTX LIT-USDT	+0.0100%	4h	4.7518	−0.218%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7625	+0.006%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7620	−0.004%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0217%	4h	4.7480	−0.298%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7674	+0.109%	$63K	—	50x	as long as short