Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.015%

Price spread now: Binance against RISEx−0.066%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.124%−$12 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.066%, 7d avg −0.035%

Together, before fees−0.092%−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.031% cheaper against RISEx than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.035%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.124%, 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	RISEx LIT/USDC	4.7627	−0.0082	get 0.0010% / 1h	6m 29s	$813K	$2.1M	5x
Short	Binance LITUSDT	4.7596	0.0056	get 0.0028% / 4h	1h 06m	$75.7M	$81.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now −0.066%Rate

Funding earned: $28.85
Price spread: −0.066% → −0.035%: −$3.1
Slippage, 4 orders: −$16.27
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$6.52
Costs to cover: 0.323%
Break-even: 8.6 days

Slippage from RISEx: live order book, 2 min ago; Binance: live order book, 6 min ago.

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 RISEx live order book, 2 min ago	1.48 bp	4.5 bp −$4	16.8 bp −$168	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.10 bp	12.4 bp −$12	33.9 bp −$339	doesn't fit	doesn't fit

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	4.7590	−0.078%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0719%	1h	4.7515	−0.237%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0633%	1h	4.7577	−0.106%	$667K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0631%	4h	4.7458	−0.356%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7556	−0.150%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0501%	4h	4.7510	−0.246%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0470%	4h	4.7649	+0.045%	$25.7M	$63.6M	50x	as long as short
Bullet LIT-USD	−0.0335%	1h	4.7488	−0.293%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSD	−0.0270%	1h	4.7346	−0.592%	$11K	$202K	10x	as long as short
KuCoin LITUSDTM	−0.0242%	4h	4.7569	−0.123%	$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	4.7630	+0.006%	$43.0M	$30.2M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7507	−0.253%	$672K	$401K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7430	−0.414%	$903K	$1.8M	10x	as long as short
RISEx LIT/USDClong	−0.0082%	1h	4.7627	long leg	$813K	$2.1M	5x
Phoenix LIT	−0.0034%	1h	4.7409	−0.459%	$205K	$327K	5x	as long as short
Nado LIT-PERP	−0.0013%	1h	4.7630	+0.006%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7584	−0.091%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7622	−0.011%	$32K	$840K	33x	as long as short
Paradex LIT-USD-PERP	+0.0001%	8h	4.7555	−0.151%	$7K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7540	−0.183%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.866%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7556	−0.150%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDTshort	+0.0056%	4h	4.7596	−0.066%	$75.7M	$81.0M	75x
edgeX LITUSDC	+0.0062%	4h	4.7408	−0.461%	$288K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7478	−0.314%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7617	−0.022%	$60.0M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7700	+0.152%	$213.1M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7619	−0.017%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7586	−0.086%	$616K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7574	−0.112%	$118K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.486%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7650	+0.047%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7470	−0.330%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7629	+0.003%	$450K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7557	−0.148%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7463	−0.345%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7520	−0.225%	$998	$465K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7518	−0.230%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7555	−0.151%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7620	−0.015%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0217%	4h	4.7480	−0.309%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7546	−0.171%	$62K	—	50x	as long as short