Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0454%/8h= −49.7% APRpaid last 24h −0.071%

Price spread now: OKX against RISEx−0.091%7-day average −0.014% · 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−$38as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.266%−$27 on $10k

Price spread, last 7 days+0.070%+$7 · spread now −0.091%, 7d avg −0.014%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.077% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7668	0.0012	pay 0.0001% / 1h	40m 43s	$820K	$2.1M	5x
Short	OKX LIT-USDT-SWAP	4.7624	−0.0442	pay 0.0221% / 4h	40m 43s	$25.9M	$64.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$95.39
Price spread: −0.091% → −0.014%: −$7.74
Slippage, 4 orders: −$14.19
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$133.32
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	1.78 bp	4.9 bp −$5	21.6 bp −$216	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.10 bp	9.7 bp −$10	27.3 bp −$273	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	−0.0900%	4h	4.7670	+0.005%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0607%	4h	4.7663	−0.009%	$33K	$2K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0588%	1h	4.7712	+0.093%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0552%	1h	4.7611	−0.119%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAPshort	−0.0442%	4h	4.7624	−0.091%	$25.9M	$64.0M	50x
Phemex LITUSDT	−0.0424%	4h	4.7670	+0.005%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0304%	1h	4.7707	+0.083%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0226%	4h	4.7665	−0.005%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0122%	4h	4.7590	−0.163%	$905K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	−0.124%	$673K	$402K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0116%	4h	4.7651	−0.035%	$42.9M	$30.0M	75x	as long as short
Phoenix LIT	−0.0050%	1h	4.7618	−0.104%	$207K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7684	+0.035%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7709	+0.086%	$32K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7752	+0.177%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0012%	8h	4.7605	−0.130%	$7K	$2K	5x	as long as short
RISEx LIT/USDClong	+0.0012%	1h	4.7668	long leg	$820K	$2.1M	5x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.781%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0072%	4h	4.7820	+0.319%	$291K	$312K	10x	as long as short
MEXC LIT_USDT	+0.0076%	4h	4.7628	−0.083%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0076%	4h	4.7621	−0.097%	$75.8M	$81.5M	75x	as long as short
Aftermath Perps LITUSD	+0.0078%	1h	4.7739	+0.150%	$13K	$203K	10x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.7676	+0.017%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7724	+0.119%	$60.0M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7652	−0.031%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7727	+0.125%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7665	−0.005%	$603K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7648	−0.041%	$121K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7635	−0.068%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7640	−0.058%	$6.8M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7710	+0.089%	$677K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7820	+0.320%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7707	+0.083%	$451K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7745	+0.163%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7691	+0.049%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7698	+0.064%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7644	−0.049%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7617	−0.107%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0144%	1h	4.7744	+0.160%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0263%	1h	4.7751	+0.175%	$214.2M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0304%	4h	4.7645	−0.047%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7750	+0.174%	$63K	—	50x	as long as short