Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%

Price spread now: edgeX against SoDEX+0.001%75s7-day average +0.034% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$640.639% of the position

Long on SoDEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 4 days (all we have)+0.240%+$24 · spread now +0.001%, 7d avg +0.034%

Together, before fees+0.216%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.033% cheaper against SoDEX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7238	0.0100	pay 0.0013% / 1h	48m 06s	$1K	$383K	5x
Short	edgeX LITUSDC	4.7238	0.0100	get 0.0050% / 4h	3h 48m	$289K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now +0.001%Rate

Funding earned: $0
Price spread: +0.001% → +0.034%: −$3.31
Slippage, 4 orders: −$46.93
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$67.24
Costs to cover: 0.639%
Break-even: never at this rate

Slippage from SoDEX: live order book, 5 min ago; edgeX: live order book, 5 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 SoDEX live order book, 5 min ago	0.11 bp	19.8 bp −$20	49.3 bp −$493	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	6.23 bp	12.9 bp −$13	doesn't fit	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
Orderly PERP_LIT_USDC	−0.0388%	4h	4.7198	−0.085%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.707%	$613K	$352K	50x	as long as short
Phemex LITUSDT	−0.0209%	4h	4.7220	−0.038%	$1.3M	$2.9M	20x	as long as short
01 Exchange LITUSD	−0.0200%	1h	4.7216	−0.047%	$33K	$3K	5x	as long as short
Bullet LIT-USD	−0.0174%	1h	4.7238	−0.001%	$84K	$68K	20x	as long as short
Nado LIT-PERP	−0.0165%	1h	4.7265	+0.057%	$2.2M	$1.7M	10x	as long as short
ApeX Omni LITUSDT	−0.0157%	1h	4.7340	+0.216%	$57K	$76K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0061%	1h	4.7252	+0.029%	$41K	$40K	10x	as long as short
Bybit LITUSDT	−0.0019%	4h	4.7234	−0.008%	$41.4M	$29.1M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0017%	4h	4.7247	+0.019%	$25.4M	$61.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0017%	1h	4.7264	+0.055%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7270	+0.068%	$812K	$2.2M	5x	as long as short
KuCoin LITUSDTM	−0.0006%	4h	4.7231	−0.015%	$5.3M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7272	+0.072%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7275	+0.079%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.698%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0049%	1h	4.7236	−0.004%	$9K	$206K	10x	as long as short
Paradex LIT-USD-PERP	+0.0074%	8h	4.7227	−0.023%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7299	+0.129%	$59.1M	$28.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7328	+0.191%	$211.3M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7263	+0.053%	$578K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7239	+0.002%	$75.8M	$79.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7256	+0.038%	$118K	$449K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7250	+0.025%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7240	+0.004%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7260	+0.047%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7272	+0.072%	$662K	$1.4M	5x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7238	+0.001%	$289K	$304K	10x
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7416	+0.376%	$918K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7256	+0.038%	$442K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7271	+0.069%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7250	+0.025%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.7238	long leg	$1K	$383K	5x
HTX LIT-USDT	+0.0100%	4h	4.7337	+0.210%	$200K	$360K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7192	−0.098%	$118K	$8K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7225	−0.029%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7246	+0.018%	$148K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7318	+0.169%	$31K	$757K	33x	as long as short
Aster LITUSDT	+0.0253%	4h	4.7318	+0.170%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7181	−0.121%	$1.5M	$1.9M	75x	as long as short
Lighter RH LIT	+0.0376%	1h	4.7324	+0.182%	$3.8M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7262	+0.052%	$65K	—	50x	as long as short