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: Perpl against SoDEX−0.100%7-day average +0.068% · you buy dearer than you sell

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

Long on SoDEX Short on Perpl

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)+0.292%+$29 · spread now −0.100%, 7d avg +0.068%

Together, before fees+0.403%+ Points / potential airdropPerpl: Active · farm board+$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Perpl is 0.169% cheaper against SoDEX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.068%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.111%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7520	0.0100	pay 0.0013% / 1h	7m 07s	$998	$465K	5x
Short	Perpl LIT	4.7472	0	get 0.0000% / 43m	20m 07s	$31K	$840K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now −0.100%Rate

Funding earned: −$21
Price spread: −0.100% → +0.068%: −$16.85
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$59.65
Costs to cover: 0.218%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 11 min ago; Perpl: 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 SoDEX live order book, 11 min ago	0.96 bp	20.9 bp −$21	48.8 bp −$488	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

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	−0.1166%	4h	4.7560	+0.084%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0719%	1h	4.7515	−0.012%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0633%	1h	4.7577	+0.120%	$667K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0631%	4h	4.7458	−0.130%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7396	−0.261%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0501%	4h	4.7510	−0.021%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0470%	4h	4.7540	+0.042%	$25.7M	$63.5M	50x	as long as short
Bullet LIT-USD	−0.0335%	1h	4.7488	−0.068%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSD	−0.0270%	1h	4.7346	−0.367%	$11K	$202K	10x	as long as short
KuCoin LITUSDTM	−0.0242%	4h	4.7521	+0.002%	$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	4.7531	+0.023%	$42.9M	$30.1M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7507	−0.028%	$672K	$401K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7430	−0.189%	$903K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7491	−0.061%	$811K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7409	−0.234%	$205K	$327K	5x	as long as short
Nado LIT-PERP	−0.0008%	1h	4.7440	−0.168%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	0.0000%	8h	4.7419	−0.214%	$7K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7503	−0.035%	$34K	—	5x	as long as short
Perpl LITshort	0.0000%	43m	4.7472	−0.100%	$31K	$840K	33x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7540	+0.043%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.094%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0054%	4h	4.7531	+0.023%	$75.5M	$81.0M	75x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7512	−0.017%	$5.7M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0062%	4h	4.7408	−0.236%	$288K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7478	−0.089%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7601	+0.170%	$59.9M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7618	+0.206%	$212.7M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7600	+0.168%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7483	−0.077%	$615K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7456	−0.135%	$118K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.261%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7570	+0.105%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7470	−0.105%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7504	−0.034%	$449K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7557	+0.078%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7463	−0.120%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.7520	long leg	$998	$465K	5x
HTX LIT-USDT	+0.0100%	4h	4.7518	−0.004%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7490	−0.063%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7617	+0.204%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0217%	4h	4.7480	−0.084%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7546	+0.054%	$62K	—	50x	as long as short