Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Bulk against SunX+0.010%7-day average +0.059% · you sell dearer than you buy

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

Long on SunX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.028%−$3 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.010%, 7d avg +0.059%

Together, before fees−0.030%−$3 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: Bulk is 0.049% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7185	0.0100	pay 0.0050% / 4h	3h 58m	$4K	$1.2M	20x
Short	Bulk LIT-USD	4.7190	0.0100	get 0.0013% / 1h	58m 14s	$118K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against SunX. 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 SunXbpFee BulkbpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → +0.059%: −$4.91
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$19.91
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Bulk: live order book, 16 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 SunX live order book, 5 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bulk live order book, 16 min ago	1.70 bp	9.4 bp −$9	19.6 bp −$196	53.7 bp −$5,370	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
Bybit LITUSDT	−0.1272%	4h	4.7210	+0.053%	$42.6M	$30.3M	75x	as long as short
01 Exchange LITUSD	−0.0776%	1h	4.7147	−0.081%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0774%	1h	4.7218	+0.070%	$41K	$40K	10x	as long as short
Phemex LITUSDT	−0.0739%	4h	4.7220	+0.074%	$1.4M	$2.7M	20x	as long as short
Gate LIT_USDT	−0.0550%	4h	4.7230	+0.095%	$2.8M	$4.4M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0538%	4h	4.7143	−0.089%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0497%	1h	4.7199	+0.031%	$84K	$77K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0349%	1h	4.7199	+0.030%	$680K	$1.4M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0315%	4h	4.7222	+0.078%	$25.6M	$64.0M	50x	as long as short
Polymarket Perps LIT-USD	−0.0271%	1h	4.7217	+0.068%	$446K	$105K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0172%	4h	4.7185	0.000%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7414	+0.484%	$670K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0086%	4h	4.7292	+0.226%	$906K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7276	+0.193%	$205K	$351K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7223	+0.081%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7232	+0.100%	$31K	$854K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7264	+0.167%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0025%	8h	4.7133	−0.110%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.812%	$422	$178K	5.5x	as long as short
SoDEX LIT-USD	+0.0079%	1h	4.7233	+0.102%	$999	$471K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7268	+0.176%	$59.1M	$29.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7185	0.000%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7304	+0.252%	$212.2M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7247	+0.131%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7200	+0.032%	$586K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7186	+0.002%	$75.3M	$82.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7210	+0.053%	$117K	$459K	5x	as long as short
Bulk LIT-USDshort	+0.0100%	1h	4.7190	+0.010%	$118K	$1K	10x
MEXC LIT_USDT	+0.0100%	4h	4.7186	+0.002%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7240	+0.117%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7287	+0.216%	$288K	$311K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7340	+0.328%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7257	+0.152%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7185	long leg	$4K	$1.2M	20x
HTX LIT-USDT	+0.0100%	4h	4.7400	+0.456%	$189K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7196	+0.024%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7230	+0.095%	$148K	$44K	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7255	+0.148%	$796K	$2.1M	5x	as long as short
Lighter RH LIT	+0.0128%	1h	4.7295	+0.233%	$3.7M	$13.6M	5x	as long as short
Aftermath Perps LITUSD	+0.0227%	1h	4.7329	+0.306%	$13K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7163	−0.047%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0381% / S −0.0173%	1h	4.7249	+0.135%	$62K	—	50x	as long as short