Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.065%

Price spread now: Bybit against SunX+0.224%7-day average +0.025% · you sell dearer than you buy

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.224%, 7d avg +0.025%

Together, before fees−0.404%−$40 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: Bybit is 0.199% dearer against SunX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.6835	0.0100	pay 0.0050% / 4h	1h 35m	$5K	$1.1M	20x
Short	Bybit LITUSDT	4.6940	0.0100	get 0.0050% / 4h	1h 35m	$41.6M	$28.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.224%Rate

Funding earned: $0
Price spread: +0.224% → +0.025%: $19.92
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $0.92
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: SunX: live order book, 8 min ago; Bybit: live order book, 3 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, 8 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.14 bp	19.2 bp −$19	60.1 bp −$601	408.6 bp −$40.9K	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	4.6870	+0.075%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0282%	1h	4.6919	+0.180%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.6877	+0.090%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0174%	1h	4.6932	+0.206%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6890	+0.117%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6850	+0.032%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	+0.065%	$658K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6941	+0.226%	$25.3M	$61.7M	50x	as long as short
ApeX Omni LITUSDT	+0.0002%	1h	4.6780	−0.117%	$56K	$76K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6942	+0.229%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	+0.0006%	4h	4.6857	+0.047%	$5.2M	$1.1M	30x	as long as short
dYdX LIT-USD	+0.0010%	1h	4.6881	+0.098%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0019%	4h	4.6850	+0.032%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	+0.0026%	4h	4.6810	−0.053%	$908K	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.573%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0069%	8h	4.6845	+0.021%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0078%	1h	4.6925	+0.192%	$685K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6898	+0.135%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6894	+0.127%	$782K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6885	+0.107%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6965	+0.278%	$209.8M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6857	+0.047%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6910	+0.160%	$74.6M	$78.5M	75x	as long as short
Bybit LITUSDTshort	+0.0100%	4h	4.6940	+0.224%	$41.6M	$28.5M	75x
Arcus LIT-USD	+0.0100%	1h	4.6871	+0.077%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.008%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6879	+0.094%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6920	+0.181%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6771	−0.137%	$285K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6926	+0.194%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6963	+0.273%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.6835	long leg	$5K	$1.1M	20x
SoDEX LIT-USD	+0.0100%	1h	4.6875	+0.085%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6935	+0.214%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6842	+0.015%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6913	+0.166%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.6914	+0.169%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0188%	4h	4.6934	+0.211%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0246%	1h	4.6825	−0.021%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6801	−0.073%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0411% / S −0.0208%	1h	4.6947	+0.239%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6905	+0.149%	$31K	$827K	33x	as long as short