Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against SunX+0.122%7-day average — · you sell dearer than you buy

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

Long on SunX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.122% dearer against SunX than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7074	0.0100	pay 0.0050% / 4h	3h 27m	$4K	$1.2M	20x
Short	dYdX LIT-USD	4.7132	0	get 0.0000% / 1h	27m 45s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$21
Price spread: +0.122% → 0.000%: $12.22
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$26.78
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; dYdX: 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 SunX live order book, 6 min ago	500.00 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Deribit LIT_USDC-PERPETUAL	−0.0531%	1h	4.7087	+0.028%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.7031	−0.091%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.361%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0271%	1h	4.7078	+0.008%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0256%	1h	4.7075	+0.002%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0092%	4h	4.7070	−0.008%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0052%	4h	4.7116	+0.089%	$41.1M	$28.9M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0027%	4h	4.7103	+0.062%	$25.4M	$61.1M	50x	as long as short
ApeX Omni LITUSDT	−0.0022%	1h	4.7140	+0.140%	$56K	$76K	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7105	+0.066%	$203K	$299K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7128	+0.114%	$800K	$2.2M	5x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7132	+0.122%	$34K	—	5x
Perpl LIT	0.0000%	43m	4.7139	+0.138%	$31K	$745K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7112	+0.080%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0016%	4h	4.7096	+0.047%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.052%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0043%	1h	4.7074	+0.001%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7035	−0.083%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7191	+0.249%	$58.9M	$28.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7195	+0.257%	$210.7M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7106	+0.068%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7093	+0.040%	$75.6M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7108	+0.072%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	+0.015%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7120	+0.098%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7100	+0.055%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7120	+0.098%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7132	+0.123%	$660K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7089	+0.031%	$288K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7133	+0.126%	$905K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7092	+0.038%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7116	+0.089%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7074	long leg	$4K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7085	+0.023%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7096	+0.047%	$199K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7091	+0.037%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7055	−0.040%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0200%	1h	4.7202	+0.272%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0221%	1h	4.7118	+0.094%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0252%	4h	4.7179	+0.223%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7059	−0.032%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7117	+0.092%	$65K	—	50x	as long as short