Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:20 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.034%

Price spread now: Perpl against SunX+0.130%7-day average +0.071% · you sell dearer than you buy

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

Long on SunX Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.130%, 7d avg +0.071%

Together, before fees−0.213%+ Points / potential airdropPerpl: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Perpl is 0.059% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7588	0.0100	pay 0.0050% / 4h	2h 20m	$4K	$1.2M	20x
Short	Perpl LIT	4.7650	0.0112	get 0.0010% / 43m	7m 46s	$31K	$839K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now +0.130%Rate

Funding earned: $2.44
Price spread: +0.130% → +0.071%: $5.9
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$13.46
Costs to cover: 0.218%
Break-even: 45.6 days

Slippage unknown: SunX: live order book, 3 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 SunX live order book, 3 min ago	500.04 bp	doesn't fit	doesn't fit	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
Deribit LIT_USDC-PERPETUAL	−0.0836%	1h	4.7632	+0.093%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0658%	4h	4.7660	+0.151%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0611%	4h	4.7580	−0.017%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0569%	4h	4.7600	+0.025%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7631	+0.090%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0348%	1h	4.7614	+0.055%	$86K	$81K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0321%	1h	4.7674	+0.181%	$670K	$1.5M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0317%	4h	4.7662	+0.156%	$25.1M	$62.2M	50x	as long as short
Bybit LITUSDT	−0.0317%	4h	4.7670	+0.172%	$43.2M	$30.6M	75x	as long as short
KuCoin LITUSDTM	−0.0304%	4h	4.7623	+0.074%	$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
GRVT LIT_USDT_Perp	−0.0296%	4h	4.7469	−0.251%	$906K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.280%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7583	−0.011%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0021%	8h	4.7544	−0.093%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	−0.0012%	1h	4.7615	+0.057%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7588	−0.001%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7685	+0.203%	$35K	—	150x	as long as short
Nado LIT-PERP	+0.0005%	1h	4.7650	+0.130%	$2.2M	$1.7M	10x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7658	+0.147%	$827K	$2.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0021%	1h	4.7551	−0.078%	$12K	$199K	10x	as long as short
Polymarket Perps LIT-USD	+0.0031%	1h	4.7698	+0.231%	$450K	$105K	10x	as long as short
Extended LIT-USD	+0.0032%	1h	4.7654	+0.139%	$5.3M	$5.1M	25x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.950%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0036%	4h	4.7510	−0.164%	$289K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0038%	4h	4.7643	+0.116%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0040%	4h	4.7646	+0.122%	$75.3M	$81.3M	75x	as long as short
Aevo LIT-PERP	+0.0056%	1h	4.7624	+0.076%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7743	+0.326%	$59.8M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7746	+0.332%	$212.1M	$45.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7717	+0.271%	$12.8M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7610	+0.046%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7561	−0.057%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7680	+0.193%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7470	−0.248%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7659	+0.149%	$2K	$1K	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7588	long leg	$4K	$1.2M	20x
HTX LIT-USDT	+0.0100%	4h	4.7721	+0.279%	$191K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.282%	$119K	$6K	10x	as long as short
Perpl LITshort	+0.0112%	43m	4.7650	+0.130%	$31K	$839K	33x
BloFin LIT-USDT	+0.0160%	4h	4.7593	+0.011%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7655	+0.140%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0416%	1h	4.7752	+0.345%	$3.8M	$14.2M	5x	as long as short