Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.015%

Price spread now: RISEx against SunX−0.180%7-day average +0.070% · you buy dearer than you sell

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

Long on SunX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.078%+$8 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.180%, 7d avg +0.070%

Together, before fees+0.357%+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.251% cheaper against SunX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.070%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.078%, 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	SunX LIT-USDT	4.7991	0.0100	pay 0.0050% / 4h	37m 33s	$4K	$1.1M	20x
Short	RISEx LIT/USDC	4.7904	0.0064	get 0.0008% / 1h	37m 33s	$801K	$2.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.180%Rate

Funding earned: −$7.55
Price spread: −0.180% → +0.070%: −$25.05
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$46.6
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; RISEx: live order book, 1 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	500.00 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	1.14 bp	4.1 bp −$4	19.8 bp −$198	doesn't fit	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
01 Exchange LITUSD	−0.0384%	1h	4.7829	−0.338%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0367%	4h	4.7931	−0.125%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.440%	$605K	$347K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0341%	1h	4.7991	+0.001%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0245%	1h	4.7880	−0.231%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0151%	4h	4.7873	−0.246%	$25.8M	$59.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0106%	4h	4.7950	−0.085%	$891K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0038%	1h	4.7980	−0.023%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7940	−0.105%	$34K	—	5x	as long as short
Bybit LITUSDT	0.0000%	4h	4.7872	−0.248%	$41.6M	$28.0M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8011	+0.041%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.102%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8015	+0.050%	$206K	$293K	5x	as long as short
RISEx LIT/USDCshort	+0.0064%	1h	4.7904	−0.180%	$801K	$2.3M	5x
Phemex LITUSDT	+0.0075%	4h	4.7980	−0.023%	$1.4M	$2.7M	20x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7899	−0.192%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7978	−0.027%	$59.7M	$26.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7865	−0.263%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7951	−0.084%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7860	−0.274%	$76.7M	$74.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7913	−0.163%	$125K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7931	−0.125%	$119K	$6K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7960	−0.065%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7873	−0.246%	$5.9M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7942	−0.102%	$5.5M	$938K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7900	−0.190%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8001	+0.021%	$767K	$944K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7933	−0.121%	$293K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7889	−0.213%	$450K	$82K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7984	−0.015%	$2K	$961	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7991	long leg	$4K	$1.1M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7982	−0.019%	$1K	$329K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7994	+0.006%	$200K	$299K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7897	−0.196%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7976	−0.032%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7995	+0.008%	$3.7M	$12.7M	5x	as long as short
Aster LITUSDT	+0.0193%	4h	4.7989	−0.005%	$12.9M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0263%	1h	4.7976	−0.031%	$216.7M	$38.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0311%	1h	4.7969	−0.046%	$10K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7938	−0.110%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7912	−0.166%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7924	−0.140%	$32K	$653K	33x	as long as short