Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0668%/8h= +73.1% APRpaid last 24h +0.111%

Price spread now: edgeX against 01 Exchange−0.309%57s7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.309% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.309% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 37 hours of funding at the current rate (+$20 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange LITUSD	4.6988	−0.0568	get 0.0071% / 1h	48m 02s	$33K	$4K	5x
Short	edgeX LITUSDC	4.6843	0.0100	get 0.0050% / 4h	2h 48m	$285K	$305K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against 01 Exchange. 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 01 ExchangebpFee edgeXbpOrdersPrice spread, now −0.309%Rate

Funding earned: $140.28
Price spread: −0.309% → 0.000%: −$30.91
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $93.37
Costs to cover: 0.160%
Break-even: 2.3 days

Slippage unknown: 01 Exchange: no order-book sample; edgeX: live order book, 20 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 01 Exchange no order-book sample	—	—	—	—	—
Sell edgeX live order book, 20 min ago	5.24 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit

01 Exchange: 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	−0.0812%	1h	4.7045	+0.121%	$41K	$40K	10x	as long as short
01 Exchange LITUSDlong	−0.0568%	1h	4.6988	long leg	$33K	$4K	5x
Orderly PERP_LIT_USDC	−0.0469%	4h	4.6984	−0.009%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0407%	1h	4.7042	+0.115%	$85K	$72K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0196%	1h	4.7079	+0.194%	$682K	$1.4M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0176%	4h	4.7034	+0.098%	$25.6M	$63.8M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0152%	4h	4.6894	−0.200%	$899K	$1.8M	10x	as long as short
Gate LIT_USDT	−0.0136%	4h	4.7090	+0.217%	$2.8M	$4.2M	50x	as long as short
KuCoin LITUSDTM	−0.0132%	4h	4.7078	+0.192%	$5.3M	$1.1M	30x	as long as short
Phoenix LIT	−0.0102%	1h	4.6878	−0.234%	$203K	$352K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	+0.470%	$668K	$387K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7101	+0.240%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7090	+0.218%	$471	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.239%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0042%	8h	4.7027	+0.083%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7070	+0.176%	$784K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7119	+0.279%	$59.0M	$29.2M	5x	as long as short
Bulk LIT-USD	+0.0096%	1h	4.6903	−0.181%	$117K	$1K	10x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7050	+0.132%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7142	+0.328%	$211.3M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7107	+0.253%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7101	+0.240%	$584K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6988	0.000%	$75.1M	$80.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7010	+0.047%	$42.2M	$29.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7058	+0.149%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6994	+0.013%	$5.4M	$4.0M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7080	+0.196%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.6843	−0.309%	$285K	$305K	10x
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	+0.302%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7058	+0.149%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7075	+0.185%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7065	+0.164%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7050	+0.132%	$1K	$457K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7254	+0.566%	$189K	$354K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7030	+0.089%	$1.4M	$2.7M	20x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7135	+0.313%	$3.7M	$13.2M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6981	−0.016%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7019	+0.066%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0333%	1h	4.7117	+0.274%	$9K	$209K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7139	+0.321%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0402% / S −0.0194%	1h	4.7072	+0.179%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7085	+0.207%	$31K	$860K	33x	as long as short