Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.033%

Price spread now: Binance against Aftermath Perps−0.214%7-day average −0.148% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$700.698% of the position

Long on Aftermath Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.337%−$34 on $10k

Price spread, last 3 days (all we have)−0.552%−$55 · spread now −0.214%, 7d avg −0.148%

Together, before fees−0.889%−$89 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.066% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.148%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LITUSD	4.7314	0.0186	pay 0.0023% / 1h	11m 39s	$13K	$203K	10x
Short	Binance LITUSDT	4.7213	0.0100	get 0.0050% / 4h	11m 39s	$75.3M	$82.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aftermath Perps. 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 Aftermath PerpsbpFee BinancebpOrdersPrice spread, now −0.214%Rate

Funding earned: −$18.08
Price spread: −0.214% → −0.148%: −$6.6
Slippage, 4 orders: −$50.82
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$94.5
Costs to cover: 0.698%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 2 min ago; Binance: live order book, 1 min ago.

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 Aftermath Perps live order book, 2 min ago	4.01 bp	21.7 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.21 bp	13.0 bp −$13	32.9 bp −$329	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
Gate LIT_USDT	−0.0814%	4h	4.7300	−0.031%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0665%	1h	4.7294	−0.043%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0544%	4h	4.7230	−0.178%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0536%	1h	4.7171	−0.303%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0347%	4h	4.7244	−0.149%	$25.6M	$63.9M	50x	as long as short
Bullet LIT-USD	−0.0345%	1h	4.7249	−0.138%	$84K	$78K	20x	as long as short
Phemex LITUSDT	−0.0303%	4h	4.7260	−0.115%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0176%	4h	4.7265	−0.105%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.621%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0070%	4h	4.7155	−0.337%	$894K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7376	+0.130%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7245	−0.148%	$32K	$851K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7281	−0.070%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7325	+0.023%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7269	−0.096%	$817K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7212	−0.217%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.533%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0036%	4h	4.7236	−0.166%	$42.5M	$30.2M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7291	−0.050%	$59.1M	$30.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7235	−0.168%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7328	+0.029%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7264	−0.107%	$588K	$1.7M	10x	as long as short
Binance LITUSDTshort	+0.0100%	4h	4.7213	−0.214%	$75.3M	$82.0M	75x
Arcus LIT-USD	+0.0100%	1h	4.7231	−0.176%	$120K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7316	+0.003%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7215	−0.210%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7300	−0.031%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7316	+0.003%	$681K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7203	−0.236%	$287K	$312K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7220	−0.200%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7246	−0.145%	$446K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7330	+0.033%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7219	−0.202%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7289	−0.054%	$981	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7251	−0.134%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7246	−0.145%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7252	−0.131%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSDlong	+0.0186%	1h	4.7314	long leg	$13K	$203K	10x
Hyperliquid LIT	+0.0197%	1h	4.7325	+0.022%	$212.2M	$45.0M	5x	as long as short
Lighter RH LIT	+0.0200%	1h	4.7312	−0.005%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7213	−0.214%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7321	+0.014%	$62K	—	50x	as long as short