Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0041%/8h= +4.4% APRpaid last 24h −0.107%

Price spread now: Bybit against Aftermath Perps+0.143%7-day average −0.134% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$900.901% of the position

Long on Aftermath Perps Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.404%−$40 on $10k

Price spread, last 3 days (all we have)−1.115%−$112 · spread now +0.143%, 7d avg −0.134%

Together, before fees−1.519%−$152 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.277% dearer against Aftermath Perps than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.134%. Mind the row above: over the last 3 days funding on this pair cost −0.404%, 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	Aftermath Perps LITUSD	4.7552	−0.0250	get 0.0031% / 1h	0m 46s	$13K	$204K	10x
Short	Bybit LITUSDT	4.7620	−0.0210	pay 0.0105% / 4h	1h 00m	$43.0M	$30.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.143%Rate

Funding earned: $8.51
Price spread: +0.143% → −0.134%: $27.73
Slippage, 4 orders: −$70.15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$53.91
Costs to cover: 0.901%
Break-even: 51.3 days

Slippage from Aftermath Perps: live order book, 18 min ago; Bybit: live order book, 3 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, 18 min ago	5.21 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.05 bp	18.0 bp −$18	56.0 bp −$560	473.9 bp −$47.4K	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	−0.1110%	4h	4.7650	+0.206%	$2.8M	$4.6M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0625%	4h	4.7561	+0.019%	$33K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0556%	1h	4.7672	+0.253%	$669K	$1.4M	5x	as long as short
01 Exchange LITUSD	−0.0552%	1h	4.7620	+0.143%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0520%	1h	4.7626	+0.156%	$42K	$40K	10x	as long as short
Phemex LITUSDT	−0.0478%	4h	4.7580	+0.059%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0461%	4h	4.7593	+0.086%	$25.8M	$63.8M	50x	as long as short
Bullet LIT-USD	−0.0322%	1h	4.7598	+0.097%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSDlong	−0.0250%	1h	4.7552	long leg	$13K	$204K	10x
KuCoin LITUSDTM	−0.0232%	4h	4.7644	+0.194%	$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
Bybit LITUSDTshort	−0.0210%	4h	4.7620	+0.143%	$43.0M	$30.1M	75x
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7680	+0.269%	$675K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7540	−0.025%	$905K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7620	+0.143%	$814K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7628	+0.160%	$206K	$327K	5x	as long as short
Nado LIT-PERP	−0.0008%	1h	4.7605	+0.112%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7642	+0.189%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7570	+0.037%	$31K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7644	+0.193%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0008%	8h	4.7595	+0.091%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.026%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7520	−0.068%	$289K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7615	+0.133%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7596	+0.094%	$75.7M	$81.2M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7604	+0.110%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7681	+0.271%	$60.0M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7691	+0.293%	$213.4M	$44.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7697	+0.305%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7646	+0.198%	$617K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7595	+0.091%	$119K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.328%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7670	+0.248%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7500	−0.109%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7594	+0.089%	$450K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7656	+0.219%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7637	+0.179%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7625	+0.154%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7651	+0.208%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7591	+0.082%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7694	+0.299%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0229%	4h	4.7555	+0.007%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7641	+0.186%	$62K	—	50x	as long as short