Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0791%/8h= −86.7% APRpaid last 24h −0.069%

Price spread now: Gate against Aftermath Perps−0.003%7-day average −0.095% · 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−$850.851% of the position

Long on Aftermath Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.356%−$36 on $10k

Price spread, last 3 days (all we have)−0.895%−$90 · spread now −0.003%, 7d avg −0.095%

Together, before fees−1.251%−$125 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.092% dearer against Aftermath Perps than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.095%): +$9 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 3 days (−0.356% in total) that is about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LITUSD	4.7161	−0.0227	get 0.0028% / 1h	39m 16s	$10K	$202K	10x
Short	Gate LIT_USDT	4.7160	−0.1018	pay 0.0509% / 4h	1h 39m	$2.8M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.003%Rate

Funding earned: −$166.2
Price spread: −0.003% → −0.095%: $9.24
Slippage, 4 orders: −$61.08
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$242.03
Costs to cover: 0.851%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 45 min ago; Gate: live order book, 4 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, 45 min ago	12.25 bp	34.3 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	2.12 bp	18.1 bp −$18	54.1 bp −$541	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_USDTshort	−0.1018%	4h	4.7160	−0.003%	$2.8M	$4.5M	50x
Deribit LIT_USDC-PERPETUAL	−0.0875%	1h	4.7131	−0.064%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0679%	1h	4.7180	+0.040%	$663K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0628%	4h	4.7085	−0.162%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0544%	1h	4.7085	−0.162%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0520%	4h	4.7100	−0.130%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0425%	4h	4.7123	−0.081%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0338%	1h	4.7128	−0.070%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0296%	4h	4.7150	−0.024%	$42.6M	$30.4M	75x	as long as short
KuCoin LITUSDTM	−0.0290%	4h	4.7162	+0.002%	$5.2M	$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
Aftermath Perps LITUSDlong	−0.0227%	1h	4.7161	long leg	$10K	$202K	10x
GRVT LIT_USDT_Perp	−0.0184%	4h	4.7174	+0.028%	$901K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.187%	$660K	$388K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7184	+0.047%	$786K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7231	+0.148%	$245K	$327K	5x	as long as short
Nado LIT-PERP	−0.0032%	1h	4.7133	−0.059%	$2.1M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7204	+0.090%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7181	+0.043%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0004%	8h	4.7114	−0.099%	$6K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.863%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0057%	4h	4.7200	+0.082%	$287K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0058%	4h	4.7113	−0.102%	$5.6M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0060%	4h	4.7112	−0.104%	$74.7M	$81.0M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7121	−0.085%	$147K	$44K	3x	as long as short
SoDEX LIT-USD	+0.0073%	1h	4.7145	−0.034%	$1K	$467K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7197	+0.076%	$59.3M	$29.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7209	+0.101%	$210.5M	$44.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7209	+0.101%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7174	+0.027%	$580K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7148	−0.028%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	−0.028%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7170	+0.019%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7190	+0.061%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7148	−0.028%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7175	+0.029%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7145	−0.034%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7227	+0.140%	$189K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7111	−0.107%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0241%	4h	4.7096	−0.138%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7178	+0.035%	$32K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7171	+0.020%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0360%	1h	4.7222	+0.129%	$3.7M	$13.6M	5x	as long as short