Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h −0.030%

Price spread now: MEXC against Aftermath Perps−0.301%7-day average −0.149% · 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−$62as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on Aftermath Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.342%−$34 on $10k

Price spread, last 4 days (all we have)−1.381%−$138 · spread now −0.301%, 7d avg −0.149%

Together, before fees−1.723%−$172 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.152% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.149%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LITUSD	4.7159	0.0161	pay 0.0020% / 1h	15m 26s	$9K	$205K	10x
Short	MEXC LIT_USDT	4.7017	0.0100	get 0.0050% / 4h	1h 15m	$5.5M	$3.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.301%Rate

Funding earned: −$12.84
Price spread: −0.301% → −0.149%: −$15.19
Slippage, 4 orders: −$34.13
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$75.16
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 49 min ago; MEXC: live order book, 2 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, 49 min ago	4.01 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.10 bp	2.1 bp −$2	23.9 bp −$239	252.5 bp −$25.3K	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
Deribit LIT_USDC-PERPETUAL	−0.0423%	1h	4.7398	+0.507%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.7345	+0.394%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.6994	−0.350%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0232%	1h	4.7397	+0.505%	$85K	$68K	20x	as long as short
Phoenix LIT	−0.0085%	1h	4.7480	+0.681%	$204K	$341K	5x	as long as short
Gate LIT_USDT	−0.0078%	4h	4.7090	−0.146%	$2.8M	$4.3M	50x	as long as short
Phemex LITUSDT	−0.0029%	4h	4.7360	+0.426%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.762%	$611K	$411K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7433	+0.580%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7061	−0.209%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LIT-USDT-SWAP	+0.0026%	4h	4.7047	−0.237%	$25.3M	$62.1M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.868%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0042%	4h	4.7050	−0.231%	$5.2M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0074%	8h	4.7008	−0.321%	$7K	$2K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.7444	+0.604%	$927K	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7061	−0.208%	$58.7M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7076	−0.176%	$3.7M	$13.3M	5x	as long as short
ApeX Omni LITUSDT	+0.0099%	1h	4.7460	+0.638%	$57K	$76K	50x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7050	−0.231%	$791K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7004	−0.329%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7099	−0.127%	$210.5M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7045	−0.243%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7020	−0.295%	$74.9M	$79.0M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7030	−0.273%	$41.7M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7061	−0.208%	$123K	$454K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6864	−0.625%	$117K	$2K	10x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.7017	−0.301%	$5.5M	$3.9M	100x
Bitget LITUSDT	+0.0100%	4h	4.7060	−0.210%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7371	+0.450%	$673K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7387	+0.483%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7052	−0.227%	$439K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7432	+0.578%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7377	+0.462%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7396	+0.503%	$2K	$398K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7445	+0.607%	$196K	$380K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7023	−0.289%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7386	+0.481%	$148K	—	3x	as long as short
Aftermath Perps LITUSDlong	+0.0161%	1h	4.7159	long leg	$9K	$205K	10x
Aster LITUSDT	+0.0225%	4h	4.7103	−0.119%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7419	+0.551%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0417% / S −0.0212%	1h	4.7433	+0.581%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7057	−0.217%	$31K	$816K	33x	as long as short