Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.050%

Price spread now: SunX against Aftermath Perps−0.294%54s7-day average −0.122% · you buy dearer than you sell

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

Long on Aftermath Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.299%−$30 on $10k

Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.294%, 7d avg −0.122%

Together, before fees−0.234%−$23 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 SunX is 0.172% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.122%). Swap the legs. The two prices were read 54 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	Aftermath Perps LITUSD	4.7563	0.0190	pay 0.0024% / 1h	51m 33s	$11K	$198K	10x
Short	SunX LIT-USDT	4.7423	0.0100	get 0.0050% / 4h	2h 51m	$4K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.294%Rate

Funding earned: −$18.94
Price spread: −0.294% → −0.122%: −$17.22
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$53.16
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: live order book, 37 min ago; SunX: live order book, 2 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 Aftermath Perps live order book, 37 min ago	4.53 bp	40.3 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	500.11 bp	doesn't fit	doesn't fit	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
Deribit LIT_USDC-PERPETUAL	−0.1121%	1h	4.7408	−0.327%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0656%	1h	4.7346	−0.456%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0567%	4h	4.7345	−0.458%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0528%	1h	4.7448	−0.242%	$666K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0450%	4h	4.7390	−0.364%	$1.3M	$2.7M	20x	as long as short
Gate LIT_USDT	−0.0420%	4h	4.7440	−0.258%	$2.8M	$4.5M	50x	as long as short
Bullet LIT-USD	−0.0337%	1h	4.7406	−0.331%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0326%	4h	4.7459	−0.218%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0299%	4h	4.7402	−0.338%	$25.1M	$60.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7480	−0.174%	$895K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0206%	4h	4.7411	−0.319%	$42.8M	$30.2M	75x	as long as short
Nado LIT-PERP	−0.0186%	1h	4.7398	−0.346%	$2.1M	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+1.870%	$668K	$408K	50x	as long as short
SoDEX LIT-USD	−0.0114%	1h	4.7415	−0.311%	$982	$474K	5x	as long as short
Extended LIT-USD	−0.0064%	1h	4.7395	−0.353%	$5.2M	$5.2M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7466	−0.204%	$246K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0016%	8h	4.7355	−0.437%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7460	−0.216%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7455	−0.227%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7456	−0.225%	$815K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.003%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0051%	4h	4.7380	−0.385%	$74.9M	$80.6M	75x	as long as short
MEXC LIT_USDT	+0.0052%	4h	4.7384	−0.376%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0053%	4h	4.7455	−0.226%	$289K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7359	−0.429%	$148K	$44K	3x	as long as short
Polymarket Perps LIT-USD	+0.0064%	1h	4.7422	−0.296%	$448K	$104K	10x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	−0.349%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7451	−0.235%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7484	−0.166%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7439	−0.260%	$595K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7413	−0.315%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7430	−0.279%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7440	−0.258%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7444	−0.249%	$2K	$1K	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.7423	−0.294%	$4K	$1.2M	20x
HTX LIT-USDT	+0.0100%	4h	4.7468	−0.200%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7455	−0.227%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0112%	1h	4.7491	−0.151%	$59.6M	$29.6M	5x	as long as short
Aftermath Perps LITUSDlong	+0.0190%	1h	4.7563	long leg	$11K	$198K	10x
BloFin LIT-USDT	+0.0213%	4h	4.7389	−0.366%	$1.6M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0224%	1h	4.7505	−0.122%	$3.7M	$14.0M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7451	−0.234%	$59K	—	50x	as long as short