Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0387%/8h= −42.3% APRpaid last 24h +0.040%

Price spread now: Aftermath Perps against Aster−0.127%7-day average +0.051% · 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−$88as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on Aster Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.278%+$28 on $10k

Price spread, last 3 days (all we have)+1.038%+$104 · spread now −0.127%, 7d avg +0.051%

Together, before fees+1.316%+ Points / potential airdropAster: Stage 5 · farm board+$132 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aftermath Perps is 0.178% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.051%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.278%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.7520	0.0100	pay 0.0050% / 4h	1h 02m	$12.7M	$2.4M	50x
Short	Aftermath Perps LITUSD	4.7460	−0.0287	pay 0.0036% / 1h	2m 42s	$12K	$203K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.127%Rate

Funding earned: −$81.19
Price spread: −0.127% → +0.051%: −$17.76
Slippage, 4 orders: −$52.93
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$168.88
Costs to cover: 0.699%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Aftermath Perps: live order book, 16 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 Aster live order book, 1 min ago	1.79 bp	8.0 bp −$8	27.8 bp −$278	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 16 min ago	5.21 bp	21.8 bp −$22	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
Gate LIT_USDT	−0.1120%	4h	4.7500	−0.042%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0767%	1h	4.7457	−0.134%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0630%	4h	4.7395	−0.263%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0586%	1h	4.7497	−0.048%	$666K	$1.4M	5x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7503	−0.036%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0497%	4h	4.7460	−0.126%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0461%	4h	4.7489	−0.065%	$25.7M	$63.5M	50x	as long as short
Bullet LIT-USD	−0.0332%	1h	4.7436	−0.177%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSDshort	−0.0287%	1h	4.7460	−0.127%	$12K	$203K	10x
KuCoin LITUSDTM	−0.0238%	4h	4.7464	−0.118%	$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
Bybit LITUSDT	−0.0217%	4h	4.7496	−0.051%	$42.8M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7670	+0.316%	$674K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7540	+0.042%	$905K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7560	+0.084%	$812K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7564	+0.093%	$206K	$327K	5x	as long as short
Nado LIT-PERP	−0.0013%	1h	4.7469	−0.108%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7513	−0.014%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7474	−0.096%	$31K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7487	−0.069%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0006%	8h	4.7468	−0.109%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.094%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7466	−0.114%	$5.7M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7553	+0.070%	$289K	$311K	10x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7498	−0.046%	$75.5M	$81.1M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7458	−0.131%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7522	+0.004%	$59.9M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7552	+0.067%	$212.6M	$44.4M	5x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7520	long leg	$12.7M	$2.4M	50x
Pacifica LIT	+0.0100%	1h	4.7506	−0.030%	$615K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7512	−0.017%	$118K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.261%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7510	−0.021%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7500	−0.042%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7454	−0.139%	$448K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7496	−0.051%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7527	+0.015%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7460	−0.126%	$997	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7502	−0.038%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7484	−0.075%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7547	+0.057%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0224%	4h	4.7420	−0.210%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7476	−0.092%	$62K	—	50x	as long as short