Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0447%/8h= −49.0% APRpaid last 24h −0.100%

Price spread now: Bullet against Aster−0.286%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bullet is 0.286% cheaper against Aster than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.7381	0.0100	pay 0.0050% / 4h	10m 49s	$12.7M	$2.4M	50x
Short	Bullet LIT-USD	4.7245	−0.0347	pay 0.0043% / 1h	10m 49s	$84K	$78K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now −0.286%Rate

Funding earned: −$93.93
Price spread: −0.286% → 0.000%: −$28.59
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$138.52
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Bullet: no order-book sample. 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 Aster live order book, 3 min ago	2.75 bp	8.6 bp −$9	18.6 bp −$186	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0820%	4h	4.7370	−0.022%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0805%	1h	4.7245	−0.286%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0544%	4h	4.7199	−0.383%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0536%	1h	4.7136	−0.516%	$33K	$4K	5x	as long as short
Bullet LIT-USDshort	−0.0347%	1h	4.7245	−0.286%	$84K	$78K	20x
OKX LIT-USDT-SWAP	−0.0342%	4h	4.7344	−0.077%	$25.6M	$64.0M	50x	as long as short
Phemex LITUSDT	−0.0305%	4h	4.7230	−0.318%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0176%	4h	4.7362	−0.039%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.481%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0068%	4h	4.7229	−0.319%	$905K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7285	−0.202%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7241	−0.294%	$32K	$852K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7281	−0.209%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7293	−0.185%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7249	−0.278%	$817K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7212	−0.356%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.392%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0036%	4h	4.7340	−0.085%	$42.6M	$30.2M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7297	−0.176%	$59.1M	$30.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7245	−0.286%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7381	long leg	$12.7M	$2.4M	50x
Pacifica LIT	+0.0100%	1h	4.7264	−0.246%	$588K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7311	−0.147%	$75.4M	$82.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7231	−0.316%	$120K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7316	−0.136%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7328	−0.111%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7340	−0.085%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7294	−0.183%	$681K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7244	−0.288%	$287K	$309K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7240	−0.297%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7261	−0.252%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7276	−0.220%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7221	−0.337%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7251	−0.273%	$989	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7251	−0.273%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7336	−0.094%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7226	−0.326%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0188%	1h	4.7297	−0.177%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7322	−0.123%	$3.7M	$14.0M	5x	as long as short
Hyperliquid LIT	+0.0203%	1h	4.7425	+0.094%	$212.7M	$45.1M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7232	−0.313%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7276	−0.220%	$62K	—	50x	as long as short