Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%

Price spread now: Coinbase International against Aster+0.270%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.540%−$54 on $10k

Price spread, last 3 days (all we have)+0.147%+$15 · spread now +0.270%, 7d avg +0.056%

Together, before fees−0.393%+ Points / potential airdropAster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.214% dearer against Aster than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of +0.056%): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.7082	0.0100	pay 0.0050% / 4h	2h 33m	$12.6M	$2.1M	50x
Short	Coinbase International LIT-PERP-INTX	4.7209	−0.0080	pay 0.0010% / 1h	33m 18s	$668K	$387K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.270%Rate

Funding earned: −$37.8
Price spread: +0.270% → +0.056%: $21.39
Slippage, 4 orders: −$46.9
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$81.31
Costs to cover: 0.649%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; Coinbase International: live order book, 35 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, 6 min ago	2.88 bp	9.1 bp −$9	22.8 bp −$228	doesn't fit	doesn't fit
Sell Coinbase International live order book, 35 min ago	9.24 bp	20.0 bp −$20	62.2 bp −$622	doesn't fit	doesn't fit

LIT on 41 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	−0.0668%	1h	4.7001	−0.172%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0608%	1h	4.6969	−0.240%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0462%	4h	4.6974	−0.229%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0435%	1h	4.6978	−0.221%	$84K	$73K	20x	as long as short
Gate LIT_USDT	−0.0210%	4h	4.7040	−0.089%	$2.8M	$4.3M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0161%	4h	4.7012	−0.148%	$25.5M	$63.8M	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7061	−0.044%	$5.2M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0136%	4h	4.7050	−0.068%	$904K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.7030	−0.110%	$56K	$77K	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.6823	−0.550%	$202K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0100%	1h	4.7196	+0.242%	$681K	$1.4M	5x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0080%	1h	4.7209	+0.270%	$668K	$387K	50x
dYdX LIT-USD	0.0000%	1h	4.7061	−0.045%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7020	−0.132%	$471	—	150x	as long as short
Bulk LIT-USD	+0.0030%	1h	4.6912	−0.362%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.035%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0035%	8h	4.7011	−0.151%	$7K	$2K	5x	as long as short
Phemex LITUSDT	+0.0060%	4h	4.7010	−0.153%	$1.4M	$2.7M	20x	as long as short
SoDEX LIT-USD	+0.0073%	1h	4.7012	−0.148%	$1K	$453K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7049	−0.069%	$787K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7051	−0.066%	$58.9M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7072	−0.021%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7025	−0.121%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7060	−0.046%	$210.6M	$43.9M	5x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7082	long leg	$12.6M	$2.1M	50x
Pacifica LIT	+0.0100%	1h	4.7055	−0.057%	$584K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6971	−0.235%	$74.9M	$80.7M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6979	−0.218%	$42.1M	$29.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7024	−0.123%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6990	−0.195%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7090	+0.017%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6972	−0.234%	$286K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7016	−0.140%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7040	−0.090%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7015	−0.142%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7215	+0.283%	$189K	$354K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6967	−0.244%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7011	−0.150%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0294%	1h	4.7000	−0.175%	$9K	$212K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0405% / S −0.0198%	1h	4.7007	−0.160%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7037	−0.096%	$31K	$861K	33x	as long as short