Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%

Price spread now: Derive against Aster−0.055%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 Derive

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.055% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.7255	0.0100	pay 0.0050% / 4h	16m 03s	$12.6M	$2.4M	50x
Short	Derive LIT-PERP	4.7229	0.0100	get 0.0013% / 1h	16m 03s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → 0.000%: −$5.5
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$19.5
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Derive: 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	2.74 bp	8.6 bp −$9	19.3 bp −$193	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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	−0.0822%	4h	4.7250	−0.011%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0804%	1h	4.7196	−0.124%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0551%	4h	4.7147	−0.229%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0528%	1h	4.7148	−0.226%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0361%	4h	4.7193	−0.131%	$25.6M	$63.8M	50x	as long as short
Bullet LIT-USD	−0.0334%	1h	4.7192	−0.133%	$84K	$80K	20x	as long as short
Phemex LITUSDT	−0.0299%	4h	4.7180	−0.159%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0186%	4h	4.7186	−0.146%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.748%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0070%	4h	4.7367	+0.236%	$908K	$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	4.7376	+0.256%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7195	−0.126%	$33K	$850K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7243	−0.026%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7237	−0.039%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7223	−0.067%	$816K	$2.1M	5x	as long as short
Bybit LITUSDT	+0.0023%	4h	4.7220	−0.074%	$42.5M	$30.2M	75x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7160	−0.200%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.661%	$422	$178K	5.5x	as long as short
Lighter LIT	+0.0096%	1h	4.7273	+0.038%	$59.1M	$30.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7185	−0.148%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7255	long leg	$12.6M	$2.4M	50x
Pacifica LIT	+0.0100%	1h	4.7202	−0.112%	$587K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7168	−0.183%	$75.1M	$81.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7197	−0.123%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7316	+0.129%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7165	−0.190%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7210	−0.095%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7218	−0.078%	$680K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7343	+0.186%	$288K	$311K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7390	+0.286%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7215	−0.085%	$446K	$105K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.7229	−0.055%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.7184	−0.150%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7203	−0.110%	$979	$470K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7201	−0.114%	$188K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7191	−0.135%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7175	−0.169%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0174%	1h	4.7332	+0.163%	$13K	$203K	10x	as long as short
Hyperliquid LIT	+0.0196%	1h	4.7272	+0.036%	$212.0M	$44.9M	5x	as long as short
Lighter RH LIT	+0.0224%	1h	4.7297	+0.089%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7067	−0.398%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0376% / S −0.0169%	1h	4.7238	−0.036%	$62K	—	50x	as long as short