Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.033%

Price spread now: dYdX against Aster−0.030%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 dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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 −$3 a day on $10k at the current rate, and dYdX is 0.030% cheaper against Aster than usual: you would sell low and buy high (−$3 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	4.7574	0.0100	pay 0.0050% / 4h	2h 57m	$12.7M	$2.5M	50x
Short	dYdX LIT-USD	4.7560	0	get 0.0000% / 1h	57m 09s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$21
Price spread: −0.030% → 0.000%: −$3.04
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$42.04
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; dYdX: 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, 2 min ago	3.57 bp	9.4 bp −$9	23.5 bp −$235	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Deribit LIT_USDC-PERPETUAL	−0.0827%	1h	4.7501	−0.154%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0752%	1h	4.7457	−0.247%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0563%	4h	4.7435	−0.293%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0505%	4h	4.7470	−0.220%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0483%	1h	4.7528	−0.098%	$667K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0378%	1h	4.7506	−0.144%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0324%	4h	4.7529	−0.096%	$5.3M	$1.1M	30x	as long as short
SoDEX LIT-USD	−0.0323%	1h	4.7490	−0.178%	$986	$474K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0289%	4h	4.7513	−0.129%	$25.2M	$60.8M	50x	as long as short
Gate LIT_USDT	−0.0268%	4h	4.7550	−0.051%	$2.8M	$4.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0262%	4h	4.7620	+0.096%	$902K	$1.9M	10x	as long as short
Bybit LITUSDT	−0.0241%	4h	4.7502	−0.152%	$42.9M	$30.1M	75x	as long as short
ApeX Omni LITUSDT	−0.0230%	1h	4.7610	+0.075%	$56K	$78K	50x	as long as short
Nado LIT-PERP	−0.0209%	1h	4.7510	−0.136%	$2.1M	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+1.845%	$668K	$408K	50x	as long as short
Polymarket Perps LIT-USD	−0.0128%	1h	4.7536	−0.081%	$449K	$104K	10x	as long as short
Phoenix LIT	−0.0067%	1h	4.7677	+0.216%	$246K	$321K	5x	as long as short
Extended LIT-USD	−0.0032%	1h	4.7490	−0.178%	$5.3M	$5.2M	25x	as long as short
Paradex LIT-USD-PERP	−0.0020%	8h	4.7502	−0.152%	$5K	$1K	5x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7560	−0.030%	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7539	−0.075%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7573	−0.003%	$817K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.979%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0056%	4h	4.7483	−0.192%	$75.0M	$80.7M	75x	as long as short
MEXC LIT_USDT	+0.0058%	4h	4.7475	−0.209%	$6.0M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0066%	4h	4.7648	+0.155%	$290K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7488	−0.182%	$149K	$44K	3x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	+0.110%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7548	−0.056%	$211.3M	$44.5M	5x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7574	long leg	$12.7M	$2.5M	50x
Pacifica LIT	+0.0100%	1h	4.7578	+0.007%	$597K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7551	−0.049%	$118K	$449K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7530	−0.093%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7547	−0.058%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7510	−0.136%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7680	+0.222%	$190K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7562	−0.027%	$31K	$843K	33x	as long as short
Aftermath Perps LITUSD	+0.0151%	1h	4.7757	+0.384%	$11K	$198K	10x	as long as short
Lighter LIT	+0.0152%	1h	4.7585	+0.022%	$59.7M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7596	+0.045%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0224%	4h	4.7493	−0.171%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0389% / S −0.0190%	1h	4.7536	−0.081%	$60K	—	50x	as long as short