Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:57 UTC−0.0126%/8h= −13.8% APRpaid last 24h +0.036%

Price spread now: Perpl against Aster−0.083%7-day average −0.064% · you buy dearer than you sell

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

Long on Aster Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.073%+$7 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.083%, 7d avg −0.064%

Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · Perpl: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 6 days funding on this pair paid +0.073%, 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	4.8199	0.0238	pay 0.0119% / 4h	2h 00m	$12.9M	$2.0M	50x
Short	Perpl LIT	4.8159	0.0112	get 0.0010% / 43m	23m 59s	$32K	$689K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$26.44
Price spread: −0.083% → −0.064%: −$1.96
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$50.2
Costs to cover: 0.218%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Perpl: 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	2.18 bp	8.1 bp −$8	20.1 bp −$201	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.8177	−0.045%	$610K	$370K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0368%	4h	4.8071	−0.266%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0246%	1h	4.8144	−0.113%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0176%	1h	4.8128	−0.147%	$31K	$3K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0162%	4h	4.8144	−0.114%	$25.8M	$62.6M	50x	as long as short
Bullet LIT-USD	−0.0162%	1h	4.8120	−0.164%	$86K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.8180	−0.038%	$893K	$1.9M	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.8232	+0.068%	$207K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8163	−0.076%	$803K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8151	−0.100%	$35K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8154	−0.093%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.330%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0070%	4h	4.8168	−0.064%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8105	−0.194%	$7K	$2K	5x	as long as short
Phemex LITUSDT	+0.0095%	4h	4.8110	−0.185%	$1.4M	$2.8M	20x	as long as short
Lighter LIT	+0.0096%	1h	4.8181	−0.037%	$59.9M	$28.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8133	−0.137%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8146	−0.110%	$617K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8125	−0.154%	$77.2M	$77.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8140	−0.122%	$41.6M	$28.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8152	−0.098%	$119K	$466K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8170	−0.060%	$2.8M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8105	−0.195%	$5.9M	$4.0M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8160	−0.081%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8153	−0.095%	$679K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8167	−0.067%	$294K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8340	+0.293%	$58K	$75K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8127	−0.149%	$452K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8154	−0.093%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8098	−0.210%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8139	−0.124%	$1K	$336K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8168	−0.064%	$200K	$343K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8185	−0.028%	$120K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8125	−0.153%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8121	−0.163%	$150K	—	3x	as long as short
Perpl LITshort	+0.0112%	43m	4.8159	−0.083%	$32K	$689K	33x
Aftermath Perps LITUSD	+0.0142%	1h	4.8322	+0.256%	$10K	$219K	10x	as long as short
Lighter RH LIT	+0.0176%	1h	4.8205	+0.012%	$3.6M	$13.5M	5x	as long as short
Aster LITUSDTlong	+0.0238%	4h	4.8199	long leg	$12.9M	$2.0M	50x
Hyperliquid LIT	+0.0312%	1h	4.8225	+0.054%	$217.5M	$41.6M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8103	−0.199%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.8144	−0.114%	$64K	—	50x	as long as short