LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0319%/8h= +34.9% APRnext payment +$0.40 per $10,000 · paid last 24h +0.064%

Price spread now: Aftermath Perps against Backpack−0.147%7-day average +0.087% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on Backpack Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.309%+$31 on $10k

Price spread, last 3 days (all we have)+1.252%+$125 · spread now −0.147%, 7d avg +0.087%

Together, before fees+1.561%+$156 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.235% cheaper against Backpack than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.087%). If the spread goes back, that is −$23 on $10k: about 2.5 days of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LIT_USDC_PERP	4.7644	−0.0298	get 0.0037% / 1h	19m 39s	$669K	$1.5M	5x
Short	Aftermath Perps LITUSD	4.7574	0.0021	get 0.0003% / 1h	19m 39s	$12K	$199K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Backpack. 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 BackpackbpFee Aftermath PerpsbpOrdersPrice spread, now −0.147%Rate

Funding earned: $66.92
Price spread: −0.147% → +0.087%: −$23.48
Slippage, 4 orders: −$46.7
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$22.26
Costs to cover: 0.657%
Break-even: 9.3 days

Slippage from Backpack: live order book, 4 min ago; Aftermath Perps: live order book, 5 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 Backpack live order book, 4 min ago	0.63 bp	6.7 bp −$7	17.9 bp −$179	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 5 min ago	12.25 bp	17.4 bp −$17	doesn't fit	doesn't fit	doesn't fit

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	−0.1021%	1h	4.7613	−0.066%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0612%	4h	4.7670	+0.055%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0612%	4h	4.7577	−0.141%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0563%	4h	4.7590	−0.113%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7596	−0.101%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0341%	1h	4.7630	−0.029%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0325%	4h	4.7625	−0.040%	$25.1M	$62.1M	50x	as long as short
KuCoin LITUSDTM	−0.0298%	4h	4.7667	+0.048%	$5.3M	$1.1M	30x	as long as short
Backpack LIT_USDC_PERPlong	−0.0298%	1h	4.7644	long leg	$669K	$1.5M	5x
Bybit LITUSDT	−0.0296%	4h	4.7630	−0.029%	$43.1M	$30.6M	75x	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	−0.0296%	4h	4.7469	−0.368%	$906K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.162%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7583	−0.128%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0020%	8h	4.7627	−0.035%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	−0.0006%	1h	4.7605	−0.082%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7699	+0.115%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7666	+0.046%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7659	+0.030%	$830K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0014%	1h	4.7629	−0.030%	$2.2M	$1.7M	10x	as long as short
Aftermath Perps LITUSDshort	+0.0021%	1h	4.7574	−0.147%	$12K	$199K	10x
Polymarket Perps LIT-USD	+0.0031%	1h	4.7642	−0.004%	$450K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.831%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0038%	4h	4.7597	−0.099%	$290K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0044%	4h	4.7632	−0.025%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0044%	4h	4.7614	−0.062%	$75.4M	$81.3M	75x	as long as short
Extended LIT-USD	+0.0048%	1h	4.7633	−0.023%	$5.3M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0056%	1h	4.7602	−0.088%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7727	+0.174%	$59.8M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7728	+0.176%	$212.0M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7717	+0.153%	$12.8M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7675	+0.065%	$588K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7633	−0.023%	$117K	$449K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7660	+0.034%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7680	+0.076%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7653	+0.018%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7690	+0.097%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7721	+0.162%	$191K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.399%	$119K	$6K	10x	as long as short
Perpl LIT	+0.0112%	43m	4.7684	+0.084%	$32K	$839K	33x	as long as short
BloFin LIT-USDT	+0.0160%	4h	4.7593	−0.107%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7680	+0.075%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0424%	1h	4.7750	+0.222%	$3.8M	$14.2M	5x	as long as short