Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.042%

Price spread now: Aftermath Perps against BloFin−0.301%7-day average +0.147% · 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−$116as in the Price arb table

costs, in and out, $10k−$710.715% of the position

Long on BloFin Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.105%+$11 on $10k

Price spread, last 4 days (all we have)+0.570%+$57 · spread now −0.301%, 7d avg +0.147%

Together, before fees+0.675%+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.448% cheaper against BloFin than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of +0.147%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.105%, 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	BloFin LIT-USDT	4.6927	0.0340	pay 0.0170% / 4h	29m 00s	$1.5M	$1.9M	75x
Short	Aftermath Perps LITUSD	4.6786	0.0230	get 0.0029% / 1h	29m 00s	$9K	$207K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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 BloFinbpFee Aftermath PerpsbpOrdersPrice spread, now −0.301%Rate

Funding earned: −$23.16
Price spread: −0.301% → +0.147%: −$44.75
Slippage, 4 orders: −$50.48
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$139.39
Costs to cover: 0.715%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Aftermath Perps: live order book, 30 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 BloFin live order book, 4 min ago	0.86 bp	7.5 bp −$8	9.4 bp −$94	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 30 min ago	4.02 bp	19.5 bp −$20	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
01 Exchange LITUSD	−0.0464%	1h	4.6963	+0.077%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0396%	1h	4.6993	+0.140%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6930	+0.006%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0277%	1h	4.6972	+0.097%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0214%	4h	4.6990	+0.134%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.169%	$612K	$398K	50x	as long as short
Extended LIT-USD	−0.0096%	1h	4.6973	+0.097%	$5.1M	$5.0M	25x	as long as short
Bybit LITUSDT	−0.0074%	4h	4.6975	+0.102%	$41.3M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0071%	4h	4.6960	+0.070%	$1.4M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0046%	1h	4.6987	+0.128%	$657K	$1.4M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.6885	−0.090%	$202K	$305K	5x	as long as short
KuCoin LITUSDTM	−0.0002%	4h	4.6974	+0.100%	$5.2M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6972	+0.095%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7000	+0.156%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0005%	4h	4.6970	+0.092%	$25.2M	$61.6M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.372%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0035%	1h	4.6990	+0.134%	$2.2M	$1.7M	10x	as long as short
ApeX Omni LITUSDT	+0.0065%	1h	4.6660	−0.569%	$56K	$76K	50x	as long as short
Polymarket Perps LIT-USD	+0.0070%	1h	4.6976	+0.104%	$439K	$110K	10x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.6961	+0.073%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6984	+0.120%	$791K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7001	+0.158%	$58.5M	$28.7M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7052	+0.266%	$3.6M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7031	+0.222%	$210.4M	$42.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6991	+0.136%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6977	+0.107%	$75.1M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6974	+0.100%	$115K	$456K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6947	+0.043%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6970	+0.092%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6855	−0.153%	$287K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6887	−0.085%	$903K	$1.8M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7016	+0.190%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6970	+0.092%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6990	+0.134%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6936	+0.019%	$198K	$387K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6576	−0.748%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6972	+0.096%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0206%	4h	4.7055	+0.273%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSDshort	+0.0230%	1h	4.6786	−0.301%	$9K	$207K	10x
Perpl LIT	+0.0335%	43m	4.6996	+0.147%	$31K	$780K	33x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.6927	long leg	$1.5M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0419% / S −0.0217%	1h	4.6986	+0.126%	$63K	—	50x	as long as short