Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0217%/8h= +23.8% APRpaid last 24h +0.115%

Price spread now: Aftermath Perps against Bybit+0.042%7-day average +0.134% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1041.037% of the position

Long on Bybit Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.407%+$41 on $10k

Price spread, last 3 days (all we have)+1.145%+$114 · spread now +0.042%, 7d avg +0.134%

Together, before fees+1.551%+$155 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.092% cheaper against Bybit than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.134%). If the spread goes back, that is −$9 on $10k: about 34 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.407% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7590	−0.0284	get 0.0142% / 4h	2h 14m	$43.0M	$30.7M	75x
Short	Aftermath Perps LITUSD	4.7610	−0.0067	pay 0.0008% / 1h	14m 55s	$12K	$199K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bybit. 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 BybitbpFee Aftermath PerpsbpOrdersPrice spread, now +0.042%Rate

Funding earned: $45.61
Price spread: +0.042% → +0.134%: −$9.18
Slippage, 4 orders: −$83.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$67.28
Costs to cover: 1.037%
Break-even: 17.3 days

Slippage from Bybit: live order book, 4 min ago; Aftermath Perps: live order book, 9 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 Bybit live order book, 4 min ago	2.10 bp	28.8 bp −$29	66.1 bp −$661	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 9 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	−0.1042%	1h	4.7605	+0.031%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0611%	4h	4.7562	−0.059%	$33K	$2K	10x	as long as short
Gate LIT_USDT	−0.0570%	4h	4.7600	+0.021%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0568%	4h	4.7580	−0.021%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7551	−0.082%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0344%	1h	4.7594	+0.008%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0332%	4h	4.7576	−0.029%	$25.1M	$62.3M	50x	as long as short
Bybit LITUSDTlong	−0.0284%	4h	4.7590	long leg	$43.0M	$30.7M	75x
KuCoin LITUSDTM	−0.0278%	4h	4.7645	+0.116%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0250%	4h	4.7582	−0.017%	$901K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0244%	1h	4.7637	+0.099%	$669K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.276%	$660K	$404K	50x	as long as short
Aftermath Perps LITUSDshort	−0.0067%	1h	4.7610	+0.042%	$12K	$199K	10x
Phoenix LIT	−0.0050%	1h	4.7660	+0.147%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7563	−0.056%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	−0.0020%	1h	4.7594	+0.008%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7647	+0.119%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7659	+0.145%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7639	+0.103%	$830K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0021%	1h	4.7612	+0.046%	$450K	$105K	10x	as long as short
Nado LIT-PERP	+0.0022%	1h	4.7585	−0.011%	$2.2M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.946%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0044%	4h	4.7568	−0.046%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0045%	4h	4.7556	−0.072%	$75.3M	$81.5M	75x	as long as short
edgeX LITUSDC	+0.0046%	4h	4.7599	+0.018%	$290K	$312K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7581	−0.019%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7689	+0.208%	$59.8M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7701	+0.233%	$212.4M	$45.4M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7680	+0.189%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7640	+0.105%	$587K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7609	+0.040%	$117K	$449K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7620	+0.063%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7650	+0.126%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7654	+0.134%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7624	+0.071%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7651	+0.128%	$191K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.286%	$119K	$6K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7573	−0.036%	$5.3M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7665	+0.158%	$32K	$839K	33x	as long as short
BloFin LIT-USDT	+0.0182%	4h	4.7612	+0.046%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7651	+0.128%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0432%	1h	4.7711	+0.254%	$3.8M	$14.2M	5x	as long as short