Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0444%/8h= +48.7% APRpaid last 24h +0.198%

Price spread now: Aster against Deribit+0.117%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Aster

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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aster is 0.117% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7319	−0.0232	get 0.0029% / 1h	44m 09s	$42K	$40K	10x
Short	Aster LITUSDT	4.7374	0.0213	get 0.0106% / 4h	2h 44m	$12.7M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now +0.117%Rate

Funding earned: $93.31
Price spread: +0.117% → 0.000%: $11.7
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: $90.01
Costs to cover: 0.150%
Break-even: 0.2 days

Slippage unknown: Deribit: no order-book sample; Aster: live order book, 5 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	2.84 bp	8.1 bp −$8	17.5 bp −$175	doesn't fit	doesn't fit

Deribit: 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	4.7300	−0.039%	$612K	$358K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.7263	−0.118%	$32K	$1K	10x	as long as short
Phemex LITUSDT	−0.0345%	4h	4.7310	−0.018%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.7292	−0.056%	$31K	$5K	5x	as long as short
Deribit LIT_USDC-PERPETUALlong	−0.0232%	1h	4.7319	long leg	$42K	$40K	10x
GRVT LIT_USDT_Perp	−0.0216%	4h	4.7370	+0.109%	$897K	$1.8M	10x	as long as short
Bullet LIT-USD	−0.0157%	1h	4.7312	−0.014%	$85K	$68K	20x	as long as short
Bybit LITUSDT	−0.0146%	4h	4.7310	−0.018%	$41.2M	$28.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0139%	4h	4.7297	−0.046%	$25.4M	$60.6M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7396	+0.164%	$204K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0016%	4h	4.7349	+0.064%	$5.3M	$1.0M	30x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.7349	+0.063%	$819K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7382	+0.134%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7348	+0.062%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.525%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7287	−0.067%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7364	+0.096%	$59.1M	$27.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7320	+0.003%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7397	+0.166%	$211.9M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7359	+0.086%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7286	−0.070%	$75.9M	$77.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7367	+0.102%	$116K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7722	+0.853%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7330	+0.024%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7303	−0.033%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7370	+0.109%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7328	+0.020%	$663K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7412	+0.196%	$290K	$305K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7360	+0.087%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7342	+0.049%	$445K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7332	+0.029%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7303	−0.033%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7308	−0.022%	$1K	$350K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7384	+0.138%	$200K	$348K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7300	−0.040%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7301	−0.038%	$148K	—	3x	as long as short
Lighter RH LIT	+0.0120%	1h	4.7371	+0.111%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDTshort	+0.0213%	4h	4.7374	+0.117%	$12.7M	$1.9M	50x
BloFin LIT-USDT	+0.0340%	4h	4.7332	+0.028%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0416%	1h	4.7432	+0.241%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0438% / S −0.0231%	1h	4.7328	+0.020%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7354	+0.075%	$31K	$705K	33x	as long as short