Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0277%/8h= −30.3% APRpaid last 24h −0.092%

Price spread now: Aster against GMX+0.067%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Aster is 0.067% dearer against GMX than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.7481	L +0.0377% / S −0.0169%	pay 0.0047% / 1h	34m 39s	$62K	—	50x
Short	Aster LITUSDT	4.7513	0.0100	get 0.0050% / 4h	34m 39s	$12.7M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$58.2
Price spread: +0.067% → 0.000%: $6.67
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$71.53
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aster: live order book, 4 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 GMX no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	2.00 bp	8.3 bp −$8	18.8 bp −$188	doesn't fit	doesn't fit

GMX: 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
Gate LIT_USDT	−0.0902%	4h	4.7500	+0.040%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0771%	1h	4.7446	−0.074%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0595%	4h	4.7391	−0.190%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7462	−0.040%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0430%	4h	4.7463	−0.038%	$25.7M	$63.8M	50x	as long as short
Phemex LITUSDT	−0.0387%	4h	4.7450	−0.065%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0331%	1h	4.7453	−0.059%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0216%	4h	4.7497	+0.033%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.268%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0114%	4h	4.7550	+0.145%	$904K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0078%	4h	4.7460	−0.044%	$42.8M	$30.0M	75x	as long as short
Phoenix LIT	−0.0050%	1h	4.7501	+0.042%	$206K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7492	+0.024%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7492	+0.023%	$31K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7494	+0.027%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7522	+0.087%	$818K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0017%	8h	4.7436	−0.095%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.177%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0079%	4h	4.7460	−0.044%	$289K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0082%	4h	4.7443	−0.080%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0083%	4h	4.7435	−0.097%	$75.6M	$81.4M	75x	as long as short
Aftermath Perps LITUSD	+0.0088%	1h	4.7607	+0.265%	$13K	$203K	10x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.7424	−0.120%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7516	+0.074%	$59.7M	$29.9M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7490	+0.019%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDTshort	+0.0100%	4h	4.7513	+0.067%	$12.7M	$2.4M	50x
Pacifica LIT	+0.0100%	1h	4.7473	−0.017%	$591K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7464	−0.036%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7635	+0.325%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7480	−0.002%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7507	+0.055%	$674K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7530	+0.103%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7485	+0.008%	$449K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7481	0.000%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7477	−0.009%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7453	−0.059%	$997	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7569	+0.185%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7447	−0.072%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7543	+0.130%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0218%	1h	4.7538	+0.120%	$213.1M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0322%	4h	4.7429	−0.110%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0377% / S −0.0169%	1h	4.7481	long leg	$62K	—	50x