Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0444%/8h= +48.7% APRpaid last 24h +0.140%

Price spread now: Aftermath Perps against OKX+0.547%54s7-day average +0.138% · 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—prices read too far apart to compare

costs, in and out, $10k−$910.915% of the position

Long on OKX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.471%+$47 on $10k

Price spread, last 3 days (all we have)+1.160%+$116 · spread now +0.547%, 7d avg +0.138%

Together, before fees+1.631%+$163 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aftermath Perps is 0.408% dearer against OKX than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.138%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LIT-USDT-SWAP	4.7420	−0.0290	get 0.0145% / 4h	2h 54m	$25.1M	$60.6M	50x
Short	Aftermath Perps LITUSD	4.7679	0.0155	get 0.0019% / 1h	54m 31s	$11K	$198K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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 OKXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.547%Rate

Funding earned: $93.31
Price spread: +0.547% → +0.138%: $40.81
Slippage, 4 orders: −$72.47
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $42.66
Costs to cover: 0.915%
Break-even: 3.8 days

Slippage from OKX: live order book, 4 min ago; Aftermath Perps: live order book, 34 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 OKX live order book, 4 min ago	0.53 bp	9.1 bp −$9	28.9 bp −$289	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 34 min ago	4.53 bp	29.7 bp −$30	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	−0.0769%	1h	4.7533	+0.238%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0720%	1h	4.7407	−0.027%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0563%	4h	4.7468	+0.101%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0501%	1h	4.7544	+0.261%	$668K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0479%	4h	4.7510	+0.190%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0352%	1h	4.7414	−0.012%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0334%	4h	4.7464	+0.093%	$5.3M	$1.1M	30x	as long as short
Gate LIT_USDT	−0.0332%	4h	4.7470	+0.105%	$2.8M	$4.5M	50x	as long as short
OKX LIT-USDT-SWAPlong	−0.0290%	4h	4.7420	long leg	$25.1M	$60.6M	50x
GRVT LIT_USDT_Perp	−0.0274%	4h	4.7490	+0.148%	$896K	$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
Bybit LITUSDT	−0.0239%	4h	4.7440	+0.042%	$42.8M	$30.1M	75x	as long as short
SoDEX LIT-USD	−0.0199%	1h	4.7525	+0.221%	$985	$473K	5x	as long as short
Nado LIT-PERP	−0.0187%	1h	4.7420	+0.001%	$2.1M	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.177%	$668K	$408K	50x	as long as short
Phoenix LIT	−0.0067%	1h	4.7677	+0.542%	$246K	$321K	5x	as long as short
Extended LIT-USD	−0.0048%	1h	4.7397	−0.048%	$5.2M	$5.2M	25x	as long as short
Paradex LIT-USD-PERP	−0.0017%	8h	4.7400	−0.041%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7510	+0.190%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7545	+0.263%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7469	+0.103%	$815K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0030%	1h	4.7428	+0.017%	$448K	$104K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.307%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0053%	4h	4.7388	−0.067%	$74.9M	$80.6M	75x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7425	+0.011%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0060%	4h	4.7527	+0.226%	$289K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7500	+0.168%	$149K	$44K	3x	as long as short
ApeX Omni LITUSDT	+0.0083%	1h	4.7490	+0.148%	$56K	$78K	50x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	+0.437%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7450	+0.063%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7496	+0.160%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7494	+0.157%	$596K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7429	+0.019%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7430	+0.021%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7571	+0.319%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7552	+0.278%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7465	+0.095%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7486	+0.140%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0120%	1h	4.7526	+0.224%	$59.6M	$29.5M	5x	as long as short
Aftermath Perps LITUSDshort	+0.0155%	1h	4.7679	+0.547%	$11K	$198K	10x
Lighter RH LIT	+0.0160%	1h	4.7534	+0.240%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0218%	4h	4.7425	+0.011%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7535	+0.242%	$60K	—	50x	as long as short