Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0642%/8h= −70.3% APRpaid last 24h −0.123%

Price spread now: OKX against Aftermath Perps−0.281%7-day average −0.136% · 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−$100as in the Price arb table

costs, in and out, $10k−$850.851% of the position

Long on Aftermath Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.524%−$52 on $10k

Price spread, last 4 days (all we have)−1.426%−$143 · spread now −0.281%, 7d avg −0.136%

Together, before fees−1.950%−$195 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and OKX is 0.145% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.136%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LITUSD	4.7894	0.0474	pay 0.0059% / 1h	29m 50s	$10K	$199K	10x
Short	OKX LIT-USDT-SWAP	4.7760	−0.0168	pay 0.0084% / 4h	3h 29m	$25.8M	$58.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aftermath Perps. 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 Aftermath PerpsbpFee OKXbpOrdersPrice spread, now −0.281%Rate

Funding earned: −$134.89
Price spread: −0.281% → −0.136%: −$14.46
Slippage, 4 orders: −$66.11
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$234.46
Costs to cover: 0.851%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 4 min ago; OKX: live order book, 4 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 Aftermath Perps live order book, 4 min ago	4.02 bp	34.5 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.10 bp	12.6 bp −$13	33.3 bp −$333	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	−0.0512%	1h	4.7632	−0.548%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0426%	4h	4.7979	+0.176%	$894K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0397%	4h	4.7632	−0.548%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.091%	$607K	$349K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0301%	1h	4.7702	−0.403%	$42K	$39K	10x	as long as short
Gate LIT_USDT	−0.0290%	4h	4.7780	−0.239%	$2.8M	$4.0M	50x	as long as short
Bullet LIT-USD	−0.0232%	1h	4.7679	−0.449%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAPshort	−0.0168%	4h	4.7760	−0.281%	$25.8M	$58.8M	50x
ApeX Omni LITUSDT	−0.0166%	1h	4.7760	−0.281%	$57K	$75K	50x	as long as short
Backpack LIT_USDC_PERP	−0.0078%	1h	4.7759	−0.283%	$681K	$985K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0056%	4h	4.7770	−0.260%	$41.5M	$27.1M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7622	−0.569%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7759	−0.284%	$35K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7780	−0.239%	$205K	$288K	5x	as long as short
Nado LIT-PERP	+0.0022%	1h	4.7620	−0.573%	$2.1M	$1.6M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.304%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7694	−0.418%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7769	−0.262%	$59.5M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7788	−0.222%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7800	−0.197%	$215.7M	$38.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7744	−0.314%	$671K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7725	−0.354%	$76.7M	$73.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7722	−0.360%	$126K	$419K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7909	+0.030%	$121K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7756	−0.289%	$6.2M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7742	−0.318%	$5.4M	$888K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7780	−0.239%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7803	−0.192%	$293K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7646	−0.519%	$444K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.365%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7685	−0.437%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7775	−0.249%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7836	−0.122%	$192K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7710	−0.385%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7743	−0.315%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7748	−0.306%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7758	−0.285%	$796K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0265%	4h	4.7786	−0.227%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7763	−0.273%	$32K	$629K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7686	−0.435%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7758	−0.284%	$64K	—	50x	as long as short
Aftermath Perps LITUSDlong	+0.0474%	1h	4.7894	long leg	$10K	$199K	10x