Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.011%

Price spread now: Aevo against Aster−0.241%49s7-day average −0.126% · 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—prices read too far apart to compare

costs, in and out, $10k−$1031.033% of the position

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.241%, 7d avg −0.126%

Together, before fees+0.066%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.114% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.126%). Swap the legs. The two prices were read 49 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	Aster LITUSDT	4.7318	0.0233	pay 0.0117% / 4h	3h 01m	$12.7M	$1.9M	50x
Short	Aevo LIT-PERP	4.7204	0.0104	get 0.0013% / 1h	1m 32s	$148K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.241%Rate

Funding earned: −$27.11
Price spread: −0.241% → −0.126%: −$11.44
Slippage, 4 orders: −$79.32
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$141.87
Costs to cover: 1.033%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Aevo: live order book, 52 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 Aster live order book, 2 min ago	1.80 bp	9.7 bp −$10	23.2 bp −$232	doesn't fit	doesn't fit
Sell Aevo live order book, 52 min ago	26.44 bp	42.0 bp −$42	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	−0.0596%	1h	4.7223	−0.200%	$41K	$40K	10x	as long as short
Phemex LITUSDT	−0.0405%	4h	4.7200	−0.249%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.7163	−0.328%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0384%	1h	4.7226	−0.194%	$31K	$5K	5x	as long as short
Bullet LIT-USD	−0.0337%	1h	4.7215	−0.218%	$84K	$67K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.933%	$607K	$357K	50x	as long as short
Bybit LITUSDT	−0.0212%	4h	4.7284	−0.072%	$41.2M	$28.6M	75x	as long as short
ApeX Omni LITUSDT	−0.0143%	1h	4.7170	−0.313%	$56K	$74K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0106%	4h	4.7286	−0.068%	$25.5M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0026%	4h	4.7254	−0.135%	$5.3M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0017%	1h	4.7286	−0.068%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7310	−0.017%	$792K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7341	+0.050%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7263	−0.116%	$31K	$704K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7267	−0.109%	$11K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0010%	4h	4.7206	−0.238%	$909K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.526%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7253	−0.138%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7347	+0.061%	$59.0M	$28.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7275	−0.091%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7347	+0.061%	$211.4M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7287	−0.066%	$576K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7260	−0.123%	$75.8M	$77.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7280	−0.080%	$115K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7207	−0.235%	$118K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7280	−0.080%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7243	−0.159%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7310	−0.017%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7252	−0.139%	$662K	$1.2M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7216	−0.215%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7221	−0.205%	$444K	$87K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7264	−0.113%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7215	−0.218%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7234	−0.178%	$1K	$358K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7254	−0.135%	$200K	$348K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7272	−0.097%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7204	−0.241%	$148K	—	3x
Lighter RH LIT	+0.0112%	1h	4.7355	+0.078%	$3.8M	$13.2M	5x	as long as short
Aster LITUSDTlong	+0.0233%	4h	4.7318	long leg	$12.7M	$1.9M	50x
BloFin LIT-USDT	+0.0340%	4h	4.7177	−0.298%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0438% / S −0.0231%	1h	4.7272	−0.097%	$65K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0493%	1h	4.7285	−0.070%	$9K	$204K	10x	as long as short