Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.010%

Price spread now: Arcus against Aster−0.272%56s7-day average −0.052% · 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−$340.344% of the position

Long on Aster Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.272%, 7d avg −0.052%

Together, before fees+0.040%+ Points / potential airdropAster: Stage 5 · farm board+$4 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 Arcus is 0.219% cheaper against Aster than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.052%). Swap the legs. The two prices were read 56 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	4.7476	0.0238	pay 0.0119% / 4h	2h 59m	$12.7M	$1.9M	50x
Short	Arcus LIT-USD	4.7347	0.0100	get 0.0013% / 1h	59m 46s	$115K	$451K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.272%Rate

Funding earned: −$28.98
Price spread: −0.272% → −0.052%: −$21.92
Slippage, 4 orders: −$21.91
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$85.32
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Arcus: live order book, 54 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, 4 min ago	1.80 bp	9.7 bp −$10	23.2 bp −$232	doesn't fit	doesn't fit
Sell Arcus live order book, 54 min ago	4.65 bp	8.6 bp −$9	11.3 bp −$113	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	−0.0604%	1h	4.7387	−0.188%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.7323	−0.322%	$32K	$1K	10x	as long as short
Phemex LITUSDT	−0.0386%	4h	4.7350	−0.265%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0384%	1h	4.7320	−0.329%	$31K	$5K	5x	as long as short
Bullet LIT-USD	−0.0343%	1h	4.7379	−0.204%	$85K	$67K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−1.263%	$607K	$354K	50x	as long as short
Bybit LITUSDT	−0.0203%	4h	4.7363	−0.238%	$41.3M	$28.6M	75x	as long as short
ApeX Omni LITUSDT	−0.0143%	1h	4.7170	−0.645%	$56K	$74K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0107%	4h	4.7368	−0.227%	$25.5M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0024%	4h	4.7377	−0.209%	$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	−0.400%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7367	−0.230%	$793K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7391	−0.178%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7400	−0.161%	$31K	$704K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7418	−0.122%	$11K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0010%	4h	4.7206	−0.570%	$909K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.188%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7315	−0.338%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7454	−0.046%	$59.2M	$27.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7330	−0.308%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7454	−0.046%	$211.9M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7376	−0.211%	$577K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7349	−0.268%	$76.0M	$77.6M	75x	as long as short
Arcus LIT-USDshort	+0.0100%	1h	4.7347	−0.272%	$115K	$451K	5x
Bulk LIT-USD	+0.0100%	1h	4.7207	−0.567%	$118K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7370	−0.223%	$2.8M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7345	−0.276%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7400	−0.160%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7412	−0.135%	$664K	$1.2M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7216	−0.547%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7374	−0.215%	$445K	$87K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7419	−0.121%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7375	−0.213%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7399	−0.162%	$1K	$349K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7426	−0.105%	$201K	$348K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7467	−0.019%	$3.8M	$12.8M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7329	−0.309%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7371	−0.221%	$148K	—	3x	as long as short
Aster LITUSDTlong	+0.0238%	4h	4.7476	long leg	$12.7M	$1.9M	50x
BloFin LIT-USDT	+0.0340%	4h	4.7260	−0.455%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0438% / S −0.0231%	1h	4.7420	−0.117%	$66K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0494%	1h	4.7301	−0.369%	$9K	$204K	10x	as long as short