Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.008%

Price spread now: Derive against Aster+0.062%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Derive

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. Derive is 0.062% dearer against Aster than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.6934	0.0188	pay 0.0094% / 4h	1h 35m	$12.6M	$2.0M	50x
Short	Derive LIT-PERP	4.6963	0.0100	get 0.0013% / 1h	35m 22s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.062%Rate

Funding earned: −$18.58
Price spread: +0.062% → 0.000%: $6.17
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$26.41
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 4 min ago; Derive: no order-book sample. 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 Aster live order book, 4 min ago	2.45 bp	9.4 bp −$9	21.7 bp −$217	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6870	−0.136%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0282%	1h	4.6919	−0.032%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.6877	−0.122%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0174%	1h	4.6932	−0.005%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6890	−0.094%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6850	−0.179%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	−0.146%	$658K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6941	+0.015%	$25.3M	$61.7M	50x	as long as short
ApeX Omni LITUSDT	+0.0002%	1h	4.6780	−0.328%	$56K	$76K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6942	+0.018%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	+0.0006%	4h	4.6857	−0.164%	$5.2M	$1.1M	30x	as long as short
dYdX LIT-USD	+0.0010%	1h	4.6881	−0.113%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0019%	4h	4.6850	−0.179%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	+0.0026%	4h	4.6810	−0.264%	$908K	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.356%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0069%	8h	4.6845	−0.190%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0078%	1h	4.6925	−0.019%	$685K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6898	−0.077%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6894	−0.084%	$782K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6885	−0.104%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6965	+0.066%	$209.8M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6857	−0.164%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6910	−0.051%	$74.6M	$78.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6940	+0.013%	$41.6M	$28.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6871	−0.134%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.219%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6879	−0.117%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6920	−0.030%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6771	−0.347%	$285K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6926	−0.017%	$444K	$104K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.6963	+0.062%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.6835	−0.211%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6875	−0.126%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6935	+0.002%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6842	−0.196%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6913	−0.045%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.6914	−0.043%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDTlong	+0.0188%	4h	4.6934	long leg	$12.6M	$2.0M	50x
Aftermath Perps LITUSD	+0.0246%	1h	4.6825	−0.232%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6801	−0.283%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0411% / S −0.0208%	1h	4.6947	+0.028%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6905	−0.062%	$31K	$827K	33x	as long as short