Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0060%/8hnext payment −$0.30 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against Aster−0.295%80s7-day average −0.062% · 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−$380.384% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.075%−$7 on $10k

Price spread, last 3 days (all we have)+0.611%+$61 · spread now −0.295%, 7d avg −0.062%

Together, before fees+0.536%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$54 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.234% cheaper against Aster than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.062%). Swap the legs. The two prices were read 80 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	4.8055	0.0160	pay 0.0080% / 4h	6m 08s	$12.8M	$2.6M	50x
Short	edgeX LITUSDC	4.7913	0.0100	get 0.0050% / 4h	6m 08s	$292K	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.295%Rate

Funding earned: −$12.65
Price spread: −0.295% → −0.062%: −$23.38
Slippage, 4 orders: −$21.44
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$74.47
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; edgeX: live order book, 26 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	1.98 bp	8.2 bp −$8	30.1 bp −$301	doesn't fit	doesn't fit
Sell edgeX live order book, 26 min ago	5.44 bp	10.9 bp −$11	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	−0.0845%	1h	4.7967	−0.184%	$32K	$22K	10x	as long as short
01 Exchange LITUSD	−0.0640%	1h	4.7966	−0.185%	$33K	$5K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0485%	4h	4.7928	−0.264%	$33K	$2K	10x	as long as short
Bullet LIT-USD	−0.0447%	1h	4.7993	−0.128%	$87K	$79K	20x	as long as short
Phemex LITUSDT	−0.0444%	4h	4.7950	−0.218%	$1.3M	$2.7M	20x	as long as short
Bybit LITUSDT	−0.0335%	4h	4.7995	−0.125%	$43.7M	$29.7M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0284%	4h	4.7968	−0.181%	$25.6M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0244%	4h	4.7960	−0.198%	$5.3M	$1.1M	30x	as long as short
ApeX Omni LITUSDT	−0.0200%	1h	4.7920	−0.281%	$59K	$79K	50x	as long as short
SoDEX LIT-USD	−0.0189%	1h	4.7960	−0.198%	$996	$478K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0154%	4h	4.7970	−0.177%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.7963	−0.191%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	−0.034%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7899	−0.324%	$898K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0010%	8h	4.7927	−0.266%	$5K	$1K	5x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.8010	−0.095%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8021	−0.071%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.614%	$419	$125K	5.5x	as long as short
Bulk LIT-USD	+0.0046%	1h	4.7925	−0.271%	$121K	$7K	10x	as long as short
RISEx LIT/USDC	+0.0061%	1h	4.8025	−0.062%	$834K	$2.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0080%	1h	4.7962	−0.193%	$11K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8037	−0.037%	$59.9M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0098%	1h	4.7990	−0.135%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7995	−0.125%	$212.9M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8037	−0.037%	$599K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7948	−0.222%	$75.3M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7985	−0.146%	$118K	$452K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7945	−0.229%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8030	−0.052%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7982	−0.152%	$671K	$1.5M	5x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7913	−0.295%	$292K	$313K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.8021	−0.071%	$453K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8006	−0.101%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7989	−0.137%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7924	−0.273%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7951	−0.216%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7902	−0.318%	$150K	$44K	3x	as long as short
Aster LITUSDTlong	+0.0160%	4h	4.8055	long leg	$12.8M	$2.6M	50x
Lighter RH LIT	+0.0184%	1h	4.8052	−0.006%	$3.8M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7956	−0.206%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0429% / S −0.0232%	1h	4.8040	−0.031%	$60K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8034	−0.045%	$32K	$856K	33x	as long as short