Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h +0.038%

Price spread now: GMX against Aster+0.227%51s7-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 GMX

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.227% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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	4.7298	0.0100	pay 0.0050% / 4h	2h 10m	$12.6M	$2.5M	50x
Short	GMX LIT/USD [ETH-USDC]	4.7405	L +0.0358% / S −0.0155%	get 0.0019% / 1h	10m 36s	$59K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.227%Rate

Funding earned: $11.64
Price spread: +0.227% → 0.000%: $22.72
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $14.37
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Aster: live order book, 3 min ago; GMX: 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, 3 min ago	1.78 bp	8.0 bp −$8	27.5 bp −$275	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Deribit LIT_USDC-PERPETUAL	−0.1375%	1h	4.7314	+0.034%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0616%	4h	4.7287	−0.023%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0606%	4h	4.7290	−0.017%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0593%	4h	4.7320	+0.046%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7138	−0.338%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0357%	1h	4.7365	+0.142%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0352%	4h	4.7213	−0.180%	$25.0M	$61.9M	50x	as long as short
KuCoin LITUSDTM	−0.0300%	4h	4.7303	+0.011%	$5.2M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0295%	4h	4.7240	−0.123%	$42.7M	$30.7M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7505	+0.437%	$902K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0237%	1h	4.7331	+0.070%	$665K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.895%	$660K	$404K	50x	as long as short
Aftermath Perps LITUSD	−0.0115%	1h	4.7519	+0.467%	$12K	$200K	10x	as long as short
SoDEX LIT-USD	−0.0064%	1h	4.7320	+0.046%	$1K	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7633	+0.708%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7179	−0.253%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7268	−0.064%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7414	+0.245%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7261	−0.078%	$813K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0017%	1h	4.7382	+0.178%	$447K	$105K	10x	as long as short
Nado LIT-PERP	+0.0019%	1h	4.7210	−0.186%	$2.1M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.569%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0037%	4h	4.7192	−0.224%	$74.7M	$81.5M	75x	as long as short
MEXC LIT_USDT	+0.0040%	4h	4.7213	−0.180%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0046%	4h	4.7585	+0.606%	$289K	$312K	10x	as long as short
Aevo LIT-PERP	+0.0056%	1h	4.7307	+0.020%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7304	+0.013%	$59.3M	$30.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7316	+0.038%	$210.8M	$45.5M	5x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7298	long leg	$12.6M	$2.5M	50x
Pacifica LIT	+0.0100%	1h	4.7278	−0.042%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7233	−0.137%	$116K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7374	+0.160%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7260	−0.080%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7600	+0.638%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7491	+0.408%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7394	+0.203%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7572	+0.579%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7214	−0.178%	$5.2M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7401	+0.218%	$31K	$842K	33x	as long as short
BloFin LIT-USDT	+0.0163%	4h	4.7287	−0.023%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0358% / S −0.0155%	1h	4.7405	+0.227%	$59K	—	50x
Lighter RH LIT	+0.0416%	1h	4.7336	+0.080%	$3.7M	$14.3M	5x	as long as short