Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.016%

Price spread now: Paradex against Aster−0.194%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 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 · Paradex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.194% cheaper against Aster than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.7148	0.0100	pay 0.0050% / 4h	2h 46m	$12.6M	$2.1M	50x
Short	Paradex LIT-USD-PERP	4.7057	0.0044	get 0.0044% / 8h	6h 46m	$7K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.194%Rate

Funding earned: −$11.68
Price spread: −0.194% → 0.000%: −$19.37
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$43.05
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Paradex: 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	1.80 bp	8.5 bp −$9	21.9 bp −$219	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0582%	1h	4.7086	−0.132%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7023	−0.266%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0466%	4h	4.7025	−0.262%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0403%	1h	4.7050	−0.209%	$84K	$72K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0184%	1h	4.7104	−0.094%	$683K	$1.4M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0173%	4h	4.7050	−0.209%	$25.6M	$63.9M	50x	as long as short
Gate LIT_USDT	−0.0158%	4h	4.7080	−0.145%	$2.8M	$4.2M	50x	as long as short
KuCoin LITUSDTM	−0.0134%	4h	4.7044	−0.221%	$5.2M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0122%	4h	4.7120	−0.060%	$895K	$1.8M	10x	as long as short
Phoenix LIT	−0.0102%	1h	4.7162	+0.029%	$203K	$352K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	+0.128%	$668K	$387K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7122	−0.055%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7098	−0.106%	$471	—	150x	as long as short
Bulk LIT-USD	+0.0028%	1h	4.6991	−0.333%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.891%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERPshort	+0.0044%	8h	4.7057	−0.194%	$7K	$2K	5x
RISEx LIT/USDC	+0.0081%	1h	4.7104	−0.094%	$785K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7135	−0.028%	$59.0M	$29.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7042	−0.225%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7150	+0.003%	$211.3M	$44.3M	5x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7148	long leg	$12.6M	$2.1M	50x
Pacifica LIT	+0.0100%	1h	4.7094	−0.115%	$584K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7031	−0.249%	$75.1M	$80.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7051	−0.206%	$42.3M	$29.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7077	−0.151%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7020	−0.272%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7070	−0.166%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7154	+0.012%	$287K	$306K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7150	+0.003%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7060	−0.187%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7113	−0.074%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7088	−0.128%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7070	−0.166%	$1K	$457K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7032	−0.247%	$188K	$354K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7060	−0.187%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7011	−0.292%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7040	−0.231%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0120%	1h	4.7165	+0.035%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0339%	1h	4.7110	−0.081%	$9K	$209K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7139	−0.020%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0403% / S −0.0195%	1h	4.7099	−0.106%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7081	−0.142%	$31K	$861K	33x	as long as short