Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0251%/8h= +27.5% APRnext payment +$1.26 per $10,000 · paid last 24h +0.090%
Price spread now: Aster against Bybit+0.125%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$570.568% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.141%+$14 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.125%, 7d avg +0.072%
Together, before fees+0.138%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.053% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.072%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.141% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.80600.0064pay 0.0032% / 4h2h 20m$41.7M$25.0M75x
ShortAster LITUSDT4.81200.0316get 0.0158% / 4h2h 20m$12.9M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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

Funding earned
$52.81
Price spread: +0.125% → +0.072%
$5.32
Slippage, 4 orders
−$37.85
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$1.28
Costs to cover
0.568%
Break-even
6.8 days
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.04 bp19.0 bp −$1962.0 bp −$620doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago1.97 bp8.3 bp −$825.0 bp −$250doesn't fitdoesn't fit

LIT on 41 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_LIT_USDC−0.0369%4h4.7999−0.127%$33K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0360%1h4.7913−0.306%$607K$304K50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0339%1h4.8052−0.017%$42K$29K10xas long as short
01 Exchange LITUSD−0.0328%1h4.8033−0.056%$31K$3K5xas long as short
Bullet LIT-USD−0.0188%1h4.8061+0.002%$86K$46K20xas long as short
ApeX Omni LITUSDT−0.0138%1h4.8000−0.125%$58K$78K50xas long as short
OKX LIT-USDT-SWAP−0.0109%4h4.8067+0.015%$26.1M$54.9M50xas long as short
Backpack LIT_USDC_PERP−0.0060%1h4.8058−0.004%$685K$869K5xas long as short
GRVT LIT_USDT_Perp−0.0018%4h4.8069+0.020%$897K$1.9M10xas long as short
dYdX LIT-USD0.0000%1h4.8080+0.041%$35K5xas long as short
Show all 41 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT0.0000%1h4.8079+0.040%$206K$284K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8073+0.027%$36K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040−0.042%$422$178K5.5xas long as short
Gate LIT_USDT+0.0044%4h4.8080+0.042%$2.8M$3.8M50xas long as short
Bybit LITUSDTlong+0.0064%4h4.8060long leg$41.7M$25.0M75x
RISEx LIT/USDC+0.0072%1h4.8097+0.076%$820K$2.3M5xas long as short
Extended LIT-USD+0.0088%1h4.8035−0.051%$5.0M$4.7M25xas long as short
Lighter LIT+0.0096%1h4.8091+0.065%$60.0M$23.9M5xas long as short
Paradex LIT-USD-PERP+0.0099%8h4.8020−0.084%$7K$1K5xas long as short
Nado LIT-PERP+0.0100%1h4.8055−0.010%$2.1M$1.5M10xas long as short
Hyperliquid LIT+0.0100%1h4.8126+0.136%$217.6M$34.7M5xas long as short
Pacifica LIT+0.0100%1h4.8048−0.025%$641K$1.5M10xas long as short
Binance LITUSDT+0.0100%4h4.8049−0.023%$77.5M$67.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.8088+0.058%$131K$368K5xas long as short
Bulk LIT-USD+0.0100%1h4.8031−0.060%$157K$37K10xas long as short
MEXC LIT_USDT+0.0100%4h4.8045−0.031%$6.2M$3.8M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.8093+0.069%$5.5M$728K30xas long as short
Bitget LITUSDT+0.0100%4h4.8080+0.042%$6.9M$2.2M20xas long as short
edgeX LITUSDC+0.0100%4h4.8017−0.090%$294K$302K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8066+0.012%$448K$83K10xas long as short
SunX LIT-USDT+0.0100%4h4.8040−0.042%$4K$1.0M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8054−0.012%$1K$294K5xas long as short
HTX LIT-USDT+0.0100%4h4.8107+0.098%$193K$270K30xas long as short
Phemex LITUSDT+0.0100%4h4.8040−0.042%$1.4M$2.7M20xas long as short
Aevo LIT-PERP+0.0104%1h4.8031−0.061%$150K3xas long as short
Aster LITUSDTshort+0.0316%4h4.8120+0.125%$12.9M$1.8M50x
BloFin LIT-USDT+0.0340%4h4.8049−0.023%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0392%1h4.8137+0.160%$3.8M$11.5M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.8076+0.034%$64K50xas long as short
Perpl LIT+0.0447%43m4.8090+0.061%$29K$574K33xas long as short
Aftermath Perps LITUSD+0.0448%1h4.8080+0.042%$9K$186K10xas long as short