Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0129%/8h= +14.2% APRpaid last 24h +0.015%

Price spread now: Aster against Derive+0.203%7-day average — · you sell dearer than you buy

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

Long on Derive Short on Aster

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 +$4 a day on $10k at the current rate, and Aster is 0.203% dearer against Derive than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive LIT-PERP	4.8607	0.0100	pay 0.0013% / 1h	16m 53s	$2K	—	6.7x
Short	Aster LITUSDT	4.8705	0.0229	get 0.0115% / 4h	2h 16m	$13.1M	$2.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Derive. 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 DerivebpFee AsterbpOrdersPrice spread, now +0.203%Rate

Funding earned: $27.18
Price spread: +0.203% → 0.000%: $20.26
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: $33.44
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Derive: no order-book sample; Aster: live order book, 2 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	2.37 bp	6.9 bp −$7	17.5 bp −$175	doesn't fit	doesn't fit

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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.8470	−0.280%	$613K	$370K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0354%	4h	4.8562	−0.092%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0322%	1h	4.8591	−0.031%	$43K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0208%	1h	4.8621	+0.030%	$32K	$4K	5x	as long as short
Bullet LIT-USD	−0.0163%	1h	4.8554	−0.108%	$87K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0144%	4h	4.8635	+0.059%	$26.2M	$63.0M	50x	as long as short
Phemex LITUSDT	−0.0118%	4h	4.8570	−0.075%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	−0.0110%	4h	4.8366	−0.495%	$902K	$1.9M	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.8725	+0.244%	$210K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8652	+0.094%	$845K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.8640	+0.069%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8604	−0.005%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−1.165%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0048%	4h	4.8631	+0.050%	$5.5M	$1.0M	30x	as long as short
Bybit LITUSDT	+0.0072%	4h	4.8620	+0.028%	$42.2M	$28.8M	75x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8620	+0.027%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8634	+0.057%	$60.6M	$28.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8595	−0.023%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8675	+0.142%	$623K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8637	+0.063%	$78.1M	$77.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8680	+0.151%	$121K	$471K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7822	−1.614%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8630	+0.048%	$2.8M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8608	+0.003%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8660	+0.110%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8598	−0.018%	$682K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8045	−1.154%	$294K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8420	−0.384%	$58K	$75K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8607	+0.001%	$456K	$84K	10x	as long as short
Derive LIT-PERPlong	+0.0100%	1h	4.8607	long leg	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.8568	−0.079%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8592	−0.030%	$1K	$336K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8656	+0.102%	$202K	$342K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8595	−0.024%	$5.3M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8591	−0.032%	$152K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.8654	+0.098%	$3.7M	$13.3M	5x	as long as short
Hyperliquid LIT	+0.0227%	1h	4.8736	+0.266%	$219.7M	$41.1M	5x	as long as short
Aster LITUSDTshort	+0.0229%	4h	4.8705	+0.203%	$13.1M	$2.0M	50x
Aftermath Perps LITUSD	+0.0232%	1h	4.8185	−0.866%	$9K	$217K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8639	+0.067%	$1.6M	$2.2M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0429% / S −0.0217%	1h	4.8587	−0.040%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8594	−0.025%	$35K	$686K	33x	as long as short