Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0099%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: HTX against Aftermath Perps−0.026%50s7-day average +0.043% · 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−$1021.022% of the position

Long on Aftermath Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.294%−$29 on $10k

Price spread, last 4 days (all we have)−0.205%−$21 · spread now −0.026%, 7d avg +0.043%

Together, before fees−0.499%−$50 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.070% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.043%). Swap the legs. The two prices were read 50 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	Aftermath Perps LITUSD	4.7015	0.0199	pay 0.0025% / 1h	7m 22s	$9K	$205K	10x
Short	HTX LIT-USDT	4.7003	0.0100	get 0.0050% / 4h	1h 07m	$199K	$388K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aftermath Perps. 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 Aftermath PerpsbpFee HTXbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$20.85
Price spread: −0.026% → +0.043%: −$6.95
Slippage, 4 orders: −$81.15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$129.95
Costs to cover: 1.022%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 57 min ago; HTX: live order book, 55 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 Aftermath Perps live order book, 57 min ago	4.01 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 55 min ago	16.13 bp	24.8 bp −$25	142.0 bp −$1,420	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	−0.0564%	1h	4.6870	−0.309%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0378%	4h	4.6842	−0.368%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.6840	−0.373%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0261%	1h	4.6889	−0.269%	$84K	$68K	20x	as long as short
ApeX Omni LITUSDT	−0.0115%	1h	4.6900	−0.245%	$56K	$76K	50x	as long as short
Gate LIT_USDT	−0.0098%	4h	4.6910	−0.224%	$2.7M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7010	−0.011%	$202K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.459%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0017%	4h	4.6930	−0.181%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6939	−0.162%	$11K	—	150x	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	+0.0005%	1h	4.6921	−0.201%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	+0.0018%	4h	4.6881	−0.286%	$25.2M	$61.6M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.180%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0038%	4h	4.6949	−0.141%	$5.2M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0069%	8h	4.6888	−0.270%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0070%	4h	4.6885	−0.277%	$41.6M	$28.5M	75x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.6940	−0.160%	$917K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6943	−0.154%	$58.5M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6962	−0.113%	$3.6M	$13.4M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6910	−0.224%	$782K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6825	−0.405%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6914	−0.215%	$209.7M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6921	−0.200%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6883	−0.281%	$74.7M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6906	−0.232%	$122K	$454K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6860	−0.330%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6890	−0.266%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6960	−0.118%	$665K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6901	−0.242%	$286K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6898	−0.249%	$438K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6917	−0.209%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6848	−0.356%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6867	−0.315%	$2K	$397K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7003	−0.026%	$199K	$388K	30x
Bulk LIT-USD	+0.0100%	1h	4.7305	+0.616%	$118K	$973	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6860	−0.330%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6887	−0.272%	$147K	—	3x	as long as short
Aftermath Perps LITUSDlong	+0.0199%	1h	4.7015	long leg	$9K	$205K	10x
Aster LITUSDT	+0.0215%	4h	4.6970	−0.096%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6917	−0.209%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0416% / S −0.0214%	1h	4.6934	−0.172%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6902	−0.241%	$31K	$806K	33x	as long as short