Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.094%

Price spread now: Aftermath Perps against Bybit−0.230%7-day average +0.137% · 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−$121as in the Price arb table

costs, in and out, $10k−$840.842% of the position

Long on Bybit Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.413%+$41 on $10k

Price spread, last 4 days (all we have)+1.417%+$142 · spread now −0.230%, 7d avg +0.137%

Together, before fees+1.830%+$183 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.367% cheaper against Bybit than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of +0.137%). If the spread goes back, that is −$37 on $10k: about 3.5 days of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7200	−0.0329	get 0.0164% / 4h	3h 54m	$41.3M	$28.9M	75x
Short	Aftermath Perps LITUSD	4.7091	0.0018	get 0.0002% / 1h	54m 18s	$10K	$205K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Position, each leg$Hold fordaysFee BybitbpFee Aftermath PerpsbpOrdersPrice spread, now −0.230%Rate

Funding earned: $72.78
Price spread: −0.230% → +0.137%: −$36.68
Slippage, 4 orders: −$64.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$48.09
Costs to cover: 0.842%
Break-even: 11.6 days

Slippage from Bybit: live order book, 5 min ago; Aftermath Perps: live order book, 65 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 Bybit live order book, 5 min ago	1.06 bp	17.6 bp −$18	57.2 bp −$572	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 65 min ago	4.02 bp	19.5 bp −$20	doesn't fit	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
ApeX Omni LITUSDT	−0.0659%	1h	4.7030	−0.360%	$56K	$76K	50x	as long as short
Nado LIT-PERP	−0.0551%	1h	4.7233	+0.069%	$2.2M	$1.7M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0390%	4h	4.7161	−0.083%	$32K	$1K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0332%	1h	4.7136	−0.136%	$662K	$1.4M	5x	as long as short
Bybit LITUSDTlong	−0.0329%	4h	4.7200	long leg	$41.3M	$28.9M	75x
Phemex LITUSDT	−0.0315%	4h	4.7180	−0.042%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.7240	+0.085%	$33K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0307%	1h	4.7218	+0.039%	$41K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.627%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0225%	1h	4.7205	+0.011%	$84K	$68K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0126%	4h	4.6975	−0.476%	$904K	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7003	−0.417%	$202K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7247	+0.100%	$807K	$2.2M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0006%	4h	4.7209	+0.019%	$25.3M	$61.5M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7291	+0.194%	$34K	—	5x	as long as short
KuCoin LITUSDTM	+0.0002%	4h	4.7191	−0.019%	$5.3M	$1.0M	30x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7250	+0.106%	$11K	—	150x	as long as short
Aftermath Perps LITUSDshort	+0.0018%	1h	4.7091	−0.230%	$10K	$205K	10x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.780%	$422	$178K	5.5x	as long as short
Extended LIT-USD	+0.0056%	1h	4.7202	+0.004%	$5.2M	$5.0M	25x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.7234	+0.072%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7268	+0.144%	$59.0M	$28.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7281	+0.172%	$211.1M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7247	+0.100%	$577K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7204	+0.009%	$75.7M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7237	+0.078%	$118K	$451K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7190	−0.021%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7201	+0.002%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7220	+0.042%	$6.8M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6995	−0.435%	$287K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7220	+0.042%	$441K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7244	+0.094%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7216	+0.034%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7214	+0.030%	$1K	$385K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6909	−0.617%	$198K	$360K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7192	−0.018%	$118K	$8K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7203	+0.006%	$148K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7274	+0.156%	$31K	$761K	33x	as long as short
Aster LITUSDT	+0.0232%	4h	4.7278	+0.165%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7102	−0.208%	$1.6M	$1.9M	75x	as long as short
Lighter RH LIT	+0.0376%	1h	4.7295	+0.201%	$3.8M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7249	+0.105%	$65K	—	50x	as long as short