Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.072%

Price spread now: BloFin against Aevo+0.067%53s7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1481.477% of the position

Long on Aevo Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.349%+$35 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.067%, 7d avg −0.012%

Together, before fees+0.319%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.078% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.012%. The two prices were read 53 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	Aevo LIT-PERP	4.6896	0.0104	pay 0.0013% / 1h	28m 03s	$147K	—	3x
Short	BloFin LIT-USDT	4.6927	0.0340	get 0.0170% / 4h	28m 03s	$1.5M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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 AevobpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: $49.56
Price spread: +0.067% → −0.012%: $7.85
Slippage, 4 orders: −$119.73
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$90.33
Costs to cover: 1.477%
Break-even: 19.8 days

Slippage from Aevo: live order book, 31 min ago; BloFin: live order book, 5 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 Aevo live order book, 31 min ago	56.65 bp	64.7 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.86 bp	10.9 bp −$11	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
Deribit LIT_USDC-PERPETUAL	−0.0462%	1h	4.6879	−0.036%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0448%	1h	4.6943	+0.101%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6850	−0.098%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0276%	1h	4.6909	+0.028%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0202%	4h	4.6930	+0.073%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.103%	$612K	$398K	50x	as long as short
Extended LIT-USD	−0.0088%	1h	4.6923	+0.059%	$5.1M	$5.0M	25x	as long as short
Bybit LITUSDT	−0.0073%	4h	4.6921	+0.054%	$41.3M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0064%	4h	4.6880	−0.034%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6885	−0.023%	$202K	$305K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0022%	1h	4.6943	+0.101%	$656K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7011	+0.245%	$34K	—	5x	as long as short
KuCoin LITUSDTM	+0.0002%	4h	4.6933	+0.079%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	+0.0002%	4h	4.6955	+0.126%	$25.2M	$61.6M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6944	+0.102%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.440%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0048%	1h	4.6958	+0.132%	$2.2M	$1.7M	10x	as long as short
ApeX Omni LITUSDT	+0.0065%	1h	4.6660	−0.503%	$56K	$76K	50x	as long as short
Polymarket Perps LIT-USD	+0.0067%	1h	4.6948	+0.111%	$439K	$110K	10x	as long as short
Paradex LIT-USD-PERP	+0.0071%	8h	4.6931	+0.076%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6936	+0.087%	$794K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6951	+0.118%	$58.5M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6968	+0.154%	$3.6M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6992	+0.205%	$210.3M	$42.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6995	+0.212%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6912	+0.035%	$75.0M	$79.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6966	+0.150%	$115K	$456K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6925	+0.062%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6950	+0.116%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6855	−0.086%	$287K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6887	−0.018%	$903K	$1.8M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6908	+0.026%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6921	+0.054%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6885	−0.023%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6973	+0.165%	$199K	$387K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6576	−0.682%	$116K	$1K	10x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.6896	long leg	$147K	—	3x
Aster LITUSDT	+0.0213%	4h	4.6988	+0.197%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0241%	1h	4.6833	−0.133%	$9K	$207K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6990	+0.200%	$31K	$780K	33x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.6927	+0.067%	$1.5M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0419% / S −0.0217%	1h	4.6918	+0.047%	$63K	—	50x	as long as short