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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0216%/8h= −23.7% APRnext payment $0.27 per $10,000 · paid last 24h −0.041%
Price spread now: Coinbase International against Aevo+2.309%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$2472.469% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.924%−$92 on $10k
Price spread, last 3 days (all we have)−0.912%−$91 · spread now +2.309%, 7d avg +0.127%
Together, before fees−1.836%−$184 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 2.181% dearer against Aevo than usual: you sell high and buy low (spread +2.309% now, against its 7-day average of +0.127%): +$218 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 34 days. At the pace of the last 7 days (−0.924% in total) that is about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LIT-PERP4.73590.0064pay 0.0008% / 1h52m 15s$148K$44K3x
ShortCoinbase International LIT-PERP-INTX4.8452−0.0152pay 0.0019% / 1h52m 15s$668K$408K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$45.36
Price spread: +2.309% → +0.127%
$218.12
Slippage, 4 orders
−$220.91
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$74.15
Costs to cover
2.469%
Break-even
never at this rate
Slippage from Aevo: live order book, 36 min ago; Coinbase International: live order book, 36 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 Aevo live order book, 36 min ago61.30 bp107.7 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 36 min ago7.23 bp18.2 bp −$1844.3 bp −$443doesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.1121%1h4.7408+0.103%$42K$40K10xas long as short
01 Exchange LITUSD−0.0656%1h4.7378+0.040%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0567%4h4.7345−0.029%$32K$2K10xas long as short
Backpack LIT_USDC_PERP−0.0528%1h4.7448+0.188%$666K$1.5M5xas long as short
Phemex LITUSDT−0.0450%4h4.7390+0.066%$1.3M$2.7M20xas long as short
Gate LIT_USDT−0.0374%4h4.7440+0.171%$2.8M$4.5M50xas long as short
Bullet LIT-USD−0.0368%1h4.7403+0.093%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0328%4h4.7451+0.194%$5.3M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0298%4h4.7397+0.080%$25.1M$60.6M50xas long as short
GRVT LIT_USDT_Perp−0.0260%4h4.7480+0.256%$895K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0214%4h4.7412+0.112%$42.9M$30.2M75xas long as short
Nado LIT-PERP−0.0178%1h4.7445+0.182%$2.1M$1.7M10xas long as short
Coinbase International LIT-PERP-INTXshort−0.0152%1h4.8452+2.309%$668K$408K50x
SoDEX LIT-USD−0.0114%1h4.7415+0.118%$982$474K5xas long as short
Extended LIT-USD−0.0064%1h4.7385+0.055%$5.2M$5.2M25xas long as short
Phoenix LIT−0.0050%1h4.7466+0.226%$246K$321K5xas long as short
Paradex LIT-USD-PERP−0.0017%8h4.7398+0.083%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7460+0.213%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7447+0.185%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7482+0.259%$815K$2.0M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.438%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0052%4h4.7385+0.055%$5.9M$4.2M100xas long as short
Binance LITUSDT+0.0053%4h4.7388+0.062%$74.9M$80.6M75xas long as short
edgeX LITUSDC+0.0056%4h4.7481+0.257%$289K$310K10xas long as short
Polymarket Perps LIT-USD+0.0061%1h4.7452+0.197%$448K$104K10xas long as short
Aevo LIT-PERPlong+0.0064%1h4.7359long leg$148K$44K3x
ApeX Omni LITUSDT+0.0083%1h4.7490+0.277%$56K$78K50xas long as short
Bulk LIT-USD+0.0088%1h4.7627+0.566%$119K$7K10xas long as short
Hyperliquid LIT+0.0100%1h4.7446+0.184%$210.8M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7487+0.270%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7493+0.284%$596K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7443+0.178%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7440+0.171%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7444+0.180%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7423+0.135%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7468+0.230%$189K$331K30xas long as short
Perpl LIT+0.0112%43m4.7479+0.254%$31K$842K33xas long as short
Lighter LIT+0.0112%1h4.7498+0.294%$59.6M$29.5M5xas long as short
Aftermath Perps LITUSD+0.0176%1h4.7588+0.484%$11K$198K10xas long as short
BloFin LIT-USDT+0.0213%4h4.7389+0.064%$1.6M$2.0M75xas long as short
Lighter RH LIT+0.0224%1h4.7497+0.292%$3.7M$14.0M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7456+0.205%$60K50xas long as short