Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0342%/8h= −37.4% APRpaid last 24h −0.033%

Price spread now: KuCoin against Aevo−0.070%7-day average +0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$257as in the Funding arb table

Net, price: spread back to 7d avg − costs−$268as in the Price arb table

costs, in and out, $10k−$2552.551% of the position

Long on Aevo Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.070%, 7d avg +0.058%

Together, before fees+0.213%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.129% cheaper against Aevo than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.058%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.7680	0.0048	pay 0.0006% / 1h	29m 08s	$149K	$44K	3x
Short	KuCoin LITUSDTM	4.7647	−0.0294	pay 0.0147% / 4h	2h 29m	$5.3M	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$71.82
Price spread: −0.070% → +0.058%: −$12.87
Slippage, 4 orders: −$227.07
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$339.76
Costs to cover: 2.551%
Break-even: never at this rate

Slippage from Aevo: live order book, 59 min ago; KuCoin: live order book, 4 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, 59 min ago	61.30 bp	107.7 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	8.56 bp	27.0 bp −$27	148.6 bp −$1,486	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	−0.0797%	1h	4.7693	+0.025%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0692%	4h	4.7670	−0.022%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0599%	4h	4.7616	−0.135%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7510	−0.358%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0510%	4h	4.7640	−0.085%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0407%	1h	4.7674	−0.014%	$670K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0374%	1h	4.7626	−0.114%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0310%	4h	4.7645	−0.074%	$25.0M	$61.9M	50x	as long as short
Bybit LITUSDT	−0.0308%	4h	4.7690	+0.020%	$43.2M	$30.6M	75x	as long as short
KuCoin LITUSDTMshort	−0.0294%	4h	4.7647	−0.070%	$5.3M	$1.1M	30x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0292%	4h	4.7463	−0.455%	$906K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.085%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7537	−0.301%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0027%	8h	4.7460	−0.463%	$6K	$2K	5x	as long as short
Extended LIT-USD	−0.0024%	1h	4.7686	+0.011%	$5.3M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0010%	1h	4.7687	+0.014%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7558	−0.258%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7715	+0.073%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7583	−0.205%	$818K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0030%	1h	4.7531	−0.314%	$2.1M	$1.7M	10x	as long as short
MEXC LIT_USDT	+0.0030%	4h	4.7663	−0.037%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0030%	4h	4.7464	−0.454%	$289K	$312K	10x	as long as short
Binance LITUSDT	+0.0032%	4h	4.7667	−0.028%	$75.3M	$81.2M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.754%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0034%	1h	4.7551	−0.272%	$449K	$105K	10x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.422%	$119K	$6K	10x	as long as short
Aevo LIT-PERPlong	+0.0048%	1h	4.7680	long leg	$149K	$44K	3x
Lighter LIT	+0.0096%	1h	4.7750	+0.146%	$59.8M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7725	+0.094%	$211.9M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7605	−0.158%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7538	−0.299%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7557	−0.259%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7700	+0.041%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7490	−0.400%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7726	+0.096%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7700	+0.041%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7582	−0.207%	$190K	$329K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7564	−0.244%	$31K	$838K	33x	as long as short
BloFin LIT-USDT	+0.0127%	4h	4.7666	−0.030%	$1.5M	$2.1M	75x	as long as short
Aftermath Perps LITUSD	+0.0158%	1h	4.7456	−0.472%	$12K	$199K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7711	+0.064%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7764	+0.175%	$3.7M	$14.2M	5x	as long as short