Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%

Price spread now: MEXC against Aevo−0.135%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1241.244% of the position

Long on Aevo Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 3 days (all we have)+0.141%+$14 · spread now −0.135%, 7d avg +0.022%

Together, before fees+0.108%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.157% cheaper against Aevo than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.7349	0.0104	pay 0.0013% / 1h	5m 20s	$148K	$44K	3x
Short	MEXC LIT_USDT	4.7285	0.0100	get 0.0050% / 4h	5m 20s	$5.7M	$4.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$0.84
Price spread: −0.135% → +0.022%: −$15.7
Slippage, 4 orders: −$104.35
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$140.89
Costs to cover: 1.244%
Break-even: never at this rate

Slippage from Aevo: live order book, 8 min ago; MEXC: live order book, 2 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, 8 min ago	45.52 bp	56.5 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.11 bp	3.2 bp −$3	33.5 bp −$335	314.5 bp −$31.5K	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	−0.0824%	1h	4.7326	−0.048%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0818%	4h	4.7350	+0.002%	$2.8M	$4.6M	50x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7168	−0.382%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0540%	4h	4.7255	−0.198%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0368%	1h	4.7310	−0.082%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0336%	4h	4.7350	+0.002%	$25.7M	$64.0M	50x	as long as short
Phemex LITUSDT	−0.0301%	4h	4.7310	−0.082%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0156%	4h	4.7343	−0.012%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.548%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7370	+0.045%	$907K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7386	+0.078%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7336	−0.027%	$31K	$854K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7363	+0.031%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7362	+0.028%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7283	−0.138%	$803K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.460%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0034%	8h	4.7245	−0.218%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0041%	4h	4.7318	−0.065%	$42.6M	$30.3M	75x	as long as short
Backpack LIT_USDC_PERP	+0.0089%	1h	4.7368	+0.040%	$682K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7386	+0.078%	$59.2M	$30.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7276	−0.153%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7328	−0.044%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7300	−0.103%	$588K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7288	−0.129%	$75.4M	$82.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7268	−0.171%	$117K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7291	−0.123%	$118K	$2K	10x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.7285	−0.135%	$5.7M	$4.1M	100x
Bitget LITUSDT	+0.0100%	4h	4.7340	−0.019%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7325	−0.050%	$288K	$310K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7380	+0.066%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7324	−0.053%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7366	+0.036%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7218	−0.276%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7335	−0.029%	$999	$470K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7287	−0.131%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7306	−0.091%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.7349	long leg	$148K	$44K	3x
Aftermath Perps LITUSD	+0.0188%	1h	4.7360	+0.024%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7359	+0.021%	$3.7M	$14.0M	5x	as long as short
Hyperliquid LIT	+0.0199%	1h	4.7403	+0.114%	$212.6M	$45.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7295	−0.114%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0380% / S −0.0172%	1h	4.7352	+0.006%	$63K	—	50x	as long as short