LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.17 per $10,000 · paid last 24h −0.027%

Price spread now: Phoenix against Aevo−0.356%7-day average +0.143% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$1501.497% of the position

Long on Aevo Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.505%+$50 · spread now −0.356%, 7d avg +0.143%

Together, before fees+0.565%+$57 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 0.499% cheaper against Aevo than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of +0.143%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.7497	0.0104	pay 0.0013% / 1h	42m 49s	$149K	—	3x
Short	Phoenix LIT	4.7328	−0.0034	pay 0.0004% / 1h	42m 49s	$205K	$361K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.356%Rate

Funding earned: −$28.93
Price spread: −0.356% → +0.143%: −$49.87
Slippage, 4 orders: −$126.7
Fee Aevo: 8 bp × 2 orders: −$16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$228.5
Costs to cover: 1.497%
Break-even: never at this rate

Slippage from Aevo: live order book, 31 min ago; Phoenix: live order book, 28 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	45.52 bp	56.5 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 28 min ago	1.90 bp	16.1 bp −$16	50.1 bp −$501	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	−0.0639%	1h	4.7523	+0.054%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0512%	4h	4.7471	−0.055%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0460%	4h	4.7540	+0.091%	$2.8M	$4.4M	50x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7432	−0.137%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0324%	1h	4.7464	−0.069%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0255%	4h	4.7526	+0.061%	$25.8M	$64.2M	50x	as long as short
KuCoin LITUSDTM	−0.0150%	4h	4.7495	−0.004%	$5.3M	$1.1M	30x	as long as short
Phemex LITUSDT	−0.0149%	4h	4.7510	+0.027%	$1.4M	$2.7M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7498	+0.002%	$672K	$402K	50x	as long as short
Backpack LIT_USDC_PERP	−0.0070%	1h	4.7549	+0.109%	$685K	$1.4M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LITshort	−0.0034%	1h	4.7328	−0.356%	$205K	$361K	5x
ApeX Omni LITUSDT	−0.0028%	1h	4.7370	−0.267%	$56K	$77K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7482	−0.032%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7500	+0.007%	$31K	$860K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7511	+0.029%	$35K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0024%	4h	4.7420	−0.163%	$899K	$1.8M	10x	as long as short
Nado LIT-PERP	+0.0028%	1h	4.7435	−0.131%	$2.2M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.143%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0041%	8h	4.7431	−0.138%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7590	+0.196%	$59.5M	$29.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7606	+0.229%	$12.7M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7485	−0.025%	$590K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7521	+0.051%	$75.8M	$81.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7520	+0.048%	$42.8M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7470	−0.057%	$117K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7141	−0.750%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7515	+0.038%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7540	+0.091%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7332	−0.348%	$288K	$312K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7496	−0.002%	$449K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7557	+0.126%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7403	−0.198%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7515	+0.038%	$994	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7481	−0.034%	$189K	$347K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7593	+0.202%	$3.7M	$13.7M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7515	+0.038%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.7497	long leg	$149K	—	3x
RISEx LIT/USDC	+0.0119%	1h	4.7479	−0.039%	$810K	$2.0M	5x	as long as short
Hyperliquid LIT	+0.0201%	1h	4.7607	+0.232%	$213.5M	$44.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0324%	1h	4.7365	−0.278%	$10K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7509	+0.025%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0384% / S −0.0176%	1h	4.7510	+0.027%	$63K	—	50x	as long as short