Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Aevo against Backpack+0.102%46s7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as 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−$710.708% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.102%, 7d avg −0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.188% dearer against Backpack than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.086%. The two prices were read 46 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 | Backpack LIT_USDC_PERP | 4.6969 | 0.0100 | pay 0.0013% / 1h | 22m 17s | $691K | $1.4M | 5x |
| Short | Aevo LIT-PERP | 4.7017 | 0.0104 | get 0.0013% / 1h | 22m 17s | $147K | — | 3x |
Backpack LIT_USDC_PERP
Aevo LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: +0.102% → −0.086%
- $18.75
- Slippage, 4 orders
- −$44.79
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$51.2
- Costs to cover
- 0.708%
- Break-even
- 433.7 days
Slippage from Backpack: live order book, 2 min ago; Aevo: live order book, 41 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 Backpack live order book, 2 min ago | 0.85 bp | 6.6 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 41 min ago | 14.92 bp | 30.6 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0384% | 4h | 4.6976 | +0.015% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0296% | 1h | 4.7023 | +0.115% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0252% | 1h | 4.7026 | +0.120% | $85K | $68K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0162% | 1h | 4.7035 | +0.141% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0116% | 4h | 4.7040 | +0.151% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6996 | +0.057% | $202K | $341K | 5x | as long as short |
| Phemex LITUSDT | −0.0042% | 4h | 4.7000 | +0.066% | $1.4M | $2.8M | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6800 | −0.361% | $611K | $411K | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0021% | 1h | 4.6920 | −0.104% | $56K | $76K | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7053 | +0.179% | $11K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phoenix LIT
Phemex LITUSDT
Coinbase International LIT-PERP-INTX
ApeX Omni LITUSDT
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0007% | 1h | 4.6991 | +0.046% | $34K | — | 5x | as long as short |
| KuCoin LITUSDTM | +0.0026% | 4h | 4.7012 | +0.092% | $5.2M | $1.0M | 30x | as long as short |
| OKX LIT-USDT-SWAP | +0.0030% | 4h | 4.7017 | +0.102% | $25.4M | $61.6M | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.280% | $422 | $178K | 5.5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0042% | 4h | 4.6826 | −0.305% | $909K | $1.7M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0074% | 8h | 4.6990 | +0.046% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7071 | +0.217% | $58.7M | $28.8M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.7052 | +0.177% | $795K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6983 | +0.031% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7098 | +0.275% | $210.4M | $40.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7000 | +0.066% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7026 | +0.121% | $74.8M | $78.5M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7006 | +0.079% | $41.7M | $28.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7026 | +0.121% | $118K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6864 | −0.224% | $117K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7010 | +0.087% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7060 | +0.194% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERPlong | +0.0100% | 1h | 4.6969 | long leg | $691K | $1.4M | 5x | |
| edgeX LITUSDC | +0.0100% | 4h | 4.6867 | −0.217% | $285K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7044 | +0.160% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7054 | +0.180% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7003 | +0.072% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7040 | +0.151% | $1K | $408K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7009 | +0.085% | $195K | $380K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7013 | +0.093% | $5.1M | $4.9M | 25x | as long as short |
| Aevo LIT-PERPshort | +0.0104% | 1h | 4.7017 | +0.102% | $147K | — | 3x | |
| Lighter RH LIT | +0.0112% | 1h | 4.7072 | +0.219% | $3.7M | $13.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0187% | 1h | 4.6929 | −0.086% | $9K | $205K | 10x | as long as short |
| Aster LITUSDT | +0.0193% | 4h | 4.7103 | +0.284% | $12.6M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6915 | −0.115% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0414% / S −0.0211% | 1h | 4.7045 | +0.161% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7051 | +0.175% | $31K | $819K | 33x | as long as short |
dYdX LIT-USD
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Injective LIT/USDC PERP
GRVT LIT_USDT_Perp
Paradex LIT-USD-PERP
Lighter LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT