Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.072%

Price spread now: Aevo against BloFin−0.093%53s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as 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−$1541.541% of the position

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.349%−$35 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.093%, 7d avg +0.012%

Together, before fees−0.292%−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aevo is 0.105% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 53 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	BloFin LIT-USDT	4.7100	0.0340	pay 0.0170% / 4h	2m 14s	$1.5M	$1.9M	75x
Short	Aevo LIT-PERP	4.7056	0.0104	get 0.0013% / 1h	2m 14s	$147K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.093%Rate

Funding earned: −$49.56
Price spread: −0.093% → +0.012%: −$10.5
Slippage, 4 orders: −$126.12
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$214.18
Costs to cover: 1.541%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Aevo: live order book, 56 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 BloFin live order book, 6 min ago	0.11 bp	10.6 bp −$11	21.1 bp −$211	doesn't fit	doesn't fit
Sell Aevo live order book, 56 min ago	56.65 bp	64.7 bp −$65	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
Deribit LIT_USDC-PERPETUAL	−0.0419%	1h	4.7066	−0.073%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7014	−0.183%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7014	−0.183%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0295%	1h	4.7057	−0.090%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6904	−0.416%	$613K	$352K	50x	as long as short
Gate LIT_USDT	−0.0128%	4h	4.7100	0.000%	$2.7M	$4.3M	50x	as long as short
Phemex LITUSDT	−0.0104%	4h	4.7050	−0.106%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0102%	4h	4.7070	−0.064%	$41.2M	$28.9M	75x	as long as short
Phoenix LIT	−0.0034%	1h	4.7171	+0.151%	$203K	$305K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7171	+0.151%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7114	+0.029%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0010%	4h	4.7077	−0.049%	$25.3M	$61.3M	50x	as long as short
KuCoin LITUSDTM	+0.0014%	4h	4.7063	−0.079%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.996%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0066%	1h	4.7094	−0.013%	$663K	$1.4M	5x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.7010	−0.190%	$6K	$2K	5x	as long as short
Extended LIT-USD	+0.0072%	1h	4.7042	−0.123%	$5.2M	$5.0M	25x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.7105	+0.011%	$785K	$2.1M	5x	as long as short
ApeX Omni LITUSDT	+0.0076%	1h	4.7070	−0.064%	$56K	$76K	50x	as long as short
Nado LIT-PERP	+0.0078%	1h	4.7070	−0.063%	$2.2M	$1.7M	10x	as long as short
Aftermath Perps LITUSD	+0.0079%	1h	4.7073	−0.058%	$10K	$204K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7137	+0.079%	$58.7M	$29.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7164	+0.136%	$3.8M	$13.5M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7143	+0.091%	$210.5M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7100	0.000%	$576K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7070	−0.064%	$75.4M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7082	−0.038%	$118K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	−0.089%	$120K	$4K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7050	−0.106%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7120	+0.042%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7102	+0.005%	$288K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7074	−0.056%	$906K	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7066	−0.072%	$440K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7095	−0.010%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7069	−0.066%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7075	−0.053%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7133	+0.070%	$199K	$360K	30x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7056	−0.093%	$147K	—	3x
Perpl LIT	+0.0112%	43m	4.7126	+0.056%	$31K	$760K	33x	as long as short
Aster LITUSDT	+0.0247%	4h	4.7154	+0.116%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.7100	long leg	$1.5M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7104	+0.009%	$65K	—	50x	as long as short