Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0299%/8h= +32.7% APRpaid last 24h +0.065%
Price spread now: Aevo against Bybit−0.061%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2462.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 3 days (all we have)−0.104%−$10 · spread now −0.061%, 7d avg −0.038%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.023% cheaper against Bybit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.038%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.079% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.7426−0.0235get 0.0117% / 4h2h 53m$42.8M$30.1M75x
ShortAevo LIT-PERP4.73970.0064get 0.0008% / 1h53m 09s$148K$44K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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

Funding earned
$62.75
Price spread: −0.061% → −0.038%
−$2.31
Slippage, 4 orders
−$219.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$185.58
Costs to cover
2.460%
Break-even
27.7 days
Slippage from Bybit: live order book, 6 min ago; Aevo: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago2.10 bp20.9 bp −$2168.9 bp −$689doesn't fitdoesn't fit
Sell Aevo live order book, 35 min ago61.30 bp98.9 bp −$99doesn't fitdoesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.1072%1h4.7443+0.035%$42K$40K10xas long as short
01 Exchange LITUSD−0.0680%1h4.7407−0.040%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0564%4h4.7386−0.084%$32K$2K10xas long as short
Backpack LIT_USDC_PERP−0.0503%1h4.7459+0.070%$667K$1.5M5xas long as short
Phemex LITUSDT−0.0469%4h4.7380−0.097%$1.3M$2.7M20xas long as short
Bullet LIT-USD−0.0368%1h4.7448+0.046%$85K$81K20xas long as short
Gate LIT_USDT−0.0360%4h4.7440+0.030%$2.8M$4.5M50xas long as short
KuCoin LITUSDTM−0.0332%4h4.7464+0.080%$5.3M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0299%4h4.7409−0.036%$25.1M$60.6M50xas long as short
GRVT LIT_USDT_Perp−0.0260%4h4.7480+0.114%$895K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDTlong−0.0235%4h4.7426long leg$42.8M$30.1M75x
Nado LIT-PERP−0.0183%1h4.7435+0.020%$2.1M$1.7M10xas long as short
SoDEX LIT-USD−0.0155%1h4.7425−0.002%$984$474K5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.8452+2.164%$668K$408K50xas long as short
Extended LIT-USD−0.0056%1h4.7430+0.009%$5.2M$5.2M25xas long as short
Phoenix LIT−0.0050%1h4.7466+0.084%$246K$321K5xas long as short
Paradex LIT-USD-PERP−0.0016%8h4.7377−0.104%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7460+0.072%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7487+0.129%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7490+0.134%$815K$2.0M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.295%$422$178K5.5xas long as short
Polymarket Perps LIT-USD+0.0051%1h4.7474+0.101%$448K$104K10xas long as short
MEXC LIT_USDT+0.0052%4h4.7397−0.061%$5.9M$4.2M100xas long as short
Binance LITUSDT+0.0053%4h4.7399−0.057%$74.9M$80.6M75xas long as short
edgeX LITUSDC+0.0056%4h4.7481+0.115%$289K$310K10xas long as short
Aevo LIT-PERPshort+0.0064%1h4.7397−0.061%$148K$44K3x
ApeX Omni LITUSDT+0.0083%1h4.7490+0.135%$56K$78K50xas long as short
Bulk LIT-USD+0.0088%1h4.7627+0.424%$119K$7K10xas long as short
Hyperliquid LIT+0.0100%1h4.7454+0.059%$210.8M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7487+0.129%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7487+0.129%$596K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7448+0.046%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7450+0.051%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7482+0.118%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7473+0.099%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7468+0.089%$189K$331K30xas long as short
Perpl LIT+0.0112%43m4.7484+0.122%$31K$842K33xas long as short
Lighter LIT+0.0120%1h4.7491+0.137%$59.6M$29.5M5xas long as short
Aftermath Perps LITUSD+0.0168%1h4.7616+0.400%$11K$198K10xas long as short
BloFin LIT-USDT+0.0213%4h4.7389−0.078%$1.6M$2.0M75xas long as short
Lighter RH LIT+0.0216%1h4.7510+0.177%$3.7M$14.0M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7489+0.132%$60K50xas long as short