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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.051%
Price spread now: Aevo against Coinbase International−0.215%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.885%+$88 on $10k
Price spread, last 3 days (all we have)−0.299%−$30 · spread now −0.215%, 7d avg −0.163%
Together, before fees+0.586%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.052% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.163%). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.885% in total) that is about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.6919−0.0080get 0.0010% / 1h53m 50s$664K$385K50x
ShortAevo LIT-PERP4.68180.0104get 0.0013% / 1h53m 50s$146K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$38.64
Price spread: −0.215% → −0.163%
−$5.2
Slippage, 4 orders
−$155.75
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$148.31
Costs to cover
1.817%
Break-even
33.9 days
Slippage from Coinbase International: live order book, 14 min ago; Aevo: live order book, 15 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 Coinbase International live order book, 14 min ago9.24 bp28.2 bp −$2860.8 bp −$608doesn't fitdoesn't fit
Sell Aevo live order book, 15 min ago58.71 bp66.7 bp −$67doesn'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
01 Exchange LITUSD−0.0616%1h4.6711−0.444%$33K$4K5xas long as short
Backpack LIT_USDC_PERP−0.0530%1h4.6878−0.088%$679K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0476%4h4.6771−0.316%$32K$2K10xas long as short
Bullet LIT-USD−0.0443%1h4.6822−0.207%$84K$72K20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0375%1h4.6850−0.148%$41K$40K10xas long as short
OKX LIT-USDT-SWAP−0.0181%4h4.6835−0.180%$25.5M$63.4M50xas long as short
GRVT LIT_USDT_Perp−0.0166%4h4.6831−0.188%$898K$1.8M10xas long as short
KuCoin LITUSDTM−0.0140%4h4.6887−0.069%$5.2M$1.1M30xas long as short
ApeX Omni LITUSDT−0.0135%1h4.6860−0.126%$56K$77K50xas long as short
Gate LIT_USDT−0.0092%4h4.6880−0.084%$2.8M$4.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTXlong−0.0080%1h4.6919long leg$664K$385K50x
Phoenix LIT−0.0034%1h4.7049+0.276%$203K$352K5xas long as short
dYdX LIT-USD0.0000%1h4.6822−0.207%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.6880−0.084%$469150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.389%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0040%8h4.6790−0.275%$7K$2K5xas long as short
RISEx LIT/USDC+0.0081%1h4.6803−0.247%$780K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.6914−0.011%$58.8M$29.1M5xas long as short
Bulk LIT-USD+0.0096%1h4.6903−0.034%$117K$1K10xas long as short
Nado LIT-PERP+0.0100%1h4.6785−0.286%$2.1M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6887−0.069%$210.0M$44.2M5xas long as short
Aster LITUSDT+0.0100%4h4.6905−0.031%$12.6M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.6835−0.180%$580K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6846−0.155%$74.8M$80.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.6828−0.195%$42.1M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.6807−0.239%$116K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6859−0.129%$5.4M$4.0M100xas long as short
Bitget LITUSDT+0.0100%4h4.6880−0.084%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.6902−0.037%$286K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6788−0.280%$442K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6886−0.071%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6886−0.071%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6850−0.148%$1K$458K5xas long as short
HTX LIT-USDT+0.0100%4h4.6902−0.037%$187K$354K30xas long as short
Phemex LITUSDT+0.0100%4h4.6850−0.148%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.6879−0.086%$5.1M$5.1M25xas long as short
Aevo LIT-PERPshort+0.0104%1h4.6818−0.215%$146K3x
Lighter RH LIT+0.0232%1h4.6928+0.019%$3.7M$13.2M5xas long as short
Aftermath Perps LITUSD+0.0289%1h4.7061+0.303%$10K$208K10xas long as short
BloFin LIT-USDT+0.0340%4h4.6793−0.269%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0401% / S −0.0193%1h4.6872−0.102%$63K50xas long as short
Perpl LIT+0.0447%43m4.6822−0.208%$31K$857K33xas long as short