Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.001%

Price spread now: Aevo against edgeX−0.145%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$225as in the Funding arb table

Net, price: spread back to 7d avg − costs−$238as in the Price arb table

costs, in and out, $10k−$2292.286% of the position

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.145%, 7d avg −0.053%

Together, before fees+0.067%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.092% cheaper against edgeX than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.053%). If the spread goes back, that is −$9 on $10k: about 28 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.7455	0.0053	pay 0.0027% / 4h	2h 50m	$289K	$311K	10x
Short	Aevo LIT-PERP	4.7387	0.0064	get 0.0008% / 1h	50m 32s	$148K	$44K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now −0.145%Rate

Funding earned: $2.28
Price spread: −0.145% → −0.053%: −$9.19
Slippage, 4 orders: −$203.62
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$235.53
Costs to cover: 2.286%
Break-even: 729.9 days

Slippage from edgeX: live order book, 37 min ago; Aevo: live order book, 38 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 edgeX live order book, 37 min ago	5.18 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 38 min ago	61.30 bp	98.9 bp −$99	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	−0.1161%	1h	4.7413	−0.089%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0664%	1h	4.7321	−0.283%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0569%	4h	4.7364	−0.193%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0567%	1h	4.7448	−0.016%	$666K	$1.5M	5x	as long as short
Gate LIT_USDT	−0.0458%	4h	4.7440	−0.032%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0449%	4h	4.7390	−0.138%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0337%	1h	4.7406	−0.105%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0326%	4h	4.7464	+0.018%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0301%	4h	4.7396	−0.125%	$25.1M	$60.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7480	+0.052%	$895K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LIT-PERP	−0.0212%	1h	4.7406	−0.103%	$2.1M	$1.7M	10x	as long as short
Bybit LITUSDT	−0.0206%	4h	4.7386	−0.146%	$42.8M	$30.2M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.101%	$668K	$408K	50x	as long as short
Extended LIT-USD	−0.0080%	1h	4.7396	−0.125%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0063%	1h	4.7415	−0.085%	$982	$474K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7466	+0.022%	$246K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0017%	8h	4.7368	−0.184%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7460	+0.010%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7455	−0.001%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7431	−0.051%	$814K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.232%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0050%	4h	4.7377	−0.165%	$5.9M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0051%	4h	4.7362	−0.197%	$74.8M	$80.6M	75x	as long as short
edgeX LITUSDClong	+0.0053%	4h	4.7455	long leg	$289K	$311K	10x
Aevo LIT-PERPshort	+0.0064%	1h	4.7387	−0.145%	$148K	$44K	3x
Polymarket Perps LIT-USD	+0.0064%	1h	4.7422	−0.070%	$448K	$104K	10x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	−0.123%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7447	−0.019%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7487	+0.067%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7446	−0.020%	$595K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7397	−0.123%	$118K	$444K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7400	−0.117%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7440	−0.032%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7457	+0.004%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7432	−0.049%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7468	+0.027%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7455	−0.001%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0112%	1h	4.7502	+0.098%	$59.6M	$29.6M	5x	as long as short
Aftermath Perps LITUSD	+0.0190%	1h	4.7563	+0.227%	$11K	$198K	10x	as long as short
BloFin LIT-USDT	+0.0203%	4h	4.7398	−0.121%	$1.5M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0264%	1h	4.7512	+0.119%	$3.7M	$14.0M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7451	−0.008%	$59K	—	50x	as long as short