Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0924%/8h= +101.2% APRpaid last 24h +0.026%

Price spread now: Aevo against Gate−0.080%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1541.542% of the position

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.080%, 7d avg −0.074%

Together, before fees+0.025%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LIT_USDT	4.7290	−0.0820	get 0.0410% / 4h	11m 35s	$2.8M	$4.6M	50x
Short	Aevo LIT-PERP	4.7252	0.0104	get 0.0013% / 1h	11m 35s	$148K	$44K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.080%Rate

Funding earned: $194.04
Price spread: −0.080% → −0.074%: −$0.59
Slippage, 4 orders: −$123.21
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: $39.24
Costs to cover: 1.542%
Break-even: 5.6 days

Slippage from Gate: live order book, 2 min ago; Aevo: live order book, 2 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 Gate live order book, 2 min ago	2.12 bp	15.3 bp −$15	47.3 bp −$473	doesn't fit	doesn't fit
Sell Aevo live order book, 2 min ago	45.52 bp	61.0 bp −$61	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
Gate LIT_USDTlong	−0.0820%	4h	4.7290	long leg	$2.8M	$4.6M	50x
Deribit LIT_USDC-PERPETUAL	−0.0665%	1h	4.7294	+0.009%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0544%	4h	4.7230	−0.127%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0536%	1h	4.7136	−0.326%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0347%	4h	4.7253	−0.078%	$25.6M	$63.9M	50x	as long as short
Bullet LIT-USD	−0.0345%	1h	4.7249	−0.087%	$84K	$78K	20x	as long as short
Phemex LITUSDT	−0.0303%	4h	4.7260	−0.063%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0176%	4h	4.7265	−0.053%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.673%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0068%	4h	4.7229	−0.128%	$905K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7285	−0.011%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7245	−0.096%	$32K	$851K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7281	−0.018%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7325	+0.075%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7249	−0.087%	$817K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7212	−0.165%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.586%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0036%	4h	4.7230	−0.127%	$42.5M	$30.2M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7291	+0.002%	$59.1M	$30.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7245	−0.095%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7324	+0.072%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7264	−0.055%	$588K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7212	−0.165%	$75.3M	$82.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7231	−0.125%	$120K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7316	+0.055%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7215	−0.159%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7250	−0.085%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7316	+0.055%	$681K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7244	−0.097%	$287K	$309K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7240	−0.106%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7261	−0.061%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7330	+0.085%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7219	−0.150%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7289	−0.002%	$981	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7251	−0.082%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7216	−0.156%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7252	−0.080%	$148K	$44K	3x
Aftermath Perps LITUSD	+0.0186%	1h	4.7314	+0.052%	$13K	$203K	10x	as long as short
Hyperliquid LIT	+0.0198%	1h	4.7331	+0.087%	$212.3M	$45.0M	5x	as long as short
Lighter RH LIT	+0.0200%	1h	4.7312	+0.047%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7213	−0.163%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7321	+0.066%	$62K	—	50x	as long as short