Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0183%/8h= +20.0% APRpaid last 24h +0.088%

Price spread now: Aevo against OKX−0.060%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1071.069% of the position

Long on OKX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.213%+$21 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.060%, 7d avg −0.033%

Together, before fees+0.235%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.033%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LIT-USDT-SWAP	4.7168	−0.0079	get 0.0039% / 4h	3h 12m	$25.4M	$60.8M	50x
Short	Aevo LIT-PERP	4.7140	0.0104	get 0.0013% / 1h	12m 19s	$147K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now −0.060%Rate

Funding earned: $38.39
Price spread: −0.060% → −0.033%: −$2.71
Slippage, 4 orders: −$80.95
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$71.28
Costs to cover: 1.069%
Break-even: 20.0 days

Slippage from OKX: live order book, 1 min ago; Aevo: live order book, 41 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 OKX live order book, 1 min ago	0.11 bp	9.9 bp −$10	26.7 bp −$267	doesn't fit	doesn't fit
Sell Aevo live order book, 41 min ago	26.44 bp	42.0 bp −$42	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	−0.0619%	1h	4.7157	−0.024%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.7098	−0.148%	$32K	$1K	10x	as long as short
Phemex LITUSDT	−0.0352%	4h	4.7150	−0.038%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.7051	−0.248%	$33K	$3K	5x	as long as short
Bullet LIT-USD	−0.0312%	1h	4.7122	−0.098%	$84K	$67K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.618%	$607K	$357K	50x	as long as short
Bybit LITUSDT	−0.0213%	4h	4.7160	−0.017%	$41.1M	$28.8M	75x	as long as short
OKX LIT-USDT-SWAPlong	−0.0079%	4h	4.7168	long leg	$25.4M	$60.8M	50x
ApeX Omni LITUSDT	−0.0053%	1h	4.7170	+0.004%	$56K	$75K	50x	as long as short
KuCoin LITUSDTM	−0.0024%	4h	4.7178	+0.021%	$5.3M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0017%	1h	4.7260	+0.195%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7142	−0.054%	$793K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7191	+0.048%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7166	−0.005%	$31K	$738K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7197	+0.062%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.849%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7076	−0.196%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7238	+0.148%	$58.9M	$28.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7130	−0.080%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7196	+0.059%	$210.7M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7166	−0.004%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7131	−0.078%	$75.6M	$78.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7125	−0.091%	$115K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7176	+0.017%	$118K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7170	+0.004%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7128	−0.085%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7160	−0.017%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7189	+0.045%	$661K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7251	+0.176%	$289K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7270	+0.217%	$910K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7118	−0.106%	$443K	$87K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7203	+0.074%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7101	−0.142%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7166	−0.004%	$1K	$372K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7223	+0.117%	$200K	$358K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7153	−0.033%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7140	−0.060%	$147K	—	3x
Lighter RH LIT	+0.0152%	1h	4.7244	+0.161%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0244%	4h	4.7246	+0.165%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7156	−0.025%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0400%	1h	4.7192	+0.050%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0437% / S −0.0231%	1h	4.7181	+0.028%	$65K	—	50x	as long as short