LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.034%

Price spread now: Phoenix against Aevo+0.228%7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

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

costs, in and out, $10k−$1191.195% of the position

Long on Aevo Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.228%, 7d avg +0.133%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phoenix is 0.096% dearer against Aevo than usual: you sell high and buy low (spread +0.228% now, against its 7-day average of +0.133%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.7230	0.0104	pay 0.0013% / 1h	48m 32s	$148K	—	3x
Short	Phoenix LIT	4.7338	0.0050	get 0.0006% / 1h	48m 32s	$203K	$269K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aevo. 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 AevobpFee PhoenixbpOrdersPrice spread, now +0.228%Rate

Funding earned: −$11.27
Price spread: +0.228% → +0.133%: $9.57
Slippage, 4 orders: −$96.49
Fee Aevo: 8 bp × 2 orders: −$16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$121.19
Costs to cover: 1.195%
Break-even: never at this rate

Slippage from Aevo: live order book, 58 min ago; Phoenix: live order book, 55 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 Aevo live order book, 58 min ago	18.75 bp	54.9 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 55 min ago	2.07 bp	16.0 bp −$16	50.1 bp −$501	doesn't fit	doesn't fit

LIT on 42 exchanges

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
ApeX Omni LITUSDT	−0.0466%	1h	4.7260	+0.063%	$57K	$78K	50x	as long as short
01 Exchange LITUSD	−0.0456%	1h	4.7315	+0.180%	$31K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0391%	1h	4.7204	−0.055%	$41K	$19K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.7127	−0.219%	$32K	$313	10x	as long as short
Gate LIT_USDT	−0.0286%	4h	4.7380	+0.317%	$2.8M	$3.3M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0255%	1h	4.7237	+0.014%	$674K	$868K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0240%	1h	4.7737	+1.072%	$606K	$298K	50x	as long as short
Bullet LIT-USD	−0.0213%	1h	4.7215	−0.031%	$84K	$44K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0128%	4h	4.7288	+0.122%	$877K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0051%	4h	4.7283	+0.112%	$25.8M	$53.8M	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7348	+0.250%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7225	−0.010%	$35K	—	150x	as long as short
Polymarket Perps LIT-USD	+0.0006%	1h	4.7275	+0.095%	$453K	$125K	10x	as long as short
Pacifica LIT	+0.0023%	1h	4.7373	+0.301%	$627K	$1.5M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.715%	$422	$178K	5.5x	as long as short
Extended LIT-USD	+0.0048%	1h	4.7319	+0.188%	$5.1M	$5.0M	25x	as long as short
Phoenix LITshort	+0.0050%	1h	4.7338	+0.228%	$203K	$269K	5x
Bybit LITUSDT	+0.0063%	4h	4.7290	+0.127%	$41.0M	$24.9M	75x	as long as short
Paradex LIT-USD-PERP	+0.0081%	8h	4.7357	+0.268%	$7K	$1K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7332	+0.216%	$786K	$2.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7390	+0.338%	$59.0M	$22.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7375	+0.307%	$3.4M	$12.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7290	+0.127%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7363	+0.281%	$213.6M	$35.0M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7306	+0.161%	$76.3M	$66.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7341	+0.235%	$135K	$366K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7356	+0.266%	$6.2M	$3.5M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7354	+0.262%	$5.4M	$633K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7290	+0.127%	$6.8M	$2.2M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7325	+0.201%	$291K	$300K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7218	−0.026%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7211	−0.041%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7238	+0.017%	$4K	$299K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7214	−0.034%	$189K	$253K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7210	−0.043%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7560	+0.698%	$158K	$50K	10x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.7230	long leg	$148K	—	3x
Aster LITUSDT	+0.0136%	4h	4.7343	+0.240%	$12.7M	$1.7M	50x	as long as short
Aftermath Perps LITUSD	+0.0277%	1h	4.7486	+0.542%	$8K	$189K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7208	−0.047%	$1.6M	$2.4M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0421% / S −0.0217%	1h	4.7238	+0.017%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7262	+0.068%	$28K	$542K	33x	as long as short