LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Aevo against Backpack−0.189%46s7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$690.687% of the position

Long on Backpack Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.189%, 7d avg −0.081%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.108% cheaper against Backpack than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.081%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LIT_USDC_PERP	4.8347	0.0100	pay 0.0013% / 1h	57m 15s	$689K	$992K	5x
Short	Aevo LIT-PERP	4.8256	0.0104	get 0.0013% / 1h	57m 15s	$151K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now −0.189%Rate

Funding earned: $0.84
Price spread: −0.189% → −0.081%: −$10.8
Slippage, 4 orders: −$42.73
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$78.68
Costs to cover: 0.687%
Break-even: 662.7 days

Slippage from Backpack: live order book, 7 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 Backpack live order book, 7 min ago	0.10 bp	6.4 bp −$6	16.6 bp −$166	doesn't fit	doesn't fit
Sell Aevo live order book, 41 min ago	13.55 bp	26.9 bp −$27	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	−0.0381%	1h	4.8286	−0.127%	$42K	$39K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0361%	4h	4.8215	−0.273%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7968	−0.785%	$608K	$349K	50x	as long as short
Bullet LIT-USD	−0.0176%	1h	4.8287	−0.124%	$87K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0155%	4h	4.8293	−0.112%	$26.1M	$59.9M	50x	as long as short
01 Exchange LITUSD	−0.0152%	1h	4.8293	−0.112%	$32K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0028%	4h	4.8071	−0.572%	$890K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8273	−0.153%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8318	−0.059%	$36K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0016%	1h	4.8010	−0.697%	$57K	$76K	50x	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	+0.0021%	1h	4.8275	−0.149%	$2.1M	$1.6M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.635%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8338	−0.019%	$207K	$288K	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8267	−0.165%	$7K	$2K	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8299	−0.099%	$717K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8270	−0.159%	$77.4M	$73.7M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8296	−0.105%	$42.0M	$27.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8287	−0.124%	$128K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8183	−0.340%	$120K	−$0	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8290	−0.118%	$2.8M	$4.0M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8250	−0.201%	$6.1M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8311	−0.074%	$5.5M	$935K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8320	−0.056%	$6.9M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERPlong	+0.0100%	1h	4.8347	long leg	$689K	$992K	5x
edgeX LITUSDC	+0.0100%	4h	4.8041	−0.634%	$294K	$301K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8300	−0.097%	$450K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8084	−0.545%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8234	−0.234%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8280	−0.139%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8334	−0.027%	$194K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8300	−0.097%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8258	−0.185%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.8256	−0.189%	$151K	—	3x
RISEx LIT/USDC	+0.0118%	1h	4.8330	−0.035%	$805K	$2.3M	5x	as long as short
Lighter LIT	+0.0144%	1h	4.8341	−0.012%	$60.2M	$25.9M	5x	as long as short
Hyperliquid LIT	+0.0253%	1h	4.8352	+0.010%	$218.5M	$38.6M	5x	as long as short
Lighter RH LIT	+0.0304%	1h	4.8370	+0.048%	$3.7M	$12.1M	5x	as long as short
Aster LITUSDT	+0.0307%	4h	4.8361	+0.028%	$13.0M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8272	−0.155%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0427% / S −0.0217%	1h	4.8311	−0.075%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8321	−0.054%	$32K	$642K	33x	as long as short
Aftermath Perps LITUSD	+0.0498%	1h	4.8140	−0.429%	$9K	$203K	10x	as long as short