Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0058%/8hnext payment +$0.07 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Bulk−0.122%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1221.216% of the position

Long on Bulk Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.187%−$19 · spread now −0.122%, 7d avg −0.078%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.044% cheaper against Bulk than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.078%). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.7925	0.0046	pay 0.0006% / 1h	6m 54s	$121K	$7K	10x
Short	Aevo LIT-PERP	4.7866	0.0104	get 0.0013% / 1h	6m 54s	$150K	$44K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bulk. 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 BulkbpFee AevobpOrdersPrice spread, now −0.122%Rate

Funding earned: $12.26
Price spread: −0.122% → −0.078%: −$4.35
Slippage, 4 orders: −$98.61
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$113.7
Costs to cover: 1.216%
Break-even: 71.9 days

Slippage from Bulk: live order book, 26 min ago; Aevo: live order book, 26 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 Bulk live order book, 26 min ago	0.21 bp	5.5 bp −$5	14.9 bp −$149	35.8 bp −$3,576	doesn't fit
Sell Aevo live order book, 26 min ago	14.65 bp	52.5 bp −$52	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
01 Exchange LITUSD	−0.0648%	1h	4.7919	−0.012%	$33K	$5K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0618%	1h	4.7980	+0.116%	$33K	$22K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0485%	4h	4.7897	−0.058%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0451%	4h	4.7930	+0.011%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0448%	1h	4.7960	+0.074%	$87K	$79K	20x	as long as short
Bybit LITUSDT	−0.0339%	4h	4.7992	+0.140%	$43.7M	$29.7M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0285%	4h	4.7993	+0.142%	$25.6M	$60.7M	50x	as long as short
KuCoin LITUSDTM	−0.0244%	4h	4.7953	+0.059%	$5.3M	$1.1M	30x	as long as short
ApeX Omni LITUSDT	−0.0200%	1h	4.7920	−0.010%	$59K	$79K	50x	as long as short
SoDEX LIT-USD	−0.0194%	1h	4.7982	+0.120%	$994	$478K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0160%	4h	4.7980	+0.115%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.7963	+0.080%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	+0.238%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7899	−0.053%	$898K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0012%	8h	4.7850	−0.156%	$5K	$1K	5x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7920	−0.010%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8006	+0.169%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.344%	$419	$125K	5.5x	as long as short
Bulk LIT-USDlong	+0.0046%	1h	4.7925	long leg	$121K	$7K	10x
RISEx LIT/USDC	+0.0061%	1h	4.8001	+0.159%	$829K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0092%	1h	4.7935	+0.021%	$2.1M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8042	+0.245%	$59.9M	$29.7M	5x	as long as short
Aftermath Perps LITUSD	+0.0097%	1h	4.7973	+0.100%	$11K	$199K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8029	+0.218%	$213.0M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7933	+0.017%	$597K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7984	+0.124%	$75.4M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7919	−0.012%	$118K	$452K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7980	+0.115%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8020	+0.199%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7997	+0.151%	$671K	$1.5M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7913	−0.024%	$292K	$313K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7992	+0.140%	$453K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8018	+0.196%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7883	−0.087%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7924	−0.002%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7976	+0.108%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7866	−0.122%	$150K	$44K	3x
Aster LITUSDT	+0.0151%	4h	4.8044	+0.248%	$12.8M	$2.6M	50x	as long as short
Lighter RH LIT	+0.0168%	1h	4.8067	+0.297%	$3.8M	$13.9M	5x	as long as short
Perpl LIT	+0.0223%	43m	4.7991	+0.138%	$32K	$856K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7956	+0.065%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0429% / S −0.0232%	1h	4.8005	+0.168%	$60K	—	50x	as long as short