Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.066%

Price spread now: Aevo against Bybit−0.033%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1231.232% of the position

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.077%+$8 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.033%, 7d avg −0.036%

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

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7106	−0.0052	get 0.0026% / 4h	3h 27m	$41.1M	$28.9M	75x
Short	Aevo LIT-PERP	4.7091	0.0104	get 0.0013% / 1h	27m 13s	$147K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.033%Rate

Funding earned: $32.83
Price spread: −0.033% → −0.036%: $0.36
Slippage, 4 orders: −$96.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$90
Costs to cover: 1.232%
Break-even: 26.2 days

Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago	1.06 bp	18.8 bp −$19	54.4 bp −$544	doesn't fit	doesn't fit
Sell Aevo live order book, 26 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	−0.0518%	1h	4.7105	−0.003%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0377%	4h	4.7049	−0.121%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.429%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0273%	1h	4.7104	−0.004%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7098	−0.017%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0094%	4h	4.7080	−0.055%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDTlong	−0.0052%	4h	4.7106	long leg	$41.1M	$28.9M	75x
OKX LIT-USDT-SWAP	−0.0029%	4h	4.7098	−0.017%	$25.4M	$61.0M	50x	as long as short
ApeX Omni LITUSDT	−0.0022%	1h	4.7140	+0.072%	$56K	$76K	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7116	+0.021%	$203K	$299K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7152	+0.098%	$800K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7132	+0.054%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7162	+0.120%	$31K	$745K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7146	+0.086%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.7083	−0.049%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.983%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0046%	1h	4.7111	+0.010%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7175	+0.146%	$58.9M	$28.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0098%	8h	4.7085	−0.044%	$6K	$2K	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7200	+0.200%	$210.7M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7142	+0.076%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7097	−0.020%	$75.6M	$79.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7132	+0.055%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	−0.053%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7120	+0.030%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7092	−0.030%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7130	+0.051%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7132	+0.055%	$660K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7062	−0.094%	$288K	$303K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7070	−0.076%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7124	+0.038%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7132	+0.055%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7096	−0.021%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7115	+0.019%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7167	+0.129%	$199K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7081	−0.052%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7091	−0.033%	$147K	—	3x
Lighter RH LIT	+0.0192%	1h	4.7188	+0.174%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0228%	1h	4.7125	+0.040%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0253%	4h	4.7181	+0.159%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7094	−0.025%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7144	+0.080%	$65K	—	50x	as long as short