Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.041%
Price spread now: Aevo against Coinbase International−1.200%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$2252.253% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.924%+$92 on $10k
Price spread, last 3 days (all we have)+0.434%+$43 · spread now −1.200%, 7d avg −0.149%
Together, before fees+1.358%+$136 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 1.051% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.200% now, against its 7-day average of −0.149%). If the spread goes back, that is −$105 on $10k: about 18 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.924% in total) that is about 8.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7721−0.0152get 0.0019% / 1h8m 14s$660K$404K50x
ShortAevo LIT-PERP4.71490.0048get 0.0006% / 1h8m 14s$147K$44K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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

Funding earned
$42
Price spread: −1.200% → −0.149%
−$105.05
Slippage, 4 orders
−$199.27
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$288.32
Costs to cover
2.253%
Break-even
55.1 days
Slippage from Coinbase International: live order book, 15 min ago; Aevo: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 15 min ago8.70 bp23.1 bp −$2377.4 bp −$774doesn't fitdoesn't fit
Sell Aevo live order book, 15 min ago83.17 bp91.2 bp −$91doesn't fitdoesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.1217%1h4.7163−1.169%$41K$40K10xas long as short
Gate LIT_USDT−0.0636%4h4.7240−1.008%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0617%4h4.7114−1.272%$32K$2K10xas long as short
Phemex LITUSDT−0.0603%4h4.7140−1.218%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0584%1h4.7162−1.172%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0360%4h4.7149−1.199%$25.0M$61.9M50xas long as short
Bullet LIT-USD−0.0354%1h4.7180−1.134%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0298%4h4.7260−0.966%$5.2M$1.1M30xas long as short
Bybit LITUSDT−0.0287%4h4.7170−1.155%$42.6M$30.7M75xas long as short
GRVT LIT_USDT_Perp−0.0266%4h4.7310−0.862%$898K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0253%1h4.7286−0.912%$664K$1.5M5xas long as short
Coinbase International LIT-PERP-INTXlong−0.0152%1h4.7721long leg$660K$404K50x
Aftermath Perps LITUSD−0.0134%1h4.7393−0.688%$10K$202K10xas long as short
SoDEX LIT-USD−0.0061%1h4.7160−1.176%$1K$487K5xas long as short
Phoenix LIT−0.0050%1h4.7251−0.985%$245K$321K5xas long as short
Paradex LIT-USD-PERP−0.0020%8h4.7201−1.090%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7258−0.970%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7225−1.040%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7266−0.955%$813K$2.0M5xas long as short
Nado LIT-PERP+0.0016%1h4.7219−1.051%$2.1M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0022%1h4.7230−1.029%$446K$105K10xas long as short
Binance LITUSDT+0.0032%4h4.7127−1.245%$74.7M$81.6M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.668%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0036%4h4.7131−1.237%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0044%4h4.7395−0.683%$288K$310K10xas long as short
Aevo LIT-PERPshort+0.0048%1h4.7149−1.200%$147K$44K3x
Lighter LIT+0.0096%1h4.7225−1.040%$59.2M$30.3M5xas long as short
Hyperliquid LIT+0.0100%1h4.7303−0.876%$210.8M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7254−0.980%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7277−0.931%$583K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7227−1.036%$116K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.7374−0.728%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7190−1.113%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7360−0.757%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7206−1.079%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7258−0.971%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7306−0.870%$189K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7136−1.227%$5.2M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7289−0.907%$31K$843K33xas long as short
BloFin LIT-USDT+0.0148%4h4.7183−1.128%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0357% / S −0.0155%1h4.7209−1.074%$59K50xas long as short
Lighter RH LIT+0.0416%1h4.7256−0.975%$3.7M$14.3M5xas long as short