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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LIT-PERP-INTX | 4.7721 | −0.0152 | get 0.0019% / 1h | 8m 14s | $660K | $404K | 50x |
| Short | Aevo LIT-PERP | 4.7149 | 0.0048 | get 0.0006% / 1h | 8m 14s | $147K | $44K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 15 min ago | 8.70 bp | 23.1 bp −$23 | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 15 min ago | 83.17 bp | 91.2 bp −$91 | 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 | −0.1217% | 1h | 4.7163 | −1.169% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0636% | 4h | 4.7240 | −1.008% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0617% | 4h | 4.7114 | −1.272% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0603% | 4h | 4.7140 | −1.218% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7162 | −1.172% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0360% | 4h | 4.7149 | −1.199% | $25.0M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0354% | 1h | 4.7180 | −1.134% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0298% | 4h | 4.7260 | −0.966% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0287% | 4h | 4.7170 | −1.155% | $42.6M | $30.7M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0266% | 4h | 4.7310 | −0.862% | $898K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0253% | 1h | 4.7286 | −0.912% | $664K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTXlong | −0.0152% | 1h | 4.7721 | long leg | $660K | $404K | 50x | |
| Aftermath Perps LITUSD | −0.0134% | 1h | 4.7393 | −0.688% | $10K | $202K | 10x | as long as short |
| SoDEX LIT-USD | −0.0061% | 1h | 4.7160 | −1.176% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7251 | −0.985% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0020% | 8h | 4.7201 | −1.090% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7258 | −0.970% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7225 | −1.040% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7266 | −0.955% | $813K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0016% | 1h | 4.7219 | −1.051% | $2.1M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0022% | 1h | 4.7230 | −1.029% | $446K | $105K | 10x | as long as short |
| Binance LITUSDT | +0.0032% | 4h | 4.7127 | −1.245% | $74.7M | $81.6M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.668% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0036% | 4h | 4.7131 | −1.237% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0044% | 4h | 4.7395 | −0.683% | $288K | $310K | 10x | as long as short |
| Aevo LIT-PERPshort | +0.0048% | 1h | 4.7149 | −1.200% | $147K | $44K | 3x | |
| Lighter LIT | +0.0096% | 1h | 4.7225 | −1.040% | $59.2M | $30.3M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7303 | −0.876% | $210.8M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7254 | −0.980% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7277 | −0.931% | $583K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7227 | −1.036% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | −0.728% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7190 | −1.113% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7360 | −0.757% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7206 | −1.079% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7258 | −0.971% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7306 | −0.870% | $189K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7136 | −1.227% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7289 | −0.907% | $31K | $843K | 33x | as long as short |
| BloFin LIT-USDT | +0.0148% | 4h | 4.7183 | −1.128% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7209 | −1.074% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7256 | −0.975% | $3.7M | $14.3M | 5x | as long as short |
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Bybit LITUSDT
GRVT LIT_USDT_Perp
Backpack LIT_USDC_PERP
Aftermath Perps LITUSD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Binance LITUSDT
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT