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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:38 UTC−0.0343%/8h= −37.5% APRpaid last 24h −0.039%
Price spread now: Aevo against Perpl−0.053%7-day average −0.078% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 3 days (all we have)−0.114%−$11 · spread now −0.053%, 7d avg −0.078%
Together, before fees−0.059%+ Points / potential airdropPerpl: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.024% dearer against Perpl than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.078%): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl LIT4.71140.0447pay 0.0040% / 43m5m 11s$31K$833K33x
ShortAevo LIT-PERP4.70890.0104get 0.0013% / 1h0m 11s$147K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Perpl. 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
−$71.93
Price spread: −0.053% → −0.078%
$2.45
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$99.28
Costs to cover
0.298%
Break-even
never at this rate
Slippage unknown: Perpl: no order-book sample; Aevo: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Perpl no order-book sample
Sell Aevo live order book, 4 min ago14.92 bp30.6 bp −$31doesn't fitdoesn't fitdoesn't fit
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 41 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
01 Exchange LITUSD−0.0480%1h4.7089−0.054%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0417%4h4.7039−0.160%$32K$1K10xas long as short
Bullet LIT-USD−0.0297%1h4.7080−0.073%$85K$67K20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0296%1h4.7076−0.081%$41K$40K10xas long as short
GRVT LIT_USDT_Perp−0.0102%4h4.6953−0.343%$898K$1.7M10xas long as short
Phoenix LIT−0.0102%1h4.6990−0.264%$203K$352K5xas long as short
Coinbase International LIT-PERP-INTX−0.0080%1h4.7385+0.573%$670K$370K50xas long as short
ApeX Omni LITUSDT−0.0069%1h4.6920−0.413%$56K$77K50xas long as short
KuCoin LITUSDTM−0.0064%4h4.7086−0.060%$5.2M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0057%4h4.7084−0.065%$25.5M$61.7M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITUSDT−0.0041%4h4.7060−0.115%$1.4M$2.8M20xas long as short
Gate LIT_USDT−0.0002%4h4.7100−0.031%$2.8M$4.3M50xas long as short
dYdX LIT-USD0.0000%1h4.7092−0.049%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7109−0.012%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.965%$422$178K5.5xas long as short
Bulk LIT-USD+0.0039%1h4.6872−0.514%$117K$1K10xas long as short
Paradex LIT-USD-PERP+0.0052%8h4.7037−0.165%$7K$2K5xas long as short
RISEx LIT/USDC+0.0081%1h4.7105−0.019%$811K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.7141+0.056%$59.0M$29.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7085−0.062%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7151+0.078%$210.8M$41.3M5xas long as short
Pacifica LIT+0.0100%1h4.7092−0.048%$584K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7069−0.097%$74.9M$78.0M75xas long as short
Bybit LITUSDT+0.0100%4h4.7079−0.075%$41.8M$28.7M75xas long as short
Arcus LIT-USD+0.0100%1h4.7080−0.073%$117K$444K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7064−0.107%$5.4M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7120+0.012%$6.7M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7111−0.007%$683K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.6943−0.364%$286K$305K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7108−0.014%$445K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7109−0.011%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7075−0.084%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7087−0.058%$1K$415K5xas long as short
HTX LIT-USDT+0.0100%4h4.7050−0.137%$190K$352K30xas long as short
Extended LIT-USD+0.0104%1h4.7064−0.108%$5.1M$5.0M25xas long as short
Aevo LIT-PERPshort+0.0104%1h4.7089−0.053%$147K3x
Aster LITUSDT+0.0141%4h4.7161+0.099%$12.6M$2.0M50xas long as short
Lighter RH LIT+0.0232%1h4.7166+0.110%$3.7M$13.3M5xas long as short
Aftermath Perps LITUSD+0.0297%1h4.7048−0.142%$9K$209K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0408% / S −0.0203%1h4.7098−0.034%$63K50xas long as short
Perpl LITlong+0.0447%43m4.7114long leg$31K$833K33x