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−0.0216%/8h= −23.7% APRnext payment $0.27 per $10,000 · paid last 24h −0.041%
Price spread now: Coinbase International against Aevo+0.309%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as 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)+0.457%+$46 · spread now +0.309%, 7d avg +0.149%
Together, before fees−0.467%−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.160% dearer against Aevo than usual: you sell high and buy low (spread +0.309% now, against its 7-day average of +0.149%): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.924% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LIT-PERP4.75740.0064pay 0.0008% / 1h14m 09s$149K$44K3x
ShortCoinbase International LIT-PERP-INTX4.7721−0.0152pay 0.0019% / 1h14m 09s$660K$404K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$45.36
Price spread: +0.309% → +0.149%
$15.96
Slippage, 4 orders
−$199.27
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$254.66
Costs to cover
2.253%
Break-even
never at this rate
Slippage from Aevo: live order book, 10 min ago; Coinbase International: live order book, 9 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 Aevo live order book, 10 min ago83.17 bp91.2 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 9 min ago8.70 bp19.8 bp −$2059.0 bp −$590doesn'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−0.1225%1h4.7603+0.061%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0611%4h4.7535−0.083%$33K$2K10xas long as short
Phemex LITUSDT−0.0587%4h4.7580+0.012%$1.3M$2.7M20xas long as short
Gate LIT_USDT−0.0562%4h4.7610+0.075%$2.8M$4.5M50xas long as short
01 Exchange LITUSD−0.0560%1h4.7536−0.080%$33K$4K5xas long as short
Bullet LIT-USD−0.0348%1h4.7588+0.029%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0336%4h4.7596+0.046%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0294%4h4.7610+0.075%$43.0M$30.7M75xas long as short
KuCoin LITUSDTM−0.0280%4h4.7654+0.168%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582+0.016%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0237%1h4.7629+0.115%$669K$1.5M5xas long as short
Coinbase International LIT-PERP-INTXshort−0.0152%1h4.7721+0.309%$660K$404K50x
Aftermath Perps LITUSD−0.0075%1h4.7593+0.039%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7660+0.180%$247K$321K5xas long as short
SoDEX LIT-USD−0.0031%1h4.7597+0.048%$1K$487K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7558−0.033%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7646+0.150%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7664+0.189%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7636+0.129%$830K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0020%1h4.7597+0.048%$449K$105K10xas long as short
Nado LIT-PERP+0.0022%1h4.7577+0.007%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.979%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7574−0.001%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0045%4h4.7569−0.012%$75.3M$81.5M75xas long as short
edgeX LITUSDC+0.0046%4h4.7599+0.052%$290K$312K10xas long as short
Aevo LIT-PERPlong+0.0064%1h4.7574long leg$149K$44K3x
Lighter LIT+0.0096%1h4.7673+0.208%$59.8M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7680+0.222%$212.4M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7663+0.187%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7638+0.134%$587K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7599+0.052%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7610+0.075%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7650+0.159%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7642+0.142%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7615+0.086%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7651+0.161%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.253%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7583+0.019%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7631+0.120%$31K$839K33xas long as short
BloFin LIT-USDT+0.0182%4h4.7612+0.079%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7642+0.142%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7698+0.260%$3.7M$14.2M5xas long as short