Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.044%

Price spread now: KuCoin against Aevo+0.163%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1191.195% of the position

Long on Aevo Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.163%, 7d avg +0.056%

Together, before fees−0.116%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.108% dearer against Aevo than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.056%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.7647	0.0104	pay 0.0013% / 1h	46m 19s	$149K	—	3x
Short	KuCoin LITUSDTM	4.7725	0.0078	get 0.0039% / 4h	1h 46m	$5.4M	$992K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee AevobpFee KuCoinbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$5.46
Price spread: +0.163% → +0.056%: $10.8
Slippage, 4 orders: −$91.5
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$114.16
Costs to cover: 1.195%
Break-even: never at this rate

Slippage from Aevo: live order book, 62 min ago; KuCoin: live order book, 2 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 Aevo live order book, 62 min ago	14.75 bp	27.6 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	5.76 bp	24.6 bp −$25	151.1 bp −$1,511	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	−0.0568%	1h	4.7649	+0.004%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.239%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0385%	4h	4.7591	−0.118%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0232%	1h	4.7632	−0.032%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0216%	1h	4.7653	+0.012%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0175%	4h	4.7663	+0.033%	$25.5M	$61.4M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7650	+0.005%	$882K	$2.0M	10x	as long as short
Backpack LIT_USDC_PERP	−0.0072%	1h	4.7691	+0.092%	$672K	$1.1M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7680	+0.070%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7695	+0.101%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7792	+0.304%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.825%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0063%	1h	4.7740	+0.195%	$57K	$73K	50x	as long as short
KuCoin LITUSDTMshort	+0.0078%	4h	4.7725	+0.163%	$5.4M	$992K	30x
Paradex LIT-USD-PERP	+0.0093%	8h	4.7654	+0.013%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0093%	4h	4.7646	−0.002%	$41.3M	$28.6M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7730	+0.174%	$59.4M	$27.2M	5x	as long as short
Phemex LITUSDT	+0.0099%	4h	4.7660	+0.027%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7655	+0.017%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7702	+0.115%	$619K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7632	−0.032%	$76.3M	$76.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7678	+0.065%	$124K	$457K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7710	+0.132%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7700	+0.111%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7635	−0.025%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7710	+0.132%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7723	+0.159%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7658	+0.023%	$447K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7676	+0.060%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7657	+0.021%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7690	+0.090%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7801	+0.323%	$198K	$323K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7623	−0.051%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.7647	long leg	$149K	—	3x
Perpl LIT	+0.0112%	43m	4.7701	+0.114%	$32K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7688	+0.087%	$795K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7789	+0.298%	$9K	$214K	10x	as long as short
Aster LITUSDT	+0.0221%	4h	4.7741	+0.196%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0286%	1h	4.7749	+0.214%	$215.4M	$40.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7647	0.000%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0376%	1h	4.7751	+0.218%	$3.6M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7680	+0.070%	$64K	—	50x	as long as short