Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0184%/8h= −20.2% APRpaid last 24h −0.093%

Price spread now: OKX against Aevo+0.049%60s7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1411.409% of the position

Long on Aevo Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.049%, 7d avg +0.030%

Together, before fees−0.246%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.8071	0.0104	pay 0.0013% / 1h	55m 27s	$150K	—	3x
Short	OKX LIT-USDT-SWAP	4.8094	−0.0080	pay 0.0040% / 4h	1h 55m	$26.1M	$54.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$38.73
Price spread: +0.049% → +0.030%: $1.83
Slippage, 4 orders: −$114.93
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: −$177.83
Costs to cover: 1.409%
Break-even: never at this rate

Slippage from Aevo: live order book, 56 min ago; OKX: live order book, 1 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, 56 min ago	15.72 bp	71.3 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.10 bp	10.1 bp −$10	28.4 bp −$284	doesn't fit	doesn't fit

LIT on 41 exchanges

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
Orderly PERP_LIT_USDC	−0.0363%	4h	4.8031	−0.082%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0304%	1h	4.8028	−0.089%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0296%	1h	4.8127	+0.118%	$609K	$297K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0133%	1h	4.8085	+0.030%	$42K	$19K	10x	as long as short
Bullet LIT-USD	−0.0081%	1h	4.8056	−0.031%	$86K	$44K	20x	as long as short
OKX LIT-USDT-SWAPshort	−0.0080%	4h	4.8094	+0.049%	$26.1M	$54.2M	50x
Extended LIT-USD	−0.0080%	1h	4.8031	−0.083%	$5.1M	$4.8M	25x	as long as short
ApeX Omni LITUSDT	−0.0026%	1h	4.7900	−0.355%	$58K	$78K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8069	−0.004%	$35K	—	5x	as long as short
Phoenix LIT	0.0000%	1h	4.8185	+0.238%	$207K	$268K	5x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7974	−0.202%	$36K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0006%	4h	4.8044	−0.056%	$893K	$1.9M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.064%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0068%	4h	4.8060	−0.022%	$41.7M	$24.8M	75x	as long as short
Gate LIT_USDT	+0.0072%	4h	4.8060	−0.022%	$2.8M	$3.6M	50x	as long as short
Pacifica LIT	+0.0092%	1h	4.8061	−0.020%	$640K	$1.5M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8107	+0.076%	$60.0M	$23.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0098%	8h	4.8044	−0.055%	$7K	$1K	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8053	−0.038%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8115	+0.092%	$217.4M	$34.9M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8055	−0.033%	$77.5M	$65.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8066	−0.010%	$132K	$358K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8088	+0.037%	$157K	$37K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8053	−0.037%	$6.3M	$3.5M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8076	+0.011%	$5.5M	$678K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8050	−0.043%	$6.9M	$2.2M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8060	−0.022%	$685K	$869K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7942	−0.268%	$294K	$300K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8063	−0.016%	$448K	$80K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8034	−0.076%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8027	−0.091%	$4K	$297K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8018	−0.109%	$193K	$269K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8090	+0.040%	$1.4M	$2.7M	20x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.8071	long leg	$150K	—	3x
RISEx LIT/USDC	+0.0176%	1h	4.8073	+0.004%	$808K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0288%	4h	4.8096	+0.053%	$12.9M	$1.8M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8053	−0.037%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0360%	1h	4.8129	+0.121%	$3.8M	$11.2M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.8070	−0.002%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8072	+0.002%	$29K	$561K	33x	as long as short
Aftermath Perps LITUSD	+0.0475%	1h	4.8044	−0.055%	$9K	$183K	10x	as long as short