Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0246%/8h= +26.9% APRpaid last 24h +0.045%

Price spread now: Aevo against KuCoin−0.063%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$184as in the Price arb table

costs, in and out, $10k−$1831.835% of the position

Long on KuCoin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.063%, 7d avg −0.054%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.7635	−0.0142	get 0.0071% / 4h	3h 04m	$5.3M	$1.1M	30x
Short	Aevo LIT-PERP	4.7605	0.0104	get 0.0013% / 1h	4m 02s	$149K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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 KuCoinbpFee AevobpOrdersPrice spread, now −0.063%Rate

Funding earned: $51.66
Price spread: −0.063% → −0.054%: −$0.86
Slippage, 4 orders: −$155.48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$132.68
Costs to cover: 1.835%
Break-even: 25.0 days

Slippage from KuCoin: live order book, 4 min ago; Aevo: live order book, 5 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 KuCoin live order book, 4 min ago	4.82 bp	24.8 bp −$25	395.5 bp −$3,955	doesn't fit	doesn't fit
Sell Aevo live order book, 5 min ago	58.71 bp	66.7 bp −$67	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	−0.0878%	1h	4.7620	−0.031%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0483%	4h	4.7572	−0.132%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0448%	1h	4.7550	−0.178%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0395%	1h	4.7641	+0.012%	$85K	$72K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0198%	4h	4.7573	−0.130%	$25.9M	$63.4M	50x	as long as short
ApeX Omni LITUSDT	−0.0194%	1h	4.7680	+0.094%	$57K	$77K	50x	as long as short
KuCoin LITUSDTMlong	−0.0142%	4h	4.7635	long leg	$5.3M	$1.1M	30x
GRVT LIT_USDT_Perp	−0.0092%	4h	4.7680	+0.095%	$906K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7783	+0.310%	$676K	$392K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7775	+0.294%	$208K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	+0.0002%	1h	4.7680	+0.095%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7690	+0.116%	$477	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.850%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0041%	8h	4.7635	+0.001%	$7K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0059%	1h	4.7640	+0.010%	$450K	$104K	10x	as long as short
Nado LIT-PERP	+0.0085%	1h	4.7605	−0.063%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7697	+0.130%	$59.6M	$30.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7680	+0.094%	$12.8M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7675	+0.084%	$591K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7580	−0.116%	$76.0M	$79.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7593	−0.088%	$42.8M	$29.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7653	+0.038%	$118K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7660	+0.053%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7630	−0.010%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7586	−0.103%	$5.5M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7640	+0.010%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7649	+0.029%	$690K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7738	+0.215%	$291K	$308K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7671	+0.075%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7657	+0.046%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7627	−0.017%	$1K	$453K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7653	+0.038%	$190K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7620	−0.031%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7605	−0.063%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERPshort	+0.0104%	1h	4.7605	−0.063%	$149K	—	3x
RISEx LIT/USDC	+0.0119%	1h	4.7665	+0.064%	$794K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7715	+0.168%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0301%	1h	4.7697	+0.130%	$214.2M	$43.8M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7589	−0.097%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0354%	1h	4.7707	+0.150%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0401% / S −0.0191%	1h	4.7686	+0.108%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7671	+0.076%	$32K	$849K	33x	as long as short