Funding you earn now, next payment 23:00 UTC−0.0627%/8h= −68.7% APRpaid last 24h −0.012%
Price spread now: Phemex against ApeX Omni−0.191%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Phemex is 0.191% cheaper against ApeX Omni than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% 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 | ApeX Omni LITUSDT | 4.7130 | 0.0100 | pay 0.0013% / 1h | 36m 27s | $55K | $78K | 50x |
| Short | Phemex LITUSDT | 4.7040 | −0.0527 | pay 0.0264% / 4h | 1h 36m | $1.3M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$131.75
- Price spread: −0.191% → 0.000%
- −$19.1
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$172.85
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.
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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 5.32 bp | 26.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
ApeX Omni: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1084% | 4h | 4.7030 | −0.212% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0966% | 1h | 4.7054 | −0.162% | $41K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0721% | 1h | 4.7090 | −0.085% | $661K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0631% | 4h | 4.6922 | −0.441% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.6915 | −0.456% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDTshort | −0.0527% | 4h | 4.7040 | −0.191% | $1.3M | $2.7M | 20x | |
| OKX LIT-USDT-SWAP | −0.0432% | 4h | 4.6980 | −0.318% | $25.3M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0354% | 1h | 4.6982 | −0.314% | $84K | $80K | 20x | as long as short |
| Bybit LITUSDT | −0.0300% | 4h | 4.7000 | −0.276% | $42.5M | $30.3M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0294% | 4h | 4.7000 | −0.276% | $5.2M | $1.1M | 30x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0228% | 1h | 4.7131 | +0.002% | $10K | $202K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0178% | 4h | 4.7130 | −0.001% | $900K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.254% | $660K | $388K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7028 | −0.215% | $784K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0045% | 1h | 4.6978 | −0.321% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7117 | −0.028% | $245K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0004% | 8h | 4.6974 | −0.331% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7074 | −0.119% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7051 | −0.168% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.931% | $422 | $178K | 5.5x | as long as short |
| SoDEX LIT-USD | +0.0044% | 1h | 4.7055 | −0.159% | $1K | $467K | 5x | as long as short |
| Binance LITUSDT | +0.0057% | 4h | 4.6963 | −0.354% | $74.5M | $81.0M | 75x | as long as short |
| MEXC LIT_USDT | +0.0058% | 4h | 4.6974 | −0.331% | $5.5M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0060% | 4h | 4.7140 | +0.020% | $287K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7050 | −0.171% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7107 | −0.049% | $59.2M | $29.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7065 | −0.138% | $209.8M | $44.2M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7067 | −0.134% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7060 | −0.149% | $579K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7028 | −0.216% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7148 | +0.038% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7020 | −0.233% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDTlong | +0.0100% | 1h | 4.7130 | long leg | $55K | $78K | 50x | |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7008 | −0.259% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7103 | −0.057% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7063 | −0.142% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7137 | +0.015% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6980 | −0.319% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0233% | 4h | 4.7034 | −0.204% | $1.5M | $2.0M | 75x | as long as short |
| Lighter RH LIT | +0.0328% | 1h | 4.7136 | +0.013% | $3.7M | $13.6M | 5x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7032 | −0.208% | $31K | $840K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7024 | −0.225% | $59K | — | 50x | as long as short |
ApeX Omni LITUSDT
Phemex LITUSDT
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
KuCoin LITUSDTM
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
SoDEX LIT-USD
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]