LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0309%/8h= −33.9% APRnext payment −$1.55 per $10,000 · paid last 24h −0.084%

Price spread now: Phemex against Aster−0.163%7-day average −0.119% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$670.668% of the position

Long on Aster Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.196%−$20 on $10k

Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.163%, 7d avg −0.119%

Together, before fees−0.324%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phemex is 0.045% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.119%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.6967	0.0206	pay 0.0103% / 4h	53m 34s	$12.6M	$2.0M	50x
Short	Phemex LITUSDT	4.6890	−0.0103	pay 0.0051% / 4h	53m 34s	$1.4M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Aster. 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 AsterbpFee PhemexbpOrdersPrice spread, now −0.163%Rate

Funding earned: −$64.96
Price spread: −0.163% → −0.119%: −$4.46
Slippage, 4 orders: −$46.76
Fee Aster: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$136.17
Costs to cover: 0.668%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Phemex: 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 Aster live order book, 5 min ago	2.88 bp	9.5 bp −$10	24.0 bp −$240	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	2.14 bp	27.2 bp −$27	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	−0.0641%	1h	4.6897	−0.148%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0432%	1h	4.6827	−0.297%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0382%	4h	4.6879	−0.187%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0286%	1h	4.6923	−0.093%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.254%	$612K	$404K	50x	as long as short
Gate LIT_USDT	−0.0164%	4h	4.6910	−0.121%	$2.7M	$4.2M	50x	as long as short
ApeX Omni LITUSDT	−0.0152%	1h	4.6820	−0.312%	$56K	$76K	50x	as long as short
Phemex LITUSDTshort	−0.0103%	4h	4.6890	−0.163%	$1.4M	$2.8M	20x
Phoenix LIT	−0.0085%	1h	4.6835	−0.280%	$201K	$305K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0059%	1h	4.6911	−0.119%	$664K	$1.4M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0014%	4h	4.6860	−0.227%	$41.5M	$28.5M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6942	−0.053%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	+0.0001%	4h	4.6877	−0.191%	$25.2M	$61.5M	50x	as long as short
KuCoin LITUSDTM	+0.0002%	4h	4.6861	−0.225%	$5.2M	$1.0M	30x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6959	−0.017%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.285%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0040%	1h	4.6944	−0.048%	$438K	$109K	10x	as long as short
Paradex LIT-USD-PERP	+0.0058%	8h	4.6853	−0.242%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6912	−0.116%	$782K	$2.1M	5x	as long as short
GRVT LIT_USDT_Perp	+0.0076%	4h	4.6832	−0.287%	$915K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6913	−0.114%	$58.4M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6937	−0.063%	$3.6M	$13.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6880	−0.185%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6932	−0.074%	$209.8M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6891	−0.161%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6857	−0.234%	$74.8M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6892	−0.159%	$122K	$453K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6887	−0.170%	$117K	$973	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6853	−0.242%	$5.5M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6880	−0.185%	$6.8M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6697	−0.574%	$284K	$303K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6940	−0.056%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6934	−0.070%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6900	−0.142%	$2K	$397K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6942	−0.053%	$198K	$388K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6853	−0.243%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6874	−0.196%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0154%	1h	4.6882	−0.179%	$8K	$206K	10x	as long as short
Aster LITUSDTlong	+0.0206%	4h	4.6967	long leg	$12.6M	$2.0M	50x
Perpl LIT	+0.0335%	43m	4.6917	−0.105%	$31K	$793K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6836	−0.278%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0419% / S −0.0217%	1h	4.6962	−0.010%	$63K	—	50x	as long as short