Funding you earn now, next payment 21:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h −0.025%
Price spread now: Phoenix against Aster−0.241%115s7-day average +0.070% · 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—prices read too far apart to compare
costs, in and out, $10k−$510.509% of the position
Funding, last 5 days (all we have)+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)+1.355%+$135 · spread now −0.241%, 7d avg +0.070%
=Together, before fees+1.382%+ Points / potential airdropAster: Stage 5 · farm board+$138 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phoenix is 0.312% cheaper against Aster than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.070%). Swap the legs. The two prices were read 115 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 | Aster LITUSDT | 4.7698 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $12.8M | $2.5M | 50x |
| Short | Phoenix LIT | 4.7583 | −0.0050 | pay 0.0006% / 1h | 17m 39s | $247K | $321K | 5x |
Aster LITUSDT
Phoenix LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- −$31.55
- Price spread: −0.241% → +0.070%
- −$31.17
- Slippage, 4 orders
- −$35.9
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$113.61
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Phoenix: live order book, 3 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, 1 min ago | 3.04 bp | 9.7 bp −$10 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 2.10 bp | 16.1 bp −$16 | 50.2 bp −$502 | 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 | −0.0979% | 1h | 4.7639 | −0.124% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0610% | 4h | 4.7594 | −0.218% | $33K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0600% | 4h | 4.7640 | −0.122% | $2.8M | $4.5M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7565 | −0.279% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0553% | 4h | 4.7600 | −0.206% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0338% | 1h | 4.7631 | −0.141% | $86K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0326% | 4h | 4.7612 | −0.181% | $25.1M | $62.2M | 50x | as long as short |
| Bybit LITUSDT | −0.0294% | 4h | 4.7600 | −0.206% | $43.1M | $30.6M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0284% | 4h | 4.7655 | −0.091% | $5.3M | $1.1M | 30x | as long as short |
| Backpack LIT_USDC_PERP | −0.0273% | 1h | 4.7673 | −0.053% | $670K | $1.5M | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Gate LIT_USDT
01 Exchange LITUSD
Phemex LITUSDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0264% | 4h | 4.7613 | −0.178% | $901K | $1.9M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.048% | $660K | $404K | 50x | as long as short |
| Phoenix LITshort | −0.0050% | 1h | 4.7583 | −0.241% | $247K | $321K | 5x | |
| Aftermath Perps LITUSD | −0.0028% | 1h | 4.7603 | −0.199% | $12K | $199K | 10x | as long as short |
| Paradex LIT-USD-PERP | −0.0022% | 8h | 4.7588 | −0.231% | $6K | $2K | 5x | as long as short |
| SoDEX LIT-USD | −0.0002% | 1h | 4.7625 | −0.153% | $1K | $487K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7638 | −0.127% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7685 | −0.027% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7634 | −0.135% | $830K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0014% | 1h | 4.7605 | −0.195% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0031% | 1h | 4.7653 | −0.095% | $450K | $105K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.717% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0044% | 4h | 4.7591 | −0.225% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0044% | 4h | 4.7633 | −0.137% | $290K | $311K | 10x | as long as short |
| Binance LITUSDT | +0.0046% | 4h | 4.7579 | −0.250% | $75.3M | $81.4M | 75x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7629 | −0.144% | $149K | $44K | 3x | as long as short |
| Extended LIT-USD | +0.0080% | 1h | 4.7598 | −0.209% | $5.3M | $5.2M | 25x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7695 | −0.007% | $59.8M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7702 | +0.008% | $212.0M | $45.1M | 5x | as long as short |
| Aster LITUSDTlong | +0.0100% | 4h | 4.7698 | long leg | $12.8M | $2.5M | 50x | |
| Pacifica LIT | +0.0100% | 1h | 4.7655 | −0.091% | $588K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7621 | −0.162% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7650 | −0.101% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7680 | −0.038% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7681 | −0.036% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7681 | −0.036% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7684 | −0.030% | $191K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | −0.512% | $119K | $6K | 10x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7668 | −0.063% | $32K | $839K | 33x | as long as short |
| BloFin LIT-USDT | +0.0178% | 4h | 4.7633 | −0.137% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0359% / S −0.0155% | 1h | 4.7681 | −0.036% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0424% | 1h | 4.7713 | +0.031% | $3.7M | $14.2M | 5x | as long as short |
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
Paradex LIT-USD-PERP
SoDEX LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Nado LIT-PERP
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
Aevo LIT-PERP
Extended LIT-USD
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT