LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.074%

Price spread now: Bullet against Backpack−0.180%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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 −$6 a day on $10k at the current rate, and Bullet is 0.180% cheaper against Backpack than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LIT_USDC_PERP	4.7479	−0.0142	get 0.0018% / 1h	44m 38s	$684K	$1.4M	5x
Short	Bullet LIT-USD	4.7393	−0.0336	pay 0.0042% / 1h	44m 38s	$85K	$77K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Backpack. 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 BackpackbpFee BulletbpOrdersPrice spread, now −0.180%Rate

Funding earned: −$40.73
Price spread: −0.180% → 0.000%: −$18.02
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$76.75
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 4 min ago; Bullet: no order-book sample. 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 Backpack live order book, 4 min ago	0.85 bp	6.1 bp −$6	13.6 bp −$136	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	−0.0532%	4h	4.7470	−0.019%	$2.8M	$4.4M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0515%	4h	4.7374	−0.221%	$32K	$2K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0494%	1h	4.7414	−0.137%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0416%	1h	4.7476	−0.006%	$33K	$4K	5x	as long as short
Bullet LIT-USDshort	−0.0336%	1h	4.7393	−0.180%	$85K	$77K	20x
OKX LIT-USDT-SWAP	−0.0262%	4h	4.7489	+0.021%	$25.7M	$64.1M	50x	as long as short
KuCoin LITUSDTM	−0.0156%	4h	4.7485	+0.013%	$5.3M	$1.1M	30x	as long as short
Backpack LIT_USDC_PERPlong	−0.0142%	1h	4.7479	long leg	$684K	$1.4M	5x
Phemex LITUSDT	−0.0091%	4h	4.7410	−0.145%	$1.4M	$2.7M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7414	−0.138%	$670K	$402K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0074%	4h	4.7138	−0.719%	$894K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	−0.0058%	1h	4.7180	−0.630%	$55K	$77K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7328	−0.318%	$205K	$361K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7522	+0.091%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7424	−0.116%	$31K	$861K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7429	−0.104%	$35K	—	150x	as long as short
Nado LIT-PERP	+0.0020%	1h	4.7395	−0.177%	$2.2M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.182%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0040%	8h	4.7464	−0.032%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7526	+0.099%	$59.4M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7560	+0.171%	$3.7M	$13.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7521	+0.089%	$12.7M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7496	+0.036%	$590K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7478	−0.002%	$75.7M	$81.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7472	−0.015%	$42.8M	$30.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7475	−0.008%	$117K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7141	−0.712%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7463	−0.034%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7500	+0.044%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7147	−0.700%	$287K	$311K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7405	−0.156%	$448K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7442	−0.077%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7366	−0.238%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7425	−0.114%	$998	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7344	−0.284%	$189K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7451	−0.060%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7406	−0.154%	$148K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7496	+0.037%	$807K	$2.0M	5x	as long as short
Hyperliquid LIT	+0.0143%	1h	4.7543	+0.135%	$213.2M	$44.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0305%	1h	4.7282	−0.414%	$10K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7352	−0.267%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0384% / S −0.0176%	1h	4.7425	−0.114%	$63K	—	50x	as long as short