LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: dYdX against Backpack−0.259%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 dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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 −$3 a day on $10k at the current rate, and dYdX is 0.259% cheaper against Backpack than usual: you would sell low and buy high (−$26 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	4.7444	0.0100	pay 0.0013% / 1h	40m 45s	$664K	$1.1M	5x
Short	dYdX LIT-USD	4.7321	0	get 0.0000% / 1h	40m 45s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.259%Rate

Funding earned: −$21
Price spread: −0.259% → 0.000%: −$25.89
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$66.89
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 3 min ago; dYdX: 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, 3 min ago	0.11 bp	9.7 bp −$10	19.3 bp −$193	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−0.303%	$612K	$358K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0382%	4h	4.7378	−0.139%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.7400	−0.093%	$31K	$5K	5x	as long as short
Phemex LITUSDT	−0.0303%	4h	4.7420	−0.051%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	−0.0218%	4h	4.7321	−0.260%	$897K	$1.8M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0165%	1h	4.7450	+0.013%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0153%	1h	4.7440	−0.008%	$85K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0141%	4h	4.7272	−0.363%	$25.5M	$60.7M	50x	as long as short
Bybit LITUSDT	−0.0091%	4h	4.7320	−0.261%	$41.2M	$28.6M	75x	as long as short
Phoenix LIT	−0.0017%	1h	4.7395	−0.103%	$204K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7446	+0.004%	$821K	$2.2M	5x	as long as short
KuCoin LITUSDTM	−0.0004%	4h	4.7387	−0.120%	$5.3M	$1.0M	30x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7321	−0.259%	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7468	+0.050%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.256%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7358	−0.181%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7344	−0.211%	$59.0M	$27.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7400	−0.093%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7418	−0.055%	$212.0M	$40.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7330	−0.240%	$572K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7290	−0.325%	$75.9M	$77.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7447	+0.006%	$119K	$457K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7370	−0.156%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7333	−0.234%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7380	−0.135%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERPlong	+0.0100%	1h	4.7444	long leg	$664K	$1.1M	5x
edgeX LITUSDC	+0.0100%	4h	4.7301	−0.301%	$289K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7310	−0.282%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7433	−0.023%	$446K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7457	+0.027%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7401	−0.091%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7438	−0.013%	$1K	$351K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7426	−0.038%	$201K	$347K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7306	−0.291%	$118K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7317	−0.267%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7433	−0.023%	$148K	—	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7365	−0.167%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0212%	4h	4.7402	−0.089%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7394	−0.105%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0416%	1h	4.7418	−0.056%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7465	+0.044%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7459	+0.032%	$31K	$705K	33x	as long as short