Funding you earn now, next payment 01:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h +0.025%
Price spread now: edgeX against Backpack−0.700%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 3 days (all we have)+0.735%+$73 · spread now −0.700%, 7d avg −0.036%
=Together, before fees+0.625%+ Points / potential airdropedgeX: Active · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.664% cheaper against Backpack than usual: you would sell low and buy high (spread −0.700% now, against its 7-day average of −0.036%). If the spread goes back, that is −$66 on $10k: about 9.1 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% 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 | Backpack LIT_USDC_PERP | 4.7479 | −0.0142 | get 0.0018% / 1h | 44m 23s | $684K | $1.4M | 5x |
| Short | edgeX LITUSDC | 4.7147 | 0.0100 | get 0.0050% / 4h | 3h 44m | $287K | $311K | 10x |
Backpack LIT_USDC_PERP
edgeX LITUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Backpack. 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
- $50.87
- Price spread: −0.700% → −0.036%
- −$66.38
- Slippage, 4 orders
- −$14.74
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$49.25
- Costs to cover
- 0.337%
- Break-even
- 13.8 days
Slippage from Backpack: live order book, 5 min ago; edgeX: live order book, 29 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 Backpack live order book, 5 min ago | 0.85 bp | 6.1 bp −$6 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 5.19 bp | 10.6 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 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-USD | −0.0323% | 1h | 4.7462 | −0.036% | $85K | $77K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0262% | 4h | 4.7478 | −0.002% | $25.8M | $64.1M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0156% | 4h | 4.7482 | +0.006% | $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 |
Gate LIT_USDT
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Phemex LITUSDT
Coinbase International LIT-PERP-INTXShow 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 | 4.7507 | +0.060% | $31K | $860K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7497 | +0.039% | $35K | — | 150x | as long as short |
| Nado LIT-PERP | +0.0014% | 1h | 4.7475 | −0.008% | $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 | 4.7551 | +0.152% | $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 | 4.7455 | −0.050% | $75.7M | $81.3M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7465 | −0.029% | $42.8M | $29.9M | 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 | 4.7453 | −0.055% | $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 LITUSDCshort | +0.0100% | 4h | 4.7147 | −0.700% | $287K | $311K | 10x | |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7483 | +0.008% | $449K | $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 | +0.0154% | 1h | 4.7555 | +0.160% | $213.3M | $44.9M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0313% | 1h | 4.7325 | −0.324% | $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 | 4.7487 | +0.016% | $63K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Nado LIT-PERP
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Hyperliquid LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]