Funding you earn now, next payment 22:00 UTC−0.0323%/8h= −35.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.078%
Price spread now: 01 Exchange against Backpack−0.195%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$10 a day on $10k at the current rate, and 01 Exchange is 0.195% cheaper against Backpack than usual: you would sell low and buy high (−$20 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 | 4.7629 | −0.0237 | get 0.0030% / 1h | 13m 39s | $669K | $1.5M | 5x |
| Short | 01 Exchange LITUSD | 4.7536 | −0.0560 | pay 0.0070% / 1h | 13m 39s | $33K | $4K | 5x |
Backpack LIT_USDC_PERP
01 Exchange LITUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$67.9
- Price spread: −0.195% → 0.000%
- −$19.53
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$104.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, just now; 01 Exchange: 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, just now | 0.31 bp | 5.6 bp −$6 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1225% | 1h | 4.7603 | −0.054% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0611% | 4h | 4.7535 | −0.197% | $33K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0587% | 4h | 4.7580 | −0.103% | $1.3M | $2.7M | 20x | as long as short |
| Gate LIT_USDT | −0.0562% | 4h | 4.7590 | −0.082% | $2.8M | $4.5M | 50x | as long as short |
| 01 Exchange LITUSDshort | −0.0560% | 1h | 4.7536 | −0.195% | $33K | $4K | 5x | |
| Bullet LIT-USD | −0.0348% | 1h | 4.7588 | −0.086% | $86K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0336% | 4h | 4.7563 | −0.139% | $25.2M | $62.3M | 50x | as long as short |
| Bybit LITUSDT | −0.0294% | 4h | 4.7600 | −0.061% | $43.0M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0282% | 4h | 4.7643 | +0.029% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0250% | 4h | 4.7582 | −0.099% | $901K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Phemex LITUSDT
Gate LIT_USDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERPlong | −0.0237% | 1h | 4.7629 | long leg | $669K | $1.5M | 5x | |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.194% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0075% | 1h | 4.7593 | −0.076% | $12K | $199K | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7660 | +0.065% | $247K | $321K | 5x | as long as short |
| SoDEX LIT-USD | −0.0031% | 1h | 4.7597 | −0.067% | $1K | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0023% | 8h | 4.7531 | −0.205% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7605 | −0.050% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7664 | +0.074% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7607 | −0.047% | $824K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0020% | 1h | 4.7597 | −0.067% | $449K | $105K | 10x | as long as short |
| Nado LIT-PERP | +0.0022% | 1h | 4.7577 | −0.108% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.863% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0044% | 4h | 4.7548 | −0.170% | $75.3M | $81.5M | 75x | as long as short |
| MEXC LIT_USDT | +0.0044% | 4h | 4.7555 | −0.155% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0046% | 4h | 4.7599 | −0.063% | $290K | $312K | 10x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7574 | −0.115% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7658 | +0.061% | $59.7M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7690 | +0.128% | $212.5M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7659 | +0.064% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7621 | −0.017% | $587K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7581 | −0.101% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7600 | −0.061% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7650 | +0.044% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7642 | +0.027% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7615 | −0.029% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7651 | +0.046% | $191K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | −0.367% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7556 | −0.152% | $5.3M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7631 | +0.005% | $31K | $839K | 33x | as long as short |
| BloFin LIT-USDT | +0.0182% | 4h | 4.7612 | −0.036% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7642 | +0.027% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0432% | 1h | 4.7676 | +0.099% | $3.7M | $14.2M | 5x | as long as short |
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Nado LIT-PERP
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT