Funding you earn now, next payment 04:00 UTC−0.0302%/8h= −33.1% APRnext payment −$1.51 per $10,000 · paid last 24h −0.099%
Price spread now: OKX against Binance+0.055%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.055%, 7d avg +0.022%
=The price spread pays, funding is against you. OKX is 0.033% dearer against Binance than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.022%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.174% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.174% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.51 per $10,000. 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 | Binance LITUSDT | 4.7655 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $76.1M | $80.2M | 75x |
| Short | OKX LIT-USDT-SWAP | 4.7681 | −0.0202 | pay 0.0101% / 4h | 3h 15m | $25.9M | $63.8M | 50x |
Binance LITUSDT
OKX LIT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- −$63.51
- Price spread: +0.055% → +0.022%
- $3.26
- Slippage, 4 orders
- −$29.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.65
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; OKX: 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 Binance live order book, 12 min ago | 0.42 bp | 13.7 bp −$14 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.10 bp | 9.1 bp −$9 | 23.3 bp −$233 | 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 | −0.0635% | 1h | 4.7664 | +0.018% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0485% | 4h | 4.7603 | −0.109% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0424% | 1h | 4.7614 | −0.086% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0350% | 1h | 4.7639 | −0.034% | $85K | $72K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0216% | 1h | 4.7530 | −0.262% | $57K | $77K | 50x | as long as short |
| OKX LIT-USDT-SWAPshort | −0.0202% | 4h | 4.7681 | +0.055% | $25.9M | $63.8M | 50x | |
| KuCoin LITUSDTM | −0.0126% | 4h | 4.7666 | +0.023% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7644 | −0.023% | $674K | $391K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0064% | 4h | 4.7540 | −0.241% | $909K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7641 | −0.029% | $207K | $361K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7691 | +0.077% | $32K | $853K | 33x | as long as short |
| dYdX LIT-USD | +0.0003% | 1h | 4.7732 | +0.162% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7690 | +0.074% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.808% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0046% | 8h | 4.7672 | +0.035% | $7K | $2K | 5x | as long as short |
| Nado LIT-PERP | +0.0048% | 1h | 4.7626 | −0.061% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0092% | 1h | 4.7666 | +0.023% | $451K | $104K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7740 | +0.178% | $59.7M | $30.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7708 | +0.112% | $12.8M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7707 | +0.108% | $591K | $1.6M | 10x | as long as short |
| Binance LITUSDTlong | +0.0100% | 4h | 4.7655 | long leg | $76.1M | $80.2M | 75x | |
| Bybit LITUSDT | +0.0100% | 4h | 4.7660 | +0.010% | $42.9M | $29.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7675 | +0.042% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7476 | −0.375% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7690 | +0.073% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7664 | +0.019% | $5.6M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7720 | +0.136% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7709 | +0.113% | $691K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7504 | −0.317% | $289K | $308K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7698 | +0.090% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7665 | +0.021% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7672 | +0.036% | $988 | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7716 | +0.128% | $190K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7650 | −0.010% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7660 | +0.010% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7696 | +0.086% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7679 | +0.051% | $795K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0184% | 1h | 4.7765 | +0.231% | $3.7M | $13.7M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7632 | −0.048% | $1.6M | $2.0M | 75x | as long as short |
| Hyperliquid LIT | +0.0345% | 1h | 4.7776 | +0.254% | $214.5M | $43.9M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0398% / S −0.0188% | 1h | 4.7687 | +0.068% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0403% | 1h | 4.7609 | −0.096% | $9K | $203K | 10x | as long as short |
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Nado LIT-PERP
Polymarket Perps LIT-USD
Lighter LIT
Aster LITUSDT
Pacifica LIT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
BloFin LIT-USDT
Hyperliquid LIT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD