Funding you earn now, next payment 05:14 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.046%
Price spread now: Perpl against Binance+0.101%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.101%, 7d avg +0.027%
=Together, before fees−0.085%+ Points / potential airdropPerpl: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.074% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.027%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | Binance LITUSDT | 4.7266 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $75.9M | $77.5M | 75x |
| Short | Perpl LIT | 4.7314 | 0.0447 | get 0.0040% / 43m | 20m 20s | $31K | $705K | 33x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $72.77
- Price spread: +0.101% → +0.027%
- $7.4
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $56.36
- Costs to cover
- 0.238%
- Break-even
- 1.6 days
Slippage unknown: Binance: live order book, 2 min ago; Perpl: 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 Binance live order book, 2 min ago | 0.11 bp | 12.3 bp −$12 | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | +0.072% | $612K | $358K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0380% | 4h | 4.7229 | −0.078% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0312% | 1h | 4.7250 | −0.034% | $31K | $5K | 5x | as long as short |
| Phemex LITUSDT | −0.0303% | 4h | 4.7420 | +0.326% | $1.4M | $2.8M | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0218% | 4h | 4.7321 | +0.116% | $897K | $1.8M | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0165% | 1h | 4.7450 | +0.389% | $42K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0156% | 1h | 4.7266 | 0.000% | $85K | $68K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0141% | 4h | 4.7280 | +0.030% | $25.5M | $60.7M | 50x | as long as short |
| Bybit LITUSDT | −0.0091% | 4h | 4.7280 | +0.030% | $41.2M | $28.6M | 75x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7395 | +0.273% | $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 | 4.7301 | +0.073% | $816K | $2.2M | 5x | as long as short |
| KuCoin LITUSDTM | −0.0004% | 4h | 4.7314 | +0.102% | $5.3M | $1.0M | 30x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7321 | +0.117% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7310 | +0.093% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.638% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0092% | 8h | 4.7277 | +0.022% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7344 | +0.165% | $59.0M | $27.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7260 | −0.012% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7358 | +0.195% | $211.8M | $40.7M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7330 | +0.135% | $572K | $1.6M | 10x | as long as short |
| Binance LITUSDTlong | +0.0100% | 4h | 4.7266 | long leg | $75.9M | $77.5M | 75x | |
| Arcus LIT-USD | +0.0100% | 1h | 4.7299 | +0.070% | $119K | $457K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7290 | +0.051% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7263 | −0.006% | $5.8M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7340 | +0.157% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7444 | +0.377% | $664K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7301 | +0.074% | $289K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7310 | +0.093% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7278 | +0.025% | $444K | $87K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7457 | +0.404% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7401 | +0.286% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7438 | +0.364% | $1K | $351K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7426 | +0.339% | $201K | $347K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7306 | +0.085% | $118K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7257 | −0.018% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7270 | +0.009% | $148K | — | 3x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7365 | +0.209% | $3.7M | $13.0M | 5x | as long as short |
| Aster LITUSDT | +0.0212% | 4h | 4.7367 | +0.214% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7394 | +0.271% | $1.6M | $1.9M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0418% | 1h | 4.7395 | +0.274% | $8K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0438% / S −0.0231% | 1h | 4.7288 | +0.046% | $65K | — | 50x | as long as short |
| Perpl LITshort | +0.0447% | 43m | 4.7314 | +0.101% | $31K | $705K | 33x |
Binance LITUSDT
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Phemex LITUSDT
GRVT LIT_USDT_Perp
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
Phoenix LIT
RISEx LIT/USDC
KuCoin LITUSDTM
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]