Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.2% APRnext payment −$1.15 per $10,000 · paid last 24h −0.034%
Price spread now: GRVT against Bitget−0.273%63s7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 7 days+0.296%+$30 · spread now −0.273%, 7d avg −0.088%
=Together, before fees−0.112%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.185% cheaper against Bitget than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.088%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LITUSDT | 4.7670 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $6.8M | $2.7M | 20x |
| Short | GRVT LIT_USDT_Perp | 4.7540 | −0.0130 | pay 0.0065% / 4h | 1h 00m | $905K | $1.8M | 10x |
Bitget LITUSDT
GRVT LIT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- −$48.3
- Price spread: −0.273% → −0.088%
- −$18.48
- Slippage, 4 orders
- −$53.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$140.98
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; GRVT: 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 Bitget live order book, 3 min ago | 3.16 bp | 26.3 bp −$26 | 93.7 bp −$937 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.05 bp | 12.5 bp −$13 | 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 | −0.1104% | 4h | 4.7630 | −0.084% | $2.8M | $4.6M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0625% | 4h | 4.7561 | −0.229% | $33K | $2K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0556% | 1h | 4.7672 | +0.004% | $669K | $1.4M | 5x | as long as short |
| 01 Exchange LITUSD | −0.0544% | 1h | 4.7595 | −0.157% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0520% | 1h | 4.7626 | −0.093% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0478% | 4h | 4.7580 | −0.189% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0464% | 4h | 4.7593 | −0.162% | $25.8M | $63.8M | 50x | as long as short |
| Bullet LIT-USD | −0.0322% | 1h | 4.7572 | −0.206% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0234% | 4h | 4.7644 | −0.055% | $5.3M | $1.1M | 30x | as long as short |
| Aftermath Perps LITUSD | −0.0224% | 1h | 4.7589 | −0.169% | $13K | $204K | 10x | as long as short |
Gate LIT_USDT
Orderly PERP_LIT_USDC
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Aftermath Perps LITUSDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0206% | 4h | 4.7617 | −0.111% | $42.9M | $30.1M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7680 | +0.021% | $675K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perpshort | −0.0130% | 4h | 4.7540 | −0.273% | $905K | $1.8M | 10x | |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7626 | −0.091% | $815K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7628 | −0.088% | $206K | $327K | 5x | as long as short |
| Nado LIT-PERP | −0.0007% | 1h | 4.7597 | −0.153% | $2.2M | $1.7M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7663 | −0.015% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7585 | −0.177% | $31K | $841K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7644 | −0.055% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0007% | 8h | 4.7570 | −0.210% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.776% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7520 | −0.315% | $289K | $311K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.7575 | −0.199% | $5.7M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0061% | 4h | 4.7575 | −0.199% | $75.7M | $81.2M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7604 | −0.138% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7656 | −0.029% | $60.0M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7688 | +0.038% | $213.4M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7687 | +0.036% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7638 | −0.067% | $617K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7603 | −0.141% | $119K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7566 | −0.218% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDTlong | +0.0100% | 4h | 4.7670 | long leg | $6.8M | $2.7M | 20x | |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7500 | −0.357% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7601 | −0.145% | $450K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7656 | −0.029% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7637 | −0.069% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7625 | −0.094% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7651 | −0.040% | $191K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7586 | −0.177% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7670 | 0.000% | $3.7M | $13.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0229% | 4h | 4.7555 | −0.241% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0378% / S −0.0169% | 1h | 4.7641 | −0.062% | $62K | — | 50x | as long as short |
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
Nado LIT-PERP
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]