LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.43 per $10,000 · paid last 24h −0.081%

Price spread now: Phemex against Bitget−0.064%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1261.263% of the position

Long on Bitget Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$18 on $10k

Price spread, last 3 days (all we have)−0.040%−$4 · spread now −0.064%, 7d avg −0.078%

Together, before fees−0.219%−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LITUSDT	4.7080	0.0100	pay 0.0050% / 4h	2h 31m	$6.7M	$2.7M	20x
Short	Phemex LITUSDT	4.7050	0.0015	get 0.0007% / 4h	2h 31m	$1.4M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee PhemexbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$17.88
Price spread: −0.064% → −0.078%: $1.47
Slippage, 4 orders: −$102.26
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$142.67
Costs to cover: 1.263%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago	1.06 bp	22.5 bp −$23	99.6 bp −$996	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	8.51 bp	37.7 bp −$38	doesn't fit	doesn't fit	doesn't fit

LIT on 41 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
01 Exchange LITUSD	−0.0608%	1h	4.7026	−0.115%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0540%	1h	4.7077	−0.006%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0462%	4h	4.7014	−0.140%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0439%	1h	4.7060	−0.042%	$84K	$73K	20x	as long as short
Gate LIT_USDT	−0.0204%	4h	4.7080	0.000%	$2.8M	$4.3M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0157%	4h	4.7049	−0.066%	$25.5M	$63.7M	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7080	0.000%	$5.2M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0136%	4h	4.7050	−0.064%	$904K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.7030	−0.106%	$56K	$77K	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.6823	−0.546%	$202K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	+0.274%	$668K	$387K	50x	as long as short
Backpack LIT_USDC_PERP	−0.0076%	1h	4.7076	−0.008%	$679K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7102	+0.048%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7105	+0.054%	$471	—	150x	as long as short
Phemex LITUSDTshort	+0.0015%	4h	4.7050	−0.064%	$1.4M	$2.7M	20x
Bulk LIT-USD	+0.0030%	1h	4.6912	−0.358%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.039%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0035%	8h	4.7032	−0.102%	$7K	$2K	5x	as long as short
SoDEX LIT-USD	+0.0076%	1h	4.7078	−0.004%	$1K	$450K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7133	+0.113%	$788K	$2.0M	5x	as long as short
Bybit LITUSDT	+0.0094%	4h	4.7022	−0.123%	$42.2M	$29.7M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7108	+0.059%	$59.0M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7122	+0.089%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7075	−0.011%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7113	+0.070%	$210.8M	$43.9M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7123	+0.091%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7082	+0.004%	$584K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7007	−0.155%	$75.0M	$80.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7089	+0.019%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7021	−0.125%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.7080	long leg	$6.7M	$2.7M	20x
edgeX LITUSDC	+0.0100%	4h	4.6972	−0.230%	$286K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7086	+0.013%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7121	+0.087%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7118	+0.081%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7215	+0.287%	$189K	$354K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7028	−0.111%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7051	−0.063%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0291%	1h	4.7012	−0.145%	$9K	$212K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0405% / S −0.0198%	1h	4.7093	+0.028%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7112	+0.068%	$31K	$862K	33x	as long as short