Funding you earn now, next payment 23:00 UTC−0.0306%/8h= −33.5% APRpaid last 24h −0.063%
Price spread now: Bybit against Bulk+0.107%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 3 days (all we have)−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.107%, 7d avg −0.026%
=The price spread pays, funding is against you. Bybit is 0.133% dearer against Bulk than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.026%): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 3 days (−0.077% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.077% in total (about -8.3% 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 | Bulk LIT-USD | 4.7566 | 0.0100 | pay 0.0013% / 1h | 0m 34s | $119K | $6K | 10x |
| Short | Bybit LITUSDT | 4.7617 | −0.0206 | pay 0.0103% / 4h | 1h 00m | $42.9M | $30.1M | 75x |
Bulk LIT-USD
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bulk. 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
- −$64.21
- Price spread: +0.107% → −0.026%
- $13.33
- Slippage, 4 orders
- −$35.11
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$103.98
- Costs to cover
- 0.531%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 18 min ago; Bybit: 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 Bulk live order book, 18 min ago | 0.96 bp | 8.1 bp −$8 | 19.4 bp −$194 | 73.4 bp −$7,342 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.05 bp | 18.0 bp −$18 | 56.0 bp −$560 | 473.9 bp −$47.4K | 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 | +0.135% | $2.8M | $4.6M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0625% | 4h | 4.7561 | −0.011% | $33K | $2K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0556% | 1h | 4.7672 | +0.223% | $669K | $1.4M | 5x | as long as short |
| 01 Exchange LITUSD | −0.0544% | 1h | 4.7595 | +0.061% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0520% | 1h | 4.7626 | +0.126% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0478% | 4h | 4.7580 | +0.029% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0464% | 4h | 4.7593 | +0.057% | $25.8M | $63.8M | 50x | as long as short |
| Bullet LIT-USD | −0.0322% | 1h | 4.7572 | +0.013% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0234% | 4h | 4.7644 | +0.164% | $5.3M | $1.1M | 30x | as long as short |
| Aftermath Perps LITUSD | −0.0224% | 1h | 4.7589 | +0.049% | $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 LITUSDTshort | −0.0206% | 4h | 4.7617 | +0.107% | $42.9M | $30.1M | 75x | |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7680 | +0.239% | $675K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0130% | 4h | 4.7540 | −0.055% | $905K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7626 | +0.127% | $815K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7628 | +0.130% | $206K | $327K | 5x | as long as short |
| Nado LIT-PERP | −0.0007% | 1h | 4.7597 | +0.065% | $2.2M | $1.7M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7663 | +0.204% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7585 | +0.041% | $31K | $841K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7644 | +0.164% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0007% | 8h | 4.7570 | +0.008% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.997% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7520 | −0.097% | $289K | $311K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.7575 | +0.019% | $5.7M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0061% | 4h | 4.7575 | +0.019% | $75.7M | $81.2M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7604 | +0.080% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7656 | +0.189% | $60.0M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7688 | +0.256% | $213.4M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7687 | +0.254% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7638 | +0.151% | $617K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7603 | +0.078% | $119K | $451K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.7566 | long leg | $119K | $6K | 10x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7670 | +0.219% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7500 | −0.139% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7601 | +0.074% | $450K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7656 | +0.189% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7637 | +0.149% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7625 | +0.124% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7651 | +0.179% | $191K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7586 | +0.041% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7670 | +0.219% | $3.7M | $13.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0229% | 4h | 4.7555 | −0.023% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0378% / S −0.0169% | 1h | 4.7641 | +0.157% | $62K | — | 50x | as long as short |
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
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
Bitget LITUSDT
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]