Funding you earn now, next payment 01:38 UTC+0.0471%/8h= +51.5% APRpaid last 24h +0.088%
Price spread now: Perpl against Coinbase International+0.074%50s7-day average −0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.828%+$83 on $10k
+Price spread, last 4 days (all we have)−1.164%−$116 · spread now +0.074%, 7d avg −0.107%
=Together, before fees−0.336%+ Points / potential airdropPerpl: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Perpl is 0.181% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.107%. The two prices were read 50 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 | Coinbase International LIT-PERP-INTX | 4.6800 | −0.0024 | get 0.0003% / 1h | 43m 19s | $657K | $372K | 50x |
| Short | Perpl LIT | 4.6835 | 0.0447 | get 0.0040% / 43m | 31m 19s | $31K | $828K | 33x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Coinbase International. 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
- $98.81
- Price spread: +0.074% → −0.107%
- $18.14
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $93.15
- Costs to cover
- 0.238%
- Break-even
- 0.4 days
Slippage unknown: Coinbase International: live order book, 20 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 Coinbase International live order book, 20 min ago | 9.38 bp | 15.6 bp −$16 | 49.5 bp −$495 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0395% | 4h | 4.6752 | −0.102% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0330% | 1h | 4.6797 | −0.006% | $84K | $68K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0288% | 1h | 4.6827 | +0.059% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0280% | 1h | 4.6813 | +0.028% | $33K | $4K | 5x | as long as short |
| Gate LIT_USDT | −0.0088% | 4h | 4.6820 | +0.043% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6728 | −0.153% | $201K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTXlong | −0.0024% | 1h | 4.6800 | long leg | $657K | $372K | 50x | |
| OKX LIT-USDT-SWAP | −0.0017% | 4h | 4.6843 | +0.092% | $25.3M | $61.6M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0016% | 4h | 4.6690 | −0.235% | $905K | $1.7M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0014% | 4h | 4.6794 | −0.012% | $5.2M | $1.1M | 30x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITUSDT | −0.0006% | 4h | 4.6780 | −0.042% | $1.4M | $2.8M | 20x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6834 | +0.074% | $11K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0015% | 1h | 4.6811 | +0.024% | $34K | — | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0022% | 1h | 4.6800 | 0.000% | $56K | $77K | 50x | as long as short |
| Backpack LIT_USDC_PERP | +0.0028% | 1h | 4.6862 | +0.133% | $679K | $1.4M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.650% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0065% | 8h | 4.6793 | −0.015% | $7K | $2K | 5x | as long as short |
| Bulk LIT-USD | +0.0089% | 1h | 4.6805 | +0.012% | $117K | $2K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6892 | +0.197% | $58.5M | $28.6M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6826 | +0.055% | $780K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6815 | +0.032% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6862 | +0.133% | $209.3M | $41.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6846 | +0.099% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6798 | −0.004% | $74.3M | $78.5M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6805 | +0.011% | $41.5M | $28.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6798 | −0.004% | $117K | $446K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6791 | −0.019% | $5.4M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6840 | +0.086% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6781 | −0.041% | $285K | $306K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6820 | +0.043% | $443K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6845 | +0.097% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6786 | −0.029% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6830 | +0.065% | $1K | $416K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6874 | +0.159% | $194K | $379K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6818 | +0.038% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6818 | +0.038% | $146K | — | 3x | as long as short |
| Lighter RH LIT | +0.0136% | 1h | 4.6885 | +0.182% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0175% | 4h | 4.6874 | +0.159% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0258% | 1h | 4.6813 | +0.028% | $9K | $210K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6784 | −0.034% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0409% / S −0.0206% | 1h | 4.6820 | +0.043% | $63K | — | 50x | as long as short |
| Perpl LITshort | +0.0447% | 43m | 4.6835 | +0.074% | $31K | $828K | 33x |
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Gate LIT_USDT
Phoenix LIT
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
Phemex LITUSDT
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Backpack LIT_USDC_PERP
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Bulk LIT-USD
Lighter LIT
RISEx LIT/USDC
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]