LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.1022%/8h= +111.9% APRnext payment +$1.28 per $10,000 · paid last 24h +0.177%

Price spread now: Phoenix against Deribit+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Phoenix is 0.049% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7443	−0.1072	get 0.0134% / 1h	53m 08s	$42K	$40K	10x
Short	Phoenix LIT	4.7466	−0.0050	pay 0.0006% / 1h	53m 08s	$246K	$321K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Deribit. 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 DeribitbpFee PhoenixbpOrdersPrice spread, now +0.049%Rate

Funding earned: $214.56
Price spread: +0.049% → 0.000%: $4.91
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $205.47
Costs to cover: 0.140%
Break-even: 0.3 days

Slippage unknown: Deribit: no order-book sample; Phoenix: live order book, 32 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 32 min ago	2.07 bp	16.1 bp −$16	50.2 bp −$502	doesn't fit	doesn't fit

Deribit: 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
Deribit LIT_USDC-PERPETUALlong	−0.1072%	1h	4.7443	long leg	$42K	$40K	10x
01 Exchange LITUSD	−0.0680%	1h	4.7407	−0.075%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0564%	4h	4.7386	−0.120%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0503%	1h	4.7459	+0.034%	$667K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0469%	4h	4.7380	−0.132%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0368%	1h	4.7448	+0.011%	$85K	$81K	20x	as long as short
Gate LIT_USDT	−0.0360%	4h	4.7440	−0.006%	$2.8M	$4.5M	50x	as long as short
KuCoin LITUSDTM	−0.0332%	4h	4.7464	+0.045%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0299%	4h	4.7409	−0.071%	$25.1M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7480	+0.078%	$895K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0235%	4h	4.7426	−0.035%	$42.8M	$30.1M	75x	as long as short
Nado LIT-PERP	−0.0183%	1h	4.7435	−0.015%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0155%	1h	4.7425	−0.037%	$984	$474K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.128%	$668K	$408K	50x	as long as short
Extended LIT-USD	−0.0056%	1h	4.7430	−0.026%	$5.2M	$5.2M	25x	as long as short
Phoenix LITshort	−0.0050%	1h	4.7466	+0.049%	$246K	$321K	5x
Paradex LIT-USD-PERP	−0.0016%	8h	4.7377	−0.139%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7460	+0.036%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7487	+0.094%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7490	+0.099%	$815K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.259%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0051%	1h	4.7474	+0.066%	$448K	$104K	10x	as long as short
MEXC LIT_USDT	+0.0052%	4h	4.7397	−0.096%	$5.9M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0053%	4h	4.7399	−0.092%	$74.9M	$80.6M	75x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7481	+0.080%	$289K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7397	−0.097%	$148K	$44K	3x	as long as short
ApeX Omni LITUSDT	+0.0083%	1h	4.7490	+0.100%	$56K	$78K	50x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	+0.388%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7454	+0.024%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7487	+0.093%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7487	+0.093%	$596K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7448	+0.011%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7450	+0.015%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7482	+0.083%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7473	+0.064%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7468	+0.053%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7484	+0.087%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0120%	1h	4.7491	+0.102%	$59.6M	$29.5M	5x	as long as short
Aftermath Perps LITUSD	+0.0168%	1h	4.7616	+0.365%	$11K	$198K	10x	as long as short
BloFin LIT-USDT	+0.0213%	4h	4.7389	−0.113%	$1.6M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7510	+0.142%	$3.7M	$14.0M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7489	+0.097%	$60K	—	50x	as long as short