LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h +0.006%

Price spread now: Phoenix against dYdX−0.629%46s7-day average — · you buy dearer than you sell

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

Long on dYdX 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Phoenix is 0.629% cheaper against dYdX than usual: you would sell low and buy high (−$63 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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	dYdX LIT-USD	4.7491	0	get 0.0000% / 1h	12m 17s	$34K	—	5x
Short	Phoenix LIT	4.7192	−0.0034	pay 0.0004% / 1h	12m 17s	$204K	$327K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against dYdX. 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 dYdXbpFee PhoenixbpOrdersPrice spread, now −0.629%Rate

Funding earned: −$7.11
Price spread: −0.629% → 0.000%: −$62.86
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$86.97
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Phoenix: live order book, 4 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 dYdX no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 4 min ago	1.91 bp	16.1 bp −$16	50.0 bp −$500	doesn't fit	doesn't fit

dYdX: 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
Gate LIT_USDT	−0.1218%	4h	4.7460	−0.064%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0766%	1h	4.7492	+0.003%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0731%	1h	4.7374	−0.245%	$665K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0621%	4h	4.7440	−0.106%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7475	−0.033%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0507%	4h	4.7460	−0.064%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0469%	4h	4.7416	−0.157%	$25.7M	$63.3M	50x	as long as short
Bullet LIT-USD	−0.0328%	1h	4.7479	−0.025%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0268%	4h	4.7461	−0.062%	$42.8M	$30.2M	75x	as long as short
Aftermath Perps LITUSD	−0.0256%	1h	4.7131	−0.757%	$10K	$202K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0248%	4h	4.7484	−0.014%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0158%	4h	4.6909	−1.224%	$893K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7262	−0.481%	$669K	$399K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7525	+0.073%	$813K	$2.1M	5x	as long as short
Phoenix LITshort	−0.0034%	1h	4.7192	−0.629%	$204K	$327K	5x
Nado LIT-PERP	−0.0005%	1h	4.7490	−0.001%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USDlong	0.0000%	1h	4.7491	long leg	$34K	—	5x
Perpl LIT	0.0000%	43m	4.7519	+0.060%	$32K	$839K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7521	+0.064%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0005%	8h	4.7420	−0.148%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.157%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0052%	4h	4.6888	−1.269%	$285K	$312K	10x	as long as short
MEXC LIT_USDT	+0.0060%	4h	4.7447	−0.092%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0062%	4h	4.7461	−0.062%	$75.4M	$80.9M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7480	−0.022%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7534	+0.092%	$59.8M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7562	+0.151%	$212.5M	$44.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7578	+0.184%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7444	−0.098%	$607K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7468	−0.047%	$118K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6888	−1.269%	$117K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7540	+0.104%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6920	−1.201%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7511	+0.043%	$449K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7532	+0.087%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7514	+0.049%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7478	−0.026%	$999	$465K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7245	−0.517%	$189K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7465	−0.053%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0208%	1h	4.7547	+0.119%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0244%	4h	4.7241	−0.525%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7518	+0.059%	$62K	—	50x	as long as short