Funding you earn now, next payment 21:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h +0.007%
Price spread now: Phoenix against gTrade (Gains Network)+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. Phoenix is 0.037% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) LIT/USD | 4.7420 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 32m 41s | $35K | — | 150x |
| Short | Phoenix LIT | 4.7438 | −0.0050 | pay 0.0006% / 1h | 32m 41s | $246K | $321K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against gTrade (Gains Network). 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
- −$11.2
- Price spread: +0.037% → 0.000%
- $3.69
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$24.51
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 53 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 53 min ago | 2.07 bp | 16.1 bp −$16 | 50.2 bp −$502 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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-PERPETUAL | −0.1061% | 1h | 4.7396 | −0.052% | $42K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0712% | 4h | 4.7340 | −0.170% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0594% | 4h | 4.7323 | −0.206% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7359 | −0.130% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0458% | 1h | 4.7395 | −0.054% | $666K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0446% | 4h | 4.7360 | −0.128% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0387% | 1h | 4.7368 | −0.110% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0308% | 4h | 4.7390 | −0.064% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0304% | 4h | 4.7340 | −0.171% | $891K | $1.9M | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0303% | 4h | 4.7321 | −0.210% | $24.9M | $61.3M | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0295% | 4h | 4.7321 | −0.210% | $42.8M | $30.5M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7487 | +0.139% | $657K | $402K | 50x | as long as short |
| Phoenix LITshort | −0.0050% | 1h | 4.7438 | +0.037% | $246K | $321K | 5x | |
| Extended LIT-USD | −0.0040% | 1h | 4.7318 | −0.216% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0034% | 1h | 4.7375 | −0.096% | $984 | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0031% | 8h | 4.7399 | −0.045% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7465 | +0.094% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USDlong | L +0.0003% / S −0.0003% | 1h | 4.7420 | long leg | $35K | — | 150x | |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7418 | −0.005% | $816K | $2.0M | 5x | as long as short |
| Bulk LIT-USD | +0.0018% | 1h | 4.7345 | −0.159% | $119K | $6K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0022% | 1h | 4.7414 | −0.014% | $448K | $105K | 10x | as long as short |
| MEXC LIT_USDT | +0.0026% | 4h | 4.7321 | −0.210% | $5.8M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0026% | 4h | 4.7302 | −0.250% | $74.7M | $81.0M | 75x | as long as short |
| edgeX LITUSDC | +0.0029% | 4h | 4.7317 | −0.219% | $288K | $311K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.306% | $422 | $178K | 5.5x | as long as short |
| Aevo LIT-PERP | +0.0040% | 1h | 4.7364 | −0.118% | $148K | $44K | 3x | as long as short |
| Nado LIT-PERP | +0.0054% | 1h | 4.7390 | −0.064% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7403 | −0.037% | $59.4M | $30.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7364 | −0.119% | $210.6M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7412 | −0.018% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7461 | +0.085% | $586K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7407 | −0.028% | $117K | $447K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7380 | −0.085% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7400 | −0.043% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7429 | +0.017% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7426 | +0.012% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7453 | +0.069% | $190K | $329K | 30x | as long as short |
| BloFin LIT-USDT | +0.0106% | 4h | 4.7380 | −0.085% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7454 | +0.071% | $31K | $841K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0192% | 1h | 4.7438 | +0.037% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0344% | 1h | 4.7479 | +0.123% | $3.7M | $14.2M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7418 | −0.004% | $59K | — | 50x | as long as short |
gTrade (Gains Network) LIT/USD
Phoenix LIT
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
OKX LIT-USDT-SWAP
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Extended LIT-USD
SoDEX LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Bulk LIT-USD
Polymarket Perps LIT-USD
MEXC LIT_USDT
Binance LITUSDT
edgeX LITUSDC
Injective LIT/USDC PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]