Funding you earn now, next payment 00:00 UTC+0.0693%/8h= +75.8% APRnext payment +$3.46 per $10,000 · paid last 24h −0.038%
Price spread now: Bybit against Gate−0.061%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.061%, 7d avg −0.030%
=Funding pays, the price is against you. Bybit is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$21 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 per $10,000. 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 | Gate LIT_USDT | 4.7200 | −0.0992 | get 0.0496% / 4h | 1h 41m | $2.8M | $4.5M | 50x |
| Short | Bybit LITUSDT | 4.7171 | −0.0299 | pay 0.0150% / 4h | 1h 41m | $42.6M | $30.4M | 75x |
Gate LIT_USDT
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $145.43
- Price spread: −0.061% → −0.030%
- −$3.18
- Slippage, 4 orders
- −$47.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $69.01
- Costs to cover
- 0.732%
- Break-even
- 3.7 days
Slippage from Gate: live order book, 2 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 Gate live order book, 2 min ago | 2.12 bp | 15.4 bp −$15 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.06 bp | 18.4 bp −$18 | 46.7 bp −$467 | 391.9 bp −$39.2K | 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_USDTlong | −0.0992% | 4h | 4.7200 | long leg | $2.8M | $4.5M | 50x | |
| Deribit LIT_USDC-PERPETUAL | −0.0902% | 1h | 4.7171 | −0.061% | $41K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0665% | 1h | 4.7211 | +0.023% | $663K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0631% | 4h | 4.7129 | −0.150% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0544% | 1h | 4.7180 | −0.042% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0522% | 4h | 4.7170 | −0.064% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0422% | 4h | 4.7136 | −0.136% | $25.3M | $62.1M | 50x | as long as short |
| Bullet LIT-USD | −0.0344% | 1h | 4.7181 | −0.039% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDTshort | −0.0299% | 4h | 4.7171 | −0.061% | $42.6M | $30.4M | 75x | |
| KuCoin LITUSDTM | −0.0288% | 4h | 4.7230 | +0.064% | $5.2M | $1.1M | 30x | as long as short |
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0229% | 1h | 4.7171 | −0.061% | $10K | $202K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0200% | 4h | 4.7104 | −0.204% | $899K | $1.9M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.104% | $660K | $388K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7258 | +0.122% | $787K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0042% | 1h | 4.7179 | −0.046% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7231 | +0.066% | $245K | $327K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7255 | +0.116% | $34K | — | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0001% | 8h | 4.7205 | +0.011% | $6K | $2K | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7232 | +0.067% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.780% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0055% | 4h | 4.7164 | −0.076% | $287K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.7155 | −0.095% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0057% | 4h | 4.7139 | −0.130% | $74.8M | $81.1M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7194 | −0.013% | $148K | $44K | 3x | as long as short |
| SoDEX LIT-USD | +0.0083% | 1h | 4.7175 | −0.053% | $1K | $467K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7245 | +0.095% | $59.4M | $29.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7256 | +0.119% | $210.7M | $44.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7255 | +0.117% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7265 | +0.137% | $581K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7234 | +0.072% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7148 | −0.110% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7220 | +0.042% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7130 | −0.148% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7204 | +0.008% | $446K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7224 | +0.050% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7207 | +0.015% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7222 | +0.047% | $189K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7155 | −0.095% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0226% | 4h | 4.7158 | −0.089% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7218 | +0.037% | $32K | $839K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7222 | +0.047% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0400% | 1h | 4.7275 | +0.159% | $3.7M | $13.6M | 5x | as long as short |
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
dYdX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
SoDEX LIT-USD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT