Settings8H · net · $10k
Funding arb · Price arb /

LIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0616%/8h= +67.4% APRnext payment +$3.08 per $10,000 · paid last 24h +0.026%
Price spread now: edgeX against Gate−0.045%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.582% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.180%+$18 · spread now −0.045%, 7d avg −0.020%
Together, before fees+0.193%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.024% cheaper against Gate than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.020%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.014% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LIT_USDT4.7620−0.0570get 0.0285% / 4h2h 15m$2.8M$4.5M50x
ShortedgeX LITUSDC4.75990.0046get 0.0023% / 4h2h 15m$290K$312K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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

Funding earned
$129.28
Price spread: −0.045% → −0.020%
−$2.45
Slippage, 4 orders
−$34.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$68.65
Costs to cover
0.582%
Break-even
3.3 days
Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago3.15 bp20.1 bp −$2057.5 bp −$575doesn't fitdoesn't fit
Sell edgeX live order book, 8 min ago5.16 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.1143%1h4.7587−0.070%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0610%4h4.7564−0.118%$33K$2K10xas long as short
Gate LIT_USDTlong−0.0570%4h4.7620long leg$2.8M$4.5M50x
Phemex LITUSDT−0.0563%4h4.7580−0.084%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0560%1h4.7551−0.145%$33K$4K5xas long as short
Bullet LIT-USD−0.0344%1h4.7594−0.055%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0329%4h4.7595−0.052%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0284%4h4.7599−0.044%$43.0M$30.7M75xas long as short
KuCoin LITUSDTM−0.0278%4h4.7654+0.071%$5.3M$1.1M30xas long as short
Backpack LIT_USDC_PERP−0.0252%1h4.7643+0.048%$669K$1.5M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0250%4h4.7582−0.080%$901K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.213%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0067%1h4.7610−0.021%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7660+0.084%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0024%8h4.7563−0.119%$6K$2K5xas long as short
SoDEX LIT-USD−0.0016%1h4.7585−0.073%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7647+0.056%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7659+0.082%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7639+0.040%$830K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0021%1h4.7612−0.017%$450K$105K10xas long as short
Nado LIT-PERP+0.0022%1h4.7585−0.073%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.882%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7574−0.097%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0045%4h4.7576−0.092%$75.3M$81.4M75xas long as short
edgeX LITUSDCshort+0.0046%4h4.7599−0.045%$290K$312K10x
Aevo LIT-PERP+0.0064%1h4.7602−0.037%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7679+0.124%$59.8M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7699+0.166%$212.4M$45.4M5xas long as short
Aster LITUSDT+0.0100%4h4.7676+0.118%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7640+0.042%$587K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7609−0.023%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7630+0.021%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7650+0.063%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7641+0.043%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7609−0.023%$5K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7684+0.134%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.349%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7579−0.086%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7665+0.095%$32K$839K33xas long as short
BloFin LIT-USDT+0.0184%4h4.7575−0.094%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0359% / S −0.0155%1h4.7651+0.065%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7715+0.199%$3.8M$14.2M5xas long as short