Funding you earn now, next payment 00:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against Gate−0.130%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now −0.130%, 7d avg −0.050%
=Funding pays, the price is against you. MEXC is 0.081% cheaper against Gate than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.050%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.014% in total) that is about 40 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 +$1.79 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 | 4.7520 | −0.0302 | get 0.0151% / 4h | 2h 55m | $2.8M | $4.5M | 50x |
| Short | MEXC LIT_USDT | 4.7458 | 0.0056 | get 0.0028% / 4h | 2h 55m | $5.9M | $4.2M | 100x |
Gate LIT_USDT
MEXC LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $75.18
- Price spread: −0.130% → −0.050%
- −$8.05
- Slippage, 4 orders
- −$27.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $20.52
- Costs to cover
- 0.466%
- Break-even
- 5.1 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago | 2.11 bp | 17.5 bp −$18 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.10 bp | 2.6 bp −$3 | 42.8 bp −$428 | 305.7 bp −$30.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0855% | 1h | 4.7472 | −0.102% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0728% | 1h | 4.7407 | −0.238% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0563% | 4h | 4.7468 | −0.109% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0470% | 4h | 4.7450 | −0.147% | $1.3M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0457% | 1h | 4.7496 | −0.051% | $667K | $1.5M | 5x | as long as short |
| Bullet LIT-USD | −0.0383% | 1h | 4.7482 | −0.080% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0330% | 4h | 4.7466 | −0.114% | $5.3M | $1.1M | 30x | as long as short |
| Gate LIT_USDTlong | −0.0302% | 4h | 4.7520 | long leg | $2.8M | $4.5M | 50x | |
| OKX LIT-USDT-SWAP | −0.0288% | 4h | 4.7523 | +0.006% | $25.2M | $60.7M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0274% | 4h | 4.7490 | −0.062% | $896K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Phemex LITUSDT
Backpack LIT_USDC_PERP
Bullet LIT-USD
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0238% | 4h | 4.7540 | +0.042% | $42.9M | $30.1M | 75x | as long as short |
| SoDEX LIT-USD | −0.0229% | 1h | 4.7475 | −0.095% | $984 | $473K | 5x | as long as short |
| Nado LIT-PERP | −0.0184% | 1h | 4.7474 | −0.096% | $2.1M | $1.7M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.8452 | +1.962% | $668K | $408K | 50x | as long as short |
| Phoenix LIT | −0.0067% | 1h | 4.7677 | +0.330% | $246K | $321K | 5x | as long as short |
| Extended LIT-USD | −0.0032% | 1h | 4.7469 | −0.107% | $5.2M | $5.2M | 25x | as long as short |
| Paradex LIT-USD-PERP | −0.0019% | 8h | 4.7431 | −0.188% | $5K | $1K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7540 | +0.041% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7545 | +0.052% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7527 | +0.015% | $816K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0013% | 1h | 4.7500 | −0.042% | $449K | $104K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.094% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0055% | 4h | 4.7473 | −0.099% | $75.0M | $80.6M | 75x | as long as short |
| MEXC LIT_USDTshort | +0.0056% | 4h | 4.7458 | −0.130% | $5.9M | $4.2M | 100x | |
| edgeX LITUSDC | +0.0060% | 4h | 4.7527 | +0.015% | $289K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7500 | −0.043% | $149K | $44K | 3x | as long as short |
| ApeX Omni LITUSDT | +0.0083% | 1h | 4.7490 | −0.063% | $56K | $78K | 50x | as long as short |
| Bulk LIT-USD | +0.0088% | 1h | 4.7627 | +0.225% | $119K | $7K | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7527 | +0.015% | $211.2M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7520 | −0.001% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7494 | −0.055% | $596K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7481 | −0.082% | $118K | $446K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7500 | −0.042% | $6.7M | $2.7M | 20x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7514 | −0.012% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7545 | +0.053% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7680 | +0.337% | $190K | $331K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7510 | −0.021% | $31K | $843K | 33x | as long as short |
| Lighter LIT | +0.0128% | 1h | 4.7549 | +0.061% | $59.6M | $29.5M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0155% | 1h | 4.7679 | +0.335% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0160% | 1h | 4.7551 | +0.065% | $3.7M | $14.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0224% | 4h | 4.7493 | −0.057% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7535 | +0.031% | $60K | — | 50x | as long as short |
Bybit LITUSDT
SoDEX LIT-USD
Nado LIT-PERP
Coinbase International LIT-PERP-INTX
Phoenix LIT
Extended LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
Binance LITUSDT
edgeX LITUSDC
Aevo LIT-PERP
ApeX Omni LITUSDT
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
Lighter LIT
Aftermath Perps LITUSD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]