LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0499%/8h= −54.6% APRnext payment −$2.49 per $10,000 · paid last 24h −0.060%

Price spread now: Phemex against HTX−0.345%7-day average −0.178% · you buy dearer than you sell

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1411.405% of the position

Long on HTX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.221%−$22 on $10k

Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.345%, 7d avg −0.178%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Phemex is 0.167% cheaper against HTX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.178%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 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	HTX LIT-USDT	4.7273	0.0100	pay 0.0050% / 4h	2h 45m	$189K	$327K	30x
Short	Phemex LITUSDT	4.7110	−0.0399	pay 0.0199% / 4h	2h 45m	$1.3M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against HTX. 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 HTXbpFee PhemexbpOrdersPrice spread, now −0.345%Rate

Funding earned: −$104.71
Price spread: −0.345% → −0.178%: −$16.72
Slippage, 4 orders: −$116.51
Fee HTX: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$261.94
Costs to cover: 1.405%
Break-even: never at this rate

Slippage from HTX: live order book, 41 min ago; Phemex: 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 HTX live order book, 41 min ago	20.73 bp	33.3 bp −$33	287.0 bp −$2,870	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	7.40 bp	31.7 bp −$32	doesn't fit	doesn't fit	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	−0.0953%	1h	4.7153	−0.254%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0680%	1h	4.7131	−0.300%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0645%	1h	4.7187	−0.182%	$663K	$1.5M	5x	as long as short
Gate LIT_USDT	−0.0626%	4h	4.7150	−0.260%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0577%	4h	4.7083	−0.402%	$32K	$2K	10x	as long as short
Phemex LITUSDTshort	−0.0399%	4h	4.7110	−0.345%	$1.3M	$2.7M	20x
KuCoin LITUSDTM	−0.0330%	4h	4.7198	−0.159%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0304%	4h	4.7185	−0.186%	$25.0M	$60.7M	50x	as long as short
Bullet LIT-USD	−0.0301%	1h	4.7151	−0.259%	$85K	$81K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0294%	4h	4.7109	−0.348%	$893K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0270%	4h	4.7180	−0.197%	$42.6M	$30.4M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7349	+0.160%	$653K	$399K	50x	as long as short
Nado LIT-PERP	−0.0129%	1h	4.7195	−0.165%	$2.1M	$1.7M	10x	as long as short
Extended LIT-USD	−0.0080%	1h	4.7121	−0.323%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0077%	1h	4.7135	−0.292%	$977	$484K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7209	−0.135%	$244K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7113	−0.339%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7220	−0.111%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7197	−0.161%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7208	−0.137%	$812K	$2.0M	5x	as long as short
Binance LITUSDT	+0.0033%	4h	4.7179	−0.199%	$74.6M	$80.9M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.622%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0036%	4h	4.7116	−0.332%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0041%	4h	4.7233	−0.085%	$287K	$312K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7114	−0.337%	$147K	$44K	3x	as long as short
Polymarket Perps LIT-USD	+0.0075%	1h	4.7209	−0.135%	$446K	$105K	10x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	+0.262%	$119K	$7K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7220	−0.112%	$59.2M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7215	−0.123%	$209.8M	$44.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7196	−0.163%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7194	−0.167%	$592K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7145	−0.271%	$118K	$445K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7200	−0.154%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7120	−0.324%	$55K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7182	−0.193%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7159	−0.241%	$4K	$1.2M	20x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7273	long leg	$189K	$327K	30x
Perpl LIT	+0.0112%	43m	4.7202	−0.149%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0147%	4h	4.7025	−0.525%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7407	+0.284%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0344%	1h	4.7237	−0.076%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0387% / S −0.0190%	1h	4.7193	−0.169%	$59K	—	50x	as long as short