Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%
Price spread now: Binance against Injective−1.351%87s7-day average +10.261% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+16.474%+$1,647 · spread now −1.351%, 7d avg +10.261%
=Funding pays, the price is against you. Binance is 11.611% cheaper against Injective than usual: you would sell low and buy high (spread −1.351% now, against its 7-day average of +10.261%). If the spread goes back, that is −$1,161 on $10k: about years of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.048% in total) that is about years. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LIT/USDC PERP | 4.8040 | 0.0033 | pay 0.0004% / 1h | 33m 47s | $422 | $178K | 5.5x |
| Short | Binance LITUSDT | 4.7391 | 0.0083 | get 0.0042% / 4h | 33m 47s | $75.5M | $81.5M | 75x |
Injective LIT/USDC PERP
Binance LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $10.52
- Price spread: −1.351% → +10.261%
- −$1,161.12
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,160.62
- Costs to cover
- 0.100%
- Break-even
- 779.4 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 9 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.32 bp | 12.0 bp −$12 | 30.9 bp −$309 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0906% | 4h | 4.7440 | −1.249% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0723% | 1h | 4.7424 | −1.282% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0594% | 4h | 4.7388 | −1.357% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7413 | −1.305% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0429% | 4h | 4.7411 | −1.309% | $25.7M | $63.8M | 50x | as long as short |
| Phemex LITUSDT | −0.0382% | 4h | 4.7420 | −1.291% | $1.4M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0336% | 1h | 4.7427 | −1.277% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0216% | 4h | 4.7464 | −1.199% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | −0.899% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0114% | 4h | 4.7550 | −1.020% | $904K | $1.8M | 10x | as long as short |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0078% | 4h | 4.7405 | −1.322% | $42.7M | $30.0M | 75x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7501 | −1.122% | $206K | $353K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7492 | −1.140% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7454 | −1.219% | $31K | $840K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7473 | −1.180% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7483 | −1.159% | $817K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0017% | 8h | 4.7436 | −1.257% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| edgeX LITUSDC | +0.0079% | 4h | 4.7460 | −1.207% | $289K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0082% | 4h | 4.7394 | −1.345% | $5.6M | $4.1M | 100x | as long as short |
| Binance LITUSDTshort | +0.0083% | 4h | 4.7391 | −1.351% | $75.5M | $81.5M | 75x | |
| Aevo LIT-PERP | +0.0088% | 1h | 4.7419 | −1.293% | $148K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7492 | −1.141% | $59.7M | $29.9M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0097% | 1h | 4.7584 | −0.950% | $13K | $203K | 10x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7445 | −1.239% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7488 | −1.149% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7473 | −1.180% | $591K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7464 | −1.199% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7635 | −0.843% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7460 | −1.207% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7436 | −1.257% | $673K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7530 | −1.062% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7445 | −1.239% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7463 | −1.201% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7436 | −1.257% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7435 | −1.259% | $993 | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7569 | −0.980% | $190K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7397 | −1.339% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0160% | 1h | 4.7510 | −1.103% | $3.7M | $13.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0210% | 1h | 4.7494 | −1.137% | $212.9M | $44.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0322% | 4h | 4.7429 | −1.272% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7464 | −1.199% | $62K | — | 50x | as long as short |
Bybit LITUSDT
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
edgeX LITUSDC
MEXC LIT_USDT
Aevo LIT-PERP
Lighter LIT
Aftermath Perps LITUSD
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]