Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%
Price spread now: Bulk against Injective−1.528%7-day average +9.414% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+16.791%+$1,679 · spread now −1.528%, 7d avg +9.414%
=Funding pays, the price is against you. Bulk is 10.942% cheaper against Injective than usual: you would sell low and buy high (spread −1.528% now, against its 7-day average of +9.414%). If the spread goes back, that is −$1,094 on $10k: about 18 months of funding at the current rate (+$2 a day).
| 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 | 40m 35s | $422 | $178K | 5.5x |
| Short | Bulk LIT-USD | 4.7306 | 0.0100 | get 0.0013% / 1h | 40m 35s | $118K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- $14
- Price spread: −1.528% → +9.414%
- −$1,094.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$1,087.21
- Costs to cover
- 0.070%
- Break-even
- 550.6 days
Slippage unknown: Injective: no order-book sample; Bulk: live order book, 8 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 Bulk live order book, 8 min ago | 0.95 bp | 4.7 bp −$5 | 12.6 bp −$126 | 36.0 bp −$3,603 | 81.0 bp −$40.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.7300 | −1.540% | $612K | $358K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0382% | 4h | 4.7378 | −1.378% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0312% | 1h | 4.7250 | −1.644% | $31K | $5K | 5x | as long as short |
| Phemex LITUSDT | −0.0303% | 4h | 4.7420 | −1.291% | $1.4M | $2.8M | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0218% | 4h | 4.7321 | −1.497% | $897K | $1.8M | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0165% | 1h | 4.7450 | −1.228% | $42K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0153% | 1h | 4.7440 | −1.249% | $85K | $68K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0141% | 4h | 4.7271 | −1.601% | $25.5M | $60.7M | 50x | as long as short |
| Bybit LITUSDT | −0.0091% | 4h | 4.7270 | −1.603% | $41.2M | $28.6M | 75x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7395 | −1.343% | $204K | $283K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx LIT/USDC | −0.0012% | 1h | 4.7301 | −1.539% | $816K | $2.2M | 5x | as long as short |
| KuCoin LITUSDTM | −0.0004% | 4h | 4.7388 | −1.357% | $5.3M | $1.0M | 30x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7321 | −1.496% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7468 | −1.192% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| Paradex LIT-USD-PERP | +0.0092% | 8h | 4.7277 | −1.589% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7344 | −1.449% | $59.0M | $27.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7260 | −1.623% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7418 | −1.295% | $212.0M | $40.7M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7330 | −1.478% | $572K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7249 | −1.646% | $75.9M | $77.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7299 | −1.542% | $119K | $457K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7360 | −1.415% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7302 | −1.536% | $5.8M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7340 | −1.457% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7444 | −1.241% | $664K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7301 | −1.538% | $289K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7310 | −1.520% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7433 | −1.264% | $446K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7457 | −1.214% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7401 | −1.330% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7438 | −1.253% | $1K | $351K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7426 | −1.278% | $201K | $347K | 30x | as long as short |
| Bulk LIT-USDshort | +0.0100% | 1h | 4.7306 | −1.528% | $118K | $7K | 10x | |
| Extended LIT-USD | +0.0104% | 1h | 4.7257 | −1.629% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7433 | −1.264% | $148K | — | 3x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7365 | −1.405% | $3.7M | $13.0M | 5x | as long as short |
| Aster LITUSDT | +0.0212% | 4h | 4.7363 | −1.409% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7394 | −1.345% | $1.6M | $1.9M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0416% | 1h | 4.7418 | −1.296% | $8K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0439% / S −0.0231% | 1h | 4.7465 | −1.197% | $66K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7459 | −1.209% | $31K | $705K | 33x | as long as short |
Injective LIT/USDC PERP
Bulk LIT-USD
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Phemex LITUSDT
GRVT LIT_USDT_Perp
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
Phoenix LIT
RISEx LIT/USDC
KuCoin LITUSDTM
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
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
Aster LITUSDT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]