Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: MEXC against Injective−0.666%7-day average +10.109% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)+15.490%+$1,549 · spread now −0.666%, 7d avg +10.109%
=Funding pays, the price is against you. MEXC is 10.775% cheaper against Injective than usual: you would sell low and buy high (spread −0.666% now, against its 7-day average of +10.109%). If the spread goes back, that is −$1,078 on $10k: about 18 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.049% in total) that is about years.
| 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 | 15m 13s | $422 | $178K | 5.5x |
| Short | MEXC LIT_USDT | 4.7720 | 0.0100 | get 0.0050% / 4h | 3h 15m | $5.6M | $4.2M | 100x |
Injective LIT/USDC PERP
MEXC LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.666% → +10.109%
- −$1,077.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,067.56
- Costs to cover
- 0.040%
- Break-even
- 540.8 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.10 bp | 3.4 bp −$3 | 13.5 bp −$135 | 273.6 bp −$27.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0637% | 1h | 4.7757 | −0.589% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0482% | 4h | 4.7696 | −0.716% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0424% | 1h | 4.7629 | −0.856% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0346% | 1h | 4.7724 | −0.658% | $85K | $72K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0199% | 4h | 4.7742 | −0.620% | $25.9M | $63.8M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0190% | 1h | 4.7640 | −0.833% | $57K | $77K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0124% | 4h | 4.7772 | −0.558% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7722 | −0.661% | $675K | $391K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0064% | 4h | 4.7630 | −0.853% | $911K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7641 | −0.831% | $207K | $361K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7719 | −0.668% | $32K | $853K | 33x | as long as short |
| dYdX LIT-USD | +0.0003% | 1h | 4.7732 | −0.640% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7770 | −0.562% | $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 | +0.0047% | 8h | 4.7654 | −0.802% | $7K | $2K | 5x | as long as short |
| Nado LIT-PERP | +0.0050% | 1h | 4.7665 | −0.781% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0095% | 1h | 4.7738 | −0.629% | $451K | $104K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7798 | −0.504% | $59.8M | $30.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7784 | −0.533% | $12.8M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7708 | −0.692% | $591K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7734 | −0.637% | $76.2M | $80.2M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7732 | −0.641% | $43.0M | $29.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7691 | −0.726% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7476 | −1.174% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7730 | −0.645% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDTshort | +0.0100% | 4h | 4.7720 | −0.666% | $5.6M | $4.2M | 100x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7790 | −0.520% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7769 | −0.564% | $692K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7595 | −0.926% | $290K | $309K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7790 | −0.521% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7677 | −0.756% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7741 | −0.622% | $989 | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7716 | −0.674% | $190K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7720 | −0.666% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7724 | −0.657% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7778 | −0.545% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7710 | −0.688% | $795K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0184% | 1h | 4.7829 | −0.439% | $3.7M | $13.7M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7722 | −0.662% | $1.6M | $2.0M | 75x | as long as short |
| Hyperliquid LIT | +0.0347% | 1h | 4.7835 | −0.427% | $214.7M | $43.9M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0395% | 1h | 4.7626 | −0.861% | $9K | $203K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0399% / S −0.0188% | 1h | 4.7761 | −0.581% | $64K | — | 50x | as long as short |
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Nado LIT-PERP
Polymarket Perps LIT-USD
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
BloFin LIT-USDT
Hyperliquid LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]