Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.1% APRnext payment −$1.28 per $10,000 · paid last 24h −0.064%
Price spread now: Bybit against MEXC+0.057%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.057%, 7d avg +0.020%
=The price spread pays, funding is against you. Bybit is 0.037% dearer against MEXC than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.020%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.044% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.28 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 | MEXC LIT_USDT | 4.7374 | 0.0050 | pay 0.0025% / 4h | 2h 49m | $5.9M | $4.2M | 100x |
| Short | Bybit LITUSDT | 4.7401 | −0.0206 | pay 0.0103% / 4h | 2h 49m | $42.8M | $30.2M | 75x |
MEXC LIT_USDT
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$53.81
- Price spread: +0.057% → +0.020%
- $3.67
- Slippage, 4 orders
- −$32.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.1
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 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 MEXC live order book, 3 min ago | 0.11 bp | 3.8 bp −$4 | 50.5 bp −$505 | 332.2 bp −$33.2K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.05 bp | 20.1 bp −$20 | 48.3 bp −$483 | 329.1 bp −$32.9K | 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 | −0.1094% | 1h | 4.7400 | +0.054% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0664% | 1h | 4.7321 | −0.112% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0608% | 1h | 4.7424 | +0.106% | $666K | $1.5M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0572% | 4h | 4.7345 | −0.061% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0461% | 4h | 4.7360 | −0.030% | $1.3M | $2.7M | 20x | as long as short |
| Gate LIT_USDT | −0.0458% | 4h | 4.7420 | +0.097% | $2.8M | $4.5M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0326% | 4h | 4.7454 | +0.169% | $5.3M | $1.1M | 30x | as long as short |
| Bullet LIT-USD | −0.0313% | 1h | 4.7393 | +0.040% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0301% | 4h | 4.7386 | +0.025% | $25.1M | $60.7M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0260% | 4h | 4.7480 | +0.224% | $895K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Orderly PERP_LIT_USDC
Phemex LITUSDT
Gate LIT_USDT
KuCoin LITUSDTM
Bullet LIT-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LIT-PERP | −0.0212% | 1h | 4.7406 | +0.069% | $2.1M | $1.7M | 10x | as long as short |
| Bybit LITUSDTshort | −0.0206% | 4h | 4.7401 | +0.057% | $42.8M | $30.2M | 75x | |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.8452 | +2.276% | $668K | $408K | 50x | as long as short |
| Extended LIT-USD | −0.0088% | 1h | 4.7377 | +0.006% | $5.2M | $5.2M | 25x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7466 | +0.194% | $246K | $321K | 5x | as long as short |
| SoDEX LIT-USD | −0.0046% | 1h | 4.7396 | +0.046% | $982 | $474K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0017% | 8h | 4.7368 | −0.013% | $5K | $1K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7460 | +0.182% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7444 | +0.148% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7431 | +0.121% | $814K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.406% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDTlong | +0.0050% | 4h | 4.7374 | long leg | $5.9M | $4.2M | 100x | |
| Binance LITUSDT | +0.0051% | 4h | 4.7384 | +0.020% | $74.9M | $80.6M | 75x | as long as short |
| edgeX LITUSDC | +0.0053% | 4h | 4.7455 | +0.172% | $289K | $311K | 10x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7364 | −0.020% | $148K | $44K | 3x | as long as short |
| Polymarket Perps LIT-USD | +0.0066% | 1h | 4.7418 | +0.093% | $448K | $104K | 10x | as long as short |
| Bulk LIT-USD | +0.0077% | 1h | 4.7397 | +0.049% | $119K | $7K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7469 | +0.201% | $59.6M | $29.6M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7422 | +0.101% | $210.7M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7456 | +0.173% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7446 | +0.152% | $595K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7397 | +0.049% | $118K | $444K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7420 | +0.097% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7440 | +0.139% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7439 | +0.137% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7432 | +0.122% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7443 | +0.146% | $189K | $331K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7450 | +0.160% | $31K | $842K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0199% | 1h | 4.7541 | +0.353% | $11K | $198K | 10x | as long as short |
| BloFin LIT-USDT | +0.0203% | 4h | 4.7398 | +0.051% | $1.5M | $2.0M | 75x | as long as short |
| Lighter RH LIT | +0.0264% | 1h | 4.7484 | +0.232% | $3.7M | $14.0M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7433 | +0.125% | $59K | — | 50x | as long as short |
Nado LIT-PERP
Coinbase International LIT-PERP-INTX
Extended LIT-USD
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
Binance LITUSDT
edgeX LITUSDC
Aevo LIT-PERP
Polymarket Perps LIT-USD
Bulk LIT-USD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]