Funding you earn now, next payment 22:00 UTC+0.0339%/8h= +37.1% APRpaid last 24h +0.068%
Price spread now: Injective against OKX+1.483%78s7-day average −10.586% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 3 days (all we have)−16.726%−$1,673 · spread now +1.483%, 7d avg −10.586%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 12.069% dearer against OKX than usual: you sell high and buy low: +$1,207 more if the spread goes back to its 7-day average of −10.586%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment. 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 | OKX LIT-USDT-SWAP | 4.7338 | −0.0305 | get 0.0153% / 4h | 2h 44m | $25.0M | $61.0M | 50x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 44m 05s | $422 | $178K | 5.5x |
OKX LIT-USDT-SWAP
Injective LIT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- $71.13
- Price spread: +1.483% → −10.586%
- $1,206.86
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,267.97
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 5 min ago; Injective: no order-book sample. 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 OKX live order book, 5 min ago | 0.11 bp | 5.1 bp −$5 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0919% | 1h | 4.7233 | −0.222% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0680% | 1h | 4.7132 | −0.435% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0639% | 1h | 4.7284 | −0.114% | $664K | $1.5M | 5x | as long as short |
| Gate LIT_USDT | −0.0638% | 4h | 4.7340 | +0.004% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0580% | 4h | 4.7141 | −0.416% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0401% | 4h | 4.7230 | −0.228% | $1.3M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0328% | 4h | 4.7198 | −0.296% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAPlong | −0.0305% | 4h | 4.7338 | long leg | $25.0M | $61.0M | 50x | |
| GRVT LIT_USDT_Perp | −0.0294% | 4h | 4.7109 | −0.485% | $893K | $1.9M | 10x | as long as short |
| Bullet LIT-USD | −0.0281% | 1h | 4.7212 | −0.266% | $85K | $81K | 20x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Bullet LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0267% | 4h | 4.7340 | +0.004% | $42.8M | $30.5M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7349 | +0.022% | $653K | $399K | 50x | as long as short |
| Nado LIT-PERP | −0.0110% | 1h | 4.7205 | −0.281% | $2.1M | $1.7M | 10x | as long as short |
| Extended LIT-USD | −0.0056% | 1h | 4.7219 | −0.252% | $5.2M | $5.1M | 25x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7209 | −0.273% | $244K | $321K | 5x | as long as short |
| SoDEX LIT-USD | −0.0047% | 1h | 4.7225 | −0.239% | $979 | $484K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0026% | 8h | 4.7178 | −0.339% | $5K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7220 | −0.248% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7265 | −0.155% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7215 | −0.259% | $812K | $2.0M | 5x | as long as short |
| Binance LITUSDT | +0.0030% | 4h | 4.7318 | −0.042% | $74.8M | $80.9M | 75x | as long as short |
| MEXC LIT_USDT | +0.0032% | 4h | 4.7219 | −0.251% | $5.8M | $4.2M | 100x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +1.483% | $422 | $178K | 5.5x | |
| edgeX LITUSDC | +0.0041% | 4h | 4.7233 | −0.222% | $287K | $312K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7192 | −0.309% | $148K | $44K | 3x | as long as short |
| Bulk LIT-USD | +0.0077% | 1h | 4.7397 | +0.125% | $119K | $7K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0079% | 1h | 4.7241 | −0.205% | $446K | $105K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7296 | −0.089% | $59.3M | $29.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7271 | −0.142% | $210.1M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7267 | −0.149% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7217 | −0.256% | $592K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7190 | −0.313% | $117K | $445K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7300 | −0.080% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7120 | −0.461% | $55K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7253 | −0.179% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7236 | −0.215% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7233 | −0.222% | $188K | $327K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7208 | −0.275% | $31K | $844K | 33x | as long as short |
| BloFin LIT-USDT | +0.0131% | 4h | 4.7166 | −0.363% | $1.5M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0185% | 1h | 4.7341 | +0.007% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0368% | 1h | 4.7325 | −0.027% | $3.7M | $14.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0387% / S −0.0190% | 1h | 4.7258 | −0.169% | $59K | — | 50x | as long as short |
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Nado LIT-PERP
Extended LIT-USD
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Bulk LIT-USD
Polymarket Perps 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
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]