Funding you earn now, next payment 03:05 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.045%
Price spread now: edgeX against Perpl−0.299%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.714%−$71 · spread now −0.299%, 7d avg −0.062%
=Together, before fees−0.712%+ Points / potential airdropPerpl: Active · edgeX: Active · farm board−$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.237% cheaper against Perpl than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% 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 | Perpl LIT | 4.6996 | 0.0335 | pay 0.0030% / 43m | 0m 12s | $31K | $780K | 33x |
| Short | edgeX LITUSDC | 4.6855 | 0.0100 | get 0.0050% / 4h | 29m 12s | $287K | $306K | 10x |
Perpl LIT
edgeX LITUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Perpl. 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
- −$49.33
- Price spread: −0.299% → −0.062%
- −$23.7
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$95.83
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; edgeX: live order book, 29 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 Perpl no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 29 min ago | 5.68 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0464% | 1h | 4.6963 | −0.070% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0396% | 1h | 4.6993 | −0.007% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0388% | 4h | 4.6930 | −0.140% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0277% | 1h | 4.6972 | −0.050% | $84K | $68K | 20x | as long as short |
| Gate LIT_USDT | −0.0214% | 4h | 4.6970 | −0.055% | $2.7M | $4.3M | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | −0.316% | $612K | $398K | 50x | as long as short |
| Extended LIT-USD | −0.0096% | 1h | 4.6973 | −0.050% | $5.1M | $5.0M | 25x | as long as short |
| Backpack LIT_USDC_PERP | −0.0080% | 1h | 4.6981 | −0.032% | $657K | $1.4M | 5x | as long as short |
| Bybit LITUSDT | −0.0074% | 4h | 4.6963 | −0.070% | $41.3M | $28.9M | 75x | as long as short |
| Phemex LITUSDT | −0.0071% | 4h | 4.6960 | −0.077% | $1.4M | $2.8M | 20x | as long as short |
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Bullet LIT-USD
Gate LIT_USDT
Coinbase International LIT-PERP-INTX
Extended LIT-USD
Backpack LIT_USDC_PERP
Bybit LITUSDT
Phemex LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0034% | 1h | 4.6885 | −0.236% | $202K | $305K | 5x | as long as short |
| KuCoin LITUSDTM | −0.0002% | 4h | 4.6972 | −0.051% | $5.2M | $1.0M | 30x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6972 | −0.052% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7000 | +0.009% | $11K | — | 150x | as long as short |
| OKX LIT-USDT-SWAP | +0.0005% | 4h | 4.6964 | −0.068% | $25.2M | $61.6M | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.221% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0035% | 1h | 4.6990 | −0.013% | $2.2M | $1.7M | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0065% | 1h | 4.6660 | −0.715% | $56K | $76K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0070% | 1h | 4.6976 | −0.043% | $439K | $110K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.6961 | −0.074% | $6K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6984 | −0.027% | $791K | $2.1M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7001 | +0.011% | $58.5M | $28.7M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7052 | +0.119% | $3.6M | $13.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7040 | +0.094% | $210.4M | $42.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6991 | −0.011% | $592K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6954 | −0.090% | $75.1M | $79.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6974 | −0.047% | $115K | $456K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6963 | −0.070% | $5.6M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7000 | +0.009% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDCshort | +0.0100% | 4h | 4.6855 | −0.299% | $287K | $306K | 10x | |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.6887 | −0.231% | $903K | $1.8M | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7016 | +0.043% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6970 | −0.055% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6990 | −0.013% | $1K | $387K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6936 | −0.128% | $198K | $387K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6576 | −0.894% | $116K | $1K | 10x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6972 | −0.051% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0206% | 4h | 4.7055 | +0.126% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0230% | 1h | 4.6786 | −0.447% | $9K | $207K | 10x | as long as short |
| Perpl LITlong | +0.0335% | 43m | 4.6996 | long leg | $31K | $780K | 33x | |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6927 | −0.147% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0419% / S −0.0217% | 1h | 4.6986 | −0.021% | $63K | — | 50x | as long as short |
Phoenix LIT
KuCoin LITUSDTM
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAP
Injective LIT/USDC PERP
Nado LIT-PERP
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
GRVT LIT_USDT_Perp
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]