Funding you earn now, next payment 06:40 UTC−0.0347%/8h= −37.9% APRpaid last 24h −0.053%
Price spread now: Pacifica against Perpl−0.105%7-day average +0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.105%, 7d avg +0.022%
=Together, before fees+0.147%+ Points / potential airdropPerpl: Active · Pacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.127% cheaper against Perpl than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% 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 | 4.7953 | 0.0447 | pay 0.0040% / 43m | 14m 24s | $32K | $667K | 33x |
| Short | Pacifica LIT | 4.7902 | 0.0100 | get 0.0013% / 1h | 8m 24s | $770K | $1.8M | 10x |
Perpl LIT
Pacifica LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$72.77
- Price spread: −0.105% → +0.022%
- −$12.71
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$107.28
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago | 3.86 bp | 9.2 bp −$9 | 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 41 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 | −0.0440% | 1h | 4.7780 | −0.361% | $605K | $352K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0368% | 4h | 4.7845 | −0.225% | $33K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0272% | 1h | 4.7877 | −0.158% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0190% | 1h | 4.7899 | −0.112% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0128% | 4h | 4.7904 | −0.102% | $25.7M | $60.7M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0096% | 1h | 4.7918 | −0.072% | $42K | $40K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0066% | 4h | 4.7881 | −0.150% | $887K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7901 | −0.107% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7917 | −0.074% | $11K | — | 150x | as long as short |
| Backpack LIT_USDC_PERP | +0.0029% | 1h | 4.7901 | −0.108% | $676K | $942K | 5x | as long as short |
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Deribit LIT_USDC-PERPETUAL
GRVT LIT_USDT_Perp
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Backpack LIT_USDC_PERPShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0033% | 1h | 4.7934 | −0.039% | $206K | $301K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.182% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0072% | 4h | 4.7869 | −0.175% | $41.5M | $28.0M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0093% | 8h | 4.7849 | −0.217% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7951 | −0.004% | $59.6M | $27.5M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7877 | −0.157% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LITshort | +0.0100% | 1h | 4.7902 | −0.105% | $770K | $1.8M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.7890 | −0.131% | $76.7M | $75.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7895 | −0.120% | $124K | $445K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7900 | −0.110% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7880 | −0.152% | $5.9M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7904 | −0.102% | $5.5M | $1.0M | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7930 | −0.047% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7930 | −0.048% | $293K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7860 | −0.193% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7894 | −0.122% | $450K | $83K | 10x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7869 | −0.175% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7912 | −0.085% | $1K | $335K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7952 | −0.001% | $200K | $298K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7880 | −0.152% | $1.4M | $2.8M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7895 | −0.120% | $119K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7885 | −0.141% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7896 | −0.117% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7897 | −0.115% | $811K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0199% | 4h | 4.7919 | −0.070% | $12.8M | $1.9M | 50x | as long as short |
| Hyperliquid LIT | +0.0268% | 1h | 4.7980 | +0.057% | $216.5M | $39.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7875 | −0.162% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0360% | 1h | 4.7961 | +0.017% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0388% | 1h | 4.7958 | +0.012% | $9K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7925 | −0.057% | $64K | — | 50x | as long as short |
| Perpl LITlong | +0.0447% | 43m | 4.7953 | long leg | $32K | $667K | 33x |
Phoenix LIT
Injective LIT/USDC PERP
Bybit LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]