Funding you earn now, next payment 00:00 UTC+0.0698%/8h= +76.4% APRnext payment +$3.49 per $10,000 · paid last 24h +0.063%
Price spread now: Aster against Phemex+0.203%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 5 days (all we have)+0.175%+$17 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.203%, 7d avg +0.120%
=Together, before fees+0.179%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aster is 0.083% dearer against Phemex than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.120%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.175% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.49 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 | Phemex LITUSDT | 4.7270 | −0.0598 | get 0.0299% / 4h | 1h 55m | $1.3M | $2.8M | 20x |
| Short | Aster LITUSDT | 4.7366 | 0.0100 | get 0.0050% / 4h | 1h 55m | $12.7M | $2.5M | 50x |
Phemex LITUSDT
Aster LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $146.53
- Price spread: +0.203% → +0.120%
- $8.27
- Slippage, 4 orders
- −$57.07
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $77.72
- Costs to cover
- 0.771%
- Break-even
- 3.3 days
Slippage from Phemex: live order book, 4 min ago; Aster: 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 Phemex live order book, 4 min ago | 6.36 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 2.64 bp | 8.2 bp −$8 | 16.6 bp −$166 | doesn't fit | 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 | −0.1047% | 1h | 4.7280 | +0.021% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0794% | 4h | 4.7320 | +0.106% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0630% | 4h | 4.7247 | −0.049% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDTlong | −0.0598% | 4h | 4.7270 | long leg | $1.3M | $2.8M | 20x | |
| OKX LIT-USDT-SWAP | −0.0400% | 4h | 4.7274 | +0.008% | $25.2M | $62.3M | 50x | as long as short |
| Bullet LIT-USD | −0.0381% | 1h | 4.7293 | +0.050% | $85K | $81K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0328% | 1h | 4.7279 | +0.019% | $33K | $4K | 5x | as long as short |
| Bybit LITUSDT | −0.0300% | 4h | 4.7310 | +0.085% | $42.8M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0292% | 4h | 4.7311 | +0.087% | $5.2M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0212% | 4h | 4.7290 | +0.042% | $899K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
OKX LIT-USDT-SWAP
Bullet LIT-USD
01 Exchange LITUSD
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0207% | 1h | 4.7288 | +0.039% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.955% | $660K | $404K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0124% | 1h | 4.7313 | +0.091% | $665K | $1.5M | 5x | as long as short |
| Nado LIT-PERP | −0.0123% | 1h | 4.7318 | +0.103% | $2.1M | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7334 | +0.135% | $789K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7306 | +0.076% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0020% | 8h | 4.7260 | −0.021% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7316 | +0.097% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7344 | +0.157% | $35K | — | 150x | as long as short |
| edgeX LITUSDC | +0.0032% | 4h | 4.7254 | −0.034% | $287K | $309K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.629% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0040% | 4h | 4.7292 | +0.047% | $5.7M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0041% | 4h | 4.7281 | +0.024% | $75.0M | $81.6M | 75x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7296 | +0.055% | $148K | $44K | 3x | as long as short |
| ApeX Omni LITUSDT | +0.0091% | 1h | 4.7310 | +0.085% | $55K | $78K | 50x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7371 | +0.214% | $59.5M | $29.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7346 | +0.161% | $211.0M | $45.6M | 5x | as long as short |
| Aster LITUSDTshort | +0.0100% | 4h | 4.7366 | +0.203% | $12.7M | $2.5M | 50x | |
| Pacifica LIT | +0.0100% | 1h | 4.7323 | +0.112% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7296 | +0.055% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7185 | −0.180% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7310 | +0.085% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7342 | +0.152% | $447K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7335 | +0.137% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7323 | +0.112% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7305 | +0.074% | $1K | $484K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7392 | +0.258% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7273 | +0.006% | $5.2M | $5.2M | 25x | as long as short |
| BloFin LIT-USDT | +0.0164% | 4h | 4.7285 | +0.032% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7364 | +0.199% | $31K | $841K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7343 | +0.155% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0536% | 1h | 4.7392 | +0.258% | $3.7M | $13.5M | 5x | as long as short |
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
Backpack LIT_USDC_PERP
Nado LIT-PERP
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
edgeX LITUSDC
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
ApeX Omni LITUSDT
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT