LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.026%

Price spread now: GRVT against Phemex−0.099%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$990.995% of the position

Long on Phemex Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.249%−$25 on $10k

Price spread, last 3 days (all we have)+0.157%+$16 · spread now −0.099%, 7d avg −0.011%

Together, before fees−0.092%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.088% cheaper against Phemex than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.011%). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.249%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LITUSDT	4.7140	−0.0594	get 0.0297% / 4h	2h 02m	$1.3M	$2.8M	20x
Short	GRVT LIT_USDT_Perp	4.7093	−0.0258	pay 0.0129% / 4h	2h 02m	$894K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee GRVTbpOrdersPrice spread, now −0.099%Rate

Funding earned: $70.48
Price spread: −0.099% → −0.011%: −$8.83
Slippage, 4 orders: −$78.49
Fee Phemex: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$37.83
Costs to cover: 0.995%
Break-even: 10.8 days

Slippage from Phemex: live order book, 6 min ago; GRVT: live order book, 1 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, 6 min ago	6.36 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	1.06 bp	15.6 bp −$16	32.5 bp −$325	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	−0.1181%	1h	4.7169	+0.061%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0782%	4h	4.7170	+0.064%	$2.8M	$4.6M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0623%	4h	4.7116	−0.051%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0600%	1h	4.7120	−0.042%	$33K	$4K	5x	as long as short
Phemex LITUSDTlong	−0.0594%	4h	4.7140	long leg	$1.3M	$2.8M	20x
OKX LIT-USDT-SWAP	−0.0378%	4h	4.7146	+0.013%	$25.1M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0356%	1h	4.7176	+0.076%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0317%	4h	4.7160	+0.042%	$42.6M	$30.8M	75x	as long as short
KuCoin LITUSDTM	−0.0308%	4h	4.7198	+0.123%	$5.2M	$1.1M	30x	as long as short
Backpack LIT_USDC_PERP	−0.0299%	1h	4.7210	+0.148%	$663K	$1.5M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perpshort	−0.0258%	4h	4.7093	−0.099%	$894K	$1.9M	10x
Aftermath Perps LITUSD	−0.0196%	1h	4.7231	+0.193%	$10K	$202K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.233%	$660K	$404K	50x	as long as short
SoDEX LIT-USD	−0.0052%	1h	4.7165	+0.053%	$1K	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7150	+0.021%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0031%	8h	4.7137	−0.007%	$6K	$2K	5x	as long as short
Nado LIT-PERP	−0.0002%	1h	4.7173	+0.071%	$2.1M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7187	+0.100%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7210	+0.148%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7194	+0.115%	$756K	$2.1M	5x	as long as short
Polymarket Perps LIT-USD	+0.0023%	1h	4.7188	+0.102%	$446K	$105K	10x	as long as short
MEXC LIT_USDT	+0.0026%	4h	4.7130	−0.021%	$5.8M	$4.3M	100x	as long as short
Binance LITUSDT	+0.0028%	4h	4.7128	−0.026%	$74.7M	$81.7M	75x	as long as short
edgeX LITUSDC	+0.0032%	4h	4.7110	−0.064%	$287K	$311K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.909%	$422	$178K	5.5x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7126	−0.030%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7227	+0.185%	$59.3M	$30.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7231	+0.193%	$210.5M	$45.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7236	+0.204%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7180	+0.085%	$582K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7161	+0.045%	$116K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7374	+0.496%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7180	+0.085%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−0.021%	$55K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7212	+0.152%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7207	+0.142%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7177	+0.078%	$189K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7129	−0.024%	$5.2M	$5.2M	25x	as long as short
BloFin LIT-USDT	+0.0111%	4h	4.7170	+0.064%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0112%	43m	4.7204	+0.136%	$31K	$843K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0357% / S −0.0155%	1h	4.7210	+0.149%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0416%	1h	4.7250	+0.233%	$3.7M	$14.3M	5x	as long as short