LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0573%/8h= +62.7% APRnext payment +$2.86 per $10,000 · paid last 24h +0.081%

Price spread now: MEXC against Phemex+0.107%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$640.641% of the position

Long on Phemex Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.126%+$13 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.107%, 7d avg +0.019%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.087% dearer against Phemex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.019%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.86 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	4.6910	−0.0473	get 0.0236% / 4h	3h 55m	$1.3M	$2.8M	20x
Short	MEXC LIT_USDT	4.6960	0.0100	get 0.0050% / 4h	3h 55m	$5.6M	$3.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.107%Rate

Funding earned: $120.27
Price spread: +0.107% → +0.019%: $8.74
Slippage, 4 orders: −$48.12
Fee Phemex: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $64.89
Costs to cover: 0.641%
Break-even: 3.2 days

Slippage from Phemex: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago	3.19 bp	29.1 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.11 bp	3.2 bp −$3	47.7 bp −$477	286.9 bp −$28.7K	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
Nado LIT-PERP	−0.0853%	1h	4.6955	+0.096%	$2.2M	$1.7M	10x	as long as short
Bybit LITUSDT	−0.0520%	4h	4.6980	+0.149%	$41.2M	$28.9M	75x	as long as short
Phemex LITUSDTlong	−0.0473%	4h	4.6910	long leg	$1.3M	$2.8M	20x
Backpack LIT_USDC_PERP	−0.0426%	1h	4.6945	+0.075%	$659K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0391%	4h	4.6904	−0.013%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0360%	1h	4.6922	+0.026%	$33K	$3K	5x	as long as short
Gate LIT_USDT	−0.0344%	4h	4.6970	+0.128%	$2.7M	$4.2M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0344%	4h	4.7047	+0.293%	$905K	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.013%	$613K	$352K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0293%	1h	4.6955	+0.095%	$41K	$40K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet LIT-USD	−0.0204%	1h	4.6961	+0.108%	$84K	$68K	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.7099	+0.403%	$203K	$297K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.6988	+0.166%	$784K	$2.1M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0006%	4h	4.6995	+0.181%	$25.3M	$61.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7002	+0.196%	$34K	—	5x	as long as short
KuCoin LITUSDTM	+0.0002%	4h	4.6970	+0.128%	$5.2M	$1.0M	30x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7009	+0.210%	$11K	—	150x	as long as short
Extended LIT-USD	+0.0024%	1h	4.6937	+0.057%	$5.2M	$5.0M	25x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.409%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0039%	1h	4.7073	+0.348%	$10K	$204K	10x	as long as short
ApeX Omni LITUSDT	+0.0068%	1h	4.7050	+0.298%	$56K	$76K	50x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.6934	+0.052%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7022	+0.239%	$58.6M	$27.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7038	+0.273%	$210.0M	$42.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6996	+0.183%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6979	+0.147%	$75.3M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6986	+0.162%	$117K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	+0.315%	$120K	$4K	10x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.6960	+0.107%	$5.6M	$3.8M	100x
Bitget LITUSDT	+0.0100%	4h	4.6990	+0.171%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7088	+0.379%	$288K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6966	+0.119%	$439K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6982	+0.153%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6945	+0.075%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6937	+0.058%	$1K	$385K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7103	+0.411%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6952	+0.090%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7014	+0.221%	$31K	$759K	33x	as long as short
Aster LITUSDT	+0.0232%	4h	4.7003	+0.198%	$12.6M	$1.9M	50x	as long as short
Lighter RH LIT	+0.0320%	1h	4.7040	+0.277%	$3.8M	$13.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6946	+0.077%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.7009	+0.212%	$65K	—	50x	as long as short