Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h +0.063%
Price spread now: Paradex against Phemex−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.065% cheaper against Phemex than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITUSDT | 4.7870 | 0.0098 | pay 0.0049% / 4h | 1h 06m | $1.4M | $2.8M | 20x |
| Short | Paradex LIT-USD-PERP | 4.7839 | 0.0093 | get 0.0093% / 8h | 1h 06m | $7K | $2K | 5x |
Phemex LITUSDT
Paradex LIT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$1.14
- Price spread: −0.065% → 0.000%
- −$6.48
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$23.62
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Paradex: no order-book sample. 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 Phemex live order book, 2 min ago | 5.22 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.7780 | −0.189% | $605K | $352K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0366% | 4h | 4.7867 | −0.006% | $33K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0264% | 1h | 4.7883 | +0.027% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0190% | 1h | 4.7902 | +0.067% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0130% | 4h | 4.7941 | +0.148% | $25.7M | $60.8M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0109% | 1h | 4.7918 | +0.101% | $42K | $40K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0064% | 4h | 4.7848 | −0.045% | $885K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7900 | +0.064% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7930 | +0.125% | $11K | — | 150x | as long as short |
| Phoenix LIT | +0.0033% | 1h | 4.7934 | +0.134% | $206K | $301K | 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
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.355% | $422 | $178K | 5.5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0039% | 1h | 4.7940 | +0.146% | $676K | $943K | 5x | as long as short |
| Bybit LITUSDT | +0.0068% | 4h | 4.7925 | +0.115% | $41.5M | $28.0M | 75x | as long as short |
| Paradex LIT-USD-PERPshort | +0.0093% | 8h | 4.7839 | −0.065% | $7K | $2K | 5x | |
| Lighter LIT | +0.0096% | 1h | 4.7966 | +0.201% | $59.7M | $27.5M | 5x | as long as short |
| Phemex LITUSDTlong | +0.0098% | 4h | 4.7870 | long leg | $1.4M | $2.8M | 20x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7875 | +0.010% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7900 | +0.062% | $770K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7935 | +0.136% | $76.7M | $75.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7897 | +0.056% | $124K | $445K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7960 | +0.188% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7934 | +0.134% | $5.9M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7930 | +0.125% | $5.5M | $1.0M | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7970 | +0.209% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7820 | −0.103% | $292K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7870 | 0.000% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7916 | +0.096% | $450K | $83K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7950 | +0.168% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7883 | +0.027% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7903 | +0.069% | $1K | $335K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7952 | +0.171% | $200K | $298K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7895 | +0.052% | $119K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7908 | +0.080% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7885 | +0.031% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7912 | +0.088% | $811K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0201% | 4h | 4.7993 | +0.257% | $12.9M | $1.9M | 50x | as long as short |
| Hyperliquid LIT | +0.0269% | 1h | 4.8017 | +0.307% | $216.6M | $39.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7876 | +0.013% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0368% | 1h | 4.8000 | +0.272% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0395% | 1h | 4.7957 | +0.183% | $9K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7931 | +0.127% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7927 | +0.118% | $32K | $667K | 33x | as long as short |
Injective LIT/USDC PERP
Backpack LIT_USDC_PERP
Bybit LITUSDT
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
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]
Perpl LIT