Funding you earn now, next payment 00:00 UTC+0.0605%/8h= +66.3% APRnext payment +$3.03 per $10,000 · paid last 24h +0.060%
Price spread now: SunX against Phemex−0.021%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.021%, 7d avg +0.007%
=Funding pays, the price is against you. SunX is 0.028% cheaper against Phemex than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.214% in total) that is about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.03 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 | 4.7470 | −0.0505 | get 0.0253% / 4h | 1h 09m | $1.4M | $2.7M | 20x |
| Short | SunX LIT-USDT | 4.7460 | 0.0100 | get 0.0050% / 4h | 1h 09m | $4K | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $127.15
- Price spread: −0.021% → +0.007%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $104.35
- Costs to cover
- 0.200%
- Break-even
- 1.3 days
Slippage unknown: Phemex: live order book, 4 min ago; SunX: live order book, 4 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 Phemex live order book, 4 min ago | 3.18 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 500.11 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1176% | 4h | 4.7480 | +0.021% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0789% | 1h | 4.7417 | −0.111% | $42K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0659% | 1h | 4.7485 | +0.032% | $666K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0628% | 4h | 4.7368 | −0.215% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7364 | −0.223% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDTlong | −0.0505% | 4h | 4.7470 | long leg | $1.4M | $2.7M | 20x | |
| OKX LIT-USDT-SWAP | −0.0470% | 4h | 4.7413 | −0.120% | $25.6M | $63.3M | 50x | as long as short |
| Bullet LIT-USD | −0.0331% | 1h | 4.7406 | −0.135% | $85K | $81K | 20x | as long as short |
| Aftermath Perps LITUSD | −0.0251% | 1h | 4.7285 | −0.391% | $10K | $202K | 10x | as long as short |
| Bybit LITUSDT | −0.0245% | 4h | 4.7424 | −0.097% | $42.8M | $30.2M | 75x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.0238% | 4h | 4.7447 | −0.048% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7507 | +0.078% | $672K | $401K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0134% | 4h | 4.7261 | −0.440% | $900K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7448 | −0.046% | $812K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7192 | −0.586% | $204K | $327K | 5x | as long as short |
| Nado LIT-PERP | −0.0005% | 1h | 4.7396 | −0.155% | $2.2M | $1.7M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7493 | +0.048% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7423 | −0.099% | $31K | $840K | 33x | as long as short |
| Paradex LIT-USD-PERP | +0.0002% | 8h | 4.7375 | −0.199% | $7K | $2K | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7485 | +0.031% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.201% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0056% | 4h | 4.7396 | −0.156% | $75.3M | $81.0M | 75x | as long as short |
| MEXC LIT_USDT | +0.0060% | 4h | 4.7417 | −0.112% | $5.7M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0062% | 4h | 4.7408 | −0.131% | $288K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7410 | −0.126% | $148K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7477 | +0.015% | $59.8M | $30.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7499 | +0.061% | $212.2M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7476 | +0.013% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7459 | −0.023% | $615K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7421 | −0.103% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7396 | −0.156% | $118K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7440 | −0.063% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7280 | −0.400% | $55K | $76K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7429 | −0.086% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7465 | −0.011% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDTshort | +0.0100% | 4h | 4.7460 | −0.021% | $4K | $1.2M | 20x | |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7424 | −0.097% | $995 | $465K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7467 | −0.006% | $190K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7395 | −0.158% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0192% | 1h | 4.7534 | +0.135% | $3.7M | $13.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0249% | 4h | 4.7426 | −0.093% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7458 | −0.025% | $62K | — | 50x | as long as short |
Phemex LITUSDT
SunX LIT-USDT
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
Aftermath Perps LITUSD
Bybit LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]