Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.366%+$37 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LITUSDT4.7470−0.0505get 0.0253% / 4h1h 09m$1.4M$2.7M20x
ShortSunX LIT-USDT4.74600.0100get 0.0050% / 4h1h 09m$4K$1.2M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago3.18 bp34.1 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago500.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LIT_USDT−0.1176%4h4.7480+0.021%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0789%1h4.7417−0.111%$42K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0659%1h4.7485+0.032%$666K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0628%4h4.7368−0.215%$32K$2K10xas long as short
01 Exchange LITUSD−0.0560%1h4.7364−0.223%$33K$4K5xas long as short
Phemex LITUSDTlong−0.0505%4h4.7470long leg$1.4M$2.7M20x
OKX LIT-USDT-SWAP−0.0470%4h4.7413−0.120%$25.6M$63.3M50xas long as short
Bullet LIT-USD−0.0331%1h4.7406−0.135%$85K$81K20xas long as short
Aftermath Perps LITUSD−0.0251%1h4.7285−0.391%$10K$202K10xas long as short
Bybit LITUSDT−0.0245%4h4.7424−0.097%$42.8M$30.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTM−0.0238%4h4.7447−0.048%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7507+0.078%$672K$401K50xas long as short
GRVT LIT_USDT_Perp−0.0134%4h4.7261−0.440%$900K$1.8M10xas long as short
RISEx LIT/USDC−0.0082%1h4.7448−0.046%$812K$2.1M5xas long as short
Phoenix LIT−0.0034%1h4.7192−0.586%$204K$327K5xas long as short
Nado LIT-PERP−0.0005%1h4.7396−0.155%$2.2M$1.7M10xas long as short
dYdX LIT-USD0.0000%1h4.7493+0.048%$34K5xas long as short
Perpl LIT0.0000%43m4.7423−0.099%$31K$840K33xas long as short
Paradex LIT-USD-PERP+0.0002%8h4.7375−0.199%$7K$2K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7485+0.031%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.201%$422$178K5.5xas long as short
Binance LITUSDT+0.0056%4h4.7396−0.156%$75.3M$81.0M75xas long as short
MEXC LIT_USDT+0.0060%4h4.7417−0.112%$5.7M$4.2M100xas long as short
edgeX LITUSDC+0.0062%4h4.7408−0.131%$288K$310K10xas long as short
Aevo LIT-PERP+0.0072%1h4.7410−0.126%$148K$44K3xas long as short
Lighter LIT+0.0096%1h4.7477+0.015%$59.8M$30.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7499+0.061%$212.2M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7476+0.013%$12.7M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7459−0.023%$615K$1.6M10xas long as short
Arcus LIT-USD+0.0100%1h4.7421−0.103%$118K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7396−0.156%$118K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7440−0.063%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7280−0.400%$55K$76K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7429−0.086%$448K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7465−0.011%$2K$6506.7xas long as short
SunX LIT-USDTshort+0.0100%4h4.7460−0.021%$4K$1.2M20x
SoDEX LIT-USD+0.0100%1h4.7424−0.097%$995$465K5xas long as short
HTX LIT-USDT+0.0100%4h4.7467−0.006%$190K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7395−0.158%$5.2M$5.1M25xas long as short
Lighter RH LIT+0.0192%1h4.7534+0.135%$3.7M$13.8M5xas long as short
BloFin LIT-USDT+0.0249%4h4.7426−0.093%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0377% / S −0.0169%1h4.7458−0.025%$62K50xas long as short