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

LIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: gTrade (Gains Network) against Phoenix−0.415%57s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. gTrade (Gains Network) is 0.415% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.415% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$42 on $10k: about 2 months of funding at the current rate (+$1 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix LIT4.8141−0.0017get 0.0002% / 1h21m 26s$207K$283K5x
ShortgTrade (Gains Network) LIT/USD4.7941L +0.0003% / S −0.0002%get 0.0000% / 1h21m 26s$11K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Phoenix. 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
$4.06
Price spread: −0.415% → 0.000%
−$41.54
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$54.49
Costs to cover
0.170%
Break-even
101.1 days
Slippage unknown: Phoenix: live order book, 25 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 25 min ago1.90 bp16.1 bp −$1657.9 bp −$579doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0448%1h4.7300−1.747%$612K$347K50xas long as short
Orderly PERP_LIT_USDC−0.0358%4h4.7884−0.534%$33K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0313%1h4.7931−0.436%$42K$40K10xas long as short
Phemex LITUSDT−0.0235%4h4.7920−0.459%$1.4M$2.8M20xas long as short
01 Exchange LITUSD−0.0232%1h4.8109−0.066%$31K$4K5xas long as short
Bullet LIT-USD−0.0176%1h4.7902−0.496%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0146%4h4.8131−0.021%$25.8M$61.7M50xas long as short
GRVT LIT_USDT_Perp−0.0144%4h4.7790−0.729%$891K$1.9M10xas long as short
Phoenix LITlong−0.0017%1h4.8141long leg$207K$283K5x
RISEx LIT/USDC−0.0012%1h4.8097−0.092%$836K$2.2M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.7991−0.311%$34K5xas long as short
Bybit LITUSDT0.0000%4h4.8110−0.064%$41.8M$28.7M75xas long as short
gTrade (Gains Network) LIT/USDshortL +0.0003% / S −0.0002%1h4.7941−0.415%$11K150x
Injective LIT/USDC PERP+0.0033%1h4.8040−0.210%$422$178K5.5xas long as short
KuCoin LITUSDTM+0.0036%4h4.7981−0.332%$5.4M$1.0M30xas long as short
Paradex LIT-USD-PERP+0.0094%8h4.7936−0.425%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7999−0.295%$59.8M$28.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.8131−0.021%$2.2M$1.7M10xas long as short
Pacifica LIT+0.0100%1h4.8000−0.293%$580K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.8088−0.110%$77.3M$76.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.8076−0.135%$119K$461K5xas long as short
Bulk LIT-USD+0.0100%1h4.7822−0.662%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7970−0.355%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7990−0.314%$5.9M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.8150+0.019%$6.9M$2.5M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7990−0.314%$672K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.7756−0.801%$292K$303K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7750−0.812%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8134−0.015%$452K$84K10xas long as short
Derive LIT-PERP+0.0100%1h4.7958−0.381%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7888−0.526%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7940−0.418%$1K$335K5xas long as short
HTX LIT-USDT+0.0100%4h4.7893−0.515%$199K$346K30xas long as short
Extended LIT-USD+0.0104%1h4.8047−0.196%$5.3M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7908−0.485%$150K3xas long as short
Hyperliquid LIT+0.0132%1h4.8225+0.174%$216.2M$40.3M5xas long as short
Lighter RH LIT+0.0208%1h4.8029−0.233%$3.7M$13.1M5xas long as short
Aster LITUSDT+0.0222%4h4.8140−0.002%$12.9M$1.9M50xas long as short
Aftermath Perps LITUSD+0.0331%1h4.7750−0.812%$8K$204K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7764−0.783%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0442% / S −0.0231%1h4.7937−0.423%$66K50xas long as short
Perpl LIT+0.0447%43m4.8130−0.023%$33K$683K33xas long as short