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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LIT | 4.8141 | −0.0017 | get 0.0002% / 1h | 21m 26s | $207K | $283K | 5x |
| Short | gTrade (Gains Network) LIT/USD | 4.7941 | L +0.0003% / S −0.0002% | get 0.0000% / 1h | 21m 26s | $11K | — | 150x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 25 min ago | 1.90 bp | 16.1 bp −$16 | 57.9 bp −$579 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.7300 | −1.747% | $612K | $347K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0358% | 4h | 4.7884 | −0.534% | $33K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0313% | 1h | 4.7931 | −0.436% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0235% | 4h | 4.7920 | −0.459% | $1.4M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0232% | 1h | 4.8109 | −0.066% | $31K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0176% | 1h | 4.7902 | −0.496% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0146% | 4h | 4.8131 | −0.021% | $25.8M | $61.7M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0144% | 4h | 4.7790 | −0.729% | $891K | $1.9M | 10x | as long as short |
| Phoenix LITlong | −0.0017% | 1h | 4.8141 | long leg | $207K | $283K | 5x | |
| RISEx LIT/USDC | −0.0012% | 1h | 4.8097 | −0.092% | $836K | $2.2M | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | 0.0000% | 1h | 4.7991 | −0.311% | $34K | — | 5x | as long as short |
| Bybit LITUSDT | 0.0000% | 4h | 4.8110 | −0.064% | $41.8M | $28.7M | 75x | as long as short |
| gTrade (Gains Network) LIT/USDshort | L +0.0003% / S −0.0002% | 1h | 4.7941 | −0.415% | $11K | — | 150x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.210% | $422 | $178K | 5.5x | as long as short |
| KuCoin LITUSDTM | +0.0036% | 4h | 4.7981 | −0.332% | $5.4M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7936 | −0.425% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7999 | −0.295% | $59.8M | $28.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.8131 | −0.021% | $2.2M | $1.7M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8000 | −0.293% | $580K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8088 | −0.110% | $77.3M | $76.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8076 | −0.135% | $119K | $461K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7822 | −0.662% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7970 | −0.355% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7990 | −0.314% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8150 | +0.019% | $6.9M | $2.5M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7990 | −0.314% | $672K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7756 | −0.801% | $292K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7750 | −0.812% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8134 | −0.015% | $452K | $84K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7958 | −0.381% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7888 | −0.526% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7940 | −0.418% | $1K | $335K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7893 | −0.515% | $199K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8047 | −0.196% | $5.3M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7908 | −0.485% | $150K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0132% | 1h | 4.8225 | +0.174% | $216.2M | $40.3M | 5x | as long as short |
| Lighter RH LIT | +0.0208% | 1h | 4.8029 | −0.233% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0222% | 4h | 4.8140 | −0.002% | $12.9M | $1.9M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0331% | 1h | 4.7750 | −0.812% | $8K | $204K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7764 | −0.783% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0442% / S −0.0231% | 1h | 4.7937 | −0.423% | $66K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.8130 | −0.023% | $33K | $683K | 33x | as long as short |
Phoenix LIT
gTrade (Gains Network) LIT/USD
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Bybit LITUSDT
Injective LIT/USDC PERP
KuCoin LITUSDTM
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Hyperliquid LIT
Lighter RH LIT
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]