Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.018%
Price spread now: Pacifica against Phoenix+0.027%7-day average −0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)−0.589%−$59 · spread now +0.027%, 7d avg −0.114%
=Together, before fees−0.643%+ Points / potential airdropPacifica: Active · farm board−$64 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.142% dearer against Phoenix than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.114%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LIT | 4.7514 | −0.0034 | get 0.0004% / 1h | 20m 48s | $207K | $361K | 5x |
| Short | Pacifica LIT | 4.7527 | 0.0100 | get 0.0013% / 1h | 20m 48s | $591K | $1.6M | 10x |
Phoenix LIT
Pacifica LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $28.09
- Price spread: +0.027% → −0.114%
- $14.16
- Slippage, 4 orders
- −$35.82
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$8.57
- Costs to cover
- 0.508%
- Break-even
- 9.1 days
Slippage from Phoenix: live order book, 50 min ago; Pacifica: live order book, 3 min ago.
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, 50 min ago | 1.90 bp | 16.1 bp −$16 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 3.37 bp | 9.7 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0792% | 1h | 4.7554 | +0.084% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0498% | 4h | 4.7494 | −0.042% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0416% | 1h | 4.7428 | −0.181% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0353% | 1h | 4.7549 | +0.074% | $85K | $72K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0222% | 1h | 4.7460 | −0.114% | $57K | $77K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0201% | 4h | 4.7620 | +0.223% | $25.9M | $63.9M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0136% | 4h | 4.7582 | +0.143% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7619 | +0.222% | $674K | $390K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0078% | 4h | 4.7470 | −0.092% | $908K | $1.8M | 10x | as long as short |
| Phoenix LITlong | −0.0034% | 1h | 4.7514 | long leg | $207K | $361K | 5x |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7611 | +0.205% | $31K | $853K | 33x | as long as short |
| dYdX LIT-USD | +0.0003% | 1h | 4.7562 | +0.101% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7610 | +0.202% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.107% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0042% | 1h | 4.7509 | −0.009% | $2.2M | $1.7M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0043% | 8h | 4.7464 | −0.105% | $7K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0092% | 1h | 4.7558 | +0.093% | $449K | $104K | 10x | as long as short |
| Bulk LIT-USD | +0.0096% | 1h | 4.7547 | +0.069% | $119K | $1K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7635 | +0.255% | $59.6M | $29.9M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7680 | +0.349% | $12.7M | $2.2M | 50x | as long as short |
| Pacifica LITshort | +0.0100% | 1h | 4.7527 | +0.027% | $591K | $1.6M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.7596 | +0.173% | $76.0M | $80.3M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7598 | +0.177% | $42.9M | $29.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7494 | −0.042% | $117K | $450K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7620 | +0.223% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7603 | +0.187% | $5.6M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7650 | +0.286% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7616 | +0.215% | $690K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7466 | −0.100% | $289K | $308K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7592 | +0.164% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7481 | −0.069% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7563 | +0.103% | $986 | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7599 | +0.179% | $190K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7530 | +0.034% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7594 | +0.168% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7534 | +0.042% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7516 | +0.003% | $792K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7668 | +0.324% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0331% | 1h | 4.7709 | +0.410% | $214.1M | $43.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7505 | −0.019% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0378% | 1h | 4.7582 | +0.144% | $9K | $202K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0397% / S −0.0187% | 1h | 4.7600 | +0.180% | $64K | — | 50x | as long as short |
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Nado LIT-PERP
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
Bulk LIT-USD
Lighter LIT
Aster LITUSDT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]