Funding you earn now, next payment 21:00 UTC−0.0630%/8h= −69.0% APRnext payment −$0.79 per $10,000 · paid last 24h −0.069%
Price spread now: 01 Exchange against Phoenix−0.165%7-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
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and 01 Exchange is 0.165% cheaper against Phoenix than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LIT | 4.7209 | −0.0050 | get 0.0006% / 1h | 45m 16s | $244K | $321K | 5x |
| Short | 01 Exchange LITUSD | 4.7131 | −0.0680 | pay 0.0085% / 1h | 45m 16s | $33K | $4K | 5x |
Phoenix LIT
01 Exchange LITUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$132.25
- Price spread: −0.165% → 0.000%
- −$16.52
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$162.78
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 40 min ago; 01 Exchange: 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, 40 min ago | 2.07 bp | 16.1 bp −$16 | 57.9 bp −$579 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0817% | 1h | 4.7196 | −0.027% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSDshort | −0.0680% | 1h | 4.7131 | −0.165% | $33K | $4K | 5x | |
| Backpack LIT_USDC_PERP | −0.0645% | 1h | 4.7187 | −0.047% | $663K | $1.5M | 5x | as long as short |
| Gate LIT_USDT | −0.0626% | 4h | 4.7180 | −0.061% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0579% | 4h | 4.7132 | −0.163% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0399% | 4h | 4.7110 | −0.210% | $1.3M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0330% | 4h | 4.7198 | −0.023% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0304% | 4h | 4.7192 | −0.036% | $25.0M | $60.7M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0294% | 4h | 4.7109 | −0.213% | $893K | $1.9M | 10x | as long as short |
| Bullet LIT-USD | −0.0277% | 1h | 4.7188 | −0.044% | $85K | $81K | 20x | as long as short |
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Bullet LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0270% | 4h | 4.7190 | −0.040% | $42.7M | $30.4M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7349 | +0.296% | $653K | $399K | 50x | as long as short |
| Nado LIT-PERP | −0.0129% | 1h | 4.7195 | −0.030% | $2.1M | $1.7M | 10x | as long as short |
| Extended LIT-USD | −0.0072% | 1h | 4.7185 | −0.051% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0058% | 1h | 4.7190 | −0.040% | $978 | $484K | 5x | as long as short |
| Phoenix LITlong | −0.0050% | 1h | 4.7209 | long leg | $244K | $321K | 5x | |
| Paradex LIT-USD-PERP | −0.0024% | 8h | 4.7113 | −0.204% | $5K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7220 | +0.024% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7228 | +0.041% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7208 | −0.001% | $812K | $2.0M | 5x | as long as short |
| Binance LITUSDT | +0.0033% | 4h | 4.7175 | −0.072% | $74.6M | $80.9M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.760% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0036% | 4h | 4.7167 | −0.089% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0041% | 4h | 4.7233 | +0.051% | $287K | $312K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7156 | −0.112% | $147K | $44K | 3x | as long as short |
| Polymarket Perps LIT-USD | +0.0075% | 1h | 4.7209 | 0.000% | $446K | $105K | 10x | as long as short |
| Bulk LIT-USD | +0.0077% | 1h | 4.7397 | +0.398% | $119K | $7K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7220 | +0.023% | $59.2M | $29.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7215 | +0.013% | $209.8M | $44.6M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7211 | +0.004% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7194 | −0.032% | $592K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7145 | −0.136% | $118K | $445K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7200 | −0.019% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7120 | −0.189% | $55K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7225 | +0.034% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7221 | +0.025% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7273 | +0.136% | $189K | $327K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7202 | −0.014% | $31K | $844K | 33x | as long as short |
| BloFin LIT-USDT | +0.0147% | 4h | 4.7025 | −0.390% | $1.5M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0188% | 1h | 4.7368 | +0.338% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0344% | 1h | 4.7237 | +0.059% | $3.7M | $14.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0387% / S −0.0190% | 1h | 4.7237 | +0.058% | $59K | — | 50x | as long as short |
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Nado LIT-PERP
Extended LIT-USD
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Binance LITUSDT
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Polymarket Perps LIT-USD
Bulk LIT-USD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]