LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.015%

Price spread now: Phoenix against SoDEX+0.238%7-day average +0.132% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on SoDEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.238%, 7d avg +0.132%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phoenix is 0.106% dearer against SoDEX than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.132%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7005	0.0046	pay 0.0006% / 1h	34m 32s	$1K	$465K	5x
Short	Phoenix LIT	4.7117	−0.0034	pay 0.0004% / 1h	34m 32s	$244K	$327K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee PhoenixbpOrdersPrice spread, now +0.238%Rate

Funding earned: −$16.82
Price spread: +0.238% → +0.132%: $10.6
Slippage, 4 orders: −$57.2
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$78.42
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from SoDEX: live order book, 49 min ago; Phoenix: live order book, 46 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 SoDEX live order book, 49 min ago	0.10 bp	19.8 bp −$20	52.1 bp −$521	doesn't fit	doesn't fit
Sell Phoenix live order book, 46 min ago	2.10 bp	16.1 bp −$16	50.2 bp −$502	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
Gate LIT_USDT	−0.1100%	4h	4.7060	+0.117%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0906%	1h	4.7006	+0.002%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0746%	1h	4.7036	+0.066%	$661K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0631%	4h	4.6942	−0.134%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.6951	−0.115%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0539%	4h	4.6990	−0.032%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0434%	4h	4.7054	+0.104%	$25.2M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0341%	1h	4.7065	+0.128%	$85K	$80K	20x	as long as short
Bybit LITUSDT	−0.0300%	4h	4.7070	+0.138%	$42.5M	$30.3M	75x	as long as short
KuCoin LITUSDTM	−0.0292%	4h	4.7008	+0.006%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0225%	1h	4.7108	+0.219%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0184%	4h	4.7051	+0.098%	$898K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7002	−0.006%	$665K	$397K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7074	+0.147%	$784K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0038%	1h	4.7039	+0.073%	$2.1M	$1.7M	10x	as long as short
Phoenix LITshort	−0.0034%	1h	4.7117	+0.238%	$244K	$327K	5x
Paradex LIT-USD-PERP	−0.0007%	8h	4.7023	+0.039%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7074	+0.148%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7032	+0.058%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.202%	$422	$178K	5.5x	as long as short
SoDEX LIT-USDlong	+0.0046%	1h	4.7005	long leg	$1K	$465K	5x
Binance LITUSDT	+0.0056%	4h	4.7053	+0.102%	$74.6M	$80.9M	75x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7038	+0.070%	$5.6M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0060%	4h	4.7056	+0.109%	$286K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.6979	−0.056%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7119	+0.243%	$59.3M	$29.5M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7142	+0.291%	$210.2M	$44.2M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7104	+0.210%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7092	+0.185%	$579K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7061	+0.119%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	+0.304%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7100	+0.202%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	+0.266%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7085	+0.170%	$445K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7051	+0.097%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7011	+0.013%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7047	+0.089%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7053	+0.101%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0230%	4h	4.6967	−0.081%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7073	+0.145%	$31K	$838K	33x	as long as short
Lighter RH LIT	+0.0336%	1h	4.7138	+0.283%	$3.7M	$13.6M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7032	+0.057%	$59K	—	50x	as long as short