Funding you earn now, next payment 00:00 UTC−0.0693%/8h= −75.8% APRnext payment −$3.46 per $10,000 · paid last 24h −0.060%
Price spread now: Phemex against SunX−0.100%7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now −0.100%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Phemex is 0.093% cheaper against SunX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.214% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LIT-USDT | 4.7207 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $4K | $1.2M | 20x |
| Short | Phemex LITUSDT | 4.7160 | −0.0593 | pay 0.0296% / 4h | 1h 53m | $1.3M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SunX. 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
- −$145.46
- Price spread: −0.100% → −0.007%
- −$9.26
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$174.72
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Phemex: live order book, 5 min ago. 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 SunX live order book, 10 min ago | 500.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 6.36 bp | 31.5 bp −$32 | 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 | −0.1162% | 1h | 4.7180 | −0.056% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0814% | 4h | 4.7170 | −0.078% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0632% | 4h | 4.7155 | −0.110% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDTshort | −0.0593% | 4h | 4.7160 | −0.100% | $1.3M | $2.7M | 20x | |
| OKX LIT-USDT-SWAP | −0.0403% | 4h | 4.7118 | −0.189% | $25.1M | $62.1M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0368% | 1h | 4.7111 | −0.203% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0342% | 1h | 4.7124 | −0.176% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0301% | 4h | 4.7160 | −0.100% | $42.6M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0292% | 4h | 4.7195 | −0.025% | $5.2M | $1.1M | 30x | as long as short |
| Aftermath Perps LITUSD | −0.0204% | 1h | 4.7285 | +0.165% | $10K | $202K | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0196% | 4h | 4.7300 | +0.197% | $898K | $1.9M | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0179% | 1h | 4.7200 | −0.015% | $663K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.089% | $660K | $404K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7192 | −0.032% | $786K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0079% | 1h | 4.7135 | −0.151% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7306 | +0.210% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0015% | 8h | 4.7112 | −0.201% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7195 | −0.025% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7247 | +0.086% | $35K | — | 150x | as long as short |
| ApeX Omni LITUSDT | +0.0017% | 1h | 4.7290 | +0.176% | $55K | $78K | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.765% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0041% | 4h | 4.7297 | +0.191% | $288K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0042% | 4h | 4.7111 | −0.203% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0042% | 4h | 4.7128 | −0.167% | $74.7M | $81.5M | 75x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7207 | +0.001% | $148K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7224 | +0.036% | $59.3M | $29.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7211 | +0.008% | $210.4M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7210 | +0.006% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7183 | −0.051% | $581K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7167 | −0.085% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7185 | −0.047% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7160 | −0.100% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7154 | −0.112% | $445K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7230 | +0.049% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDTlong | +0.0100% | 4h | 4.7207 | long leg | $4K | $1.2M | 20x | |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7185 | −0.047% | $1K | $479K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7236 | +0.061% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7114 | −0.197% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0164% | 4h | 4.7285 | +0.165% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7190 | −0.035% | $31K | $838K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7245 | +0.081% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0488% | 1h | 4.7236 | +0.061% | $3.7M | $13.5M | 5x | as long as short |
SunX LIT-USDT
Phemex LITUSDT
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
OKX LIT-USDT-SWAP
01 Exchange LITUSD
Bullet LIT-USD
Bybit LITUSDT
KuCoin LITUSDTM
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT