LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0132%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h +0.078%

Price spread now: Backpack against 01 Exchange+0.051%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Backpack

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Backpack is 0.051% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange LITUSD	4.7180	−0.0544	get 0.0068% / 1h	41m 15s	$33K	$4K	5x
Short	Backpack LIT_USDC_PERP	4.7204	−0.0676	pay 0.0084% / 1h	41m 15s	$663K	$1.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$27.64
Price spread: +0.051% → 0.000%: $5.09
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$39.56
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 3 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 3 min ago	0.53 bp	6.2 bp −$6	15.4 bp −$154	doesn't fit	doesn't fit

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
Gate LIT_USDT	−0.0992%	4h	4.7200	+0.042%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0902%	1h	4.7171	−0.018%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERPshort	−0.0676%	1h	4.7204	+0.051%	$663K	$1.4M	5x
Orderly PERP_LIT_USDC	−0.0631%	4h	4.7129	−0.108%	$32K	$2K	10x	as long as short
01 Exchange LITUSDlong	−0.0544%	1h	4.7180	long leg	$33K	$4K	5x
Phemex LITUSDT	−0.0522%	4h	4.7170	−0.021%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0422%	4h	4.7154	−0.055%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0344%	1h	4.7181	+0.003%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0299%	4h	4.7182	+0.004%	$42.6M	$30.4M	75x	as long as short
KuCoin LITUSDTM	−0.0288%	4h	4.7230	+0.106%	$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	−0.0229%	1h	4.7171	−0.019%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0200%	4h	4.7104	−0.162%	$899K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.147%	$660K	$388K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7258	+0.165%	$787K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0042%	1h	4.7179	−0.003%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7231	+0.108%	$245K	$327K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7255	+0.159%	$34K	—	5x	as long as short
Paradex LIT-USD-PERP	+0.0001%	8h	4.7205	+0.054%	$6K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7232	+0.109%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.823%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0055%	4h	4.7164	−0.034%	$287K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7155	−0.053%	$5.6M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7158	−0.046%	$74.8M	$81.1M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7194	+0.029%	$148K	$44K	3x	as long as short
SoDEX LIT-USD	+0.0083%	1h	4.7175	−0.011%	$1K	$467K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7245	+0.138%	$59.4M	$29.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7267	+0.184%	$210.7M	$44.8M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7255	+0.159%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7265	+0.179%	$581K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7234	+0.114%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	−0.068%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7210	+0.064%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−0.106%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7204	+0.051%	$446K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7224	+0.093%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7207	+0.057%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7222	+0.089%	$189K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7155	−0.053%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0226%	4h	4.7158	−0.047%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7218	+0.080%	$32K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7222	+0.089%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0400%	1h	4.7275	+0.201%	$3.7M	$13.6M	5x	as long as short