Funding you earn now, next payment 04:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.94 per $10,000 · paid last 24h −0.084%
Price spread now: Phemex against Aster−0.178%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$830.834% of the position
Funding, last 5 days (all we have)−0.196%−$20 on $10k
+Price spread, last 3 days (all we have)+0.089%+$9 · spread now −0.178%, 7d avg −0.115%
=Together, before fees−0.107%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Phemex is 0.063% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.115%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster LITUSDT | 4.7144 | 0.0133 | pay 0.0067% / 4h | 2h 01m | $12.6M | $2.0M | 50x |
| Short | Phemex LITUSDT | 4.7060 | −0.0055 | pay 0.0027% / 4h | 2h 01m | $1.4M | $2.7M | 20x |
Aster LITUSDT
Phemex LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- −$39.46
- Price spread: −0.178% → −0.115%
- −$6.3
- Slippage, 4 orders
- −$63.41
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$129.17
- Costs to cover
- 0.834%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Phemex: live order book, 2 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 Aster live order book, 3 min ago | 1.91 bp | 7.7 bp −$8 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 8.52 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
LIT on 41 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0488% | 1h | 4.6971 | −0.367% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0421% | 4h | 4.7011 | −0.282% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0301% | 1h | 4.7072 | −0.154% | $85K | $67K | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0102% | 4h | 4.6953 | −0.406% | $898K | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.6990 | −0.327% | $203K | $352K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7385 | +0.510% | $670K | $370K | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0069% | 1h | 4.6920 | −0.475% | $56K | $77K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0068% | 4h | 4.7067 | −0.163% | $5.2M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0059% | 4h | 4.7057 | −0.185% | $25.5M | $61.7M | 50x | as long as short |
| Phemex LITUSDTshort | −0.0055% | 4h | 4.7060 | −0.178% | $1.4M | $2.7M | 20x |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
GRVT LIT_USDT_Perp
Phoenix LIT
Coinbase International LIT-PERP-INTX
ApeX Omni LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAPShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0012% | 4h | 4.7090 | −0.115% | $2.8M | $4.3M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6979 | −0.349% | $34K | — | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | 0.0000% | 1h | 4.7074 | −0.149% | $41K | $40K | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7089 | −0.117% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.900% | $422 | $178K | 5.5x | as long as short |
| Bulk LIT-USD | +0.0039% | 1h | 4.6872 | −0.577% | $117K | $1K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0051% | 8h | 4.6985 | −0.337% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7000 | −0.306% | $810K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7132 | −0.026% | $59.0M | $29.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7025 | −0.253% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7142 | −0.004% | $210.8M | $41.3M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7006 | −0.293% | $583K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7061 | −0.177% | $74.9M | $78.1M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7057 | −0.185% | $41.8M | $28.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6982 | −0.344% | $117K | $444K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7076 | −0.144% | $5.4M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7110 | −0.072% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7112 | −0.068% | $683K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6943 | −0.426% | $286K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7072 | −0.153% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7090 | −0.115% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7058 | −0.183% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7090 | −0.115% | $1K | $415K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7050 | −0.200% | $190K | $352K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7054 | −0.191% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7056 | −0.186% | $147K | — | 3x | as long as short |
| Aster LITUSDTlong | +0.0133% | 4h | 4.7144 | long leg | $12.6M | $2.0M | 50x | |
| Lighter RH LIT | +0.0224% | 1h | 4.7169 | +0.053% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0296% | 1h | 4.7033 | −0.236% | $9K | $209K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0407% / S −0.0202% | 1h | 4.7083 | −0.130% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7091 | −0.113% | $31K | $833K | 33x | as long as short |
Gate LIT_USDT
dYdX LIT-USD
Deribit LIT_USDC-PERPETUAL
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Bulk LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT