Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRpaid last 24h −0.052%
Price spread now: Phoenix against Aster−0.110%7-day average +0.049% · 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−$66as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 6 days (all we have)+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+3.418%+$342 · spread now −0.110%, 7d avg +0.049%
=Together, before fees+3.423%+ Points / potential airdropAster: Stage 5 · farm board+$342 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phoenix is 0.158% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment. 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 | Aster LITUSDT | 4.8185 | 0.0311 | pay 0.0155% / 4h | 3h 53m | $12.9M | $2.0M | 50x |
| Short | Phoenix LIT | 4.8132 | 0.0017 | get 0.0002% / 1h | 53m 09s | $207K | $288K | 5x |
Aster LITUSDT
Phoenix LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$61.77
- Price spread: −0.110% → +0.049%
- −$15.82
- Slippage, 4 orders
- −$35.61
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$128.2
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Phoenix: live order book, 43 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, 6 min ago | 3.52 bp | 9.3 bp −$9 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 43 min ago | 2.09 bp | 16.1 bp −$16 | 50.1 bp −$501 | 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 | −0.0477% | 1h | 4.8118 | −0.139% | $42K | $39K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0364% | 4h | 4.8045 | −0.290% | $33K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0309% | 1h | 4.8083 | −0.211% | $86K | $66K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7968 | −0.451% | $608K | $349K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0248% | 1h | 4.8026 | −0.330% | $31K | $3K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0246% | 4h | 4.7999 | −0.385% | $888K | $2.0M | 10x | as long as short |
| Bybit LITUSDT | −0.0224% | 4h | 4.8120 | −0.134% | $41.9M | $27.4M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0158% | 4h | 4.8132 | −0.110% | $26.0M | $59.7M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8111 | −0.152% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8107 | −0.161% | $36K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Bybit LITUSDT
OKX LIT-USDT-SWAP
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LITshort | +0.0017% | 1h | 4.8132 | −0.110% | $207K | $288K | 5x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.301% | $422 | $178K | 5.5x | as long as short |
| ApeX Omni LITUSDT | +0.0091% | 1h | 4.7970 | −0.446% | $57K | $76K | 50x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.8047 | −0.286% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8188 | +0.007% | $60.0M | $25.9M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.8055 | −0.269% | $2.1M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8169 | −0.033% | $217.6M | $38.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8076 | −0.226% | $713K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8102 | −0.172% | $77.2M | $73.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8081 | −0.215% | $126K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8183 | −0.004% | $120K | −$0 | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8120 | −0.134% | $2.8M | $4.0M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8054 | −0.271% | $6.2M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8092 | −0.193% | $5.5M | $929K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8100 | −0.176% | $6.9M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8093 | −0.191% | $686K | $988K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7984 | −0.417% | $294K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8135 | −0.103% | $448K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8239 | +0.112% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8027 | −0.327% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8120 | −0.134% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8185 | 0.000% | $194K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8090 | −0.197% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8097 | −0.181% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8088 | −0.200% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8094 | −0.188% | $801K | $2.3M | 5x | as long as short |
| Lighter RH LIT | +0.0120% | 1h | 4.8204 | +0.040% | $3.7M | $12.2M | 5x | as long as short |
| Aster LITUSDTlong | +0.0311% | 4h | 4.8185 | long leg | $12.9M | $2.0M | 50x | |
| Perpl LIT | +0.0335% | 43m | 4.8110 | −0.155% | $32K | $639K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8071 | −0.236% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8140 | −0.093% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0482% | 1h | 4.8098 | −0.180% | $10K | $202K | 10x | as long as short |
Injective LIT/USDC PERP
ApeX Omni LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD