LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0122%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.004%

Price spread now: dYdX against Backpack−0.153%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding pays, the price is against you. dYdX is 0.153% cheaper against Backpack than usual: you would sell low and buy high (spread −0.153% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.2 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LIT_USDC_PERP	4.7464	−0.0122	get 0.0015% / 1h	31m 00s	$669K	$1.0M	5x
Short	dYdX LIT-USD	4.7391	0	get 0.0000% / 1h	31m 00s	$34K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Backpack. 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 BackpackbpFee dYdXbpOrdersPrice spread, now −0.153%Rate

Funding earned: $25.54
Price spread: −0.153% → 0.000%: −$15.28
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$9.74
Costs to cover: 0.200%
Break-even: 9.7 days

Slippage unknown: Backpack: live order book, 3 min ago; dYdX: no order-book sample. 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 Backpack live order book, 3 min ago	0.10 bp	6.2 bp −$6	16.8 bp −$168	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.626%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0381%	4h	4.7389	−0.158%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7399	−0.137%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0234%	1h	4.7434	−0.063%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0170%	4h	4.7465	+0.002%	$25.4M	$60.7M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0131%	1h	4.7446	−0.038%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERPlong	−0.0122%	1h	4.7464	long leg	$669K	$1.0M	5x
GRVT LIT_USDT_Perp	−0.0084%	4h	4.7439	−0.052%	$881K	$2.0M	10x	as long as short
dYdX LIT-USDshort	0.0000%	1h	4.7391	−0.153%	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7467	+0.006%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7486	+0.046%	$204K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.214%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0048%	1h	4.7410	−0.114%	$57K	$73K	50x	as long as short
Extended LIT-USD	+0.0064%	1h	4.7434	−0.064%	$5.1M	$5.2M	25x	as long as short
KuCoin LITUSDTM	+0.0082%	4h	4.7427	−0.078%	$5.3M	$982K	30x	as long as short
Bybit LITUSDT	+0.0087%	4h	4.7450	−0.029%	$41.1M	$28.4M	75x	as long as short
Phemex LITUSDT	+0.0087%	4h	4.7410	−0.114%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7386	−0.164%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7502	+0.080%	$59.1M	$27.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7412	−0.109%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7458	−0.012%	$761K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7435	−0.061%	$75.9M	$76.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7436	−0.059%	$123K	$447K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7450	−0.029%	$2.7M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7436	−0.059%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7470	+0.013%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7436	−0.060%	$290K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7443	−0.044%	$445K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7664	+0.421%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7455	−0.019%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7445	−0.040%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7448	−0.034%	$198K	$317K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7420	−0.093%	$118K	$7K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7415	−0.103%	$148K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7462	−0.004%	$31K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7438	−0.055%	$794K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0212%	4h	4.7476	+0.025%	$12.7M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0215%	1h	4.7567	+0.216%	$9K	$209K	10x	as long as short
Hyperliquid LIT	+0.0303%	1h	4.7517	+0.112%	$214.1M	$39.8M	5x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7523	+0.124%	$3.7M	$13.2M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7420	−0.093%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0423% / S −0.0217%	1h	4.7462	−0.004%	$63K	—	50x	as long as short