Funding you earn now, next payment 03:00 UTC−0.0356%/8h= −39.0% APRnext payment −$0.44 per $10,000 · paid last 24h −0.089%
Price spread now: 01 Exchange against Backpack−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and 01 Exchange is 0.030% cheaper against Backpack than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LIT_USDC_PERP | 4.6920 | 0.0100 | pay 0.0013% / 1h | 33m 09s | $684K | $1.4M | 5x |
| Short | 01 Exchange LITUSD | 4.6906 | −0.0256 | pay 0.0032% / 1h | 33m 09s | $33K | $4K | 5x |
Backpack LIT_USDC_PERP
01 Exchange LITUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Backpack. 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
- −$74.76
- Price spread: −0.030% → 0.000%
- −$2.98
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$94.74
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 1 min ago; 01 Exchange: 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, 1 min ago | 0.96 bp | 6.7 bp −$7 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0387% | 4h | 4.6862 | −0.124% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0276% | 1h | 4.6905 | −0.032% | $84K | $68K | 20x | as long as short |
| 01 Exchange LITUSDshort | −0.0256% | 1h | 4.6906 | −0.030% | $33K | $4K | 5x | |
| Deribit LIT_USDC-PERPETUAL | −0.0163% | 1h | 4.6930 | +0.022% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0120% | 4h | 4.6930 | +0.021% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6961 | +0.087% | $202K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6781 | −0.296% | $611K | $422K | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6933 | +0.028% | $11K | — | 150x | as long as short |
| OKX LIT-USDT-SWAP | +0.0007% | 4h | 4.6910 | −0.021% | $25.3M | $61.6M | 50x | as long as short |
| Phemex LITUSDT | +0.0008% | 4h | 4.6910 | −0.021% | $1.4M | $2.8M | 20x | as long as short |
Orderly PERP_LIT_USDC
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAP
Phemex LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0009% | 1h | 4.6991 | +0.150% | $34K | — | 5x | as long as short |
| KuCoin LITUSDTM | +0.0010% | 4h | 4.6906 | −0.030% | $5.2M | $1.1M | 30x | as long as short |
| ApeX Omni LITUSDT | +0.0013% | 1h | 4.6930 | +0.021% | $56K | $76K | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.387% | $422 | $178K | 5.5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0040% | 4h | 4.6950 | +0.063% | $911K | $1.7M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.6861 | −0.125% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6985 | +0.139% | $58.6M | $28.7M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6937 | +0.036% | $782K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6867 | −0.114% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6966 | +0.098% | $209.8M | $41.0M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6922 | +0.004% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6913 | −0.015% | $74.6M | $78.6M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6919 | −0.002% | $41.5M | $28.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6908 | −0.026% | $117K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6831 | −0.190% | $117K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6915 | −0.011% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6920 | 0.000% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERPlong | +0.0100% | 1h | 4.6920 | long leg | $684K | $1.4M | 5x | |
| edgeX LITUSDC | +0.0100% | 4h | 4.6865 | −0.118% | $285K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6912 | −0.017% | $443K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6955 | +0.074% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6856 | −0.136% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6945 | +0.053% | $1K | $416K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7077 | +0.335% | $195K | $379K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6903 | −0.035% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6772 | −0.316% | $146K | — | 3x | as long as short |
| Lighter RH LIT | +0.0120% | 1h | 4.7004 | +0.179% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0197% | 4h | 4.7006 | +0.184% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0252% | 1h | 4.6870 | −0.107% | $9K | $207K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6912 | −0.017% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0411% / S −0.0208% | 1h | 4.6936 | +0.035% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6924 | +0.009% | $31K | $827K | 33x | as long as short |
dYdX LIT-USD
KuCoin LITUSDTM
ApeX Omni LITUSDT
Injective LIT/USDC PERP
GRVT LIT_USDT_Perp
Paradex LIT-USD-PERP
Lighter LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
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
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT