Funding you earn now, next payment 00:00 UTC−0.0275%/8h= −30.1% APRpaid last 24h −0.063%
Price spread now: Bybit against Bulk+0.031%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now +0.031%, 7d avg −0.025%
=The price spread pays, funding is against you. Bybit is 0.056% dearer against Bulk than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.025%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.078% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.078% in total (about -8.5% 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 | Bulk LIT-USD | 4.7741 | 0.0100 | pay 0.0013% / 1h | 50m 15s | $119K | $6K | 10x |
| Short | Bybit LITUSDT | 4.7756 | −0.0175 | pay 0.0087% / 4h | 50m 15s | $43.1M | $30.0M | 75x |
Bulk LIT-USD
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bulk. 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
- −$57.73
- Price spread: +0.031% → −0.025%
- $5.63
- Slippage, 4 orders
- −$37.58
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$107.68
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 29 min ago; Bybit: live order book, 4 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 Bulk live order book, 29 min ago | 0.96 bp | 8.1 bp −$8 | 19.4 bp −$194 | 73.4 bp −$7,342 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.05 bp | 20.4 bp −$20 | 59.5 bp −$595 | 512.2 bp −$51.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0970% | 4h | 4.7780 | +0.081% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0733% | 1h | 4.7754 | +0.027% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0613% | 4h | 4.7723 | −0.038% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0496% | 1h | 4.7719 | −0.047% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0472% | 4h | 4.7760 | +0.039% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0443% | 4h | 4.7753 | +0.025% | $25.9M | $64.1M | 50x | as long as short |
| Bullet LIT-USD | −0.0276% | 1h | 4.7756 | +0.031% | $86K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0238% | 4h | 4.7804 | +0.131% | $5.3M | $1.1M | 30x | as long as short |
| Bybit LITUSDTshort | −0.0175% | 4h | 4.7756 | +0.031% | $43.1M | $30.0M | 75x | |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7920 | +0.374% | $678K | $405K | 50x | as long as short |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTXShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0118% | 4h | 4.7864 | +0.257% | $918K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7854 | +0.236% | $208K | $353K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7784 | +0.090% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7778 | +0.076% | $32K | $841K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7806 | +0.136% | $35K | — | 150x | as long as short |
| Aftermath Perps LITUSD | +0.0011% | 1h | 4.7816 | +0.157% | $13K | $204K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0011% | 8h | 4.7732 | −0.019% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7809 | +0.143% | $823K | $2.1M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.626% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0063% | 4h | 4.7869 | +0.267% | $291K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0066% | 4h | 4.7747 | +0.012% | $5.6M | $4.1M | 100x | as long as short |
| Binance LITUSDT | +0.0069% | 4h | 4.7749 | +0.017% | $76.0M | $81.2M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7770 | +0.060% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7840 | +0.207% | $60.2M | $29.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7745 | +0.008% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7829 | +0.183% | $12.8M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7796 | +0.115% | $619K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7777 | +0.075% | $121K | $453K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.7741 | long leg | $119K | $6K | 10x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7800 | +0.123% | $6.8M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7792 | +0.106% | $678K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7860 | +0.249% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7769 | +0.058% | $451K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7795 | +0.113% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7782 | +0.085% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7776 | +0.073% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7848 | +0.224% | $191K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7746 | +0.009% | $5.3M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0136% | 1h | 4.7820 | +0.165% | $3.7M | $13.8M | 5x | as long as short |
| Hyperliquid LIT | +0.0235% | 1h | 4.7851 | +0.229% | $214.5M | $44.7M | 5x | as long as short |
| BloFin LIT-USDT | +0.0266% | 4h | 4.7725 | −0.034% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0378% / S −0.0169% | 1h | 4.7805 | +0.133% | $63K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Aftermath Perps LITUSD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]