Funding you earn now, next payment 22:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h +0.044%
Price spread now: Injective against Bybit+1.907%7-day average −10.590% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−17.175%−$1,718 · spread now +1.907%, 7d avg −10.590%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 12.497% dearer against Bybit than usual: you sell high and buy low: +$1,250 more if the spread goes back to its 7-day average of −10.590%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.2% 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 | Bybit LITUSDT | 4.7141 | −0.0293 | get 0.0147% / 4h | 2h 06m | $42.6M | $30.7M | 75x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 6m 55s | $422 | $178K | 5.5x |
Bybit LITUSDT
Injective LIT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- $68.56
- Price spread: +1.907% → −10.590%
- $1,249.68
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,307.21
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 min ago; Injective: 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 Bybit live order book, 2 min ago | 1.06 bp | 20.1 bp −$20 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1246% | 1h | 4.7135 | −0.013% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0664% | 4h | 4.7160 | +0.040% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0620% | 4h | 4.7107 | −0.072% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0608% | 4h | 4.7130 | −0.023% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0592% | 1h | 4.7125 | −0.034% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0364% | 4h | 4.7127 | −0.030% | $25.0M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0358% | 1h | 4.7171 | +0.064% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0302% | 4h | 4.7189 | +0.102% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDTlong | −0.0293% | 4h | 4.7141 | long leg | $42.6M | $30.7M | 75x | |
| Backpack LIT_USDC_PERP | −0.0266% | 1h | 4.7182 | +0.087% | $663K | $1.5M | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0260% | 4h | 4.7220 | +0.168% | $896K | $1.9M | 10x | as long as short |
| Aftermath Perps LITUSD | −0.0152% | 1h | 4.7344 | +0.430% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.231% | $660K | $404K | 50x | as long as short |
| SoDEX LIT-USD | −0.0059% | 1h | 4.7155 | +0.030% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7251 | +0.233% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0024% | 8h | 4.7135 | −0.013% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7205 | +0.136% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7219 | +0.165% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7208 | +0.142% | $792K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0013% | 1h | 4.7179 | +0.081% | $2.1M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0023% | 1h | 4.7196 | +0.117% | $446K | $105K | 10x | as long as short |
| MEXC LIT_USDT | +0.0032% | 4h | 4.7114 | −0.057% | $5.8M | $4.2M | 100x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +1.907% | $422 | $178K | 5.5x | |
| Binance LITUSDT | +0.0034% | 4h | 4.7106 | −0.074% | $74.6M | $81.6M | 75x | as long as short |
| edgeX LITUSDC | +0.0037% | 4h | 4.7229 | +0.186% | $287K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7135 | −0.014% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7218 | +0.163% | $59.2M | $30.3M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7211 | +0.148% | $210.4M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7198 | +0.121% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7205 | +0.136% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7174 | +0.070% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | +0.494% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7170 | +0.062% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7230 | +0.189% | $55K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7203 | +0.131% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7192 | +0.108% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7220 | +0.168% | $189K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7121 | −0.043% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7185 | +0.093% | $31K | $843K | 33x | as long as short |
| BloFin LIT-USDT | +0.0137% | 4h | 4.7180 | +0.083% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7217 | +0.162% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7228 | +0.185% | $3.7M | $14.3M | 5x | as long as short |
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Nado LIT-PERP
Polymarket Perps LIT-USD
MEXC LIT_USDT
Binance LITUSDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT