LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0501%/8h= +54.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.160%

Price spread now: Phoenix against Deribit+0.024%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$15 a day on $10k at the current rate, and Phoenix is 0.024% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7105	−0.0518	get 0.0065% / 1h	27m 00s	$41K	$40K	10x
Short	Phoenix LIT	4.7116	−0.0017	pay 0.0002% / 1h	27m 00s	$203K	$299K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Deribit. 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 DeribitbpFee PhoenixbpOrdersPrice spread, now +0.024%Rate

Funding earned: $105.2
Price spread: +0.024% → 0.000%: $2.38
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $93.58
Costs to cover: 0.140%
Break-even: 0.8 days

Slippage unknown: Deribit: no order-book sample; Phoenix: live order book, 24 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 24 min ago	1.90 bp	16.1 bp −$16	50.2 bp −$502	doesn't fit	doesn't fit

Deribit: 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-PERPETUALlong	−0.0518%	1h	4.7105	long leg	$41K	$40K	10x
Orderly PERP_LIT_USDC	−0.0377%	4h	4.7049	−0.118%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.426%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0273%	1h	4.7104	−0.002%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7098	−0.014%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0094%	4h	4.7080	−0.053%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0052%	4h	4.7100	−0.010%	$41.1M	$28.9M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0029%	4h	4.7087	−0.038%	$25.4M	$61.0M	50x	as long as short
ApeX Omni LITUSDT	−0.0022%	1h	4.7140	+0.075%	$56K	$76K	50x	as long as short
Phoenix LITshort	−0.0017%	1h	4.7116	+0.024%	$203K	$299K	5x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7152	+0.100%	$800K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7132	+0.057%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7162	+0.122%	$31K	$745K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7146	+0.088%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.7083	−0.046%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.985%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0046%	1h	4.7111	+0.012%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7175	+0.149%	$58.9M	$28.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0098%	8h	4.7085	−0.041%	$6K	$2K	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7176	+0.151%	$210.6M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7142	+0.079%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7082	−0.049%	$75.6M	$79.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7132	+0.058%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	−0.051%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7120	+0.032%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7092	−0.027%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7130	+0.053%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7127	+0.047%	$660K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7062	−0.092%	$288K	$303K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7070	−0.074%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7124	+0.041%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7132	+0.058%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7096	−0.019%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7115	+0.022%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7167	+0.132%	$199K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7081	−0.050%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7091	−0.030%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7188	+0.177%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0228%	1h	4.7125	+0.042%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0253%	4h	4.7178	+0.156%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7094	−0.023%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7144	+0.082%	$65K	—	50x	as long as short