LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0177%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h −0.081%

Price spread now: Phemex against edgeX−0.014%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$810.805% of the position

Long on edgeX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.014%, 7d avg −0.047%

Together, before fees−0.339%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.033% dearer against edgeX than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.047%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.126% in total) that is about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.6977	0.0100	pay 0.0050% / 4h	15m 27s	$287K	$306K	10x
Short	Phemex LITUSDT	4.6970	−0.0077	pay 0.0038% / 4h	15m 27s	$1.3M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against edgeX. 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 edgeXbpFee PhemexbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$37.11
Price spread: −0.014% → −0.047%: $3.28
Slippage, 4 orders: −$59.51
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$114.33
Costs to cover: 0.805%
Break-even: never at this rate

Slippage from edgeX: live order book, 43 min ago; Phemex: live order book, 3 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 edgeX live order book, 43 min ago	5.68 bp	11.2 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	6.38 bp	30.4 bp −$30	doesn't fit	doesn't fit	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
01 Exchange LITUSD	−0.0400%	1h	4.6930	−0.099%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.6938	−0.082%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0284%	1h	4.6975	−0.003%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6904	−0.155%	$613K	$388K	50x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6980	+0.007%	$2.7M	$4.3M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0120%	1h	4.7017	+0.086%	$41K	$40K	10x	as long as short
Bybit LITUSDT	−0.0080%	4h	4.6972	−0.010%	$41.2M	$28.8M	75x	as long as short
Phemex LITUSDTshort	−0.0077%	4h	4.6970	−0.014%	$1.3M	$2.8M	20x
Phoenix LIT	−0.0034%	1h	4.6998	+0.046%	$202K	$305K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7012	+0.074%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7003	+0.056%	$11K	—	150x	as long as short
Extended LIT-USD	+0.0016%	1h	4.6932	−0.094%	$5.1M	$5.0M	25x	as long as short
OKX LIT-USDT-SWAP	+0.0020%	4h	4.6994	+0.037%	$25.2M	$61.1M	50x	as long as short
KuCoin LITUSDTM	+0.0022%	4h	4.7003	+0.056%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.264%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0071%	1h	4.7010	+0.071%	$56K	$76K	50x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6979	+0.006%	$793K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0076%	8h	4.6915	−0.130%	$6K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0081%	1h	4.6961	−0.033%	$439K	$109K	10x	as long as short
Nado LIT-PERP	+0.0094%	1h	4.6945	−0.067%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6999	+0.048%	$58.6M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7053	+0.163%	$3.7M	$13.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7037	+0.129%	$210.2M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6968	−0.018%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6966	−0.023%	$75.2M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6974	−0.006%	$117K	$454K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6895	−0.174%	$117K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6947	−0.063%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6980	+0.007%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7027	+0.107%	$658K	$1.4M	5x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.6977	long leg	$287K	$306K	10x
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7008	+0.067%	$907K	$1.7M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7030	+0.114%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6995	+0.039%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7015	+0.082%	$1K	$385K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7051	+0.158%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6968	−0.017%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0236%	4h	4.7033	+0.120%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0246%	1h	4.6972	−0.010%	$10K	$204K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.7016	+0.084%	$31K	$761K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7010	+0.071%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.7001	+0.053%	$65K	—	50x	as long as short