Funding you earn now, next payment 00:00 UTC+0.0509%/8h= +55.7% APRnext payment +$2.55 per $10,000 · paid last 24h −0.034%
Price spread now: Phemex against Gate−0.084%49s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.084%, 7d avg −0.067%
=The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 per $10,000. 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 | Gate LIT_USDT | 4.7410 | −0.0852 | get 0.0426% / 4h | 25m 21s | $2.8M | $4.5M | 50x |
| Short | Phemex LITUSDT | 4.7370 | −0.0343 | pay 0.0171% / 4h | 25m 21s | $1.4M | $2.7M | 20x |
Gate LIT_USDT
Phemex LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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
- $106.9
- Price spread: −0.084% → −0.067%
- −$1.71
- Slippage, 4 orders
- −$68.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $9.43
- Costs to cover
- 0.958%
- Break-even
- 6.4 days
Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago | 2.11 bp | 20.1 bp −$20 | 51.7 bp −$517 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.16 bp | 29.7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDTlong | −0.0852% | 4h | 4.7410 | long leg | $2.8M | $4.5M | 50x | |
| Deribit LIT_USDC-PERPETUAL | −0.0777% | 1h | 4.7387 | −0.048% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0577% | 4h | 4.7311 | −0.209% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7287 | −0.259% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0400% | 4h | 4.7364 | −0.097% | $25.7M | $63.8M | 50x | as long as short |
| Phemex LITUSDTshort | −0.0343% | 4h | 4.7370 | −0.084% | $1.4M | $2.7M | 20x | |
| Bullet LIT-USD | −0.0330% | 1h | 4.7362 | −0.101% | $85K | $80K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0206% | 4h | 4.7428 | +0.038% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.418% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0094% | 4h | 4.7510 | +0.211% | $903K | $1.8M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0050% | 1h | 4.7369 | −0.086% | $206K | $353K | 5x | as long as short |
| Bybit LITUSDT | −0.0020% | 4h | 4.7361 | −0.103% | $42.7M | $30.0M | 75x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7373 | −0.078% | $31K | $840K | 33x | as long as short |
| dYdX LIT-USD | +0.0001% | 1h | 4.7372 | −0.079% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7412 | +0.004% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7379 | −0.065% | $816K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0024% | 8h | 4.7325 | −0.180% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.329% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0086% | 4h | 4.7392 | −0.038% | $288K | $312K | 10x | as long as short |
| MEXC LIT_USDT | +0.0094% | 4h | 4.7342 | −0.143% | $5.5M | $4.1M | 100x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7412 | +0.004% | $59.6M | $30.0M | 5x | as long as short |
| Binance LITUSDT | +0.0098% | 4h | 4.7330 | −0.168% | $75.4M | $81.6M | 75x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7345 | −0.137% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7421 | +0.023% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7381 | −0.061% | $590K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7366 | −0.093% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7353 | −0.120% | $118K | $4K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7370 | −0.084% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7421 | +0.023% | $673K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7460 | +0.105% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7375 | −0.074% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7420 | +0.020% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7443 | +0.070% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7405 | −0.011% | $984 | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7600 | +0.401% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7337 | −0.155% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7342 | −0.144% | $148K | $44K | 3x | as long as short |
| Lighter RH LIT | +0.0184% | 1h | 4.7434 | +0.051% | $3.7M | $13.9M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0189% | 1h | 4.7464 | +0.114% | $13K | $203K | 10x | as long as short |
| Hyperliquid LIT | +0.0204% | 1h | 4.7447 | +0.078% | $212.8M | $44.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0332% | 4h | 4.7457 | +0.099% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7387 | −0.047% | $62K | — | 50x | as long as short |
Phoenix LIT
Bybit LITUSDT
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Lighter LIT
Binance LITUSDT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk 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
Aevo LIT-PERP
Lighter RH LIT
Aftermath Perps LITUSD
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]