Funding you earn now, next payment 03:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.073%
Price spread now: Phemex against Pacifica+0.130%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$880.880% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.501%−$50 · spread now +0.130%, 7d avg −0.066%
=Together, before fees−0.667%+ Points / potential airdropPacifica: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.196% dearer against Pacifica than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of −0.066%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LIT | 4.6919 | 0.0100 | pay 0.0013% / 1h | 11m 09s | $580K | $1.6M | 10x |
| Short | Phemex LITUSDT | 4.6980 | −0.0010 | pay 0.0005% / 4h | 1h 11m | $1.4M | $2.8M | 20x |
Pacifica LIT
Phemex LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Pacifica. 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
- −$23.18
- Price spread: +0.130% → −0.066%
- $19.61
- Slippage, 4 orders
- −$67.95
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$91.53
- Costs to cover
- 0.880%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Phemex: live order book, 2 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 Pacifica live order book, 3 min ago | 3.62 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 6.38 bp | 36.4 bp −$36 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0382% | 4h | 4.6917 | −0.004% | $32K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0354% | 1h | 4.7003 | +0.180% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0304% | 1h | 4.6910 | −0.019% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0250% | 1h | 4.6961 | +0.090% | $84K | $68K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0119% | 1h | 4.6960 | +0.087% | $56K | $76K | 50x | as long as short |
| Gate LIT_USDT | −0.0094% | 4h | 4.7030 | +0.237% | $2.8M | $4.3M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.7086 | +0.356% | $203K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6800 | −0.254% | $611K | $411K | 50x | as long as short |
| Phemex LITUSDTshort | −0.0010% | 4h | 4.6980 | +0.130% | $1.4M | $2.8M | 20x | |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7002 | +0.177% | $11K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0005% | 1h | 4.6971 | +0.110% | $34K | — | 5x | as long as short |
| OKX LIT-USDT-SWAP | +0.0017% | 4h | 4.6985 | +0.141% | $25.3M | $61.9M | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.389% | $422 | $178K | 5.5x | as long as short |
| KuCoin LITUSDTM | +0.0044% | 4h | 4.6994 | +0.160% | $5.2M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0074% | 8h | 4.6890 | −0.061% | $7K | $2K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0082% | 4h | 4.7009 | +0.191% | $905K | $1.8M | 10x | as long as short |
| Bybit LITUSDT | +0.0084% | 4h | 4.6962 | +0.092% | $41.7M | $28.6M | 75x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7033 | +0.243% | $58.6M | $28.9M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7049 | +0.277% | $3.6M | $13.4M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6977 | +0.123% | $783K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6925 | +0.013% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7058 | +0.296% | $210.3M | $41.9M | 5x | as long as short |
| Pacifica LITlong | +0.0100% | 1h | 4.6919 | long leg | $580K | $1.6M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.6974 | +0.116% | $74.9M | $79.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6964 | +0.096% | $122K | $454K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6994 | +0.160% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7040 | +0.258% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7031 | +0.239% | $666K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7007 | +0.188% | $286K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6960 | +0.087% | $439K | $110K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7020 | +0.214% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6967 | +0.102% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7005 | +0.183% | $2K | $397K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7100 | +0.386% | $199K | $388K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7305 | +0.823% | $118K | $973 | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6983 | +0.136% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7000 | +0.172% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0194% | 1h | 4.7081 | +0.345% | $9K | $205K | 10x | as long as short |
| Aster LITUSDT | +0.0208% | 4h | 4.7047 | +0.272% | $12.6M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6970 | +0.109% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0415% / S −0.0213% | 1h | 4.7006 | +0.186% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6967 | +0.103% | $31K | $814K | 33x | as long as short |
dYdX LIT-USD
OKX LIT-USDT-SWAP
Injective LIT/USDC PERP
KuCoin LITUSDTM
Paradex LIT-USD-PERP
GRVT LIT_USDT_Perp
Bybit LITUSDT
Lighter LIT
Lighter RH LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT