Funding you earn now, next payment 00:55 UTC−0.0347%/8h= −37.9% APRpaid last 24h −0.039%
Price spread now: Binance against Perpl−0.317%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days+0.350%+$35 · spread now −0.317%, 7d avg −0.024%
=Together, before fees+0.371%+ Points / potential airdropPerpl: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Binance is 0.293% cheaper against Perpl than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% 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 | Perpl LIT | 4.7483 | 0.0447 | pay 0.0040% / 43m | 26m 54s | $31K | $856K | 33x |
| Short | Binance LITUSDT | 4.7332 | 0.0100 | get 0.0050% / 4h | 2h 21m | $75.5M | $80.4M | 75x |
Perpl LIT
Binance LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Perpl. 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
- −$72.77
- Price spread: −0.317% → −0.024%
- −$29.31
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$125.87
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Binance: live order book, 6 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 0.11 bp | 9.5 bp −$9 | 35.7 bp −$357 | doesn't fit | doesn't fit |
Perpl: 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 41 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 | −0.0703% | 1h | 4.7392 | −0.191% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0624% | 1h | 4.7411 | −0.151% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0458% | 4h | 4.7337 | −0.307% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0458% | 1h | 4.7388 | −0.199% | $85K | $73K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0197% | 1h | 4.7380 | −0.216% | $57K | $77K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0182% | 4h | 4.7350 | −0.279% | $900K | $1.8M | 10x | as long as short |
| Phemex LITUSDT | −0.0162% | 4h | 4.7350 | −0.279% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0138% | 4h | 4.7364 | −0.250% | $25.7M | $63.9M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0134% | 4h | 4.7408 | −0.157% | $5.3M | $1.1M | 30x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7396 | −0.183% | $205K | $352K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
ApeX Omni LITUSDT
GRVT LIT_USDT_Perp
Phemex LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Phoenix LITShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7477 | −0.012% | $672K | $374K | 50x | as long as short |
| Gate LIT_USDT | −0.0074% | 4h | 4.7370 | −0.237% | $2.8M | $4.3M | 50x | as long as short |
| Bulk LIT-USD | −0.0039% | 1h | 4.7299 | −0.387% | $118K | $1K | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7511 | +0.061% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7438 | −0.094% | $475 | — | 150x | as long as short |
| Bybit LITUSDT | +0.0012% | 4h | 4.7333 | −0.315% | $42.3M | $29.3M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0033% | 8h | 4.7443 | −0.083% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.174% | $422 | $178K | 5.5x | as long as short |
| SoDEX LIT-USD | +0.0076% | 1h | 4.7381 | −0.214% | $1K | $448K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7489 | +0.013% | $793K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7430 | −0.111% | $59.4M | $29.5M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7455 | −0.058% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7441 | −0.088% | $212.3M | $42.7M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7491 | +0.017% | $589K | $1.6M | 10x | as long as short |
| Binance LITUSDTshort | +0.0100% | 4h | 4.7332 | −0.317% | $75.5M | $80.4M | 75x | |
| Arcus LIT-USD | +0.0100% | 1h | 4.7464 | −0.039% | $117K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7328 | −0.326% | $5.5M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7420 | −0.132% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7409 | −0.155% | $687K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7361 | −0.257% | $288K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7458 | −0.052% | $449K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7422 | −0.129% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7410 | −0.153% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7440 | −0.090% | $190K | $352K | 30x | as long as short |
| Lighter RH LIT | +0.0104% | 1h | 4.7449 | −0.071% | $3.7M | $13.3M | 5x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7302 | −0.380% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7387 | −0.201% | $148K | — | 3x | as long as short |
| Aster LITUSDT | +0.0107% | 4h | 4.7437 | −0.096% | $12.7M | $2.1M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0244% | 1h | 4.7335 | −0.312% | $10K | $211K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0405% / S −0.0198% | 1h | 4.7420 | −0.132% | $63K | — | 50x | as long as short |
| Perpl LITlong | +0.0447% | 43m | 4.7483 | long leg | $31K | $856K | 33x |
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
Bulk LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bybit LITUSDT
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
SoDEX LIT-USD
RISEx LIT/USDC
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Lighter RH LIT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]