Funding you earn now, next payment 22:03 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.039%
Price spread now: Bulk against Perpl−0.307%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)+1.213%+$121 · spread now −0.307%, 7d avg −0.020%
=Together, before fees+1.078%+ Points / potential airdropPerpl: Active · farm board+$108 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bulk is 0.287% cheaper against Perpl than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.7093 | 0.0335 | pay 0.0030% / 43m | 39m 52s | $31K | $838K | 33x |
| Short | Bulk LIT-USD | 4.6948 | 0.0100 | get 0.0013% / 1h | 26m 52s | $118K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$49.33
- Price spread: −0.307% → −0.020%
- −$28.71
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$98.83
- Costs to cover
- 0.208%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Bulk: live order book, 57 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 Bulk live order book, 57 min ago | 0.74 bp | 8.4 bp −$8 | 18.1 bp −$181 | 57.0 bp −$5,705 | 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 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_USDT | −0.1194% | 4h | 4.7050 | −0.091% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0944% | 1h | 4.7028 | −0.138% | $41K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0800% | 1h | 4.7069 | −0.051% | $661K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0630% | 4h | 4.6982 | −0.235% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0576% | 1h | 4.7011 | −0.174% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0526% | 4h | 4.7060 | −0.070% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0449% | 4h | 4.7019 | −0.157% | $25.2M | $62.1M | 50x | as long as short |
| Bullet LIT-USD | −0.0331% | 1h | 4.7032 | −0.129% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0302% | 4h | 4.7030 | −0.134% | $42.5M | $30.1M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0288% | 4h | 4.7035 | −0.123% | $5.2M | $1.1M | 30x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0224% | 1h | 4.7074 | −0.040% | $10K | $201K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0180% | 4h | 4.7080 | −0.027% | $899K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7197 | +0.221% | $668K | $398K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7093 | 0.000% | $785K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0045% | 1h | 4.7034 | −0.126% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7121 | +0.060% | $244K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0002% | 8h | 4.7034 | −0.126% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7124 | +0.066% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7092 | −0.002% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.011% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0050% | 4h | 4.7008 | −0.180% | $5.5M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0051% | 4h | 4.7011 | −0.174% | $286K | $312K | 10x | as long as short |
| Binance LITUSDT | +0.0056% | 4h | 4.7009 | −0.178% | $74.6M | $80.9M | 75x | as long as short |
| SoDEX LIT-USD | +0.0068% | 1h | 4.7030 | −0.134% | $992 | $464K | 5x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7019 | −0.157% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7105 | +0.026% | $59.3M | $29.6M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7109 | +0.034% | $210.0M | $44.2M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7107 | +0.030% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7084 | −0.019% | $579K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7065 | −0.059% | $117K | $450K | 5x | as long as short |
| Bulk LIT-USDshort | +0.0100% | 1h | 4.6948 | −0.307% | $118K | $5K | 10x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7080 | −0.027% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7080 | −0.027% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7051 | −0.089% | $444K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7082 | −0.022% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7055 | −0.080% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7139 | +0.098% | $189K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6997 | −0.204% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0220% | 4h | 4.7012 | −0.172% | $1.5M | $2.0M | 75x | as long as short |
| Lighter RH LIT | +0.0264% | 1h | 4.7114 | +0.045% | $3.7M | $13.7M | 5x | as long as short |
| Perpl LITlong | +0.0335% | 43m | 4.7093 | long leg | $31K | $838K | 33x | |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7086 | −0.015% | $59K | — | 50x | as long as short |
Bulk LIT-USD
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
KuCoin LITUSDTM
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
SoDEX LIT-USD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]