Funding you earn now, next payment 04:00 UTC−0.0270%/8h= −29.6% APRnext payment −$1.35 per $10,000 · paid last 24h +0.014%
Price spread now: Gate against Phemex+0.043%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.043%, 7d avg +0.070%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.028% cheaper against Phemex than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.35 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 | Phemex LITUSDT | 4.7010 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $1.4M | $2.7M | 20x |
| Short | Gate LIT_USDT | 4.7030 | −0.0170 | pay 0.0085% / 4h | 2h 47m | $2.8M | $4.2M | 50x |
Phemex LITUSDT
Gate LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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
- −$56.7
- Price spread: +0.043% → +0.070%
- −$2.78
- Slippage, 4 orders
- −$78.08
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$164.56
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Gate: live order book, 1 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 Phemex live order book, 2 min ago | 4.25 bp | 30.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.06 bp | 24.6 bp −$25 | 73.1 bp −$731 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0647% | 1h | 4.7015 | +0.010% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.6949 | −0.130% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0467% | 4h | 4.6953 | −0.121% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0392% | 1h | 4.7008 | −0.005% | $84K | $72K | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0214% | 1h | 4.7082 | +0.153% | $682K | $1.4M | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0173% | 4h | 4.7082 | +0.153% | $25.6M | $63.9M | 50x | as long as short |
| Gate LIT_USDTshort | −0.0170% | 4h | 4.7030 | +0.043% | $2.8M | $4.2M | 50x | |
| KuCoin LITUSDTM | −0.0136% | 4h | 4.7064 | +0.115% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0122% | 4h | 4.7120 | +0.234% | $895K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7162 | +0.323% | $203K | $352K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Backpack LIT_USDC_PERP
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7209 | +0.423% | $668K | $387K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7022 | +0.027% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7048 | +0.081% | $471 | — | 150x | as long as short |
| Bulk LIT-USD | +0.0028% | 1h | 4.6991 | −0.040% | $117K | $1K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.191% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0043% | 8h | 4.6967 | −0.090% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7035 | +0.052% | $784K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7096 | +0.183% | $59.0M | $29.2M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6975 | −0.074% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7159 | +0.317% | $211.3M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7055 | +0.096% | $12.6M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7024 | +0.030% | $583K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7047 | +0.079% | $75.1M | $80.4M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7050 | +0.085% | $42.3M | $29.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7004 | −0.013% | $116K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7003 | −0.015% | $5.4M | $4.0M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7070 | +0.128% | $6.7M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7154 | +0.306% | $287K | $306K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7150 | +0.298% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6997 | −0.028% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7041 | +0.065% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7031 | +0.045% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7025 | +0.032% | $1K | $457K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7032 | +0.047% | $188K | $354K | 30x | as long as short |
| Phemex LITUSDTlong | +0.0100% | 4h | 4.7010 | long leg | $1.4M | $2.7M | 20x | |
| Extended LIT-USD | +0.0104% | 1h | 4.7003 | −0.016% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6987 | −0.048% | $147K | — | 3x | as long as short |
| Lighter RH LIT | +0.0112% | 1h | 4.7113 | +0.219% | $3.7M | $13.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0339% | 1h | 4.7101 | +0.194% | $9K | $209K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7139 | +0.274% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0402% / S −0.0195% | 1h | 4.7045 | +0.074% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7034 | +0.052% | $31K | $861K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bulk LIT-USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
RISEx LIT/USDC
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
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
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT