LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.64 per $10,000 · paid last 24h −0.018%

Price spread now: OKX against Phemex+0.036%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$710.711% of the position

Long on Phemex Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.036%, 7d avg +0.028%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LITUSDT	4.6620	−0.0130	get 0.0065% / 4h	40m 15s	$1.3M	$2.8M	20x
Short	OKX LIT-USDT-SWAP	4.6637	−0.0003	pay 0.0002% / 4h	40m 15s	$25.1M	$61.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee OKXbpOrdersPrice spread, now +0.036%Rate

Funding earned: $26.71
Price spread: +0.036% → +0.028%: $0.87
Slippage, 4 orders: −$49.11
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$43.53
Costs to cover: 0.711%
Break-even: 18.4 days

Slippage from Phemex: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago	2.14 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.11 bp	9.1 bp −$9	26.8 bp −$268	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	−0.0669%	1h	4.6622	+0.005%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0520%	1h	4.6653	+0.071%	$32K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.6616	−0.009%	$32K	$1K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0264%	1h	4.6696	+0.163%	$659K	$1.4M	5x	as long as short
Bullet LIT-USD	−0.0262%	1h	4.6703	+0.178%	$83K	$68K	20x	as long as short
Gate LIT_USDT	−0.0236%	4h	4.6700	+0.172%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.488%	$612K	$404K	50x	as long as short
Phemex LITUSDTlong	−0.0130%	4h	4.6620	long leg	$1.3M	$2.8M	20x
Extended LIT-USD	−0.0072%	1h	4.6627	+0.016%	$5.1M	$5.0M	25x	as long as short
Nado LIT-PERP	−0.0045%	1h	4.6695	+0.161%	$2.1M	$1.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.6711	+0.195%	$201K	$305K	5x	as long as short
Bybit LITUSDT	−0.0033%	4h	4.6650	+0.064%	$41.1M	$28.7M	75x	as long as short
KuCoin LITUSDTM	−0.0018%	4h	4.6684	+0.137%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAPshort	−0.0003%	4h	4.6637	+0.036%	$25.1M	$61.2M	50x
dYdX LIT-USD	0.0000%	1h	4.6781	+0.346%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6737	+0.252%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0026%	1h	4.6660	+0.086%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+3.046%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0065%	8h	4.6706	+0.186%	$6K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0070%	1h	4.6704	+0.180%	$436K	$109K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.6672	+0.111%	$904K	$1.8M	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6734	+0.243%	$779K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6680	+0.129%	$58.1M	$28.6M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6686	+0.142%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6761	+0.302%	$209.1M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6739	+0.255%	$583K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6694	+0.158%	$74.6M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6766	+0.313%	$121K	$450K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6683	+0.135%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6640	+0.043%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6641	+0.046%	$285K	$304K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6646	+0.056%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6722	+0.219%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6639	+0.041%	$1K	$390K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6660	+0.086%	$197K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6625	+0.011%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6656	+0.078%	$146K	—	3x	as long as short
Aster LITUSDT	+0.0181%	4h	4.6790	+0.366%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0234%	1h	4.6734	+0.244%	$8K	$206K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6740	+0.258%	$31K	$791K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6649	+0.062%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6738	+0.252%	$62K	—	50x	as long as short