LIT

Alert

Funding spread now, next payment 16:00 UTC−0.0394%/8h

next payment, per $10,000−$0.49paid, last 24h+0.009%paid, last 7 days+0.018%to open and close $10k−$48

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.49 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	Phoenix LIT	4.8539	0.0016	pay 0.0002% / 1h	29m 26s	$247K	$275K	5x
Short	Backpack LIT_USDC_PERP	4.8501	−0.0377	pay 0.0047% / 1h	29m 26s	$676K	$1.4M	5x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee BackpackbpOrdersRate

Funding earned: −$82.65
Slippage, 4 orders: −$30.7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$130.34
Break-even: never at this rate

Slippage from Phoenix: live order book, 13 min ago; Backpack: live order book, 1 min ago.

Price risk

price view

Price gap now: −0.078%
Avg gap 7d: −0.103%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Phoenix live order book, 13 min ago	2.03 bp	16.0 bp −$16	58.1 bp −$581	doesn't fit	doesn't fit
Sell Backpack live order book, 1 min ago	0.10 bp	9.4 bp −$9	18.7 bp −$187	doesn't fit	doesn't fit

LIT on 41 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.1036%	4h	$2.9M	$4.6M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0461%	4h	$33K	$13K	10x	as long as short
Backpack LIT_USDC_PERPshort	−0.0377%	1h	$676K	$1.4M	5x
Deribit LIT_USDC-PERPETUAL	−0.0339%	1h	$33K	$22K	10x	as long as short
OKX LIT-USDT-SWAP	−0.0312%	4h	$26.3M	$62.2M	50x	as long as short
Bullet LIT-USD	−0.0262%	1h	$86K	$78K	20x	as long as short
01 Exchange LITUSD	−0.0208%	1h	$34K	$5K	5x	as long as short
ApeX Omni LITUSDT	−0.0205%	1h	$33K	$64K	50x	as long as short
Bybit LITUSDT	−0.0137%	4h	$44.6M	$28.9M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	$649K	$412K	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0070%	4h	$5.3M	$1.2M	30x	as long as short
Phemex LITUSDT	−0.0069%	4h	$1.4M	$2.7M	20x	as long as short
dYdX LIT-USD	0.0000%	1h	$35K	—	5x	as long as short
Perpl LIT	0.0000%	43m	$32K	$867K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	$24K	—	150x	as long as short
Nado LIT-PERP	+0.0005%	1h	$2.0M	$1.6M	10x	as long as short
Phoenix LITlong	+0.0016%	1h	$247K	$275K	5x
Injective LIT/USDC PERP	+0.0033%	1h	$409	$427	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0059%	8h	$5K	$1K	5x	as long as short
RISEx LIT/USDC	+0.0091%	1h	$855K	$1.9M	5x	as long as short
Lighter LIT	+0.0096%	1h	$59.8M	$30.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	$216.9M	$46.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	$12.9M	$2.8M	50x	as long as short
Pacifica LIT	+0.0100%	1h	$601K	$2.0M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	$76.7M	$82.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	$114K	$469K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	$124K	$22K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	$7.1M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	$7.1M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	$295K	$314K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	$459K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	$2K	$484K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	$191K	$333K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	$5.4M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	$152K	$44K	3x	as long as short
Lighter RH LIT	+0.0168%	1h	$3.8M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0339%	1h	$12K	$201K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	$1.6M	$2.2M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0461% / S −0.0263%	1h	$65K	—	50x	as long as short