Funding you earn now, next payment 21:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.19 per $10,000 · paid last 24h +0.022%
Price spread now: Extended against Phoenix−0.190%108s7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.987%−$99 · spread now −0.190%, 7d avg −0.194%
=Together, before fees−0.950%+ Points / potential airdropExtended: Active · farm board−$95 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.194%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LIT | 4.7251 | −0.0050 | get 0.0006% / 1h | 7m 40s | $245K | $321K | 5x |
| Short | Extended LIT-USD | 4.7161 | 0.0104 | get 0.0013% / 1h | 7m 40s | $5.2M | $5.2M | 25x |
Phoenix LIT
Extended LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phoenix. 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
- $32.39
- Price spread: −0.190% → −0.194%
- $0.37
- Slippage, 4 orders
- −$28.82
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8.06
- Costs to cover
- 0.408%
- Break-even
- 8.7 days
Slippage from Phoenix: live order book, 13 min ago; Extended: 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 Phoenix live order book, 13 min ago | 2.10 bp | 16.1 bp −$16 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.11 bp | 4.4 bp −$4 | 25.9 bp −$259 | 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 | −0.1217% | 1h | 4.7163 | −0.186% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0664% | 4h | 4.7180 | −0.150% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0617% | 4h | 4.7114 | −0.290% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0603% | 4h | 4.7140 | −0.235% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7162 | −0.188% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0360% | 4h | 4.7168 | −0.176% | $25.0M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0354% | 1h | 4.7180 | −0.150% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0302% | 4h | 4.7203 | −0.102% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0293% | 4h | 4.7180 | −0.150% | $42.7M | $30.7M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0266% | 4h | 4.7310 | +0.125% | $898K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Bybit LITUSDT
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0256% | 1h | 4.7197 | −0.114% | $663K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.995% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0134% | 1h | 4.7393 | +0.300% | $10K | $202K | 10x | as long as short |
| SoDEX LIT-USD | −0.0061% | 1h | 4.7160 | −0.193% | $1K | $487K | 5x | as long as short |
| Phoenix LITlong | −0.0050% | 1h | 4.7251 | long leg | $245K | $321K | 5x | |
| Paradex LIT-USD-PERP | −0.0024% | 8h | 4.7135 | −0.245% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7205 | −0.097% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7225 | −0.055% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7208 | −0.091% | $792K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0016% | 1h | 4.7219 | −0.067% | $2.1M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0022% | 1h | 4.7230 | −0.044% | $446K | $105K | 10x | as long as short |
| MEXC LIT_USDT | +0.0032% | 4h | 4.7122 | −0.273% | $5.8M | $4.2M | 100x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.670% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0034% | 4h | 4.7132 | −0.252% | $74.7M | $81.6M | 75x | as long as short |
| edgeX LITUSDC | +0.0044% | 4h | 4.7395 | +0.306% | $288K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7149 | −0.217% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7228 | −0.049% | $59.2M | $30.3M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7226 | −0.053% | $210.4M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7195 | −0.119% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7205 | −0.097% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7174 | −0.163% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | +0.260% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7180 | −0.150% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7360 | +0.231% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7206 | −0.094% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7258 | +0.015% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7306 | +0.116% | $189K | $329K | 30x | as long as short |
| Extended LIT-USDshort | +0.0104% | 1h | 4.7161 | −0.190% | $5.2M | $5.2M | 25x | |
| Perpl LIT | +0.0112% | 43m | 4.7289 | +0.079% | $31K | $843K | 33x | as long as short |
| BloFin LIT-USDT | +0.0148% | 4h | 4.7183 | −0.144% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7209 | −0.089% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7259 | +0.017% | $3.7M | $14.3M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Nado LIT-PERP
Polymarket Perps LIT-USD
MEXC LIT_USDT
Injective LIT/USDC PERP
Binance LITUSDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT