LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.021%

Price spread now: SoDEX against Phoenix−0.722%70s7-day average −0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$720.716% of the position

Long on Phoenix Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.510%+$51 · spread now −0.722%, 7d avg −0.120%

Together, before fees+0.499%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.602% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.722% now, against its 7-day average of −0.120%). If the spread goes back, that is −$60 on $10k: about 17 days of funding at the current rate (+$4 a day). The two prices were read 70 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	4.7780	−0.0017	get 0.0002% / 1h	50m 07s	$205K	$283K	5x
Short	SoDEX LIT-USD	4.7435	0.0100	get 0.0013% / 1h	50m 07s	$1K	$349K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phoenix. 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 PhoenixbpFee SoDEXbpOrdersPrice spread, now −0.722%Rate

Funding earned: $24.54
Price spread: −0.722% → −0.120%: −$60.2
Slippage, 4 orders: −$56.59
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$107.25
Costs to cover: 0.716%
Break-even: 37.6 days

Slippage from Phoenix: live order book, 61 min ago; SoDEX: live order book, 63 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, 61 min ago	1.90 bp	16.1 bp −$16	58.0 bp −$580	doesn't fit	doesn't fit
Sell SoDEX live order book, 63 min ago	0.11 bp	19.7 bp −$20	52.0 bp −$520	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.6877	−1.891%	$607K	$354K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0407%	1h	4.7466	−0.657%	$42K	$40K	10x	as long as short
Phemex LITUSDT	−0.0398%	4h	4.7440	−0.712%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.7426	−0.741%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0352%	1h	4.7495	−0.596%	$31K	$5K	5x	as long as short
Bullet LIT-USD	−0.0186%	1h	4.7478	−0.632%	$85K	$67K	20x	as long as short
Bybit LITUSDT	−0.0167%	4h	4.7400	−0.795%	$41.3M	$28.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0130%	4h	4.7360	−0.879%	$25.5M	$60.6M	50x	as long as short
Phoenix LITlong	−0.0017%	1h	4.7780	long leg	$205K	$283K	5x
RISEx LIT/USDC	−0.0012%	1h	4.7546	−0.489%	$821K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0010%	4h	4.7489	−0.609%	$5.3M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7541	−0.499%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7527	−0.530%	$31K	$705K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7508	−0.569%	$11K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0024%	4h	4.7662	−0.246%	$915K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.544%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7486	−0.615%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7477	−0.634%	$59.2M	$27.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7540	−0.501%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7473	−0.643%	$212.1M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7557	−0.467%	$580K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7363	−0.873%	$76.0M	$77.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7542	−0.498%	$116K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7722	−0.121%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7480	−0.628%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7464	−0.661%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7440	−0.712%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7432	−0.728%	$664K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7544	−0.495%	$291K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7660	−0.251%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7530	−0.523%	$447K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7499	−0.589%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7547	−0.488%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7435	−0.722%	$1K	$349K	5x
HTX LIT-USDT	+0.0100%	4h	4.7737	−0.090%	$202K	$348K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7456	−0.679%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7494	−0.599%	$149K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7502	−0.582%	$3.7M	$12.9M	5x	as long as short
Aster LITUSDT	+0.0230%	4h	4.7476	−0.636%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7634	−0.306%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7497	−0.593%	$66K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0441%	1h	4.7509	−0.566%	$8K	$204K	10x	as long as short