Funding you earn now, next payment 03:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Backpack against RISEx−0.189%7-day average +0.250% · 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−$67as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 4 days (all we have)−0.096%−$10 on $10k
+Price spread, last 7 days+0.712%+$71 · spread now −0.189%, 7d avg +0.250%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.438% cheaper against RISEx than usual: you would sell low and buy high, −$44 on $10k if it goes back to its 7-day average of +0.250%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx LIT/USDC | 4.7121 | 0.0099 | pay 0.0012% / 1h | 58m 42s | $796K | $2.0M | 5x |
| Short | Backpack LIT_USDC_PERP | 4.7032 | 0.0100 | get 0.0013% / 1h | 58m 42s | $682K | $1.3M | 5x |
RISEx LIT/USDC
Backpack LIT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against RISEx. 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
- $0.13
- Price spread: −0.189% → +0.250%
- −$43.85
- Slippage, 4 orders
- −$7.27
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$66.99
- Costs to cover
- 0.233%
- Break-even
- 3706.4 days
Slippage from RISEx: live order book, 5 min ago; Backpack: live order book, just now.
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 RISEx live order book, 5 min ago | 1.49 bp | 4.5 bp −$4 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Backpack live order book, just now | 1.38 bp | 7.4 bp −$7 | 18.0 bp −$180 | doesn't fit | doesn't fit |
LIT on 41 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 | −0.0462% | 1h | 4.7000 | −0.257% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0415% | 4h | 4.6967 | −0.327% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0378% | 1h | 4.6987 | −0.284% | $84K | $67K | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0102% | 4h | 4.6953 | −0.357% | $898K | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.6990 | −0.278% | $202K | $339K | 5x | as long as short |
| 01 Exchange LITUSD | −0.0088% | 1h | 4.7106 | −0.032% | $33K | $4K | 5x | as long as short |
| KuCoin LITUSDTM | −0.0060% | 4h | 4.7045 | −0.161% | $5.2M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0059% | 4h | 4.6898 | −0.473% | $25.4M | $61.4M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0050% | 1h | 4.7050 | −0.151% | $56K | $77K | 50x | as long as short |
| SoDEX LIT-USD | −0.0044% | 1h | 4.7015 | −0.225% | $1K | $415K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Bullet LIT-USD
GRVT LIT_USDT_Perp
Phoenix LIT
01 Exchange LITUSD
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
SoDEX LIT-USDShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITUSDT | −0.0040% | 4h | 4.7000 | −0.257% | $1.4M | $2.8M | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.7385 | +0.559% | $670K | $370K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6892 | −0.486% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7036 | −0.180% | $11K | — | 150x | as long as short |
| Gate LIT_USDT | +0.0006% | 4h | 4.7060 | −0.129% | $2.8M | $4.2M | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.950% | $422 | $178K | 5.5x | as long as short |
| Bulk LIT-USD | +0.0039% | 1h | 4.6872 | −0.528% | $117K | $1K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0053% | 8h | 4.7072 | −0.104% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6963 | −0.335% | $58.8M | $28.2M | 5x | as long as short |
| RISEx LIT/USDClong | +0.0099% | 1h | 4.7121 | long leg | $796K | $2.0M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7055 | −0.140% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7050 | −0.151% | $210.4M | $41.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7136 | +0.032% | $585K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6883 | −0.505% | $74.6M | $78.0M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6880 | −0.511% | $41.6M | $28.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7115 | −0.013% | $117K | $444K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6971 | −0.318% | $5.4M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7020 | −0.214% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERPshort | +0.0100% | 1h | 4.7032 | −0.189% | $682K | $1.3M | 5x | |
| edgeX LITUSDC | +0.0100% | 4h | 4.6995 | −0.267% | $286K | $306K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7078 | −0.091% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7028 | −0.198% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7049 | −0.153% | $4K | $1.1M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7140 | +0.040% | $190K | $352K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6984 | −0.291% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7033 | −0.186% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0150% | 4h | 4.7045 | −0.161% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0160% | 1h | 4.6989 | −0.280% | $3.7M | $13.0M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0299% | 1h | 4.7049 | −0.152% | $9K | $210K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0407% / S −0.0203% | 1h | 4.7024 | −0.206% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7038 | −0.177% | $31K | $832K | 33x | as long as short |
Phemex LITUSDT
Coinbase International LIT-PERP-INTX
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Gate LIT_USDT
Injective LIT/USDC PERP
Bulk LIT-USD
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT