Funding you earn now, next payment 22:03 UTC+0.0417%/8h= +45.6% APRpaid last 24h +0.053%
Price spread now: Perpl against RISEx−0.036%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.036%, 7d avg −0.010%
=Together, before fees−0.013%+ Points / potential airdropPerpl: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Perpl is 0.025% cheaper against RISEx than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of −0.010%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.023% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.023% in total (about 2.5% a year). A funding rate is set anew for every payment. 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 | RISEx LIT/USDC | 4.7141 | −0.0082 | get 0.0010% / 1h | 46m 44s | $785K | $2.1M | 5x |
| Short | Perpl LIT | 4.7125 | 0.0335 | get 0.0030% / 43m | 16m 44s | $32K | $838K | 33x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $87.48
- Price spread: −0.036% → −0.010%
- −$2.5
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $65.17
- Costs to cover
- 0.198%
- Break-even
- 1.8 days
Slippage unknown: RISEx: live order book, 2 min ago; Perpl: no order-book sample. Net counts fees only.
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, 2 min ago | 1.38 bp | 4.4 bp −$4 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1004% | 1h | 4.7055 | −0.183% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0902% | 4h | 4.7120 | −0.045% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0634% | 4h | 4.7009 | −0.281% | $32K | $2K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0604% | 1h | 4.7106 | −0.075% | $662K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0521% | 4h | 4.7040 | −0.215% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0504% | 1h | 4.7049 | −0.196% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0416% | 4h | 4.7074 | −0.143% | $25.2M | $62.1M | 50x | as long as short |
| Bullet LIT-USD | −0.0348% | 1h | 4.7056 | −0.181% | $84K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0290% | 4h | 4.7142 | +0.001% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0280% | 4h | 4.7113 | −0.060% | $42.6M | $30.6M | 75x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0198% | 4h | 4.7078 | −0.133% | $899K | $1.9M | 10x | as long as short |
| Aftermath Perps LITUSD | −0.0191% | 1h | 4.7135 | −0.014% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.230% | $660K | $388K | 50x | as long as short |
| Nado LIT-PERP | −0.0130% | 1h | 4.7109 | −0.069% | $2.1M | $1.7M | 10x | as long as short |
| RISEx LIT/USDClong | −0.0082% | 1h | 4.7141 | long leg | $785K | $2.1M | 5x | |
| SoDEX LIT-USD | −0.0036% | 1h | 4.7060 | −0.173% | $1K | $468K | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7152 | +0.023% | $245K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0003% | 8h | 4.7085 | −0.120% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7156 | +0.031% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7092 | −0.104% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.906% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0042% | 4h | 4.7093 | −0.102% | $286K | $311K | 10x | as long as short |
| MEXC LIT_USDT | +0.0046% | 4h | 4.7080 | −0.130% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0054% | 4h | 4.7058 | −0.177% | $74.6M | $81.4M | 75x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7064 | −0.165% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7132 | −0.020% | $59.2M | $29.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7140 | −0.003% | $210.1M | $44.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7134 | −0.016% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7137 | −0.009% | $580K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7122 | −0.041% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7055 | −0.183% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7120 | −0.045% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7060 | −0.173% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7113 | −0.060% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7103 | −0.080% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7142 | +0.001% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7095 | −0.098% | $188K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7092 | −0.104% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0204% | 4h | 4.7078 | −0.134% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LITshort | +0.0335% | 43m | 4.7125 | −0.036% | $32K | $838K | 33x | |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7105 | −0.078% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0448% | 1h | 4.7156 | +0.031% | $3.7M | $13.5M | 5x | as long as short |
RISEx LIT/USDC
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Backpack LIT_USDC_PERP
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Bybit LITUSDT
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT