LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0380%/8h= −41.6% APRnext payment −$1.90 per $10,000 · paid last 24h −0.076%

Price spread now: Phemex against SunX+0.117%7-day average −0.007% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$25 on $10k

Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.117%, 7d avg −0.007%

Together, before fees−0.552%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.125% dearer against SunX than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of −0.007%): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.245% in total) that is about 3.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.90 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	SunX LIT-USDT	4.7714	0.0100	pay 0.0050% / 4h	2h 29m	$4K	$1.1M	20x
Short	Phemex LITUSDT	4.7770	−0.0280	pay 0.0140% / 4h	2h 29m	$1.4M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 SunXbpFee PhemexbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$79.72
Price spread: +0.117% → −0.007%: $12.45
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$87.27
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 4 min ago; Phemex: live order book, 4 min ago. 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 SunX live order book, 4 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	3.17 bp	42.9 bp −$43	doesn't fit	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	4.7300	−0.867%	$612K	$347K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0361%	4h	4.7710	−0.008%	$33K	$1K	10x	as long as short
Phemex LITUSDTshort	−0.0280%	4h	4.7770	+0.117%	$1.4M	$2.8M	20x
Deribit LIT_USDC-PERPETUAL	−0.0277%	1h	4.7750	+0.075%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0248%	1h	4.7776	+0.130%	$31K	$4K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0176%	4h	4.7470	−0.511%	$888K	$1.9M	10x	as long as short
Bullet LIT-USD	−0.0161%	1h	4.7742	+0.059%	$85K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0134%	4h	4.7759	+0.094%	$25.7M	$61.2M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7563	−0.316%	$205K	$283K	5x	as long as short
Bybit LITUSDT	−0.0016%	4h	4.7758	+0.092%	$41.5M	$28.7M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7796	+0.171%	$824K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7712	−0.004%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7774	+0.125%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.7760	+0.096%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.683%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7665	−0.104%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7820	+0.222%	$59.6M	$27.9M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7728	+0.028%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7745	+0.065%	$577K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7746	+0.067%	$76.7M	$76.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7782	+0.143%	$118K	$462K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7462	−0.528%	$118K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7740	+0.054%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7740	+0.054%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7760	+0.096%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7766	+0.109%	$669K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7385	−0.690%	$290K	$305K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7420	−0.616%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7781	+0.140%	$449K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7773	+0.123%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7714	long leg	$4K	$1.1M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7760	+0.096%	$1K	$330K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7579	−0.283%	$201K	$337K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7746	+0.066%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7730	+0.034%	$149K	—	3x	as long as short
Hyperliquid LIT	+0.0115%	1h	4.7832	+0.247%	$214.2M	$40.7M	5x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7834	+0.251%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0224%	4h	4.7784	+0.147%	$12.8M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7743	+0.061%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0434%	1h	4.7587	−0.267%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0441% / S −0.0231%	1h	4.7763	+0.102%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7777	+0.132%	$32K	$679K	33x	as long as short