Funding you earn now, next payment 00:00 UTC+0.0222%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h −0.062%
Price spread now: Backpack against Aftermath Perps+0.461%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 3 days (all we have)−0.311%−$31 on $10k
+Price spread, last 3 days (all we have)−1.357%−$136 · spread now +0.461%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Backpack is 0.545% dearer against Aftermath Perps than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 3 days funding on this pair cost −0.311%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps LITUSD | 4.7737 | −0.0122 | get 0.0015% / 1h | 55m 50s | $13K | $203K | 10x |
| Short | Backpack LIT_USDC_PERP | 4.7957 | 0.0100 | get 0.0013% / 1h | 55m 50s | $674K | $1.4M | 5x |
Aftermath Perps LITUSD
Backpack LIT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aftermath Perps. 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
- $46.72
- Price spread: +0.461% → −0.084%
- $54.51
- Slippage, 4 orders
- −$47.19
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $35.04
- Costs to cover
- 0.662%
- Break-even
- 1.8 days
Slippage from Aftermath Perps: live order book, 23 min ago; Backpack: live order book, 3 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 Aftermath Perps live order book, 23 min ago | 5.21 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 3 min ago | 0.10 bp | 5.3 bp −$5 | 14.3 bp −$143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1052% | 4h | 4.7920 | +0.383% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0707% | 1h | 4.7903 | +0.347% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0621% | 4h | 4.7855 | +0.247% | $33K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0478% | 4h | 4.7910 | +0.362% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0453% | 4h | 4.7894 | +0.329% | $26.0M | $64.3M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0416% | 1h | 4.7888 | +0.316% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0331% | 1h | 4.7913 | +0.368% | $86K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0238% | 4h | 4.7887 | +0.314% | $5.3M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0202% | 4h | 4.7900 | +0.342% | $43.2M | $30.1M | 75x | as long as short |
| Aftermath Perps LITUSDlong | −0.0122% | 1h | 4.7737 | long leg | $13K | $203K | 10x |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Phemex LITUSDT
OKX LIT-USDT-SWAP
01 Exchange LITUSD
Bullet LIT-USD
KuCoin LITUSDTM
Bybit LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0120% | 4h | 4.7610 | −0.266% | $907K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7929 | +0.403% | $678K | $405K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7829 | +0.193% | $208K | $353K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7913 | +0.368% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7923 | +0.390% | $32K | $840K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7952 | +0.450% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0006% | 8h | 4.7871 | +0.281% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7938 | +0.421% | $823K | $2.1M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.635% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0060% | 4h | 4.7892 | +0.325% | $5.7M | $4.1M | 100x | as long as short |
| edgeX LITUSDC | +0.0061% | 4h | 4.7594 | −0.300% | $290K | $309K | 10x | as long as short |
| Binance LITUSDT | +0.0063% | 4h | 4.7886 | +0.313% | $76.2M | $81.3M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7890 | +0.322% | $150K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7983 | +0.515% | $60.4M | $29.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7907 | +0.355% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7986 | +0.522% | $12.8M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7924 | +0.391% | $621K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7935 | +0.415% | $119K | $452K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7566 | −0.358% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7920 | +0.383% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERPshort | +0.0100% | 1h | 4.7957 | +0.461% | $674K | $1.4M | 5x | |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7730 | −0.015% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7936 | +0.417% | $453K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7950 | +0.446% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7919 | +0.381% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7920 | +0.383% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7814 | +0.161% | $191K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7881 | +0.302% | $5.3M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0112% | 1h | 4.7992 | +0.534% | $3.7M | $13.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0248% | 4h | 4.7802 | +0.136% | $1.6M | $2.1M | 75x | as long as short |
| Hyperliquid LIT | +0.0282% | 1h | 4.7991 | +0.532% | $215.1M | $44.8M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0379% / S −0.0169% | 1h | 4.7954 | +0.454% | $63K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
BloFin LIT-USDT
Hyperliquid LIT
GMX LIT/USD [ETH-USDC]