LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0508%/8h= −55.6% APRnext payment −$0.63 per $10,000 · paid last 24h −0.056%

Price spread now: Phoenix against Aftermath Perps+0.012%7-day average +0.007% · 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−$88as in the Price arb table

costs, in and out, $10k−$890.887% of the position

Long on Aftermath Perps Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.302%−$30 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.012%, 7d avg +0.007%

Together, before fees−0.333%−$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LITUSD	4.7280	0.0491	pay 0.0061% / 1h	1m 06s	$9K	$204K	10x
Short	Phoenix LIT	4.7286	−0.0017	pay 0.0002% / 1h	1m 06s	$203K	$299K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 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 Aftermath PerpsbpFee PhoenixbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$106.6
Price spread: +0.012% → +0.007%: $0.54
Slippage, 4 orders: −$72.7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$194.76
Costs to cover: 0.887%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 53 min ago; Phoenix: live order book, 50 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, 53 min ago	4.02 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 50 min ago	1.90 bp	16.1 bp −$16	50.2 bp −$502	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
Deribit LIT_USDC-PERPETUAL	−0.0674%	1h	4.7276	−0.009%	$41K	$40K	10x	as long as short
Phemex LITUSDT	−0.0397%	4h	4.7260	−0.043%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0391%	4h	4.7212	−0.144%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0384%	1h	4.7226	−0.115%	$31K	$5K	5x	as long as short
Bullet LIT-USD	−0.0343%	1h	4.7274	−0.013%	$84K	$67K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.854%	$607K	$357K	50x	as long as short
Bybit LITUSDT	−0.0212%	4h	4.7331	+0.107%	$41.3M	$28.6M	75x	as long as short
ApeX Omni LITUSDT	−0.0143%	1h	4.7170	−0.233%	$56K	$74K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0106%	4h	4.7325	+0.095%	$25.5M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0026%	4h	4.7282	+0.004%	$5.3M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LITshort	−0.0017%	1h	4.7286	+0.012%	$203K	$299K	5x
RISEx LIT/USDC	−0.0008%	1h	4.7310	+0.063%	$792K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7341	+0.129%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7317	+0.078%	$31K	$704K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7324	+0.093%	$11K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0010%	4h	4.7206	−0.158%	$909K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.607%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7253	−0.058%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7352	+0.152%	$59.0M	$28.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7275	−0.011%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7395	+0.243%	$211.7M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7287	+0.014%	$576K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7308	+0.059%	$75.9M	$77.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7280	−0.001%	$115K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7207	−0.155%	$118K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7290	+0.021%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7284	+0.008%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7360	+0.169%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7333	+0.111%	$663K	$1.2M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7216	−0.135%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7293	+0.027%	$445K	$87K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7318	+0.079%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7260	−0.043%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7285	+0.010%	$1K	$349K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7254	−0.056%	$200K	$348K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7382	+0.215%	$3.8M	$13.2M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7266	−0.031%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7245	−0.075%	$148K	—	3x	as long as short
Aster LITUSDT	+0.0233%	4h	4.7403	+0.260%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7260	−0.043%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0438% / S −0.0231%	1h	4.7324	+0.092%	$65K	—	50x	as long as short
Aftermath Perps LITUSDlong	+0.0491%	1h	4.7280	long leg	$9K	$204K	10x