Funding you earn now, next payment 23:00 UTC+0.0375%/8h= +41.0% APRnext payment +$0.47 per $10,000 · paid last 24h +0.009%
Price spread now: Pacifica against Backpack+0.019%7-day average −0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days+0.340%+$34 · spread now +0.019%, 7d avg −0.214%
=Together, before fees+0.261%+ Points / potential airdropPacifica: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Pacifica is 0.233% dearer against Backpack than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.214%. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 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 | Backpack LIT_USDC_PERP | 4.7132 | −0.0275 | get 0.0034% / 1h | 52m 41s | $662K | $1.5M | 5x |
| Short | Pacifica LIT | 4.7141 | 0.0100 | get 0.0013% / 1h | 52m 41s | $580K | $1.8M | 10x |
Backpack LIT_USDC_PERP
Pacifica LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Backpack. 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
- $78.67
- Price spread: +0.019% → −0.214%
- $23.26
- Slippage, 4 orders
- −$10.82
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $73.1
- Costs to cover
- 0.288%
- Break-even
- 0.5 days
Slippage from Backpack: live order book, 1 min ago; Pacifica: live order book, 1 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 Backpack live order book, 1 min ago | 0.74 bp | 6.0 bp −$6 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 3.29 bp | 8.2 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0938% | 1h | 4.7101 | −0.066% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0814% | 4h | 4.7150 | +0.038% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0633% | 4h | 4.7077 | −0.117% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0599% | 4h | 4.7080 | −0.110% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0405% | 4h | 4.7098 | −0.072% | $25.1M | $62.1M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0368% | 1h | 4.7111 | −0.045% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0342% | 1h | 4.7124 | −0.018% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0292% | 4h | 4.7149 | +0.036% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0281% | 4h | 4.7110 | −0.047% | $42.6M | $30.7M | 75x | as long as short |
| Backpack LIT_USDC_PERPlong | −0.0275% | 1h | 4.7132 | long leg | $662K | $1.5M | 5x |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0201% | 1h | 4.7271 | +0.295% | $10K | $202K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0196% | 4h | 4.7300 | +0.356% | $898K | $1.9M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.250% | $660K | $404K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7192 | +0.127% | $786K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0079% | 1h | 4.7135 | +0.007% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7306 | +0.369% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0015% | 8h | 4.7112 | −0.042% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7145 | +0.028% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7183 | +0.108% | $35K | — | 150x | as long as short |
| ApeX Omni LITUSDT | +0.0017% | 1h | 4.7290 | +0.335% | $55K | $78K | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.927% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0041% | 4h | 4.7297 | +0.350% | $288K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0042% | 4h | 4.7074 | −0.123% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0042% | 4h | 4.7093 | −0.083% | $74.7M | $81.6M | 75x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7099 | −0.069% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7190 | +0.123% | $59.3M | $29.3M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7184 | +0.110% | $210.3M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7158 | +0.055% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LITshort | +0.0100% | 1h | 4.7141 | +0.019% | $580K | $1.8M | 10x | |
| Arcus LIT-USD | +0.0100% | 1h | 4.7167 | +0.074% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7185 | +0.112% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7130 | −0.004% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7154 | +0.047% | $445K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7152 | +0.043% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7163 | +0.066% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7090 | −0.089% | $1K | $479K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7236 | +0.221% | $189K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7083 | −0.103% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0170% | 4h | 4.7065 | −0.142% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7190 | +0.124% | $31K | $838K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7175 | +0.092% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0488% | 1h | 4.7209 | +0.163% | $3.7M | $13.5M | 5x | as long as short |
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT