LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.2% APRnext payment −$0.14 per $10,000 · paid last 24h +0.009%

Price spread now: RISEx against Backpack+0.118%7-day average −0.232% · 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+$8as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Backpack Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.095%+$9 on $10k

Price spread, last 7 days+0.852%+$85 · spread now +0.118%, 7d avg −0.232%

Together, before fees+0.947%+$95 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.350% dearer against Backpack than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of −0.232%): +$35 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 4 days funding on this pair paid +0.095%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LIT_USDC_PERP	4.7754	0.0100	pay 0.0013% / 1h	35m 01s	$669K	$1.1M	5x
Short	RISEx LIT/USDC	4.7810	−0.0012	pay 0.0001% / 1h	35m 01s	$825K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Backpack. 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 BackpackbpFee RISExbpOrdersPrice spread, now +0.118%Rate

Funding earned: −$23.46
Price spread: +0.118% → −0.232%: $34.97
Slippage, 4 orders: −$11.43
Fee Backpack: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$15.92
Costs to cover: 0.274%
Break-even: from the start

Slippage from Backpack: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago	0.10 bp	9.3 bp −$9	19.9 bp −$199	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	0.74 bp	3.9 bp −$4	27.3 bp −$273	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	−0.950%	$612K	$347K	50x	as long as short
Phemex LITUSDT	−0.0406%	4h	4.7700	−0.113%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0373%	4h	4.7741	−0.027%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7788	+0.071%	$31K	$4K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0212%	4h	4.7640	−0.238%	$888K	$1.9M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0183%	1h	4.7744	−0.022%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0157%	1h	4.7765	+0.023%	$86K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0142%	4h	4.7700	−0.113%	$25.7M	$61.1M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7579	−0.366%	$205K	$283K	5x	as long as short
RISEx LIT/USDCshort	−0.0012%	1h	4.7810	+0.118%	$825K	$2.2M	5x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0010%	4h	4.7723	−0.065%	$41.6M	$28.5M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7782	+0.059%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7799	+0.094%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0016%	4h	4.7759	+0.010%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.599%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7757	+0.006%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7793	+0.082%	$59.6M	$27.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7784	+0.064%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7820	+0.137%	$214.2M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7811	+0.119%	$578K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7720	−0.071%	$76.6M	$77.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7800	+0.096%	$118K	$462K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7750	−0.008%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7737	−0.036%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7770	+0.034%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERPlong	+0.0100%	1h	4.7754	long leg	$669K	$1.1M	5x
edgeX LITUSDC	+0.0100%	4h	4.7604	−0.315%	$291K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7660	−0.197%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7791	+0.077%	$449K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7771	+0.035%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7742	−0.025%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7745	−0.019%	$1K	$337K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7785	+0.065%	$202K	$345K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7306	−0.938%	$118K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7733	−0.044%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7749	−0.011%	$149K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7804	+0.105%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0219%	4h	4.7806	+0.109%	$12.8M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7821	+0.140%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0427%	1h	4.7554	−0.419%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0441% / S −0.0231%	1h	4.7794	+0.083%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7787	+0.068%	$32K	$688K	33x	as long as short