Funding you earn now, next payment 20:00 UTC−0.0294%/8hnext payment −$0.37 per $10,000 · paid last 24h +0.013%
Price spread now: SoDEX against Backpack−0.031%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 3 days (all we have)+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.031%, 7d avg −0.071%
=The price spread pays, funding is against you. SoDEX is 0.040% dearer against Backpack than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.071%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.006% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 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 | 4.7997 | 0.0100 | pay 0.0013% / 1h | 6m 43s | $671K | $1.5M | 5x |
| Short | SoDEX LIT-USD | 4.7982 | −0.0194 | pay 0.0024% / 1h | 6m 43s | $994 | $478K | 5x |
Backpack LIT_USDC_PERP
SoDEX LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$61.73
- Price spread: −0.031% → −0.071%
- $3.97
- Slippage, 4 orders
- −$38.97
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$114.74
- Costs to cover
- 0.570%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; SoDEX: live order book, 26 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, 2 min ago | 0.10 bp | 11.0 bp −$11 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 26 min ago | 0.10 bp | 19.8 bp −$20 | 49.6 bp −$496 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0648% | 1h | 4.7919 | −0.163% | $33K | $5K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0618% | 1h | 4.7980 | −0.035% | $33K | $22K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0485% | 4h | 4.7897 | −0.208% | $33K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0451% | 4h | 4.7930 | −0.140% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0448% | 1h | 4.7960 | −0.077% | $87K | $79K | 20x | as long as short |
| Bybit LITUSDT | −0.0335% | 4h | 4.8014 | +0.035% | $43.7M | $29.7M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0285% | 4h | 4.8007 | +0.021% | $25.6M | $60.5M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0244% | 4h | 4.7968 | −0.060% | $5.3M | $1.1M | 30x | as long as short |
| ApeX Omni LITUSDT | −0.0200% | 1h | 4.7920 | −0.160% | $59K | $79K | 50x | as long as short |
| SoDEX LIT-USDshort | −0.0194% | 1h | 4.7982 | −0.031% | $994 | $478K | 5x |
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Phemex LITUSDT
Bullet LIT-USD
Bybit LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
ApeX Omni LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0154% | 4h | 4.8000 | +0.006% | $2.8M | $4.7M | 50x | as long as short |
| Phoenix LIT | −0.0084% | 1h | 4.7963 | −0.071% | $247K | $280K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0048% | 1h | 4.8039 | +0.087% | $663K | $415K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0018% | 4h | 4.7899 | −0.203% | $898K | $1.9M | 10x | as long as short |
| Paradex LIT-USD-PERP | −0.0010% | 8h | 4.7927 | −0.145% | $5K | $1K | 5x | as long as short |
| dYdX LIT-USD | +0.0001% | 1h | 4.8010 | +0.026% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8006 | +0.018% | $36K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0038% | 1h | 4.7760 | −0.494% | $419 | $125K | 5.5x | as long as short |
| Bulk LIT-USD | +0.0046% | 1h | 4.7925 | −0.151% | $121K | $7K | 10x | as long as short |
| RISEx LIT/USDC | +0.0061% | 1h | 4.8025 | +0.058% | $834K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0092% | 1h | 4.7935 | −0.129% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8050 | +0.110% | $59.9M | $29.7M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0097% | 1h | 4.7973 | −0.051% | $11K | $199K | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8029 | +0.067% | $213.0M | $45.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8037 | +0.083% | $599K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7978 | −0.040% | $75.4M | $80.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7985 | −0.025% | $118K | $452K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7968 | −0.060% | $6.3M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8030 | +0.069% | $6.9M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERPlong | +0.0100% | 1h | 4.7997 | long leg | $671K | $1.5M | 5x | |
| edgeX LITUSDC | +0.0100% | 4h | 4.7913 | −0.175% | $292K | $313K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7992 | −0.010% | $453K | $106K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8018 | +0.045% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7883 | −0.238% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7924 | −0.152% | $190K | $328K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7996 | −0.002% | $5.4M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7866 | −0.272% | $150K | $44K | 3x | as long as short |
| Aster LITUSDT | +0.0160% | 4h | 4.8057 | +0.125% | $12.8M | $2.6M | 50x | as long as short |
| Lighter RH LIT | +0.0184% | 1h | 4.8065 | +0.142% | $3.8M | $13.9M | 5x | as long as short |
| Perpl LIT | +0.0223% | 43m | 4.7991 | −0.013% | $32K | $856K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7956 | −0.085% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0429% / S −0.0232% | 1h | 4.8005 | +0.017% | $60K | — | 50x | as long as short |
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Bulk LIT-USD
RISEx LIT/USDC
Nado LIT-PERP
Lighter LIT
Aftermath Perps LITUSD
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Lighter RH LIT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]