Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance+0.943%97s7-day average −10.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)−15.766%−$1,577 · spread now +0.943%, 7d avg −10.107%
=The price spread pays, funding is against you. Injective is 11.051% dearer against Binance than usual: you sell high and buy low (spread +0.943% now, against its 7-day average of −10.107%): +$1,105 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 months. At the pace of the last 7 days (−0.048% in total) that is about years. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LITUSDT | 4.7591 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $76.1M | $79.8M | 75x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 5m 45s | $422 | $178K | 5.5x |
Binance LITUSDT
Injective LIT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: +0.943% → −10.107%
- $1,105.08
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,081.06
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.
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 Binance live order book, 7 min ago | 0.10 bp | 10.4 bp −$10 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1009% | 1h | 4.7593 | +0.003% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0481% | 4h | 4.7550 | −0.086% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0440% | 1h | 4.7553 | −0.080% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0384% | 1h | 4.7588 | −0.006% | $85K | $72K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0198% | 4h | 4.7635 | +0.092% | $25.9M | $63.5M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0194% | 1h | 4.7680 | +0.187% | $57K | $77K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0140% | 4h | 4.7679 | +0.185% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0092% | 4h | 4.7680 | +0.187% | $906K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7783 | +0.403% | $676K | $392K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7775 | +0.387% | $208K | $361K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7674 | +0.174% | $32K | $849K | 33x | as long as short |
| dYdX LIT-USD | +0.0002% | 1h | 4.7671 | +0.168% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7660 | +0.144% | $477 | — | 150x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +0.943% | $422 | $178K | 5.5x | |
| Paradex LIT-USD-PERP | +0.0042% | 8h | 4.7593 | +0.003% | $7K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0067% | 1h | 4.7618 | +0.057% | $450K | $104K | 10x | as long as short |
| Nado LIT-PERP | +0.0088% | 1h | 4.7600 | +0.020% | $2.2M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7697 | +0.223% | $59.6M | $30.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7680 | +0.187% | $12.8M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7658 | +0.141% | $590K | $1.6M | 10x | as long as short |
| Binance LITUSDTlong | +0.0100% | 4h | 4.7591 | long leg | $76.1M | $79.8M | 75x | |
| Bybit LITUSDT | +0.0100% | 4h | 4.7610 | +0.040% | $42.9M | $29.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7635 | +0.092% | $118K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7660 | +0.146% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7630 | +0.082% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7579 | −0.025% | $5.6M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7640 | +0.103% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7653 | +0.130% | $690K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7696 | +0.221% | $290K | $308K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7644 | +0.112% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7640 | +0.103% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7615 | +0.050% | $1K | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7740 | +0.313% | $190K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7610 | +0.040% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7603 | +0.025% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7587 | −0.009% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7663 | +0.151% | $794K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7697 | +0.223% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0307% | 1h | 4.7714 | +0.258% | $214.2M | $43.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7767 | +0.370% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0351% | 1h | 4.7726 | +0.284% | $9K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0400% / S −0.0190% | 1h | 4.7644 | +0.111% | $64K | — | 50x | as long as short |
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
Nado LIT-PERP
Lighter LIT
Aster LITUSDT
Pacifica LIT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]