Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.076%
Price spread now: Phemex against Binance+0.065%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.065%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.083% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LITUSDT | 4.7729 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $76.6M | $77.9M | 75x |
| Short | Phemex LITUSDT | 4.7760 | 0.0097 | get 0.0049% / 4h | 1h 55m | $1.3M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.54
- Price spread: +0.065% → −0.018%
- $8.31
- Slippage, 4 orders
- −$73.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$87.93
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from Binance: live order book, 17 min ago; Phemex: live order book, 3 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 Binance live order book, 17 min ago | 0.41 bp | 15.4 bp −$15 | 35.6 bp −$356 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.12 bp | 39.5 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.8177 | +0.940% | $610K | $370K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0426% | 1h | 4.7761 | +0.067% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0378% | 4h | 4.7720 | −0.018% | $33K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0320% | 1h | 4.7762 | +0.070% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0226% | 1h | 4.7761 | +0.067% | $85K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0172% | 4h | 4.7752 | +0.049% | $25.6M | $62.3M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0060% | 4h | 4.8130 | +0.841% | $892K | $1.9M | 10x | as long as short |
| Polymarket Perps LIT-USD | −0.0020% | 1h | 4.7760 | +0.065% | $448K | $83K | 10x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.8232 | +1.054% | $207K | $266K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7901 | +0.361% | $34K | — | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7798 | +0.145% | $11K | — | 150x | as long as short |
| Backpack LIT_USDC_PERP | +0.0029% | 1h | 4.7761 | +0.067% | $673K | $1.1M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.652% | $422 | $178K | 5.5x | as long as short |
| KuCoin LITUSDTM | +0.0080% | 4h | 4.7799 | +0.147% | $5.4M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7860 | +0.275% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7802 | +0.153% | $59.5M | $27.2M | 5x | as long as short |
| Phemex LITUSDTshort | +0.0097% | 4h | 4.7760 | +0.065% | $1.3M | $2.8M | 20x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7779 | +0.106% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7883 | +0.323% | $614K | $1.7M | 10x | as long as short |
| Binance LITUSDTlong | +0.0100% | 4h | 4.7729 | long leg | $76.6M | $77.9M | 75x | |
| Bybit LITUSDT | +0.0100% | 4h | 4.7750 | +0.044% | $41.4M | $28.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7887 | +0.331% | $124K | $465K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7780 | +0.107% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7736 | +0.015% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7770 | +0.086% | $6.8M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8093 | +0.762% | $294K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8160 | +0.903% | $57K | $75K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7760 | +0.065% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7728 | −0.002% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7765 | +0.076% | $1K | $336K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7823 | +0.197% | $199K | $343K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8185 | +0.957% | $120K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7728 | −0.002% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7785 | +0.117% | $149K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7889 | +0.335% | $32K | $690K | 33x | as long as short |
| Lighter RH LIT | +0.0144% | 1h | 4.7833 | +0.218% | $3.6M | $13.1M | 5x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7867 | +0.291% | $798K | $2.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0179% | 1h | 4.8130 | +0.841% | $9K | $221K | 10x | as long as short |
| Hyperliquid LIT | +0.0225% | 1h | 4.7838 | +0.229% | $215.8M | $41.8M | 5x | as long as short |
| Aster LITUSDT | +0.0229% | 4h | 4.7821 | +0.193% | $12.8M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7905 | +0.369% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7787 | +0.122% | $64K | — | 50x | as long as short |
Binance LITUSDT
Phemex LITUSDT
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Phoenix LIT
gTrade (Gains Network) LIT/USD
Backpack LIT_USDC_PERP
Injective LIT/USDC PERP
KuCoin LITUSDTM
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Bybit LITUSDT
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Lighter RH LIT
RISEx LIT/USDC
Aftermath Perps LITUSD
Hyperliquid LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]