Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.076%
Price spread now: Phemex against Bitget+0.041%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1111.110% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.041%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.126% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LITUSDT | 4.8330 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $6.9M | $2.4M | 20x |
| Short | Phemex LITUSDT | 4.8350 | 0.0100 | get 0.0050% / 4h | 3h 51m | $1.4M | $2.7M | 20x |
Bitget LITUSDT
Phemex LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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
- Price spread: +0.041% → −0.085%
- $12.6
- Slippage, 4 orders
- −$87.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$98.41
- Costs to cover
- 1.110%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 2.08 bp | 24.6 bp −$25 | 124.8 bp −$1,248 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 6.24 bp | 24.1 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0366% | 4h | 4.8291 | −0.081% | $33K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0364% | 1h | 4.8354 | +0.051% | $42K | $39K | 10x | as long as short |
| Bullet LIT-USD | −0.0322% | 1h | 4.8298 | −0.066% | $87K | $66K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7968 | −0.750% | $608K | $349K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0288% | 1h | 4.8233 | −0.201% | $31K | $3K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0158% | 4h | 4.8312 | −0.037% | $26.1M | $59.9M | 50x | as long as short |
| Bybit LITUSDT | −0.0148% | 4h | 4.8310 | −0.041% | $42.0M | $27.4M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0056% | 4h | 4.8090 | −0.497% | $896K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8140 | −0.392% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8353 | +0.048% | $36K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bybit LITUSDT
GRVT LIT_USDT_Perp
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0017% | 1h | 4.8132 | −0.410% | $207K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.600% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.8170 | −0.332% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8410 | +0.166% | $60.3M | $25.9M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.8315 | −0.031% | $2.1M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8416 | +0.178% | $218.8M | $38.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8207 | −0.255% | $715K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8319 | −0.023% | $77.6M | $73.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8241 | −0.184% | $127K | $443K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8183 | −0.304% | $120K | −$0 | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8360 | +0.062% | $2.8M | $4.0M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8304 | −0.054% | $6.3M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8365 | +0.072% | $5.5M | $928K | 30x | as long as short |
| Bitget LITUSDTlong | +0.0100% | 4h | 4.8330 | long leg | $6.9M | $2.4M | 20x | |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8372 | +0.087% | $690K | $988K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8068 | −0.543% | $294K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8080 | −0.517% | $57K | $75K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8344 | +0.029% | $450K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8239 | −0.189% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8102 | −0.472% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8355 | +0.052% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8401 | +0.147% | $194K | $313K | 30x | as long as short |
| Phemex LITUSDTshort | +0.0100% | 4h | 4.8350 | +0.041% | $1.4M | $2.7M | 20x | |
| Extended LIT-USD | +0.0104% | 1h | 4.8293 | −0.077% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8317 | −0.027% | $151K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8281 | −0.102% | $804K | $2.3M | 5x | as long as short |
| Lighter RH LIT | +0.0120% | 1h | 4.8442 | +0.232% | $3.7M | $12.2M | 5x | as long as short |
| Aster LITUSDT | +0.0316% | 4h | 4.8376 | +0.095% | $12.9M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8349 | +0.039% | $32K | $640K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8326 | −0.008% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0427% / S −0.0217% | 1h | 4.8345 | +0.030% | $65K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0471% | 1h | 4.8140 | −0.393% | $10K | $202K | 10x | as long as short |
Phoenix LIT
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD