LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0645%/8h= −70.6% APRnext payment −$3.23 per $10,000 · paid last 24h −0.132%

Price spread now: Phemex against BloFin−0.034%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$780.783% of the position

Long on BloFin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.464%−$46 on $10k

Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.034%, 7d avg +0.006%

Together, before fees−0.443%−$44 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Phemex is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LIT-USDT	4.7386	0.0340	pay 0.0170% / 4h	19m 02s	$1.6M	$2.1M	75x
Short	Phemex LITUSDT	4.7370	−0.0305	pay 0.0153% / 4h	19m 02s	$1.4M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against BloFin. 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 BloFinbpFee PhemexbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$135.48
Price spread: −0.034% → +0.006%: −$3.98
Slippage, 4 orders: −$54.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$217.78
Costs to cover: 0.783%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Phemex: live order book, 5 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 BloFin live order book, 4 min ago	0.11 bp	8.2 bp −$8	21.4 bp −$214	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	2.12 bp	27.1 bp −$27	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
Gate LIT_USDT	−0.0826%	4h	4.7390	+0.008%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0557%	4h	4.7336	−0.106%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0544%	1h	4.7341	−0.095%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0467%	1h	4.7400	+0.029%	$42K	$40K	10x	as long as short
OKX LIT-USDT-SWAP	−0.0370%	4h	4.7353	−0.070%	$25.7M	$63.8M	50x	as long as short
Bullet LIT-USD	−0.0324%	1h	4.7368	−0.038%	$85K	$80K	20x	as long as short
Phemex LITUSDTshort	−0.0305%	4h	4.7370	−0.034%	$1.4M	$2.7M	20x
KuCoin LITUSDTM	−0.0190%	4h	4.7351	−0.074%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.469%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0090%	4h	4.7310	−0.160%	$907K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7392	+0.013%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7374	−0.025%	$31K	$840K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7353	−0.070%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7428	+0.088%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7377	−0.019%	$819K	$2.1M	5x	as long as short
Bybit LITUSDT	+0.0015%	4h	4.7372	−0.030%	$42.6M	$30.1M	75x	as long as short
Paradex LIT-USD-PERP	+0.0028%	8h	4.7328	−0.122%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.380%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0095%	4h	4.7260	−0.266%	$288K	$310K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7427	+0.087%	$59.6M	$30.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7325	−0.129%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7402	+0.034%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7354	−0.067%	$589K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7339	−0.100%	$75.4M	$81.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7360	−0.055%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7316	−0.148%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7330	−0.118%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7380	−0.013%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7394	+0.017%	$682K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7320	−0.139%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7355	−0.065%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7419	+0.070%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7328	−0.122%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7395	+0.019%	$982	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7402	+0.034%	$189K	$343K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7336	−0.106%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7347	−0.083%	$148K	$44K	3x	as long as short
Hyperliquid LIT	+0.0199%	1h	4.7436	+0.105%	$212.7M	$44.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0227%	1h	4.7415	+0.061%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0240%	1h	4.7442	+0.118%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.7386	long leg	$1.6M	$2.1M	75x
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7415	+0.062%	$62K	—	50x	as long as short