LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.005%

Price spread now: Backpack against dYdX+0.094%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Backpack is 0.094% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LIT-USD	4.6881	0.0010	pay 0.0001% / 1h	35m 21s	$34K	—	5x
Short	Backpack LIT_USDC_PERP	4.6925	0.0078	get 0.0010% / 1h	35m 21s	$685K	$1.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against dYdX. 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 dYdXbpFee BackpackbpOrdersPrice spread, now +0.094%Rate

Funding earned: $14.18
Price spread: +0.094% → 0.000%: $9.37
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $3.55
Costs to cover: 0.200%
Break-even: 5.2 days

Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 4 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Backpack live order book, 4 min ago	0.53 bp	6.2 bp −$6	17.6 bp −$176	doesn't fit	doesn't fit

dYdX: 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
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6870	−0.024%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0282%	1h	4.6919	+0.081%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.6877	−0.009%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0174%	1h	4.6932	+0.108%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6890	+0.019%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6850	−0.066%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	−0.034%	$658K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6941	+0.128%	$25.3M	$61.7M	50x	as long as short
ApeX Omni LITUSDT	+0.0002%	1h	4.6780	−0.216%	$56K	$76K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6942	+0.131%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	+0.0006%	4h	4.6857	−0.051%	$5.2M	$1.1M	30x	as long as short
dYdX LIT-USDlong	+0.0010%	1h	4.6881	long leg	$34K	—	5x
Phemex LITUSDT	+0.0019%	4h	4.6850	−0.066%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	+0.0026%	4h	4.6810	−0.152%	$908K	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.472%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0069%	8h	4.6845	−0.077%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERPshort	+0.0078%	1h	4.6925	+0.094%	$685K	$1.4M	5x
Lighter LIT	+0.0096%	1h	4.6898	+0.036%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6894	+0.029%	$782K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6885	+0.008%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6965	+0.179%	$209.8M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6857	−0.051%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6910	+0.062%	$74.6M	$78.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6940	+0.126%	$41.6M	$28.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6871	−0.022%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.107%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6879	−0.004%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6920	+0.083%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6771	−0.235%	$285K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6926	+0.096%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6963	+0.175%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6835	−0.098%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6875	−0.013%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6935	+0.115%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6842	−0.083%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6913	+0.068%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.6914	+0.070%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0188%	4h	4.6934	+0.113%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0246%	1h	4.6825	−0.120%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6801	−0.171%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0411% / S −0.0208%	1h	4.6947	+0.141%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6905	+0.051%	$31K	$827K	33x	as long as short