Funding you earn now, next payment 08:00 UTC−0.0429%/8h= −47.0% APRnext payment −$2.14 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against edgeX+0.564%51s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.535% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.781%−$78 · spread now +0.564%, 7d avg −0.021%
=Together, before fees−0.819%+ Points / potential airdropedgeX: Active · farm board−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.585% dearer against edgeX than usual: you sell high and buy low (spread +0.564% now, against its 7-day average of −0.021%): +$58 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.038% in total) that is about 4 months. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LITUSDC | 4.6995 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $287K | $304K | 10x |
| Short | Bybit LITUSDT | 4.7260 | −0.0329 | pay 0.0164% / 4h | 3h 54m | $41.4M | $28.9M | 75x |
edgeX LITUSDC
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$90.05
- Price spread: +0.564% → −0.021%
- $58.47
- Slippage, 4 orders
- −$33.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$85.08
- Costs to cover
- 0.535%
- Break-even
- from the start
Slippage from edgeX: live order book, 63 min ago; Bybit: live order book, 4 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 edgeX live order book, 63 min ago | 5.68 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.06 bp | 13.6 bp −$14 | 54.2 bp −$542 | 417.1 bp −$41.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LITUSDT | −0.0659% | 1h | 4.7030 | +0.075% | $56K | $76K | 50x | as long as short |
| Nado LIT-PERP | −0.0658% | 1h | 4.7004 | +0.018% | $2.2M | $1.7M | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0390% | 4h | 4.7017 | +0.047% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0368% | 1h | 4.6966 | −0.061% | $33K | $3K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0332% | 1h | 4.7136 | +0.300% | $662K | $1.4M | 5x | as long as short |
| Bybit LITUSDTshort | −0.0329% | 4h | 4.7260 | +0.564% | $41.4M | $28.9M | 75x | |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6904 | −0.194% | $613K | $352K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0262% | 1h | 4.7091 | +0.203% | $41K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0246% | 4h | 4.7080 | +0.181% | $1.4M | $2.8M | 20x | as long as short |
| Bullet LIT-USD | −0.0225% | 1h | 4.7047 | +0.110% | $84K | $68K | 20x | as long as short |
ApeX Omni LITUSDT
Nado LIT-PERP
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
Bullet LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0126% | 4h | 4.6975 | −0.042% | $904K | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7003 | +0.017% | $202K | $299K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0010% | 4h | 4.7260 | +0.564% | $25.4M | $61.6M | 50x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7247 | +0.537% | $807K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7291 | +0.631% | $34K | — | 5x | as long as short |
| KuCoin LITUSDTM | +0.0002% | 4h | 4.7199 | +0.434% | $5.3M | $1.0M | 30x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7090 | +0.202% | $11K | — | 150x | as long as short |
| Aftermath Perps LITUSD | +0.0032% | 1h | 4.7059 | +0.137% | $10K | $204K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.224% | $422 | $178K | 5.5x | as long as short |
| Extended LIT-USD | +0.0040% | 1h | 4.7242 | +0.525% | $5.2M | $5.0M | 25x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.7234 | +0.508% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7283 | +0.613% | $58.9M | $28.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7269 | +0.583% | $211.0M | $42.0M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7247 | +0.537% | $577K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7235 | +0.510% | $75.7M | $79.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7237 | +0.515% | $118K | $451K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7210 | +0.458% | $2.7M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7240 | +0.522% | $5.7M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7300 | +0.649% | $6.8M | $2.6M | 20x | as long as short |
| edgeX LITUSDClong | +0.0100% | 4h | 4.6995 | long leg | $287K | $304K | 10x | |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7042 | +0.100% | $440K | $109K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7111 | +0.247% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6991 | −0.008% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7100 | +0.224% | $1K | $385K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6909 | −0.183% | $198K | $360K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7192 | +0.419% | $118K | $8K | 10x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7052 | +0.122% | $147K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7038 | +0.092% | $31K | $760K | 33x | as long as short |
| Aster LITUSDT | +0.0232% | 4h | 4.7147 | +0.323% | $12.6M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7102 | +0.228% | $1.6M | $1.9M | 75x | as long as short |
| Lighter RH LIT | +0.0376% | 1h | 4.7301 | +0.651% | $3.8M | $13.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0435% / S −0.0231% | 1h | 4.7102 | +0.228% | $65K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Phoenix LIT
OKX LIT-USDT-SWAP
RISEx LIT/USDC
dYdX LIT-USD
KuCoin LITUSDTM
gTrade (Gains Network) LIT/USD
Aftermath Perps LITUSD
Injective LIT/USDC PERP
Extended LIT-USD
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Aevo LIT-PERP
Perpl LIT
Aster LITUSDT
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]