Funding you earn now, next payment 01:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h +0.002%
Price spread now: Phoenix against gTrade (Gains Network)+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. Phoenix is 0.157% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) LIT/USD | 4.6829 | L +0.0003% / S −0.0002% | pay 0.0000% / 1h | 55m 10s | $11K | — | 150x |
| Short | Phoenix LIT | 4.6902 | −0.0102 | pay 0.0013% / 1h | 55m 10s | $202K | $341K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against gTrade (Gains Network). 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
- −$22.08
- Price spread: +0.157% → 0.000%
- $15.67
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$23.4
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 6 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 6 min ago | 1.91 bp | 16.1 bp −$16 | 50.2 bp −$502 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 41 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 | −0.1086% | 1h | 4.6680 | −0.317% | $56K | $77K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0423% | 1h | 4.6780 | −0.104% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0411% | 4h | 4.6751 | −0.166% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0288% | 1h | 4.6783 | −0.097% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0248% | 1h | 4.6801 | −0.060% | $84K | $67K | 20x | as long as short |
| Phoenix LITshort | −0.0102% | 1h | 4.6902 | +0.157% | $202K | $341K | 5x | |
| GRVT LIT_USDT_Perp | −0.0076% | 4h | 4.6750 | −0.168% | $890K | $1.7M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0050% | 4h | 4.6817 | −0.025% | $5.2M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0046% | 4h | 4.6844 | +0.033% | $25.3M | $61.4M | 50x | as long as short |
| Phemex LITUSDT | −0.0037% | 4h | 4.6800 | −0.061% | $1.4M | $2.8M | 20x | as long as short |
Show all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6867 | +0.083% | $663K | $366K | 50x | as long as short |
| Gate LIT_USDT | −0.0014% | 4h | 4.6830 | +0.003% | $2.7M | $4.2M | 50x | as long as short |
| gTrade (Gains Network) LIT/USDlong | L +0.0003% / S −0.0002% | 1h | 4.6829 | long leg | $11K | — | 150x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.587% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0057% | 8h | 4.6795 | −0.072% | $7K | $2K | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0060% | 1h | 4.6886 | +0.123% | $680K | $1.3M | 5x | as long as short |
| dYdX LIT-USD | +0.0061% | 1h | 4.6872 | +0.093% | $34K | — | 5x | as long as short |
| Bulk LIT-USD | +0.0076% | 1h | 4.6847 | +0.039% | $117K | $1K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6885 | +0.120% | $58.6M | $28.4M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6834 | +0.012% | $781K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6805 | −0.051% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6866 | +0.080% | $209.6M | $41.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6862 | +0.071% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6811 | −0.038% | $74.5M | $78.2M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6803 | −0.055% | $41.5M | $28.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6797 | −0.067% | $117K | $447K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6804 | −0.053% | $5.4M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6850 | +0.046% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6739 | −0.191% | $285K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6810 | −0.040% | $442K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6804 | −0.052% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6792 | −0.078% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6805 | −0.050% | $1K | $417K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6959 | +0.278% | $191K | $359K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6771 | −0.122% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6794 | −0.075% | $146K | — | 3x | as long as short |
| Aster LITUSDT | +0.0147% | 4h | 4.6875 | +0.100% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.6888 | +0.127% | $3.7M | $13.0M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0290% | 1h | 4.6940 | +0.238% | $10K | $210K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0407% / S −0.0204% | 1h | 4.6813 | −0.032% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6836 | +0.016% | $31K | $833K | 33x | as long as short |
gTrade (Gains Network) LIT/USD
Phoenix LIT
ApeX Omni LITUSDT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Phemex LITUSDT
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Backpack LIT_USDC_PERP
Bulk LIT-USD
Lighter LIT
RISEx LIT/USDC
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]