Funding you earn now, next payment 00:00 UTC+0.0608%/8h= +66.6% APRnext payment +$3.04 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against Gate−0.120%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.120%, 7d avg −0.050%
=Funding pays, the price is against you. MEXC is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.050%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.014% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.04 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 | Gate LIT_USDT | 4.7470 | −0.0566 | get 0.0283% / 4h | 2h 12m | $2.8M | $4.5M | 50x |
| Short | MEXC LIT_USDT | 4.7413 | 0.0042 | get 0.0021% / 4h | 2h 12m | $5.8M | $4.2M | 100x |
Gate LIT_USDT
MEXC LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $127.68
- Price spread: −0.120% → −0.050%
- −$6.99
- Slippage, 4 orders
- −$21.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $80.21
- Costs to cover
- 0.405%
- Break-even
- 2.6 days
Slippage from Gate: live order book, 1 min ago; MEXC: 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 Gate live order book, 1 min ago | 2.11 bp | 19.9 bp −$20 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.10 bp | 2.4 bp −$2 | 42.1 bp −$421 | 269.0 bp −$26.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1228% | 1h | 4.7438 | −0.067% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0615% | 4h | 4.7384 | −0.181% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0603% | 4h | 4.7420 | −0.105% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.7375 | −0.200% | $33K | $4K | 5x | as long as short |
| Gate LIT_USDTlong | −0.0566% | 4h | 4.7470 | long leg | $2.8M | $4.5M | 50x | |
| Bullet LIT-USD | −0.0356% | 1h | 4.7441 | −0.061% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0345% | 4h | 4.7408 | −0.131% | $25.1M | $62.1M | 50x | as long as short |
| Bybit LITUSDT | −0.0302% | 4h | 4.7420 | −0.105% | $42.9M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0288% | 4h | 4.7525 | +0.116% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0250% | 4h | 4.7582 | +0.236% | $901K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0236% | 1h | 4.7471 | +0.002% | $667K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.529% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0096% | 1h | 4.7553 | +0.174% | $12K | $199K | 10x | as long as short |
| SoDEX LIT-USD | −0.0054% | 1h | 4.7445 | −0.053% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7633 | +0.343% | $247K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0021% | 8h | 4.7419 | −0.108% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7559 | +0.187% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7496 | +0.054% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7486 | +0.035% | $817K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0018% | 1h | 4.7456 | −0.029% | $448K | $105K | 10x | as long as short |
| Nado LIT-PERP | +0.0018% | 1h | 4.7459 | −0.022% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.201% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDTshort | +0.0042% | 4h | 4.7413 | −0.120% | $5.8M | $4.2M | 100x | |
| Binance LITUSDT | +0.0044% | 4h | 4.7372 | −0.206% | $75.0M | $81.5M | 75x | as long as short |
| edgeX LITUSDC | +0.0046% | 4h | 4.7585 | +0.242% | $289K | $312K | 10x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7416 | −0.114% | $148K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7521 | +0.107% | $59.6M | $30.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7501 | +0.065% | $211.7M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7498 | +0.059% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7497 | +0.057% | $586K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7462 | −0.017% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7480 | +0.021% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7600 | +0.274% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7491 | +0.044% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7467 | −0.006% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7572 | +0.215% | $190K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | −0.034% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7396 | −0.156% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7488 | +0.037% | $31K | $842K | 33x | as long as short |
| BloFin LIT-USDT | +0.0176% | 4h | 4.7518 | +0.101% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7492 | +0.047% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0424% | 1h | 4.7550 | +0.169% | $3.7M | $14.2M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Nado LIT-PERP
Injective LIT/USDC PERP
Binance LITUSDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT