Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.068%
Price spread now: OKX against Injective−0.489%98s7-day average +9.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+15.024%+$1,502 · spread now −0.489%, 7d avg +9.151%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 9.640% cheaper against Injective than usual: you would sell low and buy high (−$964 if the spread goes back to its 7-day average of +9.151%). Swap the legs. The two prices were read 98 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 -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment. 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 | Injective LIT/USDC PERP | 4.8040 | 0.0033 | pay 0.0004% / 1h | 19m 42s | $422 | $178K | 5.5x |
| Short | OKX LIT-USDT-SWAP | 4.7805 | −0.0163 | pay 0.0082% / 4h | 19m 42s | $25.7M | $59.3M | 50x |
Injective LIT/USDC PERP
OKX LIT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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
- −$41.25
- Price spread: −0.489% → +9.151%
- −$964
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,015.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; OKX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 0.63 bp | 10.8 bp −$11 | 29.3 bp −$293 | doesn't fit | doesn't fit |
Injective: 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 | −0.0382% | 4h | 4.7721 | −0.664% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7780 | −0.542% | $605K | $347K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0304% | 1h | 4.7803 | −0.493% | $31K | $3K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0269% | 1h | 4.7783 | −0.534% | $42K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0219% | 1h | 4.7766 | −0.570% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAPshort | −0.0163% | 4h | 4.7805 | −0.489% | $25.7M | $59.3M | 50x | |
| GRVT LIT_USDT_Perp | −0.0110% | 4h | 4.7613 | −0.888% | $882K | $2.0M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0055% | 1h | 4.7740 | −0.624% | $57K | $73K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7811 | −0.476% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7858 | −0.380% | $36K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | +0.0025% | 4h | 4.7800 | −0.500% | $41.4M | $28.1M | 75x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| Phoenix LIT | +0.0050% | 1h | 4.7725 | −0.656% | $205K | $293K | 5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7848 | −0.399% | $797K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0093% | 8h | 4.7770 | −0.563% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7835 | −0.427% | $59.6M | $26.8M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7745 | −0.614% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7830 | −0.438% | $818K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7771 | −0.560% | $76.6M | $74.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7839 | −0.418% | $126K | $446K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7830 | −0.437% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7773 | −0.556% | $5.9M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7809 | −0.481% | $5.4M | $943K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7850 | −0.396% | $6.8M | $2.5M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7830 | −0.437% | $682K | $1.0M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7708 | −0.691% | $292K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7776 | −0.550% | $445K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7710 | −0.688% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7712 | −0.683% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7795 | −0.510% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7771 | −0.560% | $192K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7790 | −0.520% | $1.4M | $2.7M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7777 | −0.547% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7802 | −0.495% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7777 | −0.548% | $149K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0223% | 1h | 4.7850 | −0.396% | $216.1M | $38.7M | 5x | as long as short |
| Aster LITUSDT | +0.0237% | 4h | 4.7845 | −0.406% | $12.8M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0240% | 1h | 4.7873 | −0.348% | $3.7M | $12.8M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0340% | 1h | 4.7772 | −0.559% | $9K | $204K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7695 | −0.718% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7833 | −0.430% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7786 | −0.528% | $32K | $649K | 33x | as long as short |
Bybit LITUSDT
Phoenix LIT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT