Funding you earn now, next payment 00:12 UTC+0.0227%/8h= +24.8% APRpaid last 24h +0.137%
Price spread now: Perpl against OKX+0.361%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 7 days−0.390%−$39 · spread now +0.361%, 7d avg +0.004%
=Together, before fees−0.244%+ Points / potential airdropPerpl: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Perpl is 0.357% dearer against OKX than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.004%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% 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 | OKX LIT-USDT-SWAP | 4.7665 | −0.0227 | get 0.0113% / 4h | 3h 34m | $25.9M | $64.4M | 50x |
| Short | Perpl LIT | 4.7837 | 0 | get 0.0000% / 43m | 13m 52s | $32K | $858K | 33x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against OKX. 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
- $47.63
- Price spread: +0.361% → +0.004%
- $35.7
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $59.52
- Costs to cover
- 0.238%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 4 min ago; Perpl: no order-book sample. 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 OKX live order book, 4 min ago | 0.42 bp | 12.0 bp −$12 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0899% | 1h | 4.7737 | +0.152% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0512% | 4h | 4.7703 | +0.080% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0416% | 1h | 4.7744 | +0.166% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0352% | 1h | 4.7767 | +0.214% | $85K | $75K | 20x | as long as short |
| OKX LIT-USDT-SWAPlong | −0.0227% | 4h | 4.7665 | long leg | $25.9M | $64.4M | 50x | |
| KuCoin LITUSDTM | −0.0132% | 4h | 4.7778 | +0.237% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7831 | +0.348% | $676K | $406K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7765 | +0.210% | $208K | $361K | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0032% | 1h | 4.7760 | +0.199% | $56K | $77K | 50x | as long as short |
| Phemex LITUSDT | −0.0030% | 4h | 4.7740 | +0.157% | $1.4M | $2.7M | 20x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LITshort | 0.0000% | 43m | 4.7837 | +0.361% | $32K | $858K | 33x | |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7816 | +0.317% | $35K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0005% | 1h | 4.7822 | +0.330% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | +0.0015% | 1h | 4.7780 | +0.241% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.787% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0043% | 8h | 4.7756 | +0.191% | $7K | $2K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0048% | 4h | 4.7763 | +0.206% | $918K | $1.8M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7794 | +0.271% | $59.8M | $29.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7791 | +0.264% | $12.8M | $2.3M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7819 | +0.323% | $594K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7633 | −0.067% | $76.0M | $81.2M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7679 | +0.029% | $42.9M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7815 | +0.315% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7740 | +0.157% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7730 | +0.136% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7665 | 0.000% | $5.7M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7740 | +0.157% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7751 | +0.180% | $688K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7664 | −0.002% | $290K | $308K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7794 | +0.271% | $452K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7787 | +0.256% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7735 | +0.147% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7745 | +0.168% | $1K | $462K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7841 | +0.369% | $191K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7655 | −0.020% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7752 | +0.183% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7827 | +0.340% | $801K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7833 | +0.352% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0270% | 1h | 4.7773 | +0.227% | $214.3M | $44.2M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7713 | +0.101% | $1.6M | $2.1M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0360% | 1h | 4.7713 | +0.100% | $10K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0396% / S −0.0183% | 1h | 4.7807 | +0.297% | $64K | — | 50x | as long as short |
OKX LIT-USDT-SWAP
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
Phoenix LIT
ApeX Omni LITUSDT
Phemex LITUSDT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
GRVT LIT_USDT_Perp
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]