Funding you earn now, next payment 12:00 UTC+0.0493%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h +0.084%
Price spread now: Phemex against Orderly+0.088%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Phemex is 0.088% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_LIT_USDC | 4.7758 | −0.0393 | get 0.0196% / 4h | 3h 26m | $33K | $313 | 10x |
| Short | Phemex LITUSDT | 4.7800 | 0.0100 | get 0.0050% / 4h | 3h 26m | $1.4M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- $103.44
- Price spread: +0.088% → 0.000%
- $8.79
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $94.24
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 3.14 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0482% | 4h | 4.7728 | −0.063% | $881K | $2.0M | 10x | as long as short |
| 01 Exchange LITUSD | −0.0472% | 1h | 4.7892 | +0.281% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDClong | −0.0393% | 4h | 4.7758 | long leg | $33K | $313 | 10x | |
| Deribit LIT_USDC-PERPETUAL | −0.0321% | 1h | 4.7822 | +0.134% | $42K | $39K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7938 | +0.377% | $607K | $348K | 50x | as long as short |
| Gate LIT_USDT | −0.0258% | 4h | 4.7840 | +0.172% | $2.8M | $4.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0235% | 1h | 4.7825 | +0.140% | $86K | $66K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0170% | 1h | 4.7690 | −0.142% | $57K | $75K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0160% | 4h | 4.7852 | +0.197% | $25.9M | $58.8M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0089% | 1h | 4.7836 | +0.163% | $682K | $985K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0067% | 4h | 4.7843 | +0.178% | $41.6M | $27.1M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7812 | +0.113% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7766 | +0.016% | $35K | — | 150x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.7718 | −0.084% | $205K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.590% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0040% | 1h | 4.7800 | +0.088% | $2.1M | $1.6M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7843 | +0.178% | $59.6M | $26.1M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7873 | +0.241% | $3.7M | $12.2M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.7826 | +0.143% | $7K | $2K | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7863 | +0.220% | $216.0M | $38.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7842 | +0.177% | $650K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7806 | +0.101% | $76.8M | $73.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7853 | +0.199% | $125K | $419K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7831 | +0.153% | $6.2M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7828 | +0.147% | $5.4M | $867K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7830 | +0.151% | $6.8M | $2.4M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7711 | −0.098% | $292K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7840 | +0.172% | $446K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7720 | −0.080% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7802 | +0.092% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7830 | +0.151% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7866 | +0.226% | $192K | $305K | 30x | as long as short |
| Phemex LITUSDTshort | +0.0100% | 4h | 4.7800 | +0.088% | $1.4M | $2.7M | 20x | |
| Bulk LIT-USD | +0.0100% | 1h | 4.7738 | −0.042% | $121K | $2K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7806 | +0.101% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7804 | +0.097% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.7879 | +0.252% | $820K | $2.4M | 5x | as long as short |
| Aster LITUSDT | +0.0275% | 4h | 4.7867 | +0.229% | $12.8M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7824 | +0.139% | $32K | $627K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7792 | +0.071% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7843 | +0.178% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0460% | 1h | 4.7850 | +0.193% | $10K | $197K | 10x | as long as short |
Phemex LITUSDT
GRVT LIT_USDT_Perp
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
Bullet LIT-USD
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
Backpack LIT_USDC_PERP
Bybit LITUSDT
gTrade (Gains Network) LIT/USD
Phoenix LIT
Injective LIT/USDC PERP
Lighter LIT
Lighter RH LIT
Paradex LIT-USD-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
RISEx LIT/USDC
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD