LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0150%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.017%

Price spread now: Phoenix against Pacifica+0.134%47s7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.514% of the position

Long on Pacifica Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.706%+$71 · spread now +0.134%, 7d avg +0.119%

Together, before fees+0.763%+ Points / potential airdropPacifica: Active · farm board+$76 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.119%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.7790	0.0100	pay 0.0013% / 1h	52m 17s	$619K	$1.6M	10x
Short	Phoenix LIT	4.7854	−0.0050	pay 0.0006% / 1h	52m 17s	$208K	$353K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee PhoenixbpOrdersPrice spread, now +0.134%Rate

Funding earned: −$31.58
Price spread: +0.134% → +0.119%: $1.47
Slippage, 4 orders: −$36.42
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$81.54
Costs to cover: 0.514%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Phoenix: live order book, 24 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 Pacifica live order book, 2 min ago	2.61 bp	11.5 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 24 min ago	1.91 bp	16.1 bp −$16	50.0 bp −$500	doesn't fit	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
Gate LIT_USDT	−0.0992%	4h	4.7790	0.000%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0688%	1h	4.7719	−0.148%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0618%	4h	4.7675	−0.241%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0484%	4h	4.7780	−0.021%	$1.4M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0480%	1h	4.7687	−0.216%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0449%	4h	4.7717	−0.153%	$25.9M	$64.1M	50x	as long as short
Bullet LIT-USD	−0.0304%	1h	4.7704	−0.179%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7784	−0.013%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0182%	4h	4.7720	−0.146%	$43.0M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7806	+0.033%	$676K	$404K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0118%	4h	4.7864	+0.155%	$918K	$1.8M	10x	as long as short
Phoenix LITshort	−0.0050%	1h	4.7854	+0.134%	$208K	$353K	5x
Aftermath Perps LITUSD	−0.0025%	1h	4.7809	+0.040%	$13K	$203K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7801	+0.024%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7758	−0.068%	$32K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7763	−0.056%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0009%	8h	4.7720	−0.146%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7790	0.000%	$822K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.523%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0063%	4h	4.7869	+0.165%	$291K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0066%	4h	4.7720	−0.146%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0067%	4h	4.7696	−0.197%	$75.9M	$81.2M	75x	as long as short
Polymarket Perps LIT-USD	+0.0069%	1h	4.7752	−0.080%	$451K	$105K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7710	−0.167%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7814	+0.050%	$60.2M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7765	−0.052%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7807	+0.036%	$12.8M	$2.4M	50x	as long as short
Pacifica LITlong	+0.0100%	1h	4.7790	long leg	$619K	$1.6M	10x
Arcus LIT-USD	+0.0100%	1h	4.7777	−0.027%	$121K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7566	−0.469%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7770	−0.042%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7839	+0.103%	$679K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7830	+0.084%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7751	−0.082%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7755	−0.073%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7725	−0.136%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7912	+0.255%	$192K	$329K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7833	+0.090%	$3.7M	$13.8M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7710	−0.167%	$5.3M	$5.1M	25x	as long as short
Hyperliquid LIT	+0.0215%	1h	4.7837	+0.098%	$214.4M	$44.7M	5x	as long as short
BloFin LIT-USDT	+0.0267%	4h	4.7819	+0.061%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7752	−0.079%	$63K	—	50x	as long as short