Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.014%
Price spread now: Backpack against Paradex−0.177%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.177% cheaper against Paradex than usual: you would sell low and buy high, −$18 on $10k if it 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 | Paradex LIT-USD-PERP | 4.8353 | 0.0096 | pay 0.0096% / 8h | 7h 49m | $7K | $2K | 5x |
| Short | Backpack LIT_USDC_PERP | 4.8267 | 0.0100 | get 0.0013% / 1h | 49m 36s | $688K | $988K | 5x |
Paradex LIT-USD-PERP
Backpack LIT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Paradex. 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
- $0.81
- Price spread: −0.177% → 0.000%
- −$17.72
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$30.91
- Costs to cover
- 0.140%
- Break-even
- 273.7 days
Slippage unknown: Paradex: no order-book sample; Backpack: live order book, 14 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 14 min ago | 0.10 bp | 5.6 bp −$6 | 14.7 bp −$147 | doesn't fit | doesn't fit |
Paradex: 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 | −0.0616% | 1h | 4.8223 | −0.269% | $42K | $39K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0366% | 4h | 4.8218 | −0.279% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.8225 | −0.265% | $611K | $351K | 50x | as long as short |
| Bullet LIT-USD | −0.0300% | 1h | 4.8239 | −0.235% | $86K | $66K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0280% | 1h | 4.8335 | −0.037% | $32K | $3K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0160% | 4h | 4.8379 | +0.054% | $26.1M | $59.9M | 50x | as long as short |
| Bybit LITUSDT | −0.0104% | 4h | 4.8352 | −0.001% | $42.0M | $27.4M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0056% | 4h | 4.8090 | −0.543% | $896K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8372 | +0.039% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8353 | +0.001% | $36K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bybit LITUSDT
GRVT LIT_USDT_Perp
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0017% | 1h | 4.8132 | −0.456% | $207K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.647% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0092% | 1h | 4.8289 | −0.131% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8396 | +0.090% | $60.3M | $26.0M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.8416 | +0.131% | $3.7M | $12.2M | 5x | as long as short |
| Paradex LIT-USD-PERPlong | +0.0096% | 8h | 4.8353 | long leg | $7K | $2K | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.8412 | +0.123% | $218.7M | $38.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8352 | −0.001% | $688K | $1.9M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8332 | −0.042% | $77.6M | $73.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8376 | +0.048% | $128K | $443K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8183 | −0.351% | $120K | −$0 | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8360 | +0.015% | $2.8M | $4.0M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8321 | −0.066% | $6.3M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8371 | +0.038% | $5.5M | $927K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8370 | +0.036% | $6.9M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERPshort | +0.0100% | 1h | 4.8267 | −0.177% | $688K | $988K | 5x | |
| edgeX LITUSDC | +0.0100% | 4h | 4.8068 | −0.589% | $294K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8080 | −0.564% | $57K | $75K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8331 | −0.045% | $450K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8239 | −0.235% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8102 | −0.518% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8226 | −0.262% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8401 | +0.100% | $194K | $313K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8230 | −0.254% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8360 | +0.016% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8263 | −0.186% | $151K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8406 | +0.109% | $806K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0319% | 4h | 4.8381 | +0.059% | $12.9M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8357 | +0.008% | $32K | $640K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8326 | −0.055% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0427% / S −0.0217% | 1h | 4.8282 | −0.146% | $65K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0468% | 1h | 4.8180 | −0.358% | $10K | $202K | 10x | as long as short |
Phoenix LIT
Injective LIT/USDC PERP
Nado LIT-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD