Funding you earn now, next payment 21:20 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.034%
Price spread now: Binance against Perpl−0.102%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days+0.135%+$14 · spread now −0.102%, 7d avg −0.021%
=Together, before fees+0.177%+ Points / potential airdropPerpl: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.081% cheaper against Perpl than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.7604 | 0.0112 | pay 0.0010% / 43m | 9m 22s | $31K | $838K | 33x |
| Short | Binance LITUSDT | 4.7556 | 0.0038 | get 0.0019% / 4h | 2h 22m | $75.2M | $81.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Perpl. 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
- −$15.37
- Price spread: −0.102% → −0.021%
- −$8.09
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.25
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Binance: live order book, 5 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.21 bp | 12.4 bp −$12 | 35.4 bp −$354 | doesn't fit | doesn't fit |
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 | −0.1266% | 1h | 4.7473 | −0.276% | $42K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0676% | 4h | 4.7540 | −0.135% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0612% | 4h | 4.7504 | −0.211% | $33K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0571% | 4h | 4.7450 | −0.325% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.7487 | −0.247% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0355% | 1h | 4.7550 | −0.115% | $86K | $81K | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0348% | 1h | 4.7506 | −0.207% | $667K | $1.5M | 5x | as long as short |
| Bybit LITUSDT | −0.0328% | 4h | 4.7550 | −0.114% | $43.0M | $30.6M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0317% | 4h | 4.7555 | −0.104% | $25.0M | $61.9M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0306% | 4h | 4.7579 | −0.054% | $5.3M | $1.1M | 30x | 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 | −0.0298% | 4h | 4.7580 | −0.051% | $908K | $1.9M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.245% | $660K | $404K | 50x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7626 | +0.045% | $247K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0023% | 8h | 4.7444 | −0.338% | $6K | $2K | 5x | as long as short |
| SoDEX LIT-USD | −0.0005% | 1h | 4.7475 | −0.272% | $1K | $487K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7548 | −0.118% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | 0.0000% | 1h | 4.7508 | −0.203% | $2.1M | $1.7M | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7604 | −0.001% | $35K | — | 150x | as long as short |
| Extended LIT-USD | +0.0008% | 1h | 4.7525 | −0.168% | $5.3M | $5.1M | 25x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7571 | −0.071% | $818K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0030% | 1h | 4.7554 | −0.106% | $449K | $105K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.915% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0033% | 4h | 4.7572 | −0.069% | $289K | $310K | 10x | as long as short |
| Bulk LIT-USD | +0.0037% | 1h | 4.7479 | −0.263% | $119K | $6K | 10x | as long as short |
| MEXC LIT_USDT | +0.0038% | 4h | 4.7516 | −0.186% | $5.8M | $4.2M | 100x | as long as short |
| Binance LITUSDTshort | +0.0038% | 4h | 4.7556 | −0.102% | $75.2M | $81.3M | 75x | |
| Aftermath Perps LITUSD | +0.0043% | 1h | 4.7539 | −0.138% | $12K | $199K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7537 | −0.142% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7580 | −0.051% | $59.6M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7620 | +0.033% | $211.5M | $45.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7584 | −0.043% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7533 | −0.150% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7542 | −0.131% | $118K | $446K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7540 | −0.135% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7580 | −0.051% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7608 | +0.008% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7528 | −0.161% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7586 | −0.039% | $190K | $329K | 30x | as long as short |
| Perpl LITlong | +0.0112% | 43m | 4.7604 | long leg | $31K | $838K | 33x | |
| BloFin LIT-USDT | +0.0154% | 4h | 4.7446 | −0.333% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7609 | +0.009% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0400% | 1h | 4.7578 | −0.056% | $3.7M | $14.2M | 5x | as long as short |
Binance LITUSDT
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
Backpack LIT_USDC_PERP
Bybit LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Phoenix LIT
Paradex LIT-USD-PERP
SoDEX LIT-USD
gTrade (Gains Network) LIT/USD
Extended LIT-USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
edgeX LITUSDC
Bulk LIT-USD
MEXC LIT_USDT
Aftermath Perps LITUSD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT