LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against Phemex+0.179%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$810.808% of the position

Long on Phemex Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.179%, 7d avg +0.028%

Together, before fees−0.192%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.150% dearer against Phemex than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of +0.028%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.056% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LITUSDT	4.7560	0.0100	pay 0.0050% / 4h	1h 06m	$1.4M	$2.7M	20x
Short	OKX LIT-USDT-SWAP	4.7645	−0.0064	pay 0.0032% / 4h	1h 06m	$26.0M	$54.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Phemex. 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 PhemexbpFee OKXbpOrdersPrice spread, now +0.179%Rate

Funding earned: −$34.54
Price spread: +0.179% → +0.028%: $15.04
Slippage, 4 orders: −$58.79
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$100.29
Costs to cover: 0.808%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; OKX: live order book, 5 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 Phemex live order book, 5 min ago	6.32 bp	29.9 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.10 bp	10.5 bp −$10	27.7 bp −$277	doesn't fit	doesn't fit

LIT on 42 exchanges

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	−0.0391%	1h	4.7584	+0.051%	$42K	$19K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0385%	4h	4.7532	−0.059%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0336%	1h	4.7578	+0.038%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0296%	1h	4.7668	+0.227%	$606K	$296K	50x	as long as short
Gate LIT_USDT	−0.0252%	4h	4.7660	+0.210%	$2.8M	$3.6M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0219%	1h	4.7606	+0.097%	$679K	$868K	5x	as long as short
Bullet LIT-USD	−0.0194%	1h	4.7590	+0.063%	$85K	$44K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0068%	4h	4.7560	+0.001%	$882K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAPshort	−0.0064%	4h	4.7645	+0.179%	$26.0M	$54.2M	50x
dYdX LIT-USD	0.0000%	1h	4.7658	+0.205%	$34K	—	5x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7670	+0.232%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.009%	$422	$178K	5.5x	as long as short
Extended LIT-USD	+0.0072%	1h	4.7595	+0.073%	$5.1M	$5.0M	25x	as long as short
ApeX Omni LITUSDT	+0.0072%	1h	4.7520	−0.084%	$57K	$78K	50x	as long as short
Paradex LIT-USD-PERP	+0.0081%	8h	4.7596	+0.075%	$7K	$1K	5x	as long as short
Phoenix LIT	+0.0083%	1h	4.7565	+0.011%	$204K	$268K	5x	as long as short
Bybit LITUSDT	+0.0083%	4h	4.7620	+0.126%	$41.3M	$25.1M	75x	as long as short
Pacifica LIT	+0.0092%	1h	4.7618	+0.123%	$630K	$1.5M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7680	+0.252%	$59.4M	$24.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7692	+0.278%	$3.6M	$12.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7600	+0.084%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7690	+0.274%	$215.0M	$34.9M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7606	+0.096%	$76.8M	$66.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7629	+0.145%	$134K	$361K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7547	−0.028%	$158K	$50K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7594	+0.071%	$6.3M	$3.6M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7640	+0.168%	$5.4M	$643K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7630	+0.147%	$6.8M	$2.1M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7479	−0.171%	$292K	$300K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7613	+0.111%	$456K	$125K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7664	+0.218%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7596	+0.076%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7603	+0.090%	$4K	$300K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7671	+0.233%	$191K	$256K	30x	as long as short
Phemex LITUSDTlong	+0.0100%	4h	4.7560	long leg	$1.4M	$2.7M	20x
Aevo LIT-PERP	+0.0104%	1h	4.7556	−0.008%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7636	+0.160%	$28K	$545K	33x	as long as short
RISEx LIT/USDC	+0.0176%	1h	4.7633	+0.155%	$801K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0201%	4h	4.7693	+0.281%	$12.8M	$1.7M	50x	as long as short
Aftermath Perps LITUSD	+0.0334%	1h	4.7589	+0.062%	$8K	$190K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7562	+0.004%	$1.6M	$2.4M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0422% / S −0.0217%	1h	4.7614	+0.113%	$64K	—	50x	as long as short