Funding you earn now, next payment 05:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: gTrade (Gains Network) against Phoenix+0.412%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.412% dearer against Phoenix than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | Phoenix LIT | 4.7563 | −0.0017 | get 0.0002% / 1h | 27m 33s | $205K | $283K | 5x |
| Short | gTrade (Gains Network) LIT/USD | 4.7759 | L +0.0003% / S −0.0002% | get 0.0000% / 1h | 27m 33s | $11K | — | 150x |
Phoenix LIT
gTrade (Gains Network) LIT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phoenix. 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
- $4.06
- Price spread: +0.412% → 0.000%
- $41.23
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $28.28
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: live order book, 18 min ago; gTrade (Gains Network): no order-book sample. 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 Phoenix live order book, 18 min ago | 1.90 bp | 16.1 bp −$16 | 57.9 bp −$579 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.7300 | −0.553% | $612K | $347K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0359% | 4h | 4.7690 | +0.267% | $33K | $1K | 10x | as long as short |
| Phemex LITUSDT | −0.0305% | 4h | 4.7830 | +0.561% | $1.4M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0240% | 1h | 4.7812 | +0.524% | $31K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0165% | 1h | 4.7728 | +0.347% | $85K | $66K | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0152% | 4h | 4.7741 | +0.375% | $893K | $1.9M | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0135% | 4h | 4.7820 | +0.540% | $25.7M | $61.3M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0121% | 1h | 4.7748 | +0.390% | $42K | $40K | 10x | as long as short |
| Bybit LITUSDT | −0.0017% | 4h | 4.7821 | +0.542% | $41.6M | $28.7M | 75x | as long as short |
| Phoenix LITlong | −0.0017% | 1h | 4.7563 | long leg | $205K | $283K | 5x |
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
GRVT LIT_USDT_Perp
OKX LIT-USDT-SWAP
Deribit LIT_USDC-PERPETUAL
Bybit LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx LIT/USDC | −0.0012% | 1h | 4.7840 | +0.582% | $825K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7922 | +0.755% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USDshort | L +0.0003% / S −0.0002% | 1h | 4.7759 | +0.412% | $11K | — | 150x | |
| KuCoin LITUSDTM | +0.0022% | 4h | 4.7883 | +0.673% | $5.3M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.003% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7848 | +0.599% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7924 | +0.759% | $59.7M | $27.9M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7705 | +0.298% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7893 | +0.694% | $579K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7869 | +0.643% | $76.9M | $76.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7822 | +0.545% | $118K | $462K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7462 | −0.213% | $118K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7840 | +0.582% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7854 | +0.612% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7840 | +0.582% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7873 | +0.652% | $671K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7733 | +0.358% | $292K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7770 | +0.435% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7740 | +0.372% | $448K | $84K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7760 | +0.415% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7708 | +0.305% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7834 | +0.570% | $1K | $330K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7579 | +0.034% | $201K | $337K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7782 | +0.460% | $5.3M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7694 | +0.276% | $149K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0126% | 1h | 4.7922 | +0.755% | $214.6M | $40.7M | 5x | as long as short |
| Lighter RH LIT | +0.0224% | 1h | 4.7916 | +0.742% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0229% | 4h | 4.7881 | +0.669% | $12.8M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7743 | +0.378% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0428% | 1h | 4.7617 | +0.113% | $8K | $203K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0441% / S −0.0231% | 1h | 4.7758 | +0.410% | $66K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7777 | +0.449% | $32K | $679K | 33x | as long as short |
RISEx LIT/USDC
dYdX LIT-USD
KuCoin LITUSDTM
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT