Funding you earn now, next payment 04:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.091%
Price spread now: Backpack against 01 Exchange+0.163%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Backpack is 0.163% dearer against 01 Exchange than usual: you sell high and buy low: +$16 more if the spread 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 | 01 Exchange LITUSD | 4.6605 | −0.0520 | get 0.0065% / 1h | 48m 07s | $32K | $4K | 5x |
| Short | Backpack LIT_USDC_PERP | 4.6681 | −0.0252 | pay 0.0032% / 1h | 48m 07s | $661K | $1.4M | 5x |
01 Exchange LITUSD
Backpack LIT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against 01 Exchange. 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
- $56.22
- Price spread: +0.163% → 0.000%
- $16.31
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $55.53
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 1 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 1 min ago | 0.43 bp | 5.9 bp −$6 | 15.6 bp −$156 | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSDlong | −0.0520% | 1h | 4.6605 | long leg | $32K | $4K | 5x | |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.6616 | +0.024% | $32K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0358% | 1h | 4.6666 | +0.132% | $41K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0277% | 1h | 4.6671 | +0.141% | $84K | $68K | 20x | as long as short |
| Backpack LIT_USDC_PERPshort | −0.0252% | 1h | 4.6681 | +0.163% | $661K | $1.4M | 5x | |
| Gate LIT_USDT | −0.0216% | 4h | 4.6680 | +0.161% | $2.7M | $4.2M | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | +0.520% | $612K | $404K | 50x | as long as short |
| Phemex LITUSDT | −0.0132% | 4h | 4.6610 | +0.011% | $1.3M | $2.8M | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0038% | 1h | 4.6740 | +0.290% | $56K | $76K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.6719 | +0.245% | $201K | $305K | 5x | as long as short |
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Gate LIT_USDT
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
ApeX Omni LITUSDT
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0034% | 4h | 4.6660 | +0.118% | $41.2M | $28.6M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0030% | 4h | 4.6730 | +0.268% | $5.2M | $1.0M | 30x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6722 | +0.250% | $34K | — | 5x | as long as short |
| OKX LIT-USDT-SWAP | 0.0000% | 4h | 4.6666 | +0.131% | $25.1M | $61.2M | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6708 | +0.221% | $11K | — | 150x | as long as short |
| Extended LIT-USD | +0.0016% | 1h | 4.6655 | +0.107% | $5.1M | $5.0M | 25x | as long as short |
| Polymarket Perps LIT-USD | +0.0027% | 1h | 4.6677 | +0.154% | $436K | $109K | 10x | as long as short |
| Nado LIT-PERP | +0.0028% | 1h | 4.6653 | +0.104% | $2.1M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +3.079% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0061% | 8h | 4.6634 | +0.061% | $7K | $2K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0072% | 4h | 4.6863 | +0.554% | $908K | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6702 | +0.209% | $779K | $2.1M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6693 | +0.189% | $58.2M | $28.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.6708 | +0.221% | $3.6M | $13.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6727 | +0.262% | $208.9M | $41.9M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6678 | +0.157% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6642 | +0.079% | $74.5M | $79.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6705 | +0.215% | $121K | $454K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6887 | +0.605% | $117K | $973 | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6667 | +0.133% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6700 | +0.204% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6866 | +0.560% | $286K | $303K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6693 | +0.190% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6683 | +0.167% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6649 | +0.094% | $1K | $390K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6716 | +0.238% | $197K | $388K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6638 | +0.070% | $146K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0156% | 1h | 4.6797 | +0.412% | $8K | $206K | 10x | as long as short |
| Aster LITUSDT | +0.0182% | 4h | 4.6721 | +0.249% | $12.5M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6720 | +0.247% | $31K | $794K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6686 | +0.174% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0418% / S −0.0217% | 1h | 4.6701 | +0.206% | $62K | — | 50x | as long as short |
Bybit LITUSDT
KuCoin LITUSDTM
dYdX LIT-USD
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USD
Extended LIT-USD
Polymarket Perps LIT-USD
Nado LIT-PERP
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aevo LIT-PERP
Aftermath Perps LITUSD
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]