Funding you earn now, next payment 22:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.005%
Price spread now: Derive against Binance+0.285%46s7-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 +$2 a day on $10k at the current rate, and Derive is 0.285% dearer against Binance than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Binance LITUSDT | 4.7427 | 0.0044 | pay 0.0022% / 4h | 2h 12m | $75.1M | $81.5M | 75x |
| Short | Derive LIT-PERP | 4.7563 | 0.0100 | get 0.0013% / 1h | 12m 39s | $2K | $1K | 6.7x |
Binance LITUSDT
Derive LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Binance. 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
- $11.78
- Price spread: +0.285% → 0.000%
- $28.5
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $24.28
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 15 min ago; Derive: 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 Binance live order book, 15 min ago | 0.21 bp | 17.1 bp −$17 | 39.5 bp −$395 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | −0.1249% | 1h | 4.7509 | +0.173% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0613% | 4h | 4.7472 | +0.094% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0593% | 4h | 4.7500 | +0.153% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.7375 | −0.111% | $33K | $4K | 5x | as long as short |
| Gate LIT_USDT | −0.0566% | 4h | 4.7500 | +0.153% | $2.8M | $4.5M | 50x | as long as short |
| Bullet LIT-USD | −0.0351% | 1h | 4.7540 | +0.238% | $86K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0340% | 4h | 4.7431 | +0.008% | $25.1M | $62.2M | 50x | as long as short |
| Bybit LITUSDT | −0.0302% | 4h | 4.7467 | +0.083% | $42.9M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0288% | 4h | 4.7549 | +0.256% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0250% | 4h | 4.7582 | +0.326% | $901K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
Gate LIT_USDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0234% | 1h | 4.7532 | +0.221% | $668K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.619% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0092% | 1h | 4.7570 | +0.300% | $12K | $199K | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7633 | +0.433% | $247K | $321K | 5x | as long as short |
| SoDEX LIT-USD | −0.0041% | 1h | 4.7499 | +0.151% | $1K | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0021% | 8h | 4.7419 | −0.018% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7559 | +0.277% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7585 | +0.333% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7486 | +0.125% | $817K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0018% | 1h | 4.7459 | +0.068% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0019% | 1h | 4.7564 | +0.288% | $449K | $105K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.292% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0042% | 4h | 4.7435 | +0.016% | $5.8M | $4.2M | 100x | as long as short |
| Binance LITUSDTlong | +0.0044% | 4h | 4.7427 | long leg | $75.1M | $81.5M | 75x | |
| edgeX LITUSDC | +0.0046% | 4h | 4.7585 | +0.332% | $289K | $312K | 10x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7507 | +0.167% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7550 | +0.258% | $59.6M | $30.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7549 | +0.256% | $211.9M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7531 | +0.219% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7497 | +0.147% | $586K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7462 | +0.073% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7520 | +0.195% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7600 | +0.364% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7563 | +0.285% | $2K | $1K | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7577 | +0.315% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7637 | +0.442% | $191K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | +0.056% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7446 | +0.038% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7592 | +0.347% | $31K | $841K | 33x | as long as short |
| BloFin LIT-USDT | +0.0176% | 4h | 4.7518 | +0.191% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7573 | +0.307% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0424% | 1h | 4.7570 | +0.301% | $3.7M | $14.2M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Nado LIT-PERP
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT