Funding you earn now, next payment 00:00 UTC−0.0882%/8h= −96.6% APRnext payment −$1.10 per $10,000 · paid last 24h −0.212%
Price spread now: Deribit against Bulk+0.067%7-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
The price spread pays, funding is against you. Deribit is 0.067% dearer against Bulk than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk LIT-USD | 4.7291 | 0.0100 | pay 0.0013% / 1h | 9m 21s | $118K | $2K | 10x |
| Short | Deribit LIT_USDC-PERPETUAL | 4.7322 | −0.0782 | pay 0.0098% / 1h | 9m 21s | $42K | $40K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bulk. 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
- −$185.28
- Price spread: +0.067% → 0.000%
- $6.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$192.59
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 4 min ago; Deribit: 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 Bulk live order book, 4 min ago | 1.70 bp | 7.3 bp −$7 | 17.3 bp −$173 | 68.1 bp −$6,808 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0818% | 4h | 4.7390 | +0.210% | $2.8M | $4.6M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUALshort | −0.0782% | 1h | 4.7322 | +0.067% | $42K | $40K | 10x | |
| 01 Exchange LITUSD | −0.0544% | 1h | 4.7227 | −0.135% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0541% | 4h | 4.7305 | +0.030% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0353% | 1h | 4.7342 | +0.108% | $85K | $78K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0341% | 4h | 4.7370 | +0.168% | $25.7M | $64.0M | 50x | as long as short |
| Phemex LITUSDT | −0.0304% | 4h | 4.7310 | +0.041% | $1.4M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0168% | 4h | 4.7343 | +0.110% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.671% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0070% | 4h | 4.7238 | −0.111% | $905K | $1.8M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0050% | 1h | 4.7375 | +0.178% | $205K | $353K | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7337 | +0.099% | $31K | $853K | 33x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7333 | +0.090% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7386 | +0.202% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7341 | +0.107% | $819K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0032% | 8h | 4.7279 | −0.024% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.584% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0047% | 4h | 4.7350 | +0.125% | $42.6M | $30.2M | 75x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7378 | +0.184% | $59.2M | $30.6M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7305 | +0.030% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7399 | +0.229% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7338 | +0.100% | $589K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7337 | +0.098% | $75.5M | $82.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7303 | +0.026% | $117K | $459K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.7291 | long leg | $118K | $2K | 10x | |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7305 | +0.030% | $5.7M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7370 | +0.168% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7359 | +0.144% | $682K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7244 | −0.098% | $287K | $309K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7240 | −0.107% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7334 | +0.091% | $447K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7395 | +0.219% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7297 | +0.013% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7335 | +0.093% | $994 | $471K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7390 | +0.210% | $189K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7296 | +0.011% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7347 | +0.119% | $148K | $44K | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0190% | 1h | 4.7325 | +0.071% | $13K | $203K | 10x | as long as short |
| Lighter RH LIT | +0.0192% | 1h | 4.7415 | +0.263% | $3.7M | $14.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0205% | 1h | 4.7407 | +0.246% | $212.6M | $45.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7232 | −0.124% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7381 | +0.191% | $62K | — | 50x | as long as short |
Bulk LIT-USD
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Phemex LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LIT
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
Bybit LITUSDT
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
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
Aftermath Perps LITUSD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]