Funding you earn now, next payment 04:00 UTC+0.0407%/8h= +44.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.097%
Price spread now: Derive against Bullet+0.039%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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Derive is 0.039% dearer against Bullet than usual: you sell high and buy low: +$4 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 | Bullet LIT-USD | 4.6876 | −0.0307 | get 0.0038% / 1h | 52m 46s | $84K | $68K | 20x |
| Short | Derive LIT-PERP | 4.6894 | 0.0100 | get 0.0013% / 1h | 52m 46s | $2K | — | 6.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Bullet. 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
- $85.49
- Price spread: +0.039% → 0.000%
- $3.87
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $75.36
- Costs to cover
- 0.140%
- Break-even
- 0.8 days
Slippage unknown: Bullet: no order-book sample; 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Bullet and 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 | −0.0643% | 1h | 4.6861 | −0.031% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0432% | 1h | 4.6827 | −0.105% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0382% | 4h | 4.6835 | −0.087% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USDlong | −0.0307% | 1h | 4.6876 | long leg | $84K | $68K | 20x | |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | −0.061% | $612K | $404K | 50x | as long as short |
| Gate LIT_USDT | −0.0164% | 4h | 4.6880 | +0.009% | $2.7M | $4.2M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0152% | 1h | 4.6820 | −0.119% | $56K | $76K | 50x | as long as short |
| Phemex LITUSDT | −0.0109% | 4h | 4.6850 | −0.055% | $1.4M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0080% | 1h | 4.6893 | +0.036% | $664K | $1.4M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.6943 | +0.143% | $202K | $305K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0014% | 4h | 4.6761 | −0.245% | $41.4M | $28.5M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0004% | 4h | 4.6835 | −0.087% | $5.2M | $1.0M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0001% | 4h | 4.6770 | −0.226% | $25.2M | $61.4M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6862 | −0.030% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6908 | +0.068% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.483% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0058% | 8h | 4.6743 | −0.283% | $7K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0069% | 1h | 4.6910 | +0.073% | $438K | $109K | 10x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6912 | +0.077% | $782K | $2.1M | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0076% | 4h | 4.6832 | −0.094% | $915K | $1.8M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6819 | −0.122% | $58.3M | $28.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.6851 | −0.053% | $3.6M | $13.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6875 | −0.002% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6916 | +0.085% | $209.7M | $41.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6800 | −0.162% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6779 | −0.208% | $74.7M | $79.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6892 | +0.034% | $122K | $453K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6887 | +0.023% | $117K | $973 | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6800 | −0.162% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6870 | −0.013% | $6.8M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6847 | −0.061% | $285K | $303K | 10x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.6894 | +0.039% | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.6917 | +0.087% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6865 | −0.023% | $2K | $397K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6942 | +0.141% | $198K | $388K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6832 | −0.093% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6836 | −0.084% | $146K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0145% | 1h | 4.6889 | +0.029% | $8K | $206K | 10x | as long as short |
| Aster LITUSDT | +0.0201% | 4h | 4.6910 | +0.073% | $12.6M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6896 | +0.042% | $31K | $793K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6895 | +0.041% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0419% / S −0.0217% | 1h | 4.6900 | +0.050% | $63K | — | 50x | as long as short |
Bullet LIT-USD
Derive LIT-PERP
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
ApeX Omni LITUSDT
Phemex LITUSDT
Backpack LIT_USDC_PERP
Phoenix LIT
Bybit LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
RISEx LIT/USDC
GRVT LIT_USDT_Perp
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]