Funding you earn now, next payment 23:00 UTC+0.1147%/8h= +125.6% APRnext payment +$1.43 per $10,000 · paid last 24h +0.199%
Price spread now: Bulk against Deribit−0.201%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bulk is 0.201% cheaper against Deribit than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 14 hours of funding at the current rate (+$34 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7280 | −0.1047 | get 0.0131% / 1h | 54m 32s | $41K | $40K | 10x |
| Short | Bulk LIT-USD | 4.7185 | 0.0100 | get 0.0013% / 1h | 54m 32s | $118K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Deribit. 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
- $240.84
- Price spread: −0.201% → 0.000%
- −$20.07
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $206.77
- Costs to cover
- 0.140%
- Break-even
- 1.0 days
Slippage unknown: Deribit: no order-book sample; Bulk: live order book, 29 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 29 min ago | 0.74 bp | 8.4 bp −$8 | 18.1 bp −$181 | 57.0 bp −$5,705 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUALlong | −0.1047% | 1h | 4.7280 | long leg | $41K | $40K | 10x | |
| Gate LIT_USDT | −0.0796% | 4h | 4.7320 | +0.085% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0630% | 4h | 4.7247 | −0.070% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0598% | 4h | 4.7270 | −0.021% | $1.3M | $2.8M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0400% | 4h | 4.7227 | −0.112% | $25.2M | $62.2M | 50x | as long as short |
| Bullet LIT-USD | −0.0381% | 1h | 4.7293 | +0.029% | $85K | $81K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0344% | 1h | 4.7242 | −0.080% | $33K | $4K | 5x | as long as short |
| Bybit LITUSDT | −0.0293% | 4h | 4.7260 | −0.042% | $42.7M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0290% | 4h | 4.7311 | +0.066% | $5.2M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0212% | 4h | 4.7290 | +0.021% | $899K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0207% | 1h | 4.7288 | +0.018% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.933% | $660K | $404K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0124% | 1h | 4.7313 | +0.070% | $665K | $1.5M | 5x | as long as short |
| Nado LIT-PERP | −0.0123% | 1h | 4.7318 | +0.082% | $2.1M | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7325 | +0.096% | $788K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7306 | +0.055% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0018% | 8h | 4.7278 | −0.003% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7355 | +0.159% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7344 | +0.136% | $35K | — | 150x | as long as short |
| edgeX LITUSDC | +0.0032% | 4h | 4.7254 | −0.054% | $287K | $309K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.608% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0040% | 4h | 4.7250 | −0.063% | $5.7M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0044% | 4h | 4.7233 | −0.099% | $74.9M | $81.6M | 75x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7296 | +0.034% | $148K | $44K | 3x | as long as short |
| ApeX Omni LITUSDT | +0.0091% | 1h | 4.7310 | +0.064% | $55K | $78K | 50x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7363 | +0.176% | $59.5M | $29.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7360 | +0.169% | $211.1M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7332 | +0.111% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7319 | +0.083% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7277 | −0.006% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USDshort | +0.0100% | 1h | 4.7185 | −0.201% | $118K | $5K | 10x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7300 | +0.043% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7342 | +0.131% | $447K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7335 | +0.116% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7323 | +0.091% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7305 | +0.053% | $1K | $484K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7392 | +0.237% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7262 | −0.038% | $5.2M | $5.2M | 25x | as long as short |
| BloFin LIT-USDT | +0.0164% | 4h | 4.7285 | +0.011% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7364 | +0.178% | $31K | $841K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7343 | +0.134% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0536% | 1h | 4.7389 | +0.231% | $3.7M | $13.5M | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Bulk LIT-USD
Gate LIT_USDT
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
01 Exchange LITUSD
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
Backpack LIT_USDC_PERP
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
edgeX LITUSDC
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
ApeX Omni LITUSDT
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT