Funding you earn now, next payment 02:00 UTC+0.0640%/8h= +70.0% APRnext payment +$0.80 per $10,000 · paid last 24h +0.207%
Price spread now: Derive against Deribit+0.093%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 +$19 a day on $10k at the current rate, and Derive is 0.093% dearer against Deribit than usual: you sell high and buy low: +$9 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 | Deribit LIT_USDC-PERPETUAL | 4.7077 | −0.0540 | get 0.0067% / 1h | 31m 28s | $41K | $40K | 10x |
| Short | Derive LIT-PERP | 4.7121 | 0.0100 | get 0.0013% / 1h | 31m 28s | $2K | — | 6.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $134.31
- Price spread: +0.093% → 0.000%
- $9.26
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $130.57
- Costs to cover
- 0.130%
- Break-even
- 0.2 days
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Deribit 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 41 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 LITUSD | −0.0616% | 1h | 4.7000 | −0.164% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUALlong | −0.0540% | 1h | 4.7077 | long leg | $41K | $40K | 10x | |
| Orderly PERP_LIT_USDC | −0.0464% | 4h | 4.7027 | −0.107% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0445% | 1h | 4.7083 | +0.011% | $84K | $73K | 20x | as long as short |
| Gate LIT_USDT | −0.0210% | 4h | 4.7080 | +0.006% | $2.8M | $4.3M | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0156% | 4h | 4.7088 | +0.023% | $25.6M | $63.6M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0152% | 4h | 4.7010 | −0.143% | $904K | $1.8M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0146% | 4h | 4.7061 | −0.034% | $5.2M | $1.1M | 30x | as long as short |
| ApeX Omni LITUSDT | −0.0112% | 1h | 4.7030 | −0.100% | $56K | $77K | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7072 | −0.011% | $203K | $352K | 5x | as long as short |
Show all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7209 | +0.280% | $668K | $387K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0076% | 1h | 4.7076 | −0.003% | $679K | $1.4M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7102 | +0.054% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7128 | +0.107% | $472 | — | 150x | as long as short |
| Phemex LITUSDT | +0.0015% | 4h | 4.7050 | −0.058% | $1.4M | $2.7M | 20x | as long as short |
| Bulk LIT-USD | +0.0030% | 1h | 4.6912 | −0.352% | $117K | $1K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.045% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0034% | 8h | 4.6995 | −0.174% | $7K | $2K | 5x | as long as short |
| SoDEX LIT-USD | +0.0076% | 1h | 4.7078 | +0.002% | $1K | $450K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7108 | +0.065% | $788K | $2.0M | 5x | as long as short |
| Bybit LITUSDT | +0.0094% | 4h | 4.7053 | −0.051% | $42.2M | $29.2M | 75x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7108 | +0.065% | $59.0M | $29.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7122 | +0.095% | $3.7M | $13.3M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7030 | −0.100% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7161 | +0.178% | $211.0M | $43.9M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7123 | +0.097% | $12.6M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7056 | −0.045% | $584K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7051 | −0.055% | $75.1M | $80.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7061 | −0.034% | $116K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7051 | −0.056% | $5.5M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7090 | +0.027% | $6.7M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6972 | −0.224% | $286K | $306K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7090 | +0.027% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7121 | +0.093% | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7118 | +0.087% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7215 | +0.293% | $189K | $354K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7043 | −0.073% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7051 | −0.057% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0284% | 1h | 4.7028 | −0.105% | $9K | $211K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0405% / S −0.0198% | 1h | 4.7093 | +0.033% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7103 | +0.055% | $31K | $862K | 33x | as long as short |
Deribit LIT_USDC-PERPETUAL
Derive LIT-PERP
01 Exchange LITUSD
Bullet LIT-USD
Gate LIT_USDT
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
ApeX Omni LITUSDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
Backpack LIT_USDC_PERP
gTrade (Gains Network) LIT/USD
Phemex LITUSDT
Bulk LIT-USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
SoDEX LIT-USD
RISEx LIT/USDC
Bybit LITUSDT
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]