Funding you earn now, next payment 00:00 UTC−0.0951%/8h= −104.1% APRnext payment −$1.19 per $10,000 · paid last 24h −0.208%
Price spread now: Deribit against Derive−0.256%58s7-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
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Deribit is 0.256% cheaper against Derive than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Derive LIT-PERP | 4.7486 | 0.0100 | pay 0.0013% / 1h | 32m 25s | $2K | $650 | 6.7x |
| Short | Deribit LIT_USDC-PERPETUAL | 4.7365 | −0.0851 | pay 0.0106% / 1h | 32m 25s | $42K | $40K | 10x |
Derive LIT-PERP
Deribit LIT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Derive. 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
- −$199.68
- Price spread: −0.256% → 0.000%
- −$25.58
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$238.27
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Derive and 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 | −0.0892% | 4h | 4.7450 | −0.076% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUALshort | −0.0851% | 1h | 4.7365 | −0.256% | $42K | $40K | 10x | |
| Orderly PERP_LIT_USDC | −0.0592% | 4h | 4.7402 | −0.177% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7396 | −0.190% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0422% | 4h | 4.7472 | −0.030% | $25.7M | $63.8M | 50x | as long as short |
| Phemex LITUSDT | −0.0377% | 4h | 4.7360 | −0.266% | $1.4M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0337% | 1h | 4.7445 | −0.087% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0216% | 4h | 4.7480 | −0.013% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.257% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0114% | 4h | 4.7550 | +0.134% | $904K | $1.8M | 10x | as long as short |
Gate LIT_USDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0067% | 4h | 4.7460 | −0.055% | $42.8M | $30.0M | 75x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7501 | +0.031% | $206K | $353K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7494 | +0.016% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7455 | −0.066% | $31K | $840K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7508 | +0.046% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7496 | +0.020% | $817K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0019% | 8h | 4.7440 | −0.097% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.166% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0079% | 4h | 4.7460 | −0.055% | $289K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0082% | 4h | 4.7414 | −0.152% | $5.6M | $4.1M | 100x | as long as short |
| Binance LITUSDT | +0.0084% | 4h | 4.7438 | −0.102% | $75.6M | $81.4M | 75x | as long as short |
| Aevo LIT-PERP | +0.0088% | 1h | 4.7419 | −0.142% | $148K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7536 | +0.105% | $59.8M | $29.9M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7455 | −0.066% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7476 | −0.022% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7493 | +0.014% | $591K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7461 | −0.053% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7635 | +0.314% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7470 | −0.034% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7454 | −0.068% | $674K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7490 | +0.008% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7446 | −0.085% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7486 | long leg | $2K | $650 | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7439 | −0.100% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7380 | −0.224% | $987 | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7480 | −0.013% | $190K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7447 | −0.083% | $5.2M | $5.1M | 25x | as long as short |
| Aftermath Perps LITUSD | +0.0133% | 1h | 4.7541 | +0.115% | $13K | $203K | 10x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7549 | +0.132% | $3.7M | $13.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0211% | 1h | 4.7521 | +0.073% | $213.1M | $44.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0323% | 4h | 4.7387 | −0.209% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7501 | +0.030% | $62K | — | 50x | as long as short |
Bybit LITUSDT
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
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]