Funding you earn now, next payment 01:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.030%
Price spread now: GRVT against Derive−0.136%47s7-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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.136% cheaper against Derive than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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 | 4.7484 | 0.0100 | pay 0.0013% / 1h | 43m 34s | $2K | — | 6.7x |
| Short | GRVT LIT_USDT_Perp | 4.7420 | 0.0024 | get 0.0012% / 4h | 3h 43m | $899K | $1.8M | 10x |
Derive LIT-PERP
GRVT LIT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$15.96
- Price spread: −0.136% → 0.000%
- −$13.57
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$44.53
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; GRVT: live order book, 5 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 Derive no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 5 min ago | 1.06 bp | 9.9 bp −$10 | 26.6 bp −$266 | doesn't fit | doesn't fit |
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 | −0.0683% | 1h | 4.7445 | −0.083% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0513% | 4h | 4.7421 | −0.133% | $32K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0460% | 4h | 4.7470 | −0.030% | $2.8M | $4.4M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0400% | 1h | 4.7432 | −0.110% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0323% | 1h | 4.7462 | −0.047% | $85K | $77K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0262% | 4h | 4.7470 | −0.030% | $25.7M | $64.1M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0150% | 4h | 4.7474 | −0.021% | $5.2M | $1.1M | 30x | as long as short |
| Backpack LIT_USDC_PERP | −0.0100% | 1h | 4.7502 | +0.038% | $684K | $1.4M | 5x | as long as short |
| Phemex LITUSDT | −0.0091% | 4h | 4.7470 | −0.030% | $1.4M | $2.7M | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7414 | −0.149% | $670K | $402K | 50x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Gate LIT_USDT
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Backpack LIT_USDC_PERP
Phemex LITUSDT
Coinbase International LIT-PERP-INTXShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0034% | 1h | 4.7328 | −0.329% | $205K | $361K | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0028% | 1h | 4.7370 | −0.240% | $56K | $77K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7482 | −0.005% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7507 | +0.049% | $31K | $860K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7497 | +0.028% | $35K | — | 150x | as long as short |
| GRVT LIT_USDT_Perpshort | +0.0024% | 4h | 4.7420 | −0.136% | $899K | $1.8M | 10x | |
| Nado LIT-PERP | +0.0028% | 1h | 4.7435 | −0.104% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.171% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0041% | 8h | 4.7431 | −0.111% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7519 | +0.073% | $59.4M | $29.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7534 | +0.105% | $3.7M | $13.6M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7551 | +0.141% | $12.7M | $2.3M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7485 | +0.002% | $590K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7421 | −0.133% | $75.7M | $81.2M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7434 | −0.106% | $42.7M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7470 | −0.030% | $117K | $455K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7141 | −0.723% | $118K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7433 | −0.108% | $5.7M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7490 | +0.012% | $6.8M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7332 | −0.321% | $288K | $312K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7483 | −0.002% | $449K | $104K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7484 | long leg | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7436 | −0.101% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7464 | −0.042% | $995 | $463K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7344 | −0.295% | $189K | $347K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7425 | −0.124% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7462 | −0.048% | $148K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7479 | −0.012% | $810K | $2.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0184% | 1h | 4.7556 | +0.151% | $213.3M | $44.9M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0313% | 1h | 4.7325 | −0.335% | $10K | $205K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7352 | −0.278% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0384% / S −0.0176% | 1h | 4.7487 | +0.006% | $63K | — | 50x | as long as short |
Phoenix LIT
ApeX Omni LITUSDT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Nado LIT-PERP
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Hyperliquid LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]