Funding you earn now, next payment 09:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h −0.008%
Price spread now: Nado against Derive−0.227%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$3 a day on $10k at the current rate, and Nado is 0.227% cheaper against Derive than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | 4.8031 | 0.0100 | pay 0.0013% / 1h | 40m 03s | $2K | $961 | 6.7x |
| Short | Nado LIT-PERP | 4.7921 | −0.0003 | pay 0.0000% / 1h | 40m 03s | $2.1M | $1.7M | 10x |
Derive LIT-PERP
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$21.61
- Price spread: −0.227% → 0.000%
- −$22.75
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$57.36
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Nado: live order book, 4 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 Nado live order book, 4 min ago | 0.83 bp | 9.3 bp −$9 | 31.4 bp −$314 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0680% | 4h | 4.8081 | +0.104% | $896K | $2.0M | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0603% | 1h | 4.7918 | −0.234% | $42K | $39K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0480% | 1h | 4.7850 | −0.376% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.7864 | −0.347% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7877 | −0.321% | $606K | $348K | 50x | as long as short |
| Bullet LIT-USD | −0.0296% | 1h | 4.7936 | −0.198% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0172% | 4h | 4.7989 | −0.087% | $25.9M | $59.3M | 50x | as long as short |
| Gate LIT_USDT | −0.0106% | 4h | 4.7970 | −0.127% | $2.8M | $4.0M | 50x | as long as short |
| Bybit LITUSDT | −0.0106% | 4h | 4.7970 | −0.127% | $41.7M | $27.4M | 75x | as long as short |
| Phemex LITUSDT | −0.0078% | 4h | 4.7940 | −0.189% | $1.4M | $2.7M | 20x | as long as short |
GRVT LIT_USDT_Perp
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
OKX LIT-USDT-SWAP
Gate LIT_USDT
Bybit LITUSDT
Phemex LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LIT-PERPshort | −0.0003% | 1h | 4.7921 | −0.227% | $2.1M | $1.7M | 10x | |
| dYdX LIT-USD | 0.0000% | 1h | 4.8022 | −0.019% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7977 | −0.112% | $36K | — | 150x | as long as short |
| ApeX Omni LITUSDT | +0.0013% | 1h | 4.8120 | +0.186% | $57K | $75K | 50x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.8150 | +0.248% | $207K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.019% | $422 | $178K | 5.5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0080% | 1h | 4.7953 | −0.162% | $684K | $987K | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.7963 | −0.142% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8011 | −0.041% | $59.8M | $26.0M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.8034 | +0.007% | $3.7M | $12.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8032 | +0.003% | $217.0M | $38.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8000 | −0.064% | $683K | $1.9M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7943 | −0.183% | $77.0M | $73.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7990 | −0.085% | $127K | $436K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8200 | +0.352% | $122K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7917 | −0.237% | $6.2M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8043 | +0.025% | $5.5M | $923K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7980 | −0.106% | $6.9M | $2.4M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8110 | +0.164% | $294K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7970 | −0.127% | $447K | $85K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.8031 | long leg | $2K | $961 | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7925 | −0.220% | $5K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7930 | −0.210% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8010 | −0.043% | $193K | $313K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7959 | −0.150% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7925 | −0.220% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8053 | +0.045% | $800K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0283% | 4h | 4.8025 | −0.012% | $12.8M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8006 | −0.053% | $32K | $632K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7960 | −0.147% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8119 | +0.184% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0486% | 1h | 4.8124 | +0.195% | $10K | $201K | 10x | as long as short |
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Phoenix LIT
Injective LIT/USDC PERP
Backpack LIT_USDC_PERP
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
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
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD