Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.056%
Price spread now: Derive against Hyperliquid−0.090%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it 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 | Hyperliquid LIT | 4.7724 | 0.0100 | pay 0.0013% / 1h | 18m 17s | $212.1M | $45.1M | 5x |
| Short | Derive LIT-PERP | 4.7681 | 0.0100 | get 0.0013% / 1h | 18m 17s | $2K | $1K | 6.7x |
Hyperliquid LIT
Derive LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Hyperliquid. 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
- $0
- Price spread: −0.090% → 0.000%
- −$9.02
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$24.02
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; 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 Hyperliquid live order book, 6 min ago | 0.10 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
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 | −0.0979% | 1h | 4.7639 | −0.178% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0610% | 4h | 4.7594 | −0.272% | $33K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0600% | 4h | 4.7660 | −0.134% | $2.8M | $4.5M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7575 | −0.312% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0553% | 4h | 4.7600 | −0.260% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0338% | 1h | 4.7631 | −0.195% | $86K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0325% | 4h | 4.7626 | −0.205% | $25.1M | $62.2M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0296% | 4h | 4.7469 | −0.535% | $906K | $1.9M | 10x | as long as short |
| Bybit LITUSDT | −0.0294% | 4h | 4.7636 | −0.184% | $43.1M | $30.6M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0286% | 4h | 4.7676 | −0.101% | $5.3M | $1.1M | 30x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Gate LIT_USDT
01 Exchange LITUSD
Phemex LITUSDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Bybit LITUSDT
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0285% | 1h | 4.7664 | −0.126% | $669K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | −0.006% | $660K | $404K | 50x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7583 | −0.295% | $247K | $321K | 5x | as long as short |
| Aftermath Perps LITUSD | −0.0028% | 1h | 4.7603 | −0.253% | $12K | $199K | 10x | as long as short |
| Paradex LIT-USD-PERP | −0.0022% | 8h | 4.7622 | −0.213% | $6K | $2K | 5x | as long as short |
| SoDEX LIT-USD | −0.0002% | 1h | 4.7625 | −0.207% | $1K | $487K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7679 | −0.095% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7685 | −0.081% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7654 | −0.148% | $830K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0014% | 1h | 4.7605 | −0.249% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0031% | 1h | 4.7653 | −0.149% | $450K | $105K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.662% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0038% | 4h | 4.7597 | −0.266% | $290K | $311K | 10x | as long as short |
| MEXC LIT_USDT | +0.0044% | 4h | 4.7622 | −0.214% | $5.8M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0046% | 4h | 4.7617 | −0.224% | $75.4M | $81.3M | 75x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7629 | −0.198% | $149K | $44K | 3x | as long as short |
| Extended LIT-USD | +0.0080% | 1h | 4.7620 | −0.218% | $5.3M | $5.2M | 25x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7721 | −0.006% | $59.8M | $30.1M | 5x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.7724 | long leg | $212.1M | $45.1M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7701 | −0.047% | $12.8M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7664 | −0.126% | $588K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7629 | −0.199% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7650 | −0.155% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7680 | −0.092% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7681 | −0.090% | $2K | $1K | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7681 | −0.090% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7684 | −0.084% | $191K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | −0.566% | $119K | $6K | 10x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7668 | −0.117% | $32K | $839K | 33x | as long as short |
| BloFin LIT-USDT | +0.0178% | 4h | 4.7633 | −0.191% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0359% / S −0.0155% | 1h | 4.7681 | −0.090% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0424% | 1h | 4.7740 | +0.034% | $3.8M | $14.2M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Phoenix LIT
Aftermath Perps LITUSD
Paradex LIT-USD-PERP
SoDEX LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Nado LIT-PERP
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Extended LIT-USD
Lighter LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT