Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.015%
Price spread now: Derive against Injective−0.831%61s7-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
Funding pays, the price is against you. Derive is 0.831% cheaper against Injective than usual: you would sell low and buy high (spread −0.831% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$83 on $10k: about 42 days of funding at the current rate (+$2 a day). The two prices were read 61 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 | Injective LIT/USDC PERP | 4.8040 | 0.0033 | pay 0.0004% / 1h | 15m 46s | $422 | $178K | 5.5x |
| Short | Derive LIT-PERP | 4.7641 | 0.0100 | get 0.0013% / 1h | 15m 46s | $2K | $1K | 6.7x |
Injective LIT/USDC PERP
Derive LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Injective. 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
- $14
- Price spread: −0.831% → 0.000%
- −$83.13
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$75.15
- Costs to cover
- 0.060%
- Break-even
- 44.6 days
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Injective 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 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 | −0.1143% | 1h | 4.7587 | −0.943% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0610% | 4h | 4.7564 | −0.991% | $33K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0576% | 4h | 4.7630 | −0.853% | $2.8M | $4.5M | 50x | as long as short |
| Phemex LITUSDT | −0.0563% | 4h | 4.7580 | −0.958% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7643 | −0.826% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0339% | 1h | 4.7584 | −0.949% | $86K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0329% | 4h | 4.7608 | −0.899% | $25.1M | $62.3M | 50x | as long as short |
| Bybit LITUSDT | −0.0284% | 4h | 4.7605 | −0.905% | $43.0M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0278% | 4h | 4.7647 | −0.818% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0264% | 4h | 4.7613 | −0.889% | $901K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Gate LIT_USDT
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0252% | 1h | 4.7643 | −0.826% | $669K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | −0.664% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0051% | 1h | 4.7587 | −0.944% | $12K | $199K | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7660 | −0.791% | $248K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0024% | 8h | 4.7659 | −0.793% | $6K | $2K | 5x | as long as short |
| SoDEX LIT-USD | −0.0016% | 1h | 4.7585 | −0.947% | $1K | $487K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7738 | −0.629% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7654 | −0.803% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7729 | −0.648% | $831K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0018% | 1h | 4.7625 | −0.864% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0023% | 1h | 4.7634 | −0.845% | $450K | $105K | 10x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| MEXC LIT_USDT | +0.0044% | 4h | 4.7584 | −0.949% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0044% | 4h | 4.7633 | −0.847% | $290K | $311K | 10x | as long as short |
| Binance LITUSDT | +0.0046% | 4h | 4.7577 | −0.964% | $75.3M | $81.5M | 75x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7602 | −0.911% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7679 | −0.751% | $59.8M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7700 | −0.708% | $212.4M | $45.4M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7680 | −0.749% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7716 | −0.674% | $588K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7707 | −0.693% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7620 | −0.874% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7680 | −0.749% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7641 | −0.831% | $2K | $1K | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7609 | −0.897% | $5K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7684 | −0.741% | $191K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | −1.220% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7594 | −0.928% | $5.3M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7673 | −0.765% | $32K | $839K | 33x | as long as short |
| BloFin LIT-USDT | +0.0184% | 4h | 4.7575 | −0.968% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0359% / S −0.0155% | 1h | 4.7639 | −0.835% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0432% | 1h | 4.7715 | −0.677% | $3.8M | $14.2M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
Phoenix LIT
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
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT