Funding you earn now, next payment 07:00 UTC+0.0212%/8h= +23.2% APRnext payment +$0.27 per $10,000 · paid last 24h +0.007%
Price spread now: Derive against Nado+0.098%288s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Derive is 0.098% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 288 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 | Nado LIT-PERP | 4.7790 | −0.0112 | get 0.0014% / 1h | 58m 50s | $2.1M | $1.6M | 10x |
| Short | Derive LIT-PERP | 4.7837 | 0.0100 | get 0.0013% / 1h | 58m 50s | $2K | $961 | 6.7x |
Nado LIT-PERP
Derive LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Nado. 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
- $44.56
- Price spread: +0.098% → 0.000%
- $9.84
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $41.4
- Costs to cover
- 0.130%
- Break-even
- 0.5 days
Slippage unknown: Nado: live order book, 5 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 Nado live order book, 5 min ago | 1.04 bp | 8.1 bp −$8 | 25.3 bp −$253 | 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 | −0.0731% | 1h | 4.7777 | −0.027% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0408% | 1h | 4.7761 | −0.061% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0365% | 4h | 4.7727 | −0.132% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7780 | −0.022% | $605K | $347K | 50x | as long as short |
| Bullet LIT-USD | −0.0227% | 1h | 4.7774 | −0.034% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0137% | 4h | 4.7723 | −0.140% | $25.6M | $60.2M | 50x | as long as short |
| Nado LIT-PERPlong | −0.0112% | 1h | 4.7790 | long leg | $2.1M | $1.6M | 10x | |
| GRVT LIT_USDT_Perp | −0.0074% | 4h | 4.7770 | −0.042% | $884K | $2.0M | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0051% | 1h | 4.7772 | −0.038% | $674K | $941K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7841 | +0.107% | $34K | — | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Backpack LIT_USDC_PERP
dYdX LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7832 | +0.089% | $11K | — | 150x | as long as short |
| Bybit LITUSDT | +0.0033% | 4h | 4.7722 | −0.142% | $41.4M | $28.0M | 75x | as long as short |
| Phoenix LIT | +0.0033% | 1h | 4.7845 | +0.115% | $205K | $291K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.523% | $422 | $178K | 5.5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7809 | +0.040% | $796K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7791 | +0.001% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7866 | +0.159% | $59.5M | $26.3M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7831 | +0.086% | $768K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7710 | −0.167% | $76.4M | $75.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7825 | +0.073% | $126K | $446K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7741 | −0.102% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7790 | 0.000% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7720 | −0.146% | $5.8M | $3.8M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7813 | +0.048% | $5.4M | $984K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7750 | −0.084% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7753 | −0.077% | $292K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7740 | −0.105% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7801 | +0.023% | $449K | $83K | 10x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7837 | +0.098% | $2K | $961 | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7801 | +0.023% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7805 | +0.031% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7861 | +0.149% | $199K | $298K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7780 | −0.021% | $1.4M | $2.8M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7702 | −0.184% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7784 | −0.013% | $149K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0129% | 1h | 4.7847 | +0.119% | $215.9M | $39.1M | 5x | as long as short |
| Aster LITUSDT | +0.0189% | 4h | 4.7808 | +0.038% | $12.8M | $1.9M | 50x | as long as short |
| Lighter RH LIT | +0.0304% | 1h | 4.7872 | +0.172% | $3.7M | $12.7M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7748 | −0.088% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7812 | +0.045% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0425% | 1h | 4.7856 | +0.138% | $9K | $205K | 10x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7840 | +0.105% | $32K | $660K | 33x | as long as short |
gTrade (Gains Network) LIT/USD
Bybit LITUSDT
Phoenix LIT
Injective LIT/USDC PERP
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD
Perpl LIT