Funding you earn now, next payment 07:23 UTC−0.0347%/8h= −37.9% APRpaid last 24h −0.055%
Price spread now: Derive against Perpl−0.159%173s7-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 −$10 a day on $10k at the current rate, and Derive is 0.159% cheaper against Perpl than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 173 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 | Perpl LIT | 4.7955 | 0.0447 | pay 0.0040% / 43m | 3m 51s | $32K | $646K | 33x |
| Short | Derive LIT-PERP | 4.7879 | 0.0100 | get 0.0013% / 1h | 14m 51s | $2K | $961 | 6.7x |
Perpl LIT
Derive LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Perpl. 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
- −$72.77
- Price spread: −0.159% → 0.000%
- −$15.87
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$108.44
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage unknown: Perpl: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Perpl 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 | −0.0390% | 1h | 4.7943 | −0.025% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0384% | 4h | 4.7870 | −0.177% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7780 | −0.365% | $605K | $347K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0296% | 1h | 4.7899 | −0.116% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0217% | 1h | 4.7917 | −0.079% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0160% | 4h | 4.8029 | +0.155% | $25.8M | $59.6M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0104% | 4h | 4.7820 | −0.281% | $884K | $2.0M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0061% | 1h | 4.7840 | −0.239% | $57K | $73K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7960 | +0.012% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7949 | −0.011% | $36K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | +0.0031% | 4h | 4.8027 | +0.151% | $41.6M | $27.7M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.178% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.7943 | −0.025% | $206K | $293K | 5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7929 | −0.054% | $798K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0093% | 8h | 4.7902 | −0.110% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8019 | +0.134% | $59.8M | $26.8M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7885 | −0.146% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7938 | −0.035% | $820K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8015 | +0.126% | $77.0M | $73.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7930 | −0.052% | $127K | $446K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8040 | +0.178% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8015 | +0.126% | $5.9M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8033 | +0.163% | $5.5M | $934K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8040 | +0.178% | $6.8M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7989 | +0.071% | $684K | $1.0M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7856 | −0.206% | $293K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7902 | −0.110% | $446K | $86K | 10x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7879 | −0.159% | $2K | $961 | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7898 | −0.118% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7950 | −0.010% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7921 | −0.070% | $193K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7920 | −0.073% | $1.4M | $2.7M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7777 | −0.371% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8014 | +0.123% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7928 | −0.056% | $150K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0210% | 1h | 4.8119 | +0.342% | $217.4M | $38.8M | 5x | as long as short |
| Lighter RH LIT | +0.0240% | 1h | 4.8045 | +0.188% | $3.7M | $12.8M | 5x | as long as short |
| Aster LITUSDT | +0.0252% | 4h | 4.8103 | +0.309% | $12.9M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7936 | −0.039% | $1.6M | $2.3M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0375% | 1h | 4.7868 | −0.180% | $9K | $203K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.7956 | +0.003% | $64K | — | 50x | as long as short |
| Perpl LITlong | +0.0447% | 43m | 4.7955 | long leg | $32K | $646K | 33x |
Bybit LITUSDT
Injective LIT/USDC PERP
Phoenix LIT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]