Funding you earn now, next payment 01:38 UTC−0.0463%/8h= −50.6% APRpaid last 24h −0.081%
Price spread now: GRVT against Perpl−0.302%66s7-day average −0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.302%, 7d avg −0.081%
=Together, before fees−0.358%+ Points / potential airdropPerpl: Active · GRVT: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GRVT is 0.221% cheaper against Perpl than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.081%). Swap the legs. The two prices were read 66 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 | 4.6831 | 0.0447 | pay 0.0040% / 43m | 31m 40s | $31K | $828K | 33x |
| Short | GRVT LIT_USDT_Perp | 4.6690 | −0.0016 | pay 0.0008% / 4h | 1h 43m | $905K | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$97.13
- Price spread: −0.302% → −0.081%
- −$22.14
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$142.07
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; GRVT: live order book, 5 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 Perpl no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 5 min ago | 1.07 bp | 24.1 bp −$24 | 83.0 bp −$830 | doesn't fit | doesn't fit |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0396% | 4h | 4.6783 | −0.103% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0340% | 1h | 4.6816 | −0.033% | $84K | $67K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0296% | 1h | 4.6796 | −0.076% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0177% | 1h | 4.6851 | +0.041% | $41K | $40K | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0160% | 1h | 4.6710 | −0.259% | $56K | $77K | 50x | as long as short |
| Gate LIT_USDT | −0.0094% | 4h | 4.6830 | −0.003% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6728 | −0.221% | $201K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6800 | −0.067% | $657K | $372K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0020% | 4h | 4.6816 | −0.033% | $25.3M | $61.5M | 50x | as long as short |
| GRVT LIT_USDT_Perpshort | −0.0016% | 4h | 4.6690 | −0.302% | $905K | $1.7M | 10x |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.0014% | 4h | 4.6802 | −0.063% | $5.2M | $1.1M | 30x | as long as short |
| Phemex LITUSDT | −0.0006% | 4h | 4.6780 | −0.110% | $1.4M | $2.8M | 20x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6868 | +0.079% | $11K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0015% | 1h | 4.6811 | −0.043% | $34K | — | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0028% | 1h | 4.6862 | +0.065% | $679K | $1.4M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.581% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0065% | 8h | 4.6793 | −0.082% | $7K | $2K | 5x | as long as short |
| Bulk LIT-USD | +0.0089% | 1h | 4.6805 | −0.055% | $117K | $2K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6892 | +0.129% | $58.5M | $28.6M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6829 | −0.005% | $781K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6790 | −0.088% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6892 | +0.129% | $209.4M | $41.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6846 | +0.031% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6824 | −0.016% | $74.4M | $78.6M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6816 | −0.033% | $41.5M | $28.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6798 | −0.071% | $117K | $446K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6815 | −0.035% | $5.4M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6830 | −0.003% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6665 | −0.356% | $284K | $306K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6823 | −0.018% | $443K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6870 | +0.083% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6808 | −0.050% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6835 | +0.008% | $1K | $416K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6874 | +0.091% | $194K | $379K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6788 | −0.092% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6822 | −0.019% | $146K | — | 3x | as long as short |
| Lighter RH LIT | +0.0136% | 1h | 4.6885 | +0.114% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0175% | 4h | 4.6874 | +0.091% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0260% | 1h | 4.6804 | −0.058% | $9K | $210K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6784 | −0.101% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0409% / S −0.0206% | 1h | 4.6861 | +0.063% | $63K | — | 50x | as long as short |
| Perpl LITlong | +0.0447% | 43m | 4.6831 | long leg | $31K | $828K | 33x |
GRVT LIT_USDT_Perp
Bullet LIT-USD
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
ApeX Omni LITUSDT
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Phemex LITUSDT
gTrade (Gains Network) LIT/USD
Backpack LIT_USDC_PERP
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Bulk LIT-USD
Lighter LIT
RISEx LIT/USDC
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]