Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.006%
Price spread now: Aevo against Derive−0.600%118s7-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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.600% cheaper against Derive than usual: you would sell low and buy high (−$60 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 118 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 | Derive LIT-PERP | 4.7491 | 0.0100 | pay 0.0013% / 1h | 9m 55s | $2K | $1K | 6.7x |
| Short | Aevo LIT-PERP | 4.7206 | 0.0048 | get 0.0006% / 1h | 9m 55s | $148K | $44K | 3x |
Derive LIT-PERP
Aevo LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Derive. 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
- −$10.92
- Price spread: −0.600% → 0.000%
- −$59.97
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$92.89
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Aevo: live order book, 14 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 Derive no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 14 min ago | 83.17 bp | 91.2 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.1256% | 1h | 4.7194 | −0.626% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0618% | 4h | 4.7145 | −0.729% | $32K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0606% | 4h | 4.7220 | −0.571% | $2.8M | $4.5M | 50x | as long as short |
| Phemex LITUSDT | −0.0602% | 4h | 4.7200 | −0.613% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0576% | 1h | 4.7138 | −0.744% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0352% | 1h | 4.7212 | −0.587% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0352% | 4h | 4.7156 | −0.706% | $25.0M | $61.9M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0300% | 4h | 4.7238 | −0.533% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0295% | 4h | 4.7190 | −0.634% | $42.7M | $30.7M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0260% | 4h | 4.7505 | +0.029% | $902K | $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
KuCoin LITUSDTM
Bybit LITUSDT
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 | −0.0246% | 1h | 4.7211 | −0.590% | $663K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.484% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0108% | 1h | 4.7521 | +0.063% | $11K | $201K | 10x | as long as short |
| SoDEX LIT-USD | −0.0068% | 1h | 4.7205 | −0.602% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7633 | +0.299% | $247K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0024% | 8h | 4.7179 | −0.658% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7268 | −0.471% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7245 | −0.519% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7261 | −0.484% | $813K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0015% | 1h | 4.7232 | −0.546% | $446K | $105K | 10x | as long as short |
| Nado LIT-PERP | +0.0019% | 1h | 4.7210 | −0.592% | $2.1M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.156% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0037% | 4h | 4.7141 | −0.737% | $74.7M | $81.6M | 75x | as long as short |
| MEXC LIT_USDT | +0.0040% | 4h | 4.7152 | −0.714% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0046% | 4h | 4.7585 | +0.197% | $289K | $312K | 10x | as long as short |
| Aevo LIT-PERPshort | +0.0048% | 1h | 4.7206 | −0.600% | $148K | $44K | 3x | |
| Lighter LIT | +0.0096% | 1h | 4.7255 | −0.497% | $59.3M | $30.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7256 | −0.495% | $210.6M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7221 | −0.569% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7278 | −0.449% | $583K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7233 | −0.543% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | −0.247% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7220 | −0.571% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7600 | +0.229% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7491 | long leg | $2K | $1K | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7246 | −0.516% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7306 | −0.390% | $189K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7164 | −0.688% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7264 | −0.478% | $31K | $844K | 33x | as long as short |
| BloFin LIT-USDT | +0.0163% | 4h | 4.7287 | −0.430% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7250 | −0.508% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7282 | −0.440% | $3.7M | $14.3M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Nado LIT-PERP
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT