LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.046%

Price spread now: Coinbase International against Derive+0.934%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on Coinbase International

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Coinbase International is 0.934% dearer against Derive than usual: you sell high and buy low (spread +0.934% now, against zero (this spread has no 7-day history yet)): +$93 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive LIT-PERP	4.6946	0.0100	pay 0.0013% / 1h	2m 27s	$2K	—	6.7x
Short	Coinbase International LIT-PERP-INTX	4.7385	−0.0080	pay 0.0010% / 1h	2m 27s	$670K	$370K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DerivebpFee Coinbase InternationalbpOrdersPrice spread, now +0.934%Rate

Funding earned: −$37.8
Price spread: +0.934% → 0.000%: $93.36
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $39.56
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Derive: no order-book sample; Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago	9.38 bp	18.5 bp −$18	43.4 bp −$434	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 41 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
01 Exchange LITUSD	−0.0496%	1h	4.6963	+0.036%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0426%	4h	4.6898	−0.103%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0307%	1h	4.6982	+0.077%	$84K	$67K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0174%	1h	4.6944	−0.004%	$41K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0116%	4h	4.6899	−0.100%	$892K	$1.7M	10x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.6900	−0.098%	$56K	$77K	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.6995	+0.104%	$203K	$352K	5x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0080%	1h	4.7385	+0.934%	$670K	$370K	50x
KuCoin LITUSDTM	−0.0074%	4h	4.6952	+0.012%	$5.2M	$1.1M	30x	as long as short
Phemex LITUSDT	−0.0073%	4h	4.6950	+0.008%	$1.4M	$2.7M	20x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LIT-USDT-SWAP	−0.0062%	4h	4.7000	+0.115%	$25.5M	$61.6M	50x	as long as short
Gate LIT_USDT	−0.0012%	4h	4.6960	+0.029%	$2.8M	$4.3M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6942	−0.010%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6949	+0.005%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.330%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0039%	1h	4.6872	−0.158%	$117K	$1K	10x	as long as short
Paradex LIT-USD-PERP	+0.0050%	8h	4.6947	+0.001%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7000	+0.113%	$811K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7022	+0.161%	$58.9M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6975	+0.061%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7040	+0.200%	$210.3M	$41.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6984	+0.079%	$583K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6971	+0.053%	$74.8M	$78.2M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6970	+0.051%	$41.8M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6977	+0.066%	$117K	$444K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6941	−0.011%	$5.4M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7010	+0.136%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6961	+0.031%	$681K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6884	−0.133%	$286K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6998	+0.110%	$444K	$104K	10x	as long as short
Derive LIT-PERPlong	+0.0100%	1h	4.6946	long leg	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.6968	+0.046%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6960	+0.029%	$1K	$418K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7014	+0.144%	$189K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6943	−0.006%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6919	−0.058%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0132%	4h	4.7027	+0.172%	$12.6M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7037	+0.193%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0277%	1h	4.7008	+0.132%	$9K	$209K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0406% / S −0.0202%	1h	4.6952	+0.013%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7013	+0.142%	$31K	$833K	33x	as long as short