Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Derive+2.979%7-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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 2.979% dearer against Derive than usual: you sell high and buy low (spread +2.979% now, against zero (this spread has no 7-day history yet)): +$298 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive LIT-PERP | 4.6650 | 0.0100 | pay 0.0013% / 1h | 42m 20s | $2K | — | 6.7x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 42m 20s | $422 | $178K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +2.979% → 0.000%
- $297.9
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $277.88
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Injective: 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 Derive no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Derive and Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0512% | 1h | 4.6558 | −0.198% | $32K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0511% | 1h | 4.6628 | −0.048% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.6583 | −0.144% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0247% | 1h | 4.6618 | −0.070% | $83K | $68K | 20x | as long as short |
| Gate LIT_USDT | −0.0232% | 4h | 4.6670 | +0.042% | $2.7M | $4.3M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0229% | 1h | 4.6657 | +0.014% | $659K | $1.4M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | +0.423% | $612K | $404K | 50x | as long as short |
| Phemex LITUSDT | −0.0131% | 4h | 4.6620 | −0.065% | $1.3M | $2.8M | 20x | as long as short |
| Nado LIT-PERP | −0.0054% | 1h | 4.6616 | −0.072% | $2.1M | $1.7M | 10x | as long as short |
| Extended LIT-USD | −0.0048% | 1h | 4.6605 | −0.098% | $5.1M | $5.0M | 25x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0034% | 1h | 4.6711 | +0.130% | $201K | $305K | 5x | as long as short |
| Bybit LITUSDT | −0.0027% | 4h | 4.6630 | −0.043% | $41.1M | $28.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0020% | 4h | 4.6681 | +0.066% | $5.2M | $1.0M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0003% | 4h | 4.6631 | −0.041% | $25.1M | $61.1M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6661 | +0.023% | $33K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6658 | +0.016% | $11K | — | 150x | as long as short |
| ApeX Omni LITUSDT | +0.0026% | 1h | 4.6660 | +0.021% | $56K | $76K | 50x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +2.979% | $422 | $178K | 5.5x | |
| Paradex LIT-USD-PERP | +0.0064% | 8h | 4.6604 | −0.100% | $6K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0067% | 1h | 4.6631 | −0.041% | $436K | $109K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0072% | 4h | 4.6672 | +0.046% | $904K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6646 | −0.008% | $778K | $2.1M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6680 | +0.064% | $58.1M | $28.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.6694 | +0.094% | $3.6M | $13.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6708 | +0.124% | $208.9M | $42.0M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6653 | +0.006% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6608 | −0.091% | $74.5M | $79.3M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6707 | +0.122% | $121K | $455K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6616 | −0.073% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6650 | −0.001% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6650 | 0.000% | $284K | $305K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.6650 | long leg | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.6642 | −0.018% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6649 | −0.003% | $1K | $390K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6716 | +0.141% | $197K | $388K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6625 | −0.054% | $116K | $1K | 10x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6618 | −0.070% | $146K | — | 3x | as long as short |
| Aster LITUSDT | +0.0186% | 4h | 4.6698 | +0.102% | $12.5M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0213% | 1h | 4.6718 | +0.144% | $8K | $206K | 10x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6667 | +0.037% | $31K | $791K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6592 | −0.125% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0418% / S −0.0217% | 1h | 4.6674 | +0.050% | $62K | — | 50x | as long as short |
Derive LIT-PERP
Injective LIT/USDC PERP
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Gate LIT_USDT
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
Extended LIT-USD
Phoenix LIT
Bybit LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]