Funding you earn now, next payment 09:00 UTC−0.0078%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.008%
Price spread now: Nado against Derive−0.209%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$2 a day on $10k at the current rate, and Nado is 0.209% cheaper against Derive than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive LIT-PERP | 4.7720 | 0.0100 | pay 0.0013% / 1h | 29m 36s | $2K | $961 | 6.7x |
| Short | Nado LIT-PERP | 4.7620 | 0.0022 | get 0.0003% / 1h | 29m 36s | $2.1M | $1.6M | 10x |
Derive LIT-PERP
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$16.4
- Price spread: −0.209% → 0.000%
- −$20.88
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$50.28
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Nado: live order book, 4 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 Nado live order book, 4 min ago | 1.36 bp | 9.7 bp −$10 | 28.2 bp −$282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0512% | 1h | 4.7632 | −0.184% | $31K | $3K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0426% | 4h | 4.7979 | +0.543% | $894K | $2.0M | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0397% | 4h | 4.7632 | −0.184% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7938 | +0.458% | $607K | $349K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0301% | 1h | 4.7702 | −0.038% | $42K | $39K | 10x | as long as short |
| Gate LIT_USDT | −0.0284% | 4h | 4.7760 | +0.085% | $2.8M | $4.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0232% | 1h | 4.7679 | −0.085% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0168% | 4h | 4.7744 | +0.051% | $25.8M | $58.7M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0166% | 1h | 4.7760 | +0.085% | $57K | $75K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0078% | 1h | 4.7759 | +0.082% | $681K | $985K | 5x | as long as short |
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0071% | 4h | 4.7746 | +0.055% | $41.5M | $27.1M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7782 | +0.130% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7759 | +0.081% | $35K | — | 150x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.7780 | +0.126% | $205K | $288K | 5x | as long as short |
| Nado LIT-PERPshort | +0.0022% | 1h | 4.7620 | −0.209% | $2.1M | $1.6M | 10x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.671% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.7724 | +0.009% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7801 | +0.170% | $59.5M | $26.1M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7819 | +0.208% | $3.7M | $12.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7815 | +0.200% | $215.8M | $38.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7758 | +0.080% | $649K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7742 | +0.047% | $76.7M | $73.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7764 | +0.093% | $124K | $422K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7909 | +0.396% | $121K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7736 | +0.034% | $6.1M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7733 | +0.028% | $5.4M | $888K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7780 | +0.126% | $6.8M | $2.4M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7803 | +0.174% | $293K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7646 | −0.154% | $444K | $85K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7720 | long leg | $2K | $961 | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7685 | −0.073% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7775 | +0.116% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7836 | +0.244% | $192K | $305K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7710 | −0.020% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7718 | −0.004% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7748 | +0.059% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.7775 | +0.116% | $796K | $2.4M | 5x | as long as short |
| Aster LITUSDT | +0.0265% | 4h | 4.7795 | +0.157% | $12.8M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7763 | +0.092% | $32K | $629K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7686 | −0.071% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0424% / S −0.0217% | 1h | 4.7758 | +0.081% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0474% | 1h | 4.7894 | +0.366% | $10K | $199K | 10x | as long as short |
Bybit LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Phoenix LIT
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD