Funding you earn now, next payment 07:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.012%
Price spread now: RISEx against Derive−0.462%462s7-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
Funding pays, the price is against you. RISEx is 0.462% cheaper against Derive than usual: you would sell low and buy high (spread −0.462% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 32 days of funding at the current rate (+$1 a day). The two prices were read 462 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 | 4.7664 | 0.0100 | pay 0.0013% / 1h | 28m 11s | $2K | $961 | 6.7x |
| Short | RISEx LIT/USDC | 4.7444 | 0.0148 | get 0.0018% / 1h | 28m 11s | $795K | $2.3M | 5x |
Derive LIT-PERP
RISEx LIT/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $9.98
- Price spread: −0.462% → 0.000%
- −$46.18
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$48.21
- Costs to cover
- 0.120%
- Break-even
- 40.8 days
Slippage unknown: Derive: no order-book sample; RISEx: 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 RISEx live order book, 1 min ago | 2.00 bp | 5.0 bp −$5 | 14.4 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.7761 | +0.204% | $605K | $352K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0375% | 4h | 4.7377 | −0.602% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0272% | 1h | 4.7399 | −0.556% | $31K | $3K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0241% | 1h | 4.7420 | −0.512% | $42K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0229% | 1h | 4.7413 | −0.526% | $85K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0162% | 4h | 4.7451 | −0.447% | $25.4M | $60.7M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0127% | 1h | 4.7469 | −0.409% | $669K | $1.0M | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0082% | 4h | 4.7430 | −0.492% | $881K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7471 | −0.404% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7444 | −0.460% | $11K | — | 150x | as long as short |
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
OKX LIT-USDT-SWAP
Backpack LIT_USDC_PERP
GRVT LIT_USDT_Perp
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0033% | 1h | 4.7486 | −0.373% | $204K | $301K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.789% | $422 | $178K | 5.5x | as long as short |
| ApeX Omni LITUSDT | +0.0048% | 1h | 4.7410 | −0.533% | $57K | $73K | 50x | as long as short |
| Extended LIT-USD | +0.0056% | 1h | 4.7389 | −0.577% | $5.1M | $5.2M | 25x | as long as short |
| Bybit LITUSDT | +0.0083% | 4h | 4.7439 | −0.472% | $41.1M | $28.4M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0090% | 8h | 4.7396 | −0.563% | $7K | $2K | 5x | as long as short |
| KuCoin LITUSDTM | +0.0094% | 4h | 4.7445 | −0.459% | $5.3M | $995K | 30x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7509 | −0.325% | $59.1M | $27.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7415 | −0.522% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7473 | −0.400% | $761K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7431 | −0.488% | $75.9M | $76.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7427 | −0.497% | $123K | $447K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7470 | −0.407% | $2.7M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7424 | −0.503% | $5.8M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7440 | −0.470% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7401 | −0.551% | $290K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7418 | −0.516% | $445K | $83K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7664 | long leg | $2K | $961 | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7426 | −0.499% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7425 | −0.501% | $1K | $335K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7489 | −0.367% | $198K | $313K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7440 | −0.470% | $1.3M | $2.8M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7420 | −0.512% | $118K | $7K | 10x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7397 | −0.560% | $148K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7457 | −0.433% | $31K | $676K | 33x | as long as short |
| RISEx LIT/USDCshort | +0.0148% | 1h | 4.7444 | −0.462% | $795K | $2.3M | 5x | |
| Aftermath Perps LITUSD | +0.0211% | 1h | 4.7524 | −0.294% | $9K | $209K | 10x | as long as short |
| Aster LITUSDT | +0.0214% | 4h | 4.7517 | −0.308% | $12.7M | $2.0M | 50x | as long as short |
| Hyperliquid LIT | +0.0288% | 1h | 4.7510 | −0.322% | $214.1M | $39.9M | 5x | as long as short |
| Lighter RH LIT | +0.0320% | 1h | 4.7521 | −0.300% | $3.7M | $13.2M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7399 | −0.556% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0423% / S −0.0217% | 1h | 4.7472 | −0.403% | $63K | — | 50x | as long as short |
Phoenix LIT
Injective LIT/USDC PERP
ApeX Omni LITUSDT
Extended LIT-USD
Bybit LITUSDT
Paradex LIT-USD-PERP
KuCoin LITUSDTM
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Aevo LIT-PERP
Perpl LIT
Aftermath Perps LITUSD
Aster LITUSDT
Hyperliquid LIT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]