LIT

Alert: funding

Alert: spread

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: Derive against Injective−2.882%61s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Derive

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

Funding pays, the price is against you. Derive is 2.882% cheaper against Injective than usual: you would sell low and buy high (spread −2.882% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$288 on $10k: about 5 months of funding at the current rate (+$2 a day). The two prices were read 61 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	Injective LIT/USDC PERP	4.8040	0.0033	pay 0.0004% / 1h	41m 51s	$422	$178K	5.5x
Short	Derive LIT-PERP	4.6655	0.0100	get 0.0013% / 1h	41m 51s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Injective. 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 InjectivebpFee DerivebpOrdersPrice spread, now −2.882%Rate

Funding earned: $14
Price spread: −2.882% → 0.000%: −$288.21
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Derive: 3 bp × 2 orders: −$6
Net: −$280.23
Costs to cover: 0.060%
Break-even: 147.1 days

Slippage unknown: Injective: no order-book sample; Derive: 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 Injective no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

Injective and 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	4.6558	−3.085%	$32K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0434%	1h	4.6627	−2.942%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.6583	−3.033%	$32K	$1K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0252%	1h	4.6653	−2.887%	$659K	$1.4M	5x	as long as short
Bullet LIT-USD	−0.0247%	1h	4.6618	−2.961%	$83K	$68K	20x	as long as short
Gate LIT_USDT	−0.0232%	4h	4.6660	−2.873%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−2.482%	$612K	$404K	50x	as long as short
Phemex LITUSDT	−0.0135%	4h	4.6630	−2.935%	$1.3M	$2.8M	20x	as long as short
Extended LIT-USD	−0.0056%	1h	4.6603	−2.992%	$5.1M	$5.0M	25x	as long as short
Nado LIT-PERP	−0.0054%	1h	4.6616	−2.963%	$2.1M	$1.7M	10x	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	−2.766%	$201K	$305K	5x	as long as short
Bybit LITUSDT	−0.0027%	4h	4.6605	−2.987%	$41.1M	$28.7M	75x	as long as short
KuCoin LITUSDTM	−0.0020%	4h	4.6666	−2.860%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0003%	4h	4.6624	−2.948%	$25.0M	$61.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6661	−2.870%	$33K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6658	−2.877%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0026%	1h	4.6660	−2.873%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERPlong	+0.0033%	1h	4.8040	long leg	$422	$178K	5.5x
Paradex LIT-USD-PERP	+0.0064%	8h	4.6604	−2.990%	$6K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0067%	1h	4.6631	−2.933%	$436K	$109K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.6672	−2.848%	$904K	$1.8M	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6646	−2.901%	$778K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6677	−2.837%	$58.1M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6690	−2.810%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6709	−2.771%	$208.9M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6653	−2.887%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6604	−2.989%	$74.5M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6707	−2.775%	$121K	$455K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6609	−2.979%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6630	−2.935%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6650	−2.893%	$284K	$305K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.6655	−2.882%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.6647	−2.900%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6640	−2.914%	$1K	$390K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6716	−2.756%	$197K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6625	−2.945%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6617	−2.963%	$146K	—	3x	as long as short
Aster LITUSDT	+0.0186%	4h	4.6696	−2.798%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0213%	1h	4.6718	−2.753%	$8K	$206K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6667	−2.857%	$31K	$791K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6592	−3.014%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6650	−2.894%	$62K	—	50x	as long as short