Funding you earn now, next payment 01:00 UTC−0.0579%/8h= −63.4% APRpaid last 24h −0.159%
Price spread now: Orderly against Bulk−0.051%45s7-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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Orderly is 0.051% cheaper against Bulk than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Bulk LIT-USD | 4.7660 | 0.0100 | pay 0.0013% / 1h | 7m 41s | $119K | $1K | 10x |
| Short | Orderly PERP_LIT_USDC | 4.7636 | −0.0479 | pay 0.0240% / 4h | 3h 07m | $33K | $2K | 10x |
Bulk LIT-USD
Orderly PERP_LIT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bulk. 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
- −$121.67
- Price spread: −0.051% → 0.000%
- −$5.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$139.76
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 1 min ago; Orderly: 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 Bulk live order book, 1 min ago | 0.42 bp | 8.1 bp −$8 | 16.1 bp −$161 | 48.0 bp −$4,800 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0891% | 1h | 4.7692 | +0.067% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDCshort | −0.0479% | 4h | 4.7636 | −0.051% | $33K | $2K | 10x | |
| 01 Exchange LITUSD | −0.0440% | 1h | 4.7710 | +0.104% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0378% | 1h | 4.7701 | +0.085% | $85K | $72K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0196% | 4h | 4.7775 | +0.241% | $26.0M | $63.7M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0186% | 1h | 4.7690 | +0.062% | $57K | $77K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0132% | 4h | 4.7739 | +0.165% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7783 | +0.257% | $676K | $392K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0072% | 4h | 4.7657 | −0.008% | $912K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7775 | +0.241% | $208K | $361K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7732 | +0.150% | $32K | $849K | 33x | as long as short |
| dYdX LIT-USD | +0.0002% | 1h | 4.7812 | +0.318% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7750 | +0.188% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.797% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0046% | 8h | 4.7759 | +0.207% | $7K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0075% | 1h | 4.7714 | +0.113% | $451K | $104K | 10x | as long as short |
| Nado LIT-PERP | +0.0082% | 1h | 4.7685 | +0.052% | $2.2M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7848 | +0.394% | $59.8M | $30.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7814 | +0.323% | $12.8M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7781 | +0.253% | $592K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7754 | +0.196% | $76.3M | $79.8M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7753 | +0.195% | $43.0M | $29.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7780 | +0.251% | $118K | $448K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.7660 | long leg | $119K | $1K | 10x | |
| Gate LIT_USDT | +0.0100% | 4h | 4.7750 | +0.188% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7757 | +0.203% | $5.6M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7810 | +0.314% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7768 | +0.226% | $692K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7637 | −0.048% | $290K | $308K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7738 | +0.163% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7719 | +0.123% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7697 | +0.077% | $1K | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7740 | +0.167% | $191K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7690 | +0.062% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7739 | +0.165% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7685 | +0.051% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7809 | +0.311% | $797K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7863 | +0.425% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0320% | 1h | 4.7871 | +0.442% | $214.9M | $43.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7661 | +0.002% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0353% | 1h | 4.7721 | +0.128% | $9K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0400% / S −0.0190% | 1h | 4.7748 | +0.185% | $64K | — | 50x | as long as short |
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
Nado LIT-PERP
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]