LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.085%

Price spread now: Deribit against Bullet−0.145%68s7-day average — · you buy dearer than you sell

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

Long on Bullet Short on Deribit

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. Deribit is 0.145% cheaper against Bullet than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 7.7 days of funding at the current rate (+$2 a day). The two prices were read 68 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	Bullet LIT-USD	4.7761	−0.0226	get 0.0028% / 1h	55m 13s	$85K	$66K	20x
Short	Deribit LIT_USDC-PERPETUAL	4.7692	−0.0163	pay 0.0020% / 1h	55m 13s	$42K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bullet. 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 BulletbpFee DeribitbpOrdersPrice spread, now −0.145%Rate

Funding earned: $13.22
Price spread: −0.145% → 0.000%: −$14.45
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$16.24
Costs to cover: 0.150%
Break-even: 15.6 days

Slippage unknown: Bullet: no order-book sample; Deribit: 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 Bullet no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Bullet and Deribit: 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	4.8177	+0.872%	$610K	$370K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7648	−0.236%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.7686	−0.156%	$31K	$3K	5x	as long as short
Bullet LIT-USDlong	−0.0226%	1h	4.7761	long leg	$85K	$66K	20x
OKX LIT-USDT-SWAP	−0.0170%	4h	4.7684	−0.161%	$25.6M	$62.3M	50x	as long as short
Deribit LIT_USDC-PERPETUALshort	−0.0163%	1h	4.7692	−0.145%	$42K	$40K	10x
GRVT LIT_USDT_Perp	−0.0070%	4h	4.7891	+0.273%	$889K	$1.9M	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.7776	+0.032%	$205K	$301K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7752	−0.019%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7720	−0.084%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	+0.0009%	1h	4.7990	+0.480%	$57K	$75K	50x	as long as short
Backpack LIT_USDC_PERP	+0.0029%	1h	4.7761	+0.001%	$673K	$1.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.585%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0049%	1h	4.7699	−0.129%	$448K	$83K	10x	as long as short
KuCoin LITUSDTM	+0.0078%	4h	4.7757	−0.008%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7729	−0.065%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7738	−0.048%	$59.4M	$27.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7691	−0.145%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7776	+0.032%	$612K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7675	−0.180%	$76.4M	$77.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7680	−0.169%	$41.3M	$28.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7723	−0.079%	$123K	$465K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7720	−0.085%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7700	−0.127%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7720	−0.085%	$6.8M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8093	+0.695%	$294K	$302K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7702	−0.122%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7689	−0.150%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7683	−0.163%	$1K	$336K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7823	+0.130%	$199K	$343K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7680	−0.169%	$1.3M	$2.8M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8185	+0.889%	$120K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7673	−0.184%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7675	−0.180%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7730	−0.064%	$32K	$691K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7728	−0.068%	$795K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0197%	1h	4.8062	+0.631%	$9K	$220K	10x	as long as short
Hyperliquid LIT	+0.0223%	1h	4.7794	+0.069%	$215.6M	$41.8M	5x	as long as short
Aster LITUSDT	+0.0229%	4h	4.7748	−0.026%	$12.8M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0232%	1h	4.7750	−0.022%	$3.6M	$13.1M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7680	−0.169%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7710	−0.106%	$64K	—	50x	as long as short