Funding you earn now, next payment 22:00 UTC+0.0448%/8h= +49.0% APRnext payment +$0.56 per $10,000 · paid last 24h +0.088%
Price spread now: Derive against Bullet+0.113%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and Derive is 0.113% dearer against Bullet than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet LIT-USD | 4.7588 | −0.0348 | get 0.0043% / 1h | 14m 15s | $86K | $81K | 20x |
| Short | Derive LIT-PERP | 4.7642 | 0.0100 | get 0.0013% / 1h | 14m 15s | $2K | $1K | 6.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Bullet. 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
- $93.99
- Price spread: +0.113% → 0.000%
- $11.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $91.31
- Costs to cover
- 0.140%
- Break-even
- 0.2 days
Slippage unknown: Bullet: 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Bullet 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1225% | 1h | 4.7603 | +0.032% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0611% | 4h | 4.7535 | −0.111% | $33K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0587% | 4h | 4.7580 | −0.017% | $1.3M | $2.7M | 20x | as long as short |
| Gate LIT_USDT | −0.0562% | 4h | 4.7610 | +0.046% | $2.8M | $4.5M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7536 | −0.109% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USDlong | −0.0348% | 1h | 4.7588 | long leg | $86K | $81K | 20x | |
| OKX LIT-USDT-SWAP | −0.0336% | 4h | 4.7596 | +0.017% | $25.1M | $62.3M | 50x | as long as short |
| Bybit LITUSDT | −0.0294% | 4h | 4.7610 | +0.046% | $43.0M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0280% | 4h | 4.7654 | +0.139% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0250% | 4h | 4.7582 | −0.013% | $901K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0237% | 1h | 4.7629 | +0.086% | $669K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.280% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0075% | 1h | 4.7593 | +0.010% | $12K | $199K | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7660 | +0.151% | $247K | $321K | 5x | as long as short |
| SoDEX LIT-USD | −0.0031% | 1h | 4.7597 | +0.019% | $1K | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0023% | 8h | 4.7558 | −0.062% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7646 | +0.121% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7664 | +0.160% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7636 | +0.100% | $830K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0020% | 1h | 4.7597 | +0.019% | $449K | $105K | 10x | as long as short |
| Nado LIT-PERP | +0.0022% | 1h | 4.7577 | −0.022% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.950% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0044% | 4h | 4.7574 | −0.029% | $5.8M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0045% | 4h | 4.7569 | −0.041% | $75.3M | $81.5M | 75x | as long as short |
| edgeX LITUSDC | +0.0046% | 4h | 4.7599 | +0.023% | $290K | $312K | 10x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7574 | −0.029% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7673 | +0.179% | $59.8M | $30.1M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7680 | +0.193% | $212.4M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7663 | +0.158% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7638 | +0.105% | $587K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7599 | +0.023% | $117K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7610 | +0.046% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7650 | +0.130% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.7642 | +0.113% | $2K | $1K | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7615 | +0.057% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7651 | +0.132% | $191K | $329K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7454 | −0.282% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7583 | −0.010% | $5.3M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7631 | +0.091% | $31K | $839K | 33x | as long as short |
| BloFin LIT-USDT | +0.0182% | 4h | 4.7612 | +0.050% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7642 | +0.113% | $60K | — | 50x | as long as short |
| Lighter RH LIT | +0.0432% | 1h | 4.7698 | +0.231% | $3.7M | $14.2M | 5x | as long as short |
Bullet LIT-USD
Derive LIT-PERP
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
Gate LIT_USDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
edgeX LITUSDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
SunX LIT-USDT
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT