Funding you earn now, next payment 01:00 UTC+0.0405%/8h= +44.4% APRnext payment +$0.51 per $10,000 · paid last 24h +0.116%
Price spread now: Bullet against Deribit−0.041%7-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. Bullet is 0.041% cheaper against Deribit than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7226 | −0.0713 | get 0.0089% / 1h | 55m 43s | $41K | $40K | 10x |
| Short | Bullet LIT-USD | 4.7207 | −0.0307 | pay 0.0038% / 1h | 55m 43s | $84K | $77K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Deribit. 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
- $85.1
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $66.02
- Costs to cover
- 0.150%
- Break-even
- 1.6 days
Slippage unknown: Deribit: no order-book sample; Bullet: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Deribit and Bullet: 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-PERPETUALlong | −0.0713% | 1h | 4.7226 | long leg | $41K | $40K | 10x | |
| 01 Exchange LITUSD | −0.0664% | 1h | 4.7150 | −0.162% | $33K | $4K | 5x | as long as short |
| Gate LIT_USDT | −0.0576% | 4h | 4.7220 | −0.013% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0534% | 4h | 4.7180 | −0.098% | $32K | $2K | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0311% | 4h | 4.7162 | −0.136% | $25.6M | $63.9M | 50x | as long as short |
| Bullet LIT-USDshort | −0.0307% | 1h | 4.7207 | −0.041% | $84K | $77K | 20x | |
| Phemex LITUSDT | −0.0268% | 4h | 4.7230 | +0.008% | $1.4M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0176% | 4h | 4.7141 | −0.181% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7414 | +0.397% | $670K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0086% | 4h | 4.7292 | +0.138% | $906K | $1.8M | 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 | −0.0050% | 1h | 4.7209 | −0.037% | $205K | $361K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0025% | 1h | 4.7253 | +0.057% | $680K | $1.4M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7193 | −0.071% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7221 | −0.011% | $31K | $857K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7250 | +0.050% | $35K | — | 150x | as long as short |
| Polymarket Perps LIT-USD | +0.0014% | 1h | 4.7202 | −0.051% | $446K | $105K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0027% | 8h | 4.7125 | −0.214% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.723% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0079% | 4h | 4.7140 | −0.183% | $42.5M | $30.4M | 75x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7211 | −0.032% | $59.0M | $29.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7205 | −0.045% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7228 | +0.004% | $211.8M | $45.1M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7231 | +0.010% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7184 | −0.090% | $586K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7130 | −0.204% | $75.2M | $82.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7170 | −0.119% | $116K | $459K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7190 | −0.077% | $118K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7131 | −0.202% | $5.6M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7210 | −0.035% | $6.7M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7271 | +0.094% | $288K | $312K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7340 | +0.241% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7262 | +0.076% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7183 | −0.092% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7235 | +0.018% | $999 | $471K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7275 | +0.103% | $189K | $347K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7186 | −0.085% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7266 | +0.084% | $148K | $44K | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7236 | +0.020% | $796K | $2.1M | 5x | as long as short |
| Lighter RH LIT | +0.0152% | 1h | 4.7231 | +0.010% | $3.7M | $13.6M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0229% | 1h | 4.7305 | +0.166% | $13K | $203K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7241 | +0.031% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0381% / S −0.0173% | 1h | 4.7240 | +0.029% | $62K | — | 50x | as long as short |
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
01 Exchange LITUSD
Gate LIT_USDT
OKX LIT-USDT-SWAP
Phemex LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LIT
Backpack LIT_USDC_PERP
gTrade (Gains Network) LIT/USD
Polymarket Perps LIT-USD
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
Bybit LITUSDT
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
RISEx LIT/USDC
Lighter RH LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]