LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.021%

Price spread now: Backpack against Derive+0.001%7-day average — · you sell dearer than you buy

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

Long on Derive Short on Backpack

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive LIT-PERP	4.7368	0.0100	pay 0.0013% / 1h	5m 48s	$2K	—	6.7x
Short	Backpack LIT_USDC_PERP	4.7368	0.0089	get 0.0011% / 1h	5m 48s	$682K	$1.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Derive. 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 DerivebpFee BackpackbpOrdersPrice spread, now +0.001%Rate

Funding earned: −$2.31
Price spread: +0.001% → 0.000%: $0.1
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$18.21
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Backpack: live order book, 3 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell Backpack live order book, 3 min ago	0.63 bp	5.8 bp −$6	15.7 bp −$157	doesn't fit	doesn't fit

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	−0.0875%	1h	4.7324	−0.092%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0818%	4h	4.7340	−0.058%	$2.8M	$4.6M	50x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7265	−0.216%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0539%	4h	4.7265	−0.216%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0364%	1h	4.7323	−0.094%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0337%	4h	4.7324	−0.092%	$25.6M	$64.0M	50x	as long as short
Phemex LITUSDT	−0.0306%	4h	4.7330	−0.079%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0158%	4h	4.7343	−0.052%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.508%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7370	+0.005%	$907K	$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	4.7375	+0.016%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7349	−0.039%	$31K	$853K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7363	−0.009%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7371	+0.008%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7374	+0.015%	$815K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.420%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0034%	8h	4.7293	−0.157%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0050%	4h	4.7293	−0.157%	$42.6M	$30.2M	75x	as long as short
Backpack LIT_USDC_PERPshort	+0.0089%	1h	4.7368	+0.001%	$682K	$1.4M	5x
Lighter LIT	+0.0096%	1h	4.7393	+0.054%	$59.2M	$30.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7305	−0.132%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7409	+0.088%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7325	−0.090%	$589K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7283	−0.179%	$75.4M	$82.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7330	−0.079%	$117K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7291	−0.162%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7317	−0.107%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7330	−0.079%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7315	−0.110%	$288K	$310K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7340	−0.058%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7354	−0.029%	$447K	$105K	10x	as long as short
Derive LIT-PERPlong	+0.0100%	1h	4.7368	long leg	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.7289	−0.166%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7345	−0.048%	$999	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7352	−0.033%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7276	−0.194%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7299	−0.145%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0183%	1h	4.7356	−0.025%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7416	+0.102%	$3.7M	$14.0M	5x	as long as short
Hyperliquid LIT	+0.0201%	1h	4.7402	+0.073%	$212.6M	$45.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7317	−0.107%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7366	−0.004%	$62K	—	50x	as long as short