Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Derive+1.526%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
The price spread pays, funding is against you. Injective is 1.526% dearer against Derive than usual: you sell high and buy low (spread +1.526% now, against zero (this spread has no 7-day history yet)): +$153 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive LIT-PERP | 4.7318 | 0.0100 | pay 0.0013% / 1h | 0m 44s | $2K | — | 6.7x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 0m 44s | $422 | $178K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Derive. 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
- −$14
- Price spread: +1.526% → 0.000%
- $152.61
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $132.59
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Injective: 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 Derive no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Derive and Injective: 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 | −0.0674% | 1h | 4.7276 | −0.089% | $41K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0397% | 4h | 4.7260 | −0.122% | $1.4M | $2.8M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.0391% | 4h | 4.7212 | −0.224% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0384% | 1h | 4.7226 | −0.194% | $31K | $5K | 5x | as long as short |
| Bullet LIT-USD | −0.0343% | 1h | 4.7274 | −0.093% | $84K | $67K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −0.933% | $607K | $357K | 50x | as long as short |
| Bybit LITUSDT | −0.0203% | 4h | 4.7344 | +0.055% | $41.3M | $28.6M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0143% | 1h | 4.7170 | −0.313% | $56K | $74K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0106% | 4h | 4.7336 | +0.038% | $25.5M | $60.4M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0024% | 4h | 4.7338 | +0.043% | $5.3M | $1.0M | 30x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0017% | 1h | 4.7286 | −0.067% | $203K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7367 | +0.104% | $793K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7391 | +0.156% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7317 | −0.002% | $31K | $704K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7324 | +0.013% | $11K | — | 150x | as long as short |
| GRVT LIT_USDT_Perp | +0.0010% | 4h | 4.7206 | −0.237% | $909K | $1.8M | 10x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +1.526% | $422 | $178K | 5.5x | |
| Paradex LIT-USD-PERP | +0.0091% | 8h | 4.7315 | −0.005% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7411 | +0.197% | $59.1M | $28.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7275 | −0.091% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7417 | +0.209% | $211.8M | $40.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7376 | +0.123% | $577K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7326 | +0.017% | $75.9M | $77.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7347 | +0.062% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7207 | −0.234% | $118K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7350 | +0.068% | $2.8M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7324 | +0.013% | $5.8M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7380 | +0.131% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7333 | +0.032% | $663K | $1.2M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7216 | −0.215% | $289K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7293 | −0.053% | $445K | $87K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7318 | long leg | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7260 | −0.122% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7285 | −0.069% | $1K | $349K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7254 | −0.135% | $200K | $348K | 30x | as long as short |
| Lighter RH LIT | +0.0104% | 1h | 4.7421 | +0.218% | $3.8M | $13.2M | 5x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7331 | +0.027% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7245 | −0.154% | $148K | — | 3x | as long as short |
| Aster LITUSDT | +0.0234% | 4h | 4.7417 | +0.210% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7260 | −0.122% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0438% / S −0.0231% | 1h | 4.7324 | +0.012% | $65K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0491% | 1h | 4.7280 | −0.079% | $9K | $204K | 10x | as long as short |
Derive LIT-PERP
Injective LIT/USDC PERP
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
Bybit LITUSDT
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Phoenix LIT
RISEx LIT/USDC
gTrade (Gains Network) LIT/USD
GRVT LIT_USDT_Perp
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Lighter RH LIT
Extended LIT-USD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD