Funding you earn now, next payment 04:00 UTC−0.0321%/8h= −35.1% APRnext payment −$0.40 per $10,000 · paid last 24h −0.235%
Price spread now: Deribit against Hyperliquid−0.050%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.050% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | Hyperliquid LIT | 4.6737 | 0.0100 | pay 0.0013% / 1h | 48m 34s | $208.9M | $41.9M | 5x |
| Short | Deribit LIT_USDC-PERPETUAL | 4.6714 | −0.0221 | pay 0.0028% / 1h | 48m 34s | $41K | $40K | 10x |
Hyperliquid LIT
Deribit LIT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hyperliquid. 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
- −$67.35
- Price spread: −0.050% → 0.000%
- −$5.03
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$88.38
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; 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 Hyperliquid live order book, 5 min ago | 1.38 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0520% | 1h | 4.6605 | −0.282% | $32K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0391% | 4h | 4.6641 | −0.205% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0277% | 1h | 4.6671 | −0.142% | $84K | $68K | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0253% | 1h | 4.6733 | −0.009% | $662K | $1.4M | 5x | as long as short |
| Deribit LIT_USDC-PERPETUALshort | −0.0221% | 1h | 4.6714 | −0.050% | $41K | $40K | 10x | |
| Gate LIT_USDT | −0.0216% | 4h | 4.6670 | −0.143% | $2.7M | $4.2M | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | +0.236% | $612K | $404K | 50x | as long as short |
| Phemex LITUSDT | −0.0134% | 4h | 4.6680 | −0.122% | $1.3M | $2.8M | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0038% | 1h | 4.6740 | +0.006% | $56K | $76K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.6719 | −0.039% | $201K | $305K | 5x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Backpack LIT_USDC_PERP
Gate LIT_USDT
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
ApeX Omni LITUSDT
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0034% | 4h | 4.6670 | −0.143% | $41.2M | $28.6M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0030% | 4h | 4.6743 | +0.013% | $5.2M | $1.0M | 30x | as long as short |
| OKX LIT-USDT-SWAP | 0.0000% | 4h | 4.6676 | −0.131% | $25.1M | $61.2M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6722 | −0.033% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6708 | −0.062% | $11K | — | 150x | as long as short |
| Polymarket Perps LIT-USD | +0.0027% | 1h | 4.6677 | −0.128% | $436K | $109K | 10x | as long as short |
| Nado LIT-PERP | +0.0028% | 1h | 4.6653 | −0.179% | $2.1M | $1.7M | 10x | as long as short |
| Extended LIT-USD | +0.0032% | 1h | 4.6627 | −0.236% | $5.1M | $5.0M | 25x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.788% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0061% | 8h | 4.6634 | −0.221% | $7K | $2K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0072% | 4h | 4.6863 | +0.270% | $908K | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6702 | −0.074% | $779K | $2.1M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6699 | −0.081% | $58.2M | $28.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.6714 | −0.049% | $3.6M | $13.1M | 5x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.6737 | long leg | $208.9M | $41.9M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.6678 | −0.126% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6653 | −0.180% | $74.5M | $79.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6705 | −0.068% | $121K | $454K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6887 | +0.321% | $117K | $973 | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6655 | −0.175% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6720 | −0.036% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6866 | +0.276% | $286K | $303K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6732 | −0.011% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6698 | −0.083% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6705 | −0.068% | $1K | $390K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6716 | −0.045% | $197K | $388K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6682 | −0.118% | $146K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0156% | 1h | 4.6797 | +0.128% | $8K | $206K | 10x | as long as short |
| Aster LITUSDT | +0.0182% | 4h | 4.6725 | −0.026% | $12.5M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6720 | −0.036% | $31K | $794K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6686 | −0.109% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0418% / S −0.0217% | 1h | 4.6726 | −0.023% | $62K | — | 50x | as long as short |
Bybit LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Polymarket Perps LIT-USD
Nado LIT-PERP
Extended LIT-USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Lighter LIT
Lighter RH LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aevo LIT-PERP
Aftermath Perps LITUSD
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]