Funding you earn now, next payment 03:48 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.012%
Price spread now: Hyperliquid against Perpl+0.194%7-day average +0.098% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.194%, 7d avg +0.098%
=Together, before fees+0.182%+ Points / potential airdropPerpl: Active · Hyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.096% dearer against Perpl than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.098%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 28 days. Mind the row above: over the last 7 days funding on this pair paid +0.280%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.7023 | 0.0112 | pay 0.0010% / 43m | 31m 43s | $31K | $750K | 33x |
| Short | Hyperliquid LIT | 4.7114 | 0.0100 | get 0.0013% / 1h | 34m 43s | $210.3M | $41.5M | 5x |
Perpl LIT
Hyperliquid LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Perpl. 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
- −$2.44
- Price spread: +0.194% → +0.098%
- $9.61
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.63
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Hyperliquid: live order book, 9 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 2.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Perpl: 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 | −0.0424% | 1h | 4.6991 | −0.068% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0386% | 4h | 4.6930 | −0.198% | $32K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6904 | −0.253% | $613K | $352K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0264% | 1h | 4.6949 | −0.157% | $33K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0241% | 1h | 4.6991 | −0.068% | $84K | $67K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0108% | 1h | 4.7030 | +0.015% | $56K | $76K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0020% | 4h | 4.7044 | +0.045% | $25.3M | $61.1M | 50x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7057 | +0.073% | $202K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.6996 | −0.057% | $790K | $2.2M | 5x | as long as short |
| Nado LIT-PERP | −0.0004% | 1h | 4.6970 | −0.112% | $2.2M | $1.7M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
Phoenix LIT
RISEx LIT/USDC
Nado LIT-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | 0.0000% | 1h | 4.7062 | +0.083% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7017 | −0.012% | $11K | — | 150x | as long as short |
| KuCoin LITUSDTM | +0.0012% | 4h | 4.7022 | −0.002% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.163% | $422 | $178K | 5.5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0042% | 4h | 4.6885 | −0.292% | $900K | $1.8M | 10x | as long as short |
| Bybit LITUSDT | +0.0072% | 4h | 4.7050 | +0.058% | $41.1M | $29.1M | 75x | as long as short |
| Phemex LITUSDT | +0.0078% | 4h | 4.6970 | −0.112% | $1.3M | $2.8M | 20x | as long as short |
| Paradex LIT-USD-PERP | +0.0079% | 8h | 4.6984 | −0.082% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7094 | +0.151% | $58.8M | $28.3M | 5x | as long as short |
| Hyperliquid LITshort | +0.0100% | 1h | 4.7114 | +0.194% | $210.3M | $41.5M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.7052 | +0.062% | $572K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7026 | +0.007% | $75.5M | $79.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7040 | +0.036% | $115K | $446K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6970 | −0.112% | $117K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7040 | +0.036% | $2.7M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7027 | +0.009% | $5.7M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7050 | +0.058% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7022 | −0.002% | $659K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7006 | −0.037% | $287K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6994 | −0.061% | $439K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7019 | −0.008% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6990 | −0.070% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6993 | −0.064% | $1K | $374K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7083 | +0.128% | $199K | $358K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7011 | −0.025% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6938 | −0.180% | $147K | — | 3x | as long as short |
| Perpl LITlong | +0.0112% | 43m | 4.7023 | long leg | $31K | $750K | 33x | |
| Aftermath Perps LITUSD | +0.0151% | 1h | 4.7058 | +0.074% | $9K | $206K | 10x | as long as short |
| Lighter RH LIT | +0.0232% | 1h | 4.7118 | +0.202% | $3.7M | $13.2M | 5x | as long as short |
| Aster LITUSDT | +0.0247% | 4h | 4.7097 | +0.157% | $12.6M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6976 | −0.100% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0435% / S −0.0231% | 1h | 4.7020 | −0.007% | $65K | — | 50x | as long as short |
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Injective LIT/USDC PERP
GRVT LIT_USDT_Perp
Bybit LITUSDT
Phemex LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]