Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.050%
Price spread now: Paradex against Hyperliquid−0.226%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.226% cheaper against Hyperliquid than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.6709 | 0.0100 | pay 0.0013% / 1h | 41m 50s | $208.9M | $42.0M | 5x |
| Short | Paradex LIT-USD-PERP | 4.6604 | 0.0064 | get 0.0064% / 8h | 4h 41m | $6K | $2K | 5x |
Hyperliquid LIT
Paradex LIT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$7.49
- Price spread: −0.226% → 0.000%
- −$22.58
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$43.07
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; Paradex: 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, 12 min ago | 1.38 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0512% | 1h | 4.6558 | −0.323% | $32K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0434% | 1h | 4.6627 | −0.176% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.6583 | −0.270% | $32K | $1K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0252% | 1h | 4.6653 | −0.120% | $659K | $1.4M | 5x | as long as short |
| Bullet LIT-USD | −0.0247% | 1h | 4.6618 | −0.196% | $83K | $68K | 20x | as long as short |
| Gate LIT_USDT | −0.0232% | 4h | 4.6660 | −0.105% | $2.7M | $4.3M | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | +0.297% | $612K | $404K | 50x | as long as short |
| Phemex LITUSDT | −0.0135% | 4h | 4.6630 | −0.169% | $1.3M | $2.8M | 20x | as long as short |
| Extended LIT-USD | −0.0056% | 1h | 4.6603 | −0.227% | $5.1M | $5.0M | 25x | as long as short |
| Nado LIT-PERP | −0.0054% | 1h | 4.6616 | −0.198% | $2.1M | $1.7M | 10x | as long as short |
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Backpack LIT_USDC_PERP
Bullet LIT-USD
Gate LIT_USDT
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
Extended LIT-USD
Nado LIT-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0034% | 1h | 4.6711 | +0.004% | $201K | $305K | 5x | as long as short |
| Bybit LITUSDT | −0.0027% | 4h | 4.6605 | −0.223% | $41.1M | $28.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0020% | 4h | 4.6666 | −0.092% | $5.2M | $1.0M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0003% | 4h | 4.6624 | −0.182% | $25.0M | $61.2M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6661 | −0.102% | $33K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6658 | −0.110% | $11K | — | 150x | as long as short |
| ApeX Omni LITUSDT | +0.0026% | 1h | 4.6660 | −0.105% | $56K | $76K | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.850% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERPshort | +0.0064% | 8h | 4.6604 | −0.226% | $6K | $2K | 5x | |
| Polymarket Perps LIT-USD | +0.0067% | 1h | 4.6631 | −0.167% | $436K | $109K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0072% | 4h | 4.6672 | −0.080% | $904K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6646 | −0.134% | $778K | $2.1M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6677 | −0.069% | $58.1M | $28.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.6690 | −0.041% | $3.6M | $13.1M | 5x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.6709 | long leg | $208.9M | $42.0M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.6653 | −0.120% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6604 | −0.225% | $74.5M | $79.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6707 | −0.004% | $121K | $455K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6609 | −0.214% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6630 | −0.169% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6650 | −0.126% | $284K | $305K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6655 | −0.115% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6647 | −0.133% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6640 | −0.148% | $1K | $390K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6716 | +0.015% | $197K | $388K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6625 | −0.179% | $116K | $1K | 10x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6617 | −0.198% | $146K | — | 3x | as long as short |
| Aster LITUSDT | +0.0186% | 4h | 4.6696 | −0.028% | $12.5M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0213% | 1h | 4.6718 | +0.018% | $8K | $206K | 10x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6667 | −0.089% | $31K | $791K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6592 | −0.250% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0418% / S −0.0217% | 1h | 4.6650 | −0.127% | $62K | — | 50x | as long as short |
Phoenix LIT
Bybit LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Injective LIT/USDC PERP
Polymarket Perps LIT-USD
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Lighter LIT
Lighter RH LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]