After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.077%7d average+0.052%fees + slippage, in and out−$40spread needed0.403%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CC | 0.1174 | 0.0536 | pay 0.0067% / 1h | 33m 45s | $5.4M | $1.0M | 3x |
| Short | Lighter CC | 0.1173 | 0.0096 | get 0.0012% / 1h | 33m 45s | $236K | $136K | 5x |
Hyperliquid CC
Lighter CCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.67
- Funding while held
- −$13.21
- Slippage, 4 orders
- −$31.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$61.14
- Spread needed to break even
- 0.403%
Slippage from Hyperliquid: live order book, 10 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0440%
- Per $10,000 a day
- −$13.21
- Average in range /8h
- —
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, 10 min ago | 1.27 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 6.81 bp | 8.4 bp −$8 | 238.7 bp −$2,387 | doesn't fit | doesn't fit |
CC price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1058cheapest
Gate0.1171+10.662%Binance0.1171+10.663%Derive0.1171+10.687%Bybit0.1171+10.699%MEXC0.1171+10.699%Bitget0.1171+10.709%Paradex0.1171+10.710%OKX0.1171+10.718%BingX0.1172+10.747%Backpack0.1172+10.766%KuCoin0.1173+10.832%GMX0.1173+10.836%Aster0.1173+10.860%
Injective
Gate
Binance
Derive
Bybit
MEXC
Bitget
Paradex
OKX
BingX
Backpack
KuCoin
GMX
AsterLighter0.1173+10.870%
Variational Omni0.1173+10.888%BloFin0.1174+10.936%
Variational Omni
BloFinHyperliquid0.1174+10.955%
CC on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −9.873% | −0.4219% | 1h | $5K | $98 | 5.5x | as long as short |
| Gate CC_USDT | −0.264% | +0.0100% | 4h | $363K | $195K | 50x | as long as short |
| Binance CCUSDT | −0.263% | +0.0100% | 4h | $11.4M | $9.7M | 75x | as long as short |
| Derive CC-PERP | −0.242% | +0.0100% | 1h | $5K | $35K | 6.7x | as long as short |
| Bybit CCUSDT | −0.230% | +0.0100% | 4h | $10.4M | $3.4M | 25x | as long as short |
| MEXC CC_USDT | −0.230% | +0.0100% | 4h | $1.8M | $266K | 100x | as long as short |
| Bitget CCUSDT | −0.221% | +0.0100% | 4h | $950K | $730K | 20x | as long as short |
| Paradex CC-USD-PERP | −0.221% | +0.0094% | 8h | $1K | — | 5x | as long as short |
| OKX CC-USDT-SWAP | −0.213% | +0.0100% | 4h | $2.5M | $3.3M | 20x | as long as short |
| BingX CC-USDT | −0.187% | +0.0100% | 4h | — | $6.6M | — | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack CC_USDC_PERP | −0.170% | +0.0100% | 1h | $12K | $16K | 10x | as long as short |
| KuCoin CCUSDTM | −0.111% | +0.0100% | 4h | $477K | $110K | 50x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | −0.106% | L +0.0446% / S −0.0239% | 1h | $44K | — | 50x | as long as short |
| Aster CCUSDT | −0.085% | +0.0100% | 4h | $37K | $32K | 20x | as long as short |
| Lighter CCshort | −0.077% | +0.0096% | 1h | $236K | $136K | 5x | |
| Variational Omni CC | −0.060% | +0.0100% | 4h | $588K | $41K | — | as long as short |
| BloFin CC-USDT | −0.017% | +0.0340% | 4h | $443K | $103K | 75x | as long as short |
| Hyperliquid CClong | 0.000% | +0.0536% | 1h | $5.4M | $1.0M | 3x |