Spread before costs (cost unknown: a leg has no order-book sample)+0.181%
7d average—if it closes, per $10,000$18funding while held, a day+$30.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7967 | −0.0660 | get 0.0083% / 1h | 23m 56s | $32K | $22K | 10x |
| Short | Lighter RH LIT | 4.8054 | 0.0368 | get 0.0046% / 1h | 23m 56s | $3.8M | $13.9M | 5x |
Deribit LIT_USDC-PERPETUAL
Lighter RH LITPrice 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
- $18.1
- Funding while held
- $30.85
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $41.94
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Lighter RH: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1028%
- Per $10,000 a day
- +$30.85
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 6 min ago | 1.35 bp | 5.5 bp −$6 | 15.3 bp −$153 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective4.6640cheapestParadex4.7914+2.731%Binance4.7923+2.751%Extended4.7924+2.753%Orderly4.7926+2.757%OKX4.7944+2.796%MEXC4.7944+2.796%Bybit4.7950+2.809%Bitget4.7960+2.830%Phemex4.7960+2.830%01 Exchange4.7963+2.837%
Injective
Paradex
Binance
Extended
Orderly
OKX
MEXC
Bybit
Bitget
PhemexDeribit4.7967+2.846%
Gate4.7970+2.852%SoDEX4.7972+2.856%Bullet4.7984+2.882%Nado4.7990+2.895%Backpack4.7990+2.895%Hyperliquid4.7992+2.899%KuCoin4.7996+2.907%Bulk4.7997+2.910%Aevo4.7998+2.913%BloFin4.8003+2.922%gTrade (Gains Network)4.8008+2.934%Derive4.8010+2.938%dYdX4.8011+2.940%SunX4.8014+2.946%Arcus4.8015+2.948%GMX4.8015+2.949%Lighter4.8030+2.980%Perpl4.8030+2.980%Polymarket Perps4.8031+2.982%Pacifica4.8032+2.985%Aster4.8034+2.989%RISEx4.8053+3.029%
Gate
SoDEX
Bullet
Nado
Backpack
Hyperliquid
KuCoin
Bulk
Aevo
BloFin
gTrade (Gains Network)
Derive
dYdX
SunX
Arcus
GMX
Lighter
Perpl
Polymarket Perps
Pacifica
Aster
RISExLighter RH4.8054+3.032%
Aftermath Perps4.8059+3.043%HTX4.8074+3.075%Phoenix4.8127+3.188%Coinbase International4.8131+3.196%ApeX Omni4.8140+3.216%edgeX4.8155+3.249%
HTX
Phoenix
Coinbase International
ApeX OmniLIT on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | −2.767% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| Paradex LIT-USD-PERP | −0.111% | +0.0037% | 8h | $5K | $1K | 5x | as long as short |
| Binance LITUSDT | −0.092% | +0.0100% | 4h | $75.6M | $80.7M | 75x | as long as short |
| Extended LIT-USD | −0.090% | +0.0104% | 1h | $5.4M | $5.1M | 25x | as long as short |
| Orderly PERP_LIT_USDC | −0.086% | −0.0405% | 4h | $33K | $2K | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.048% | −0.0373% | 4h | $25.2M | $60.8M | 50x | as long as short |
| MEXC LIT_USDT | −0.048% | +0.0100% | 4h | $6.5M | $4.2M | 100x | as long as short |
| Bybit LITUSDT | −0.036% | −0.0381% | 4h | $44.0M | $29.1M | 75x | as long as short |
| Bitget LITUSDT | −0.015% | +0.0100% | 4h | $7.0M | $2.6M | 20x | as long as short |
| Phemex LITUSDT | −0.015% | −0.0508% | 4h | $1.3M | $2.7M | 20x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.009% | −0.0504% | 1h | $33K | $5K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUALlong | 0.000% | −0.0660% | 1h | $32K | $22K | 10x | |
| Gate LIT_USDT | +0.006% | −0.0276% | 4h | $2.9M | $4.6M | 50x | as long as short |
| SoDEX LIT-USD | +0.010% | +0.0100% | 1h | $994 | $468K | 5x | as long as short |
| Bullet LIT-USD | +0.035% | −0.0352% | 1h | $80K | $76K | 20x | as long as short |
| Nado LIT-PERP | +0.048% | −0.0062% | 1h | $2.0M | $1.7M | 10x | as long as short |
| Backpack LIT_USDC_PERP | +0.048% | +0.0100% | 1h | $671K | $1.5M | 5x | as long as short |
| Hyperliquid LIT | +0.052% | +0.0100% | 1h | $213.9M | $45.0M | 5x | as long as short |
| KuCoin LITUSDTM | +0.060% | −0.0254% | 4h | $5.3M | $1.1M | 30x | as long as short |
| Bulk LIT-USD | +0.062% | +0.0009% | 1h | $121K | $18K | 10x | as long as short |
| Aevo LIT-PERP | +0.065% | +0.0104% | 1h | $150K | $44K | 3x | as long as short |
| BloFin LIT-USDT | +0.075% | +0.0340% | 4h | $1.6M | $2.1M | 75x | as long as short |
| gTrade (Gains Network) LIT/USD | +0.086% | L +0.0003% / S −0.0003% | 1h | $24K | — | 150x | as long as short |
| Derive LIT-PERP | +0.089% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| dYdX LIT-USD | +0.092% | 0.0000% | 1h | $34K | — | 5x | as long as short |
| SunX LIT-USDT | +0.098% | +0.0100% | 4h | $4K | $1.2M | 20x | as long as short |
| Arcus LIT-USD | +0.100% | +0.0100% | 1h | $116K | $476K | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | +0.100% | L +0.0426% / S −0.0228% | 1h | $60K | — | 50x | as long as short |
| Lighter LIT | +0.131% | +0.0096% | 1h | $59.6M | $29.9M | 5x | as long as short |
| Perpl LIT | +0.131% | +0.0447% | 43m | $32K | $878K | 33x | as long as short |
| Polymarket Perps LIT-USD | +0.133% | +0.0100% | 1h | $454K | $108K | 10x | as long as short |
| Pacifica LIT | +0.135% | +0.0100% | 1h | $602K | $1.8M | 10x | as long as short |
| Aster LITUSDT | +0.139% | +0.0100% | 4h | $12.8M | $2.7M | 50x | as long as short |
| RISEx LIT/USDC | +0.178% | −0.0017% | 1h | $834K | $2.0M | 5x | as long as short |
| Lighter RH LITshort | +0.181% | +0.0368% | 1h | $3.8M | $13.9M | 5x | |
| Aftermath Perps LITUSD | +0.192% | +0.0171% | 1h | $11K | $205K | 10x | as long as short |
| HTX LIT-USDT | +0.223% | +0.0100% | 4h | $191K | $320K | 30x | as long as short |
| Phoenix LIT | +0.333% | 0.0000% | 1h | $249K | $282K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | +0.341% | −0.0016% | 1h | $664K | $430K | 50x | as long as short |
| ApeX Omni LITUSDT | +0.360% | −0.0090% | 1h | $31K | $66K | 50x | as long as short |
| edgeX LITUSDC | +0.392% | +0.0100% | 4h | $293K | $315K | 10x | as long as short |