Spread before costs (cost unknown: a leg has no order-book sample)−0.194%
7d average—if it closes, per $10,000$19funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive LIT-PERP | 4.8005 | 0.0100 | pay 0.0013% / 1h | 41m 47s | $2K | $1K | 6.7x |
| Short | Hyperliquid LIT | 4.7912 | 0.0100 | get 0.0013% / 1h | 41m 47s | $213.4M | $47.1M | 5x |
Derive LIT-PERP
Hyperliquid 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
- −$19.45
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$34.45
- Spread needed to break even
- 0.150%
Slippage unknown: Derive: no order-book sample; Hyperliquid: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Derive no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 4 min ago | 0.83 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
Derive: 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.Injective4.6640cheapestCoinbase International4.7797+2.480%OKX4.7873+2.644%Binance4.7877+2.652%Bybit4.7890+2.680%Extended4.7895+2.692%MEXC4.7897+2.695%SoDEX4.7904+2.710%
Injective
Coinbase International
OKX
Binance
Bybit
Extended
MEXC
SoDEXHyperliquid4.7912+2.727%
Bitget4.7920+2.744%Phemex4.7920+2.744%Orderly4.7921+2.747%KuCoin4.7938+2.783%Paradex4.7939+2.784%Arcus4.7939+2.785%01 Exchange4.7940+2.787%Gate4.7940+2.787%Lighter4.7944+2.796%Deribit4.7953+2.815%Aevo4.7959+2.828%Aster4.7965+2.840%Backpack4.7966+2.843%RISEx4.7967+2.845%Bullet4.7970+2.852%Pacifica4.7980+2.873%BloFin4.7984+2.882%dYdX4.7992+2.899%Nado4.7995+2.905%Polymarket Perps4.8004+2.925%
Bitget
Phemex
Orderly
KuCoin
Paradex
Arcus
Gate
Lighter
Deribit
Aevo
Aster
Backpack
RISEx
Bullet
Pacifica
BloFin
dYdX
Nado
Polymarket PerpsDerive4.8005+2.928%
gTrade (Gains Network)4.8014+2.947%Bulk4.8018+2.956%ApeX Omni4.8020+2.959%SunX4.8021+2.961%GMX4.8025+2.969%HTX4.8031+2.982%Lighter RH4.8033+2.987%Perpl4.8042+3.006%edgeX4.8056+3.037%Phoenix4.8060+3.045%Aftermath Perps4.8138+3.211%
gTrade (Gains Network)
Bulk
ApeX Omni
SunX
GMX
HTX
Lighter RH
Perpl
PhoenixLIT on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | −2.844% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.435% | +0.0008% | 1h | $649K | $404K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.276% | −0.0322% | 4h | $25.5M | $61.5M | 50x | as long as short |
| Binance LITUSDT | −0.267% | +0.0100% | 4h | $75.7M | $82.0M | 75x | as long as short |
| Bybit LITUSDT | −0.240% | −0.0365% | 4h | $44.0M | $29.4M | 75x | as long as short |
| Extended LIT-USD | −0.229% | +0.0104% | 1h | $5.4M | $5.2M | 25x | as long as short |
| MEXC LIT_USDT | −0.226% | +0.0100% | 4h | $6.8M | $4.1M | 100x | as long as short |
| SoDEX LIT-USD | −0.211% | +0.0077% | 1h | $2K | $483K | 5x | as long as short |
| Hyperliquid LITshort | −0.194% | +0.0100% | 1h | $213.4M | $47.1M | 5x | |
| Bitget LITUSDT | −0.178% | +0.0100% | 4h | $7.0M | $2.5M | 20x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex LITUSDT | −0.178% | −0.0207% | 4h | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.176% | −0.0440% | 4h | $33K | $2K | 10x | as long as short |
| KuCoin LITUSDTM | −0.140% | −0.0126% | 4h | $5.3M | $1.2M | 30x | as long as short |
| Paradex LIT-USD-PERP | −0.139% | +0.0044% | 8h | $5K | $1K | 5x | as long as short |
| Arcus LIT-USD | −0.138% | +0.0100% | 1h | $108K | $480K | 5x | as long as short |
| 01 Exchange LITUSD | −0.136% | −0.0248% | 1h | $34K | $5K | 5x | as long as short |
| Gate LIT_USDT | −0.136% | −0.0584% | 4h | $2.9M | $4.6M | 50x | as long as short |
| Lighter LIT | −0.128% | +0.0112% | 1h | $59.4M | $30.3M | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.110% | −0.0583% | 1h | $32K | $22K | 10x | as long as short |
| Aevo LIT-PERP | −0.097% | +0.0104% | 1h | $150K | $44K | 3x | as long as short |
| Aster LITUSDT | −0.085% | +0.0100% | 4h | $12.8M | $2.8M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.082% | −0.0367% | 1h | $673K | $1.5M | 5x | as long as short |
| RISEx LIT/USDC | −0.080% | +0.0016% | 1h | $821K | $1.9M | 5x | as long as short |
| Bullet LIT-USD | −0.073% | −0.0284% | 1h | $85K | $79K | 20x | as long as short |
| Pacifica LIT | −0.053% | +0.0100% | 1h | $604K | $1.9M | 10x | as long as short |
| BloFin LIT-USDT | −0.045% | +0.0340% | 4h | $1.6M | $2.1M | 75x | as long as short |
| dYdX LIT-USD | −0.028% | 0.0000% | 1h | $34K | — | 5x | as long as short |
| Nado LIT-PERP | −0.022% | −0.0108% | 1h | $2.0M | $1.6M | 10x | as long as short |
| Polymarket Perps LIT-USD | −0.003% | +0.0100% | 1h | $454K | $84K | 10x | as long as short |
| Derive LIT-PERPlong | 0.000% | +0.0100% | 1h | $2K | $1K | 6.7x | |
| gTrade (Gains Network) LIT/USD | +0.019% | L +0.0003% / S −0.0003% | 1h | $38K | — | 150x | as long as short |
| Bulk LIT-USD | +0.027% | +0.0100% | 1h | $122K | $16K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.030% | +0.0048% | 1h | $34K | $65K | 50x | as long as short |
| SunX LIT-USDT | +0.033% | +0.0100% | 4h | $4K | $1.2M | 20x | as long as short |
| GMX LIT/USD [ETH-USDC] | +0.040% | L +0.0433% / S −0.0235% | 1h | $61K | — | 50x | as long as short |
| HTX LIT-USDT | +0.053% | +0.0100% | 4h | $190K | $329K | 30x | as long as short |
| Lighter RH LIT | +0.058% | +0.0288% | 1h | $3.8M | $13.5M | 5x | as long as short |
| Perpl LIT | +0.076% | 0.0000% | 43m | $32K | $888K | 33x | as long as short |
| edgeX LITUSDC | +0.106% | +0.0100% | 4h | $292K | $315K | 10x | as long as short |
| Phoenix LIT | +0.114% | 0.0000% | 1h | $249K | $281K | 5x | as long as short |
| Aftermath Perps LITUSD | +0.275% | +0.0241% | 1h | $11K | $209K | 10x | as long as short |