Spread before costs (cost unknown: a leg has no order-book sample)−0.039%
7d average—if it closes, per $10,000$4funding while held, a day+$5.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive LIT-PERP | 4.8380 | 0.0100 | pay 0.0013% / 1h | 14m 52s | $2K | $1K | 6.7x |
| Short | Lighter RH LIT | 4.8361 | 0.0296 | get 0.0037% / 1h | 14m 52s | $3.8M | $13.5M | 5x |
Derive LIT-PERP
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
- −$3.94
- Funding while held
- $5.88
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$4.06
- Spread needed to break even
- 0.060%
Slippage unknown: Derive: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0196%
- Per $10,000 a day
- +$5.88
- 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 Lighter RH live order book, 5 min ago | 2.38 bp | 3.3 bp −$3 | 10.9 bp −$109 | 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.Injective4.6640cheapestedgeX4.8186+3.314%BloFin4.8260+3.473%MEXC4.8266+3.486%Phemex4.8280+3.516%Extended4.8281+3.517%SoDEX4.8287+3.531%Binance4.8288+3.533%Bybit4.8290+3.538%ApeX Omni4.8290+3.538%Backpack4.8296+3.551%SunX4.8298+3.555%Gate4.8300+3.559%Orderly4.8301+3.561%KuCoin4.8306+3.572%Deribit4.8318+3.598%Hyperliquid4.8320+3.602%OKX4.8327+3.617%Lighter4.8329+3.621%Bitget4.8330+3.623%Aster4.8335+3.634%Aevo4.8351+3.668%Bullet4.8355+3.677%
Injective
BloFin
MEXC
Phemex
Extended
SoDEX
Binance
Bybit
ApeX Omni
Backpack
SunX
Gate
Orderly
KuCoin
Deribit
Hyperliquid
OKX
Lighter
Bitget
Aster
Aevo
BulletLighter RH4.8361+3.690%
Derive4.8380+3.731%
gTrade (Gains Network)4.8382+3.735%Nado4.8384+3.740%GMX4.8403+3.779%Perpl4.8404+3.782%Paradex4.8406+3.787%Polymarket Perps4.8421+3.819%HTX4.8424+3.825%Phoenix4.8429+3.836%01 Exchange4.8438+3.855%Aftermath Perps4.8455+3.892%Bulk4.8485+3.956%Arcus4.8488+3.962%RISEx4.8492+3.971%dYdX4.8534+4.062%Pacifica4.8552+4.099%Coinbase International4.8769+4.565%
gTrade (Gains Network)
Nado
GMX
Perpl
Paradex
Polymarket Perps
HTX
Phoenix
Bulk
Arcus
RISEx
dYdX
Pacifica
Coinbase InternationalLIT on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | −3.597% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| edgeX LITUSDC | −0.402% | +0.0100% | 4h | $293K | $314K | 10x | as long as short |
| BloFin LIT-USDT | −0.248% | +0.0340% | 4h | $1.6M | $2.2M | 75x | as long as short |
| MEXC LIT_USDT | −0.236% | +0.0100% | 4h | $7.0M | $4.2M | 100x | as long as short |
| Phemex LITUSDT | −0.207% | +0.0031% | 4h | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | −0.206% | +0.0104% | 1h | $5.4M | $5.2M | 25x | as long as short |
| SoDEX LIT-USD | −0.192% | +0.0100% | 1h | $2K | $490K | 5x | as long as short |
| Binance LITUSDT | −0.190% | +0.0100% | 4h | $76.4M | $82.5M | 75x | as long as short |
| Bybit LITUSDT | −0.186% | −0.0350% | 4h | $44.4M | $29.1M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.186% | −0.0212% | 1h | $33K | $64K | 50x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.174% | −0.0353% | 1h | $673K | $1.4M | 5x | as long as short |
| SunX LIT-USDT | −0.170% | +0.0100% | 4h | $5K | $1.2M | 20x | as long as short |
| Gate LIT_USDT | −0.165% | −0.0960% | 4h | $2.9M | $4.8M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.163% | −0.0467% | 4h | $33K | $2K | 10x | as long as short |
| KuCoin LITUSDTM | −0.153% | −0.0090% | 4h | $5.3M | $1.2M | 30x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.128% | −0.0492% | 1h | $33K | $22K | 10x | as long as short |
| Hyperliquid LIT | −0.124% | +0.0100% | 1h | $216.1M | $46.6M | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.110% | −0.0302% | 4h | $26.1M | $62.2M | 50x | as long as short |
| Lighter LIT | −0.106% | +0.0112% | 1h | $59.7M | $30.9M | 5x | as long as short |
| Bitget LITUSDT | −0.103% | +0.0100% | 4h | $7.0M | $2.5M | 20x | as long as short |
| Aster LITUSDT | −0.093% | +0.0100% | 4h | $12.9M | $2.8M | 50x | as long as short |
| Aevo LIT-PERP | −0.061% | +0.0104% | 1h | $151K | $44K | 3x | as long as short |
| Bullet LIT-USD | −0.052% | −0.0253% | 1h | $85K | $79K | 20x | as long as short |
| Lighter RH LITshort | −0.039% | +0.0296% | 1h | $3.8M | $13.5M | 5x | |
| Derive LIT-PERPlong | 0.000% | +0.0100% | 1h | $2K | $1K | 6.7x | |
| gTrade (Gains Network) LIT/USD | +0.004% | L +0.0003% / S −0.0003% | 1h | $39K | — | 150x | as long as short |
| Nado LIT-PERP | +0.009% | −0.0019% | 1h | $2.0M | $1.6M | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | +0.046% | L +0.0461% / S −0.0263% | 1h | $65K | — | 50x | as long as short |
| Perpl LIT | +0.049% | 0.0000% | 43m | $33K | $874K | 33x | as long as short |
| Paradex LIT-USD-PERP | +0.054% | +0.0058% | 8h | $5K | $1K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.085% | +0.0100% | 1h | $458K | $84K | 10x | as long as short |
| HTX LIT-USDT | +0.091% | +0.0100% | 4h | $191K | $333K | 30x | as long as short |
| Phoenix LIT | +0.101% | +0.0016% | 1h | $248K | $275K | 5x | as long as short |
| 01 Exchange LITUSD | +0.120% | −0.0216% | 1h | $34K | $5K | 5x | as long as short |
| Aftermath Perps LITUSD | +0.155% | +0.0241% | 1h | $12K | $207K | 10x | as long as short |
| Bulk LIT-USD | +0.217% | +0.0100% | 1h | $123K | $16K | 10x | as long as short |
| Arcus LIT-USD | +0.223% | +0.0100% | 1h | $112K | $473K | 5x | as long as short |
| RISEx LIT/USDC | +0.231% | +0.0091% | 1h | $854K | $1.9M | 5x | as long as short |
| dYdX LIT-USD | +0.319% | 0.0000% | 1h | $35K | — | 5x | as long as short |
| Pacifica LIT | +0.355% | +0.0100% | 1h | $601K | $2.0M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | +0.804% | −0.0088% | 1h | $649K | $412K | 50x | as long as short |