Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.021%
Price spread now: Arcus against Hyperliquid−0.382%52s7-day average −0.089% · 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)−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.382%, 7d avg −0.089%
=Together, before fees−0.036%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Arcus is 0.293% cheaper against Hyperliquid than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.089%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.8158 | 0.0211 | pay 0.0026% / 1h | 0m 48s | $217.6M | $38.6M | 5x |
| Short | Arcus LIT-USD | 4.7974 | 0.0100 | get 0.0013% / 1h | 0m 48s | $127K | $446K | 5x |
Hyperliquid LIT
Arcus LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$23.28
- Price spread: −0.382% → −0.089%
- −$29.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$66.11
- Costs to cover
- 0.135%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Arcus: live order book, 38 min ago. 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, 3 min ago | 0.10 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 38 min ago | 1.56 bp | 4.6 bp −$5 | 8.0 bp −$80 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0365% | 4h | 4.8034 | −0.257% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7968 | −0.396% | $608K | $349K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0288% | 1h | 4.7921 | −0.492% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0194% | 1h | 4.8082 | −0.158% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0149% | 4h | 4.8087 | −0.147% | $25.9M | $59.4M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0124% | 1h | 4.8124 | −0.070% | $42K | $39K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0090% | 4h | 4.7960 | −0.411% | $886K | $2.0M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0013% | 1h | 4.7980 | −0.370% | $57K | $73K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8100 | −0.120% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8141 | −0.035% | $36K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Deribit LIT_USDC-PERPETUAL
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | +0.0031% | 4h | 4.8079 | −0.164% | $41.7M | $27.3M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.245% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.7992 | −0.345% | $206K | $293K | 5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7976 | −0.378% | $816K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0095% | 8h | 4.8080 | −0.163% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8156 | −0.004% | $60.0M | $26.9M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.8015 | −0.297% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8115 | −0.089% | $743K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8064 | −0.195% | $77.0M | $73.5M | 75x | as long as short |
| Arcus LIT-USDshort | +0.0100% | 1h | 4.7974 | −0.382% | $127K | $446K | 5x | |
| Bulk LIT-USD | +0.0100% | 1h | 4.8027 | −0.271% | $120K | $6K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8100 | −0.120% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8058 | −0.208% | $6.0M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8089 | −0.143% | $5.5M | $933K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8080 | −0.162% | $6.9M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8161 | +0.006% | $687K | $992K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7918 | −0.499% | $293K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8066 | −0.191% | $448K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7969 | −0.392% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8073 | −0.177% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8113 | −0.093% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7986 | −0.357% | $193K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8140 | −0.037% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8074 | −0.175% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8103 | −0.114% | $150K | — | 3x | as long as short |
| Hyperliquid LITlong | +0.0211% | 1h | 4.8158 | long leg | $217.6M | $38.6M | 5x | |
| Aster LITUSDT | +0.0291% | 4h | 4.8182 | +0.049% | $12.9M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0296% | 1h | 4.8169 | +0.023% | $3.7M | $12.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8096 | −0.129% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8131 | −0.056% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.8160 | +0.005% | $32K | $642K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0468% | 1h | 4.8023 | −0.281% | $9K | $202K | 10x | as long as short |
Bybit LITUSDT
Injective LIT/USDC PERP
Phoenix LIT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT
Aftermath Perps LITUSD