Spread before costs (cost unknown: a leg has no order-book sample)+0.050%
7d average—if it closes, per $10,000$5funding while held, a day−$2.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.8789 | 0.0100 | pay 0.0013% / 1h | 26m 47s | $218.5M | $46.2M | 5x |
| Short | gTrade (Gains Network) LIT/USD | 4.8813 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 26m 47s | $24K | — | 150x |
Hyperliquid LIT
gTrade (Gains Network) LIT/USDPrice 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
- $4.98
- Funding while held
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$16.94
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 9 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0097%
- Per $10,000 a day
- −$2.92
- 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, 9 min ago | 0.10 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective4.6640cheapestedgeX4.8478+3.940%ApeX Omni4.8490+3.967%Phoenix4.8499+3.986%Paradex4.8710+4.438%Orderly4.8722+4.464%OKX4.8731+4.483%Aftermath Perps4.8733+4.488%Nado4.8735+4.492%Binance4.8736+4.494%KuCoin4.8736+4.494%Bybit4.8740+4.503%Phemex4.8740+4.503%MEXC4.8745+4.513%Bullet4.8750+4.525%SoDEX4.8752+4.528%HTX4.8754+4.533%Extended4.8757+4.540%01 Exchange4.8760+4.545%Bitget4.8760+4.545%Pacifica4.8763+4.552%Arcus4.8767+4.560%Coinbase International4.8769+4.565%dYdX4.8770+4.568%SunX4.8772+4.571%Polymarket Perps4.8778+4.584%RISEx4.8780+4.587%Gate4.8780+4.588%Backpack4.8783+4.595%Perpl4.8783+4.595%Aevo4.8785+4.600%
Injective
ApeX Omni
Phoenix
Paradex
Orderly
OKX
Nado
Binance
KuCoin
Bybit
Phemex
MEXC
Bullet
SoDEX
HTX
Extended
Bitget
Pacifica
Arcus
Coinbase International
dYdX
SunX
Polymarket Perps
RISEx
Gate
Backpack
Perpl
AevoHyperliquid4.8789+4.608%
BloFin4.8792+4.614%Deribit4.8801+4.633%
BloFin
DeribitgTrade (Gains Network)4.8813+4.660%
GMX4.8817+4.667%Derive4.8819+4.671%Lighter RH4.8823+4.681%Lighter4.8832+4.700%Aster4.8839+4.715%Bulk4.8970+4.995%
GMX
Derive
Lighter RH
Lighter
Aster
BulkLIT on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | −4.405% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| edgeX LITUSDC | −0.638% | +0.0100% | 4h | $295K | $314K | 10x | as long as short |
| ApeX Omni LITUSDT | −0.613% | −0.0178% | 1h | $33K | $64K | 50x | as long as short |
| Phoenix LIT | −0.594% | +0.0016% | 1h | $247K | $275K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.162% | +0.0060% | 8h | $5K | $1K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.137% | −0.0464% | 4h | $33K | $11K | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.119% | −0.0307% | 4h | $26.4M | $62.6M | 50x | as long as short |
| Aftermath Perps LITUSD | −0.114% | +0.0285% | 1h | $11K | $202K | 10x | as long as short |
| Nado LIT-PERP | −0.111% | −0.0023% | 1h | $2.0M | $1.6M | 10x | as long as short |
| Binance LITUSDT | −0.109% | +0.0100% | 4h | $77.1M | $82.2M | 75x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.109% | −0.0076% | 4h | $5.4M | $1.2M | 30x | as long as short |
| Bybit LITUSDT | −0.100% | −0.0222% | 4h | $44.8M | $28.8M | 75x | as long as short |
| Phemex LITUSDT | −0.100% | −0.0010% | 4h | $1.4M | $2.7M | 20x | as long as short |
| MEXC LIT_USDT | −0.090% | +0.0100% | 4h | $7.1M | $4.1M | 100x | as long as short |
| Bullet LIT-USD | −0.079% | −0.0263% | 1h | $86K | $78K | 20x | as long as short |
| SoDEX LIT-USD | −0.076% | +0.0100% | 1h | $2K | $483K | 5x | as long as short |
| HTX LIT-USDT | −0.072% | +0.0100% | 4h | $193K | $333K | 30x | as long as short |
| Extended LIT-USD | −0.065% | +0.0104% | 1h | $5.4M | $5.2M | 25x | as long as short |
| 01 Exchange LITUSD | −0.059% | −0.0208% | 1h | $34K | $5K | 5x | as long as short |
| Bitget LITUSDT | −0.059% | +0.0100% | 4h | $7.1M | $2.5M | 20x | as long as short |
| Pacifica LIT | −0.053% | +0.0100% | 1h | $604K | $2.0M | 10x | as long as short |
| Arcus LIT-USD | −0.045% | +0.0100% | 1h | $116K | $470K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.041% | −0.0088% | 1h | $649K | $412K | 50x | as long as short |
| dYdX LIT-USD | −0.038% | 0.0000% | 1h | $35K | — | 5x | as long as short |
| SunX LIT-USDT | −0.035% | +0.0100% | 4h | $4K | $1.2M | 20x | as long as short |
| Polymarket Perps LIT-USD | −0.023% | +0.0100% | 1h | $462K | $84K | 10x | as long as short |
| RISEx LIT/USDC | −0.019% | +0.0091% | 1h | $859K | $1.9M | 5x | as long as short |
| Gate LIT_USDT | −0.018% | −0.0998% | 4h | $2.9M | $4.7M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.012% | −0.0376% | 1h | $680K | $1.4M | 5x | as long as short |
| Perpl LIT | −0.012% | 0.0000% | 43m | $33K | $868K | 33x | as long as short |
| Aevo LIT-PERP | −0.008% | +0.0104% | 1h | $153K | $44K | 3x | as long as short |
| Hyperliquid LITlong | 0.000% | +0.0100% | 1h | $218.5M | $46.2M | 5x | |
| BloFin LIT-USDT | +0.006% | +0.0340% | 4h | $1.6M | $2.2M | 75x | as long as short |
| Deribit LIT_USDC-PERPETUAL | +0.024% | 0.0000% | 1h | $33K | $22K | 10x | as long as short |
| gTrade (Gains Network) LIT/USDshort | +0.050% | L +0.0003% / S −0.0003% | 1h | $24K | — | 150x | |
| GMX LIT/USD [ETH-USDC] | +0.057% | L +0.0462% / S −0.0263% | 1h | $65K | — | 50x | as long as short |
| Derive LIT-PERP | +0.061% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| Lighter RH LIT | +0.070% | +0.0184% | 1h | $3.8M | $13.2M | 5x | as long as short |
| Lighter LIT | +0.088% | +0.0096% | 1h | $60.2M | $30.4M | 5x | as long as short |
| Aster LITUSDT | +0.102% | +0.0100% | 4h | $13.0M | $2.8M | 50x | as long as short |
| Bulk LIT-USD | +0.370% | +0.0100% | 1h | $124K | $22K | 10x | as long as short |