Funding you earn now, next payment 05:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.047%
Price spread now: Paradex against Hyperliquid−0.199%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.199% cheaper against Hyperliquid than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.7347 | 0.0100 | pay 0.0013% / 1h | 1m 49s | $211.4M | $40.6M | 5x |
| Short | Paradex LIT-USD-PERP | 4.7253 | 0.0091 | get 0.0091% / 8h | 3h 01m | $7K | $2K | 5x |
Hyperliquid LIT
Paradex LIT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$1.91
- Price spread: −0.199% → 0.000%
- −$19.92
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$34.84
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; Paradex: no order-book sample. 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, 12 min ago | 0.74 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0596% | 1h | 4.7223 | −0.261% | $41K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0405% | 4h | 4.7200 | −0.310% | $1.4M | $2.8M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.7163 | −0.389% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0376% | 1h | 4.7154 | −0.408% | $31K | $5K | 5x | as long as short |
| Bullet LIT-USD | −0.0337% | 1h | 4.7215 | −0.279% | $84K | $67K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −0.994% | $607K | $357K | 50x | as long as short |
| Bybit LITUSDT | −0.0212% | 4h | 4.7280 | −0.142% | $41.2M | $28.6M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0115% | 1h | 4.7180 | −0.353% | $56K | $75K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0103% | 4h | 4.7285 | −0.131% | $25.5M | $60.5M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0026% | 4h | 4.7254 | −0.196% | $5.3M | $1.0M | 30x | as long as short |
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
Bybit LITUSDT
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0017% | 1h | 4.7286 | −0.129% | $203K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7237 | −0.232% | $791K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7341 | −0.012% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7263 | −0.177% | $31K | $704K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7267 | −0.170% | $11K | — | 150x | as long as short |
| GRVT LIT_USDT_Perp | +0.0010% | 4h | 4.7206 | −0.299% | $909K | $1.8M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.464% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERPshort | +0.0091% | 8h | 4.7253 | −0.199% | $7K | $2K | 5x | |
| Lighter LIT | +0.0096% | 1h | 4.7347 | 0.000% | $59.0M | $28.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7205 | −0.300% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.7347 | long leg | $211.4M | $40.6M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.7287 | −0.127% | $576K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7249 | −0.207% | $75.8M | $77.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7215 | −0.279% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7207 | −0.296% | $118K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7270 | −0.163% | $2.7M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7243 | −0.220% | $5.8M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7290 | −0.120% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7252 | −0.201% | $662K | $1.2M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7232 | −0.244% | $289K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7221 | −0.266% | $444K | $87K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7264 | −0.174% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7215 | −0.279% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7234 | −0.239% | $1K | $358K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7254 | −0.196% | $200K | $348K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7247 | −0.211% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7204 | −0.302% | $148K | — | 3x | as long as short |
| Lighter RH LIT | +0.0112% | 1h | 4.7355 | +0.017% | $3.8M | $13.2M | 5x | as long as short |
| Aster LITUSDT | +0.0233% | 4h | 4.7318 | −0.061% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7177 | −0.359% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0438% / S −0.0231% | 1h | 4.7272 | −0.158% | $65K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0493% | 1h | 4.7285 | −0.131% | $9K | $204K | 10x | as long as short |
Phoenix LIT
RISEx LIT/USDC
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD