Spread before costs (cost unknown: a leg has no order-book sample)−0.239%
7d average—if it closes, per $10,000$24funding while held, a day−$20.42
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.9566 | 0.0096 | pay 0.0012% / 1h | 0m 17s | $3.6M | $13.4M | 5x |
| Short | Deribit LIT_USDC-PERPETUAL | 4.9447 | −0.0585 | pay 0.0073% / 1h | 0m 17s | $33K | $23K | 10x |
Lighter RH LIT
Deribit LIT_USDC-PERPETUALPrice 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
- −$23.93
- Funding while held
- −$20.42
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$51.34
- Spread needed to break even
- 0.070%
Slippage unknown: Lighter RH: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0681%
- Per $10,000 a day
- −$20.42
- 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 Lighter RH live order book, 5 min ago | 2.22 bp | 3.6 bp −$4 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.Injective4.6640cheapest
Orderly4.9403+5.924%Phemex4.9420+5.961%BloFin4.9424+5.969%Extended4.9424+5.970%SunX4.9433+5.988%SoDEX4.9435+5.993%Aevo4.9435+5.993%OKX4.9437+5.997%Binance4.9441+6.005%Bybit4.9447+6.018%
Injective
Orderly
Phemex
BloFin
Extended
SunX
SoDEX
Aevo
OKX
Binance
BybitDeribit4.9447+6.019%
Bullet4.9459+6.044%Paradex4.9460+6.047%01 Exchange4.9461+6.048%MEXC4.9465+6.057%KuCoin4.9465+6.057%Derive4.9483+6.095%Backpack4.9483+6.096%GMX4.9485+6.099%Nado4.9485+6.100%Arcus4.9487+6.104%Bitget4.9490+6.111%gTrade (Gains Network)4.9493+6.118%Gate4.9500+6.132%Pacifica4.9501+6.134%Polymarket Perps4.9503+6.139%Perpl4.9523+6.181%dYdX4.9530+6.196%RISEx4.9531+6.199%Aster4.9532+6.201%Hyperliquid4.9534+6.205%HTX4.9534+6.205%Lighter4.9552+6.244%edgeX4.9564+6.270%
Bullet
Paradex
MEXC
KuCoin
Derive
Backpack
GMX
Nado
Arcus
Bitget
gTrade (Gains Network)
Gate
Pacifica
Polymarket Perps
Perpl
dYdX
RISEx
Aster
Hyperliquid
HTX
LighterLighter RH4.9566+6.274%
Bulk4.9570+6.282%Aftermath Perps4.9613+6.374%Phoenix4.9633+6.417%ApeX Omni4.9670+6.497%Coinbase International4.9772+6.715%
Bulk
Phoenix
ApeX Omni
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 | −5.903% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| Orderly PERP_LIT_USDC | −0.329% | −0.0458% | 4h | $34K | $16K | 10x | as long as short |
| Phemex LITUSDT | −0.295% | −0.0260% | 4h | $1.5M | $2.8M | 20x | as long as short |
| BloFin LIT-USDT | −0.286% | +0.0340% | 4h | $1.7M | $2.2M | 75x | as long as short |
| Extended LIT-USD | −0.286% | +0.0104% | 1h | $5.6M | $6.1M | 25x | as long as short |
| SunX LIT-USDT | −0.268% | +0.0100% | 4h | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | −0.264% | +0.0100% | 1h | $2K | $501K | 5x | as long as short |
| Aevo LIT-PERP | −0.264% | +0.0104% | 1h | $155K | $44K | 3x | as long as short |
| OKX LIT-USDT-SWAP | −0.260% | −0.0338% | 4h | $27.0M | $63.7M | 50x | as long as short |
| Binance LITUSDT | −0.253% | +0.0100% | 4h | $78.4M | $81.9M | 75x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.240% | −0.0380% | 4h | $45.6M | $28.5M | 75x | as long as short |
| Deribit LIT_USDC-PERPETUALshort | −0.239% | −0.0585% | 1h | $33K | $23K | 10x | |
| Bullet LIT-USD | −0.216% | −0.0232% | 1h | $87K | $78K | 20x | as long as short |
| Paradex LIT-USD-PERP | −0.213% | +0.0053% | 8h | $5K | $1K | 5x | as long as short |
| 01 Exchange LITUSD | −0.212% | −0.0200% | 1h | $35K | $10K | 5x | as long as short |
| MEXC LIT_USDT | −0.204% | +0.0100% | 4h | $7.6M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | −0.204% | −0.0068% | 4h | $5.5M | $1.1M | 30x | as long as short |
| Derive LIT-PERP | −0.168% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| Backpack LIT_USDC_PERP | −0.167% | +0.0100% | 1h | $699K | $1.4M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | −0.164% | L +0.0458% / S −0.0253% | 1h | $65K | — | 50x | as long as short |
| Nado LIT-PERP | −0.163% | +0.0011% | 1h | $2.0M | $1.6M | 10x | as long as short |
| Arcus LIT-USD | −0.159% | +0.0100% | 1h | $114K | $459K | 5x | as long as short |
| Bitget LITUSDT | −0.153% | +0.0100% | 4h | $7.3M | $2.4M | 20x | as long as short |
| gTrade (Gains Network) LIT/USD | −0.146% | L +0.0003% / S −0.0003% | 1h | $24K | — | 150x | as long as short |
| Gate LIT_USDT | −0.133% | −0.0050% | 4h | $2.9M | $4.5M | 50x | as long as short |
| Pacifica LIT | −0.131% | +0.0100% | 1h | $615K | $2.0M | 10x | as long as short |
| Polymarket Perps LIT-USD | −0.127% | +0.0080% | 1h | $469K | $83K | 10x | as long as short |
| Perpl LIT | −0.088% | +0.0447% | 43m | $35K | $878K | 33x | as long as short |
| dYdX LIT-USD | −0.073% | 0.0000% | 1h | $36K | — | 5x | as long as short |
| RISEx LIT/USDC | −0.071% | −0.0019% | 1h | $873K | $1.9M | 5x | as long as short |
| Aster LITUSDT | −0.069% | +0.0100% | 4h | $13.2M | $2.9M | 50x | as long as short |
| Hyperliquid LIT | −0.065% | +0.0100% | 1h | $221.7M | $45.5M | 5x | as long as short |
| HTX LIT-USDT | −0.065% | +0.0100% | 4h | $195K | $332K | 30x | as long as short |
| Lighter LIT | −0.028% | +0.0096% | 1h | $60.9M | $30.8M | 5x | as long as short |
| edgeX LITUSDC | −0.003% | +0.0100% | 4h | $302K | $313K | 10x | as long as short |
| Lighter RH LITlong | 0.000% | +0.0096% | 1h | $3.6M | $13.4M | 5x | |
| Bulk LIT-USD | +0.008% | +0.0100% | 1h | $126K | $22K | 10x | as long as short |
| Aftermath Perps LITUSD | +0.095% | +0.0315% | 1h | $12K | $195K | 10x | as long as short |
| Phoenix LIT | +0.135% | −0.0064% | 1h | $253K | $276K | 5x | as long as short |
| ApeX Omni LITUSDT | +0.210% | +0.0050% | 1h | $31K | $63K | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | +0.415% | −0.0192% | 1h | $649K | $422K | 50x | as long as short |