Spread before costs (cost unknown: a leg has no order-book sample)+0.127%
7d average+0.102%if it closes, per $10,000$13funding while held, a day−$10.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.9944 | 0.0447 | pay 0.0040% / 43m | 29m 17s | $34K | $811K | 33x |
| Short | Hyperliquid LIT | 5.0008 | 0.0100 | get 0.0013% / 1h | 9m 17s | $223.4M | $43.3M | 5x |
Perpl LIT
Hyperliquid 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
- $12.71
- Funding while held
- −$10.4
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.48
- Spread needed to break even
- 0.228%
Slippage unknown: Perpl: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0347%
- Per $10,000 a day
- −$10.40
- 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 0.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Perpl: 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
edgeX4.9401+5.921%Phoenix4.9463+6.053%Bulk4.9474+6.076%Aftermath Perps4.9608+6.364%Coinbase International4.9721+6.605%Derive4.9729+6.624%Backpack4.9739+6.645%ApeX Omni4.9790+6.754%Paradex4.9818+6.813%Pacifica4.9848+6.877%Arcus4.9857+6.898%Orderly4.9889+6.966%dYdX4.9890+6.968%KuCoin4.9908+7.007%RISEx4.9920+7.033%Extended4.9923+7.039%Nado4.9924+7.041%Aster4.9925+7.042%Polymarket Perps4.9928+7.050%Phemex4.9940+7.075%
Injective
Phoenix
Bulk
Coinbase International
Derive
Backpack
ApeX Omni
Paradex
Pacifica
Arcus
Orderly
dYdX
KuCoin
RISEx
Extended
Nado
Aster
Polymarket Perps
PhemexPerpl4.9944+7.085%
OKX4.9952+7.101%MEXC4.9955+7.108%Aevo4.9961+7.119%Binance4.9963+7.124%Bullet4.9964+7.127%BloFin4.9967+7.133%Bybit4.9970+7.140%Gate4.9970+7.140%SunX4.9970+7.140%SoDEX4.9980+7.161%Deribit4.9988+7.178%
OKX
MEXC
Aevo
Binance
Bullet
BloFin
Bybit
Gate
SunX
SoDEX
DeribitHyperliquid5.0008+7.221%
gTrade (Gains Network)5.0016+7.238%Lighter5.0026+7.260%GMX5.0029+7.267%Bitget5.0040+7.290%Lighter RH5.0044+7.298%HTX5.0084+7.384%
gTrade (Gains Network)
Lighter
GMX
Bitget
Lighter RH
HTXLIT on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | −6.616% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| edgeX LITUSDC | −1.087% | +0.0100% | 4h | $300K | $312K | 10x | as long as short |
| Phoenix LIT | −0.964% | −0.0064% | 1h | $255K | $265K | 5x | as long as short |
| Bulk LIT-USD | −0.942% | +0.0100% | 1h | $119K | $18K | 10x | as long as short |
| Aftermath Perps LITUSD | −0.673% | +0.0482% | 1h | $12K | $167K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.448% | −0.0144% | 1h | $652K | $412K | 50x | as long as short |
| Derive LIT-PERP | −0.431% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| Backpack LIT_USDC_PERP | −0.411% | −0.0216% | 1h | $721K | $1.2M | 5x | as long as short |
| ApeX Omni LITUSDT | −0.309% | −0.0040% | 1h | $34K | $55K | 50x | as long as short |
| Paradex LIT-USD-PERP | −0.254% | +0.0001% | 8h | $5K | $1K | 5x | as long as short |
Show all 40 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica LIT | −0.194% | −0.0110% | 1h | $623K | $1.9M | 10x | as long as short |
| Arcus LIT-USD | −0.175% | +0.0100% | 1h | $125K | $418K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.111% | −0.0496% | 4h | $34K | $16K | 10x | as long as short |
| dYdX LIT-USD | −0.109% | 0.0000% | 1h | $36K | — | 5x | as long as short |
| KuCoin LITUSDTM | −0.073% | −0.0058% | 4h | $5.4M | $1.1M | 30x | as long as short |
| RISEx LIT/USDC | −0.049% | −0.0027% | 1h | $884K | $1.8M | 5x | as long as short |
| Extended LIT-USD | −0.043% | +0.0104% | 1h | $5.8M | $5.7M | 25x | as long as short |
| Nado LIT-PERP | −0.041% | −0.0142% | 1h | $2.1M | $1.5M | 10x | as long as short |
| Aster LITUSDT | −0.040% | +0.0100% | 4h | $13.3M | $2.9M | 50x | as long as short |
| Polymarket Perps LIT-USD | −0.033% | −0.0212% | 1h | $474K | $82K | 10x | as long as short |
| Phemex LITUSDT | −0.009% | −0.0440% | 4h | $1.5M | $2.8M | 20x | as long as short |
| Perpl LITlong | 0.000% | +0.0447% | 43m | $34K | $811K | 33x | |
| OKX LIT-USDT-SWAP | +0.015% | −0.0296% | 4h | $27.4M | $61.6M | 50x | as long as short |
| MEXC LIT_USDT | +0.021% | +0.0100% | 4h | $8.4M | $3.7M | 100x | as long as short |
| Aevo LIT-PERP | +0.032% | +0.0104% | 1h | $156K | $44K | 3x | as long as short |
| Binance LITUSDT | +0.036% | +0.0100% | 4h | $79.9M | $75.9M | 75x | as long as short |
| Bullet LIT-USD | +0.039% | −0.0329% | 1h | $89K | $76K | 20x | as long as short |
| BloFin LIT-USDT | +0.045% | +0.0340% | 4h | $1.7M | $2.1M | 75x | as long as short |
| Bybit LITUSDT | +0.051% | −0.0455% | 4h | $47.0M | $26.1M | 75x | as long as short |
| Gate LIT_USDT | +0.051% | −0.0072% | 4h | $2.9M | $4.3M | 50x | as long as short |
| SunX LIT-USDT | +0.051% | +0.0100% | 4h | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.071% | +0.0100% | 1h | $2K | $497K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | +0.087% | −0.0546% | 1h | $34K | $23K | 10x | as long as short |
| Hyperliquid LITshort | +0.127% | +0.0100% | 1h | $223.4M | $43.3M | 5x | |
| gTrade (Gains Network) LIT/USD | +0.143% | L +0.0003% / S −0.0003% | 1h | $39K | — | 150x | as long as short |
| Lighter LIT | +0.163% | +0.0096% | 1h | $61.5M | $29.6M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | +0.170% | L +0.0464% / S −0.0256% | 1h | $66K | — | 50x | as long as short |
| Bitget LITUSDT | +0.191% | +0.0100% | 4h | $7.3M | $2.2M | 20x | as long as short |
| Lighter RH LIT | +0.199% | +0.0096% | 1h | $3.7M | $12.1M | 5x | as long as short |
| HTX LIT-USDT | +0.279% | +0.0100% | 4h | $184K | $283K | 30x | as long as short |