Spread before costs (cost unknown: a leg has no order-book sample)+0.166%
7d average+0.147%if it closes, per $10,000$17funding while held, a day+$13.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITUSDT | 4.9140 | −0.0366 | get 0.0183% / 4h | 1h 52m | $1.5M | $2.7M | 20x |
| Short | Hyperliquid LIT | 4.9222 | 0.0100 | get 0.0013% / 1h | 52m 21s | $219.9M | $43.0M | 5x |
Phemex LITUSDT
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
- $16.6
- Funding while held
- $13.97
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $9.57
- Spread needed to break even
- 0.210%
Slippage unknown: Phemex: live order book, 3 min ago; Hyperliquid: live order book, 13 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0466%
- Per $10,000 a day
- +$13.97
- 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 Phemex live order book, 3 min ago | 18.23 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 0.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LIT price on every exchange
against the cheapest. Click to use as the short leg.Injective4.6640cheapest
BloFin4.9030+5.124%Paradex4.9102+5.279%Orderly4.9107+5.289%
Injective
BloFin
Paradex
OrderlyPhemex4.9140+5.360%
Polymarket Perps4.9145+5.371%MEXC4.9147+5.375%Aevo4.9153+5.389%Extended4.9157+5.398%Nado4.9160+5.403%KuCoin4.9162+5.407%Bullet4.9163+5.410%Coinbase International4.9163+5.410%Binance4.9169+5.422%Gate4.9170+5.425%Backpack4.9170+5.425%Aster4.9174+5.433%Bybit4.9180+5.446%SoDEX4.9180+5.446%Pacifica4.9181+5.447%Arcus4.9183+5.452%Deribit4.9185+5.458%OKX4.9190+5.467%RISEx4.9191+5.469%GMX4.9194+5.476%dYdX4.9207+5.504%Lighter4.9208+5.506%gTrade (Gains Network)4.9208+5.506%Derive4.9210+5.510%Bitget4.9210+5.510%Perpl4.9215+5.521%
Polymarket Perps
MEXC
Aevo
Extended
Nado
KuCoin
Bullet
Coinbase International
Binance
Gate
Backpack
Aster
Bybit
SoDEX
Pacifica
Arcus
Deribit
OKX
RISEx
GMX
dYdX
Lighter
gTrade (Gains Network)
Derive
Bitget
PerplHyperliquid4.9222+5.535%
Lighter RH4.9222+5.536%SunX4.9228+5.549%HTX4.9401+5.920%ApeX Omni4.9440+6.003%Phoenix4.9444+6.012%edgeX4.9524+6.183%Aftermath Perps4.9581+6.306%Bulk4.9821+6.821%
Lighter RH
SunX
HTX
ApeX Omni
Phoenix
BulkLIT on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | −5.088% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| BloFin LIT-USDT | −0.224% | +0.0340% | 4h | $1.7M | $2.1M | 75x | as long as short |
| Paradex LIT-USD-PERP | −0.077% | +0.0033% | 8h | $5K | $1K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.067% | −0.0481% | 4h | $34K | $16K | 10x | as long as short |
| Phemex LITUSDTlong | 0.000% | −0.0366% | 4h | $1.5M | $2.7M | 20x | |
| Polymarket Perps LIT-USD | +0.010% | −0.0583% | 1h | $467K | $81K | 10x | as long as short |
| MEXC LIT_USDT | +0.014% | +0.0100% | 4h | $8.4M | $3.5M | 100x | as long as short |
| Aevo LIT-PERP | +0.027% | +0.0104% | 1h | $154K | $44K | 3x | as long as short |
| Extended LIT-USD | +0.035% | +0.0104% | 1h | $5.7M | $5.6M | 25x | as long as short |
| Nado LIT-PERP | +0.041% | +0.0085% | 1h | $2.0M | $1.5M | 10x | as long as short |
Show all 40 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | +0.045% | −0.0010% | 4h | $5.4M | $1.0M | 30x | as long as short |
| Bullet LIT-USD | +0.047% | −0.0432% | 1h | $87K | $81K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | +0.047% | −0.0144% | 1h | $648K | $466K | 50x | as long as short |
| Binance LITUSDT | +0.059% | +0.0100% | 4h | $78.7M | $74.8M | 75x | as long as short |
| Gate LIT_USDT | +0.061% | −0.0098% | 4h | $2.9M | $4.2M | 50x | as long as short |
| Backpack LIT_USDC_PERP | +0.061% | −0.0283% | 1h | $715K | $1.2M | 5x | as long as short |
| Aster LITUSDT | +0.069% | +0.0100% | 4h | $13.1M | $3.0M | 50x | as long as short |
| Bybit LITUSDT | +0.081% | −0.0326% | 4h | $45.9M | $25.6M | 75x | as long as short |
| SoDEX LIT-USD | +0.081% | −0.0135% | 1h | $2K | $499K | 5x | as long as short |
| Pacifica LIT | +0.082% | −0.0110% | 1h | $603K | $2.0M | 10x | as long as short |
| Arcus LIT-USD | +0.088% | +0.0100% | 1h | $120K | $408K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | +0.093% | −0.0585% | 1h | $33K | $23K | 10x | as long as short |
| OKX LIT-USDT-SWAP | +0.102% | −0.0300% | 4h | $27.0M | $60.1M | 50x | as long as short |
| RISEx LIT/USDC | +0.103% | −0.0027% | 1h | $868K | $1.6M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | +0.110% | L +0.0463% / S −0.0256% | 1h | $65K | — | 50x | as long as short |
| dYdX LIT-USD | +0.137% | 0.0000% | 1h | $35K | — | 5x | as long as short |
| Lighter LIT | +0.138% | +0.0096% | 1h | $60.5M | $28.9M | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | +0.139% | L +0.0003% / S −0.0003% | 1h | $39K | — | 150x | as long as short |
| Derive LIT-PERP | +0.142% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| Bitget LITUSDT | +0.142% | +0.0100% | 4h | $7.2M | $2.2M | 20x | as long as short |
| Perpl LIT | +0.152% | +0.0447% | 43m | $41K | $796K | 33x | as long as short |
| Hyperliquid LITshort | +0.166% | +0.0100% | 1h | $219.9M | $43.0M | 5x | |
| Lighter RH LIT | +0.167% | +0.0096% | 1h | $3.7M | $11.8M | 5x | as long as short |
| SunX LIT-USDT | +0.179% | +0.0100% | 4h | $4K | $1.1M | 20x | as long as short |
| HTX LIT-USDT | +0.531% | +0.0100% | 4h | $181K | $280K | 30x | as long as short |
| ApeX Omni LITUSDT | +0.611% | −0.0063% | 1h | $34K | $56K | 50x | as long as short |
| Phoenix LIT | +0.619% | −0.0064% | 1h | $252K | $265K | 5x | as long as short |
| edgeX LITUSDC | +0.781% | +0.0100% | 4h | $301K | $312K | 10x | as long as short |
| Aftermath Perps LITUSD | +0.898% | +0.0278% | 1h | $12K | $163K | 10x | as long as short |
| Bulk LIT-USD | +1.387% | +0.0100% | 1h | $120K | $21K | 10x | as long as short |