Spread before costs (cost unknown: a leg has no order-book sample)−0.215%
7d average—if it closes, per $10,000$22funding while held, a day+$16.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITUSDT | 4.7900 | −0.0509 | get 0.0254% / 4h | 1h 12m | $1.3M | $2.7M | 20x |
| Short | Paradex LIT-USD-PERP | 4.7797 | 0.0047 | get 0.0047% / 8h | 5h 12m | $5K | $1K | 5x |
Phemex LITUSDT
Paradex LIT-USD-PERPPrice 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
- −$21.52
- Funding while held
- $16.68
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$20.84
- Spread needed to break even
- 0.160%
Slippage unknown: Phemex: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0556%
- Per $10,000 a day
- +$16.68
- 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 | 9.44 bp | 31.8 bp −$32 | 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni4.7660cheapestBulk4.7731+0.149%Injective4.7750+0.189%
ApeX Omni
Bulk
InjectiveParadex4.7797+0.287%
Phoenix4.7799+0.292%HTX4.7799+0.292%BloFin4.7803+0.300%Arcus4.7833+0.363%dYdX4.7840+0.378%edgeX4.7846+0.390%Nado4.7850+0.399%MEXC4.7852+0.403%01 Exchange4.7853+0.405%KuCoin4.7853+0.405%Pacifica4.7866+0.432%RISEx4.7870+0.441%Aftermath Perps4.7879+0.459%Perpl4.7885+0.472%SunX4.7890+0.483%Backpack4.7891+0.485%
Phoenix
HTX
BloFin
Arcus
dYdX
Nado
MEXC
KuCoin
Pacifica
RISEx
Perpl
SunX
BackpackPhemex4.7900+0.504%
Polymarket Perps4.7906+0.516%Bullet4.7907+0.518%Orderly4.7908+0.520%Gate4.7920+0.546%Aevo4.7922+0.550%Hyperliquid4.7930+0.567%Bitget4.7940+0.587%Extended4.7944+0.596%Binance4.7946+0.600%Aster4.7955+0.619%SoDEX4.7955+0.619%GMX4.7955+0.619%Deribit4.7956+0.622%gTrade (Gains Network)4.7960+0.628%Bybit4.7980+0.671%OKX4.7980+0.671%Derive4.7983+0.677%Lighter4.8010+0.734%Lighter RH4.8026+0.768%Coinbase International4.8131+0.987%
Polymarket Perps
Bullet
Orderly
Gate
Aevo
Hyperliquid
Bitget
Extended
Binance
Aster
SoDEX
GMX
Deribit
gTrade (Gains Network)
Bybit
OKX
Derive
Lighter
Lighter RH
Coinbase InternationalLIT on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni LITUSDT | −0.501% | −0.0103% | 1h | $31K | $66K | 50x | as long as short |
| Bulk LIT-USD | −0.353% | +0.0100% | 1h | $120K | $18K | 10x | as long as short |
| Injective LIT/USDC PERP | −0.313% | +0.0033% | 1h | $419 | $62K | 5.5x | as long as short |
| Paradex LIT-USD-PERPshort | −0.215% | +0.0047% | 8h | $5K | $1K | 5x | |
| Phoenix LIT | −0.211% | 0.0000% | 1h | $247K | $282K | 5x | as long as short |
| HTX LIT-USDT | −0.211% | +0.0100% | 4h | $190K | $320K | 30x | as long as short |
| BloFin LIT-USDT | −0.203% | +0.0340% | 4h | $1.6M | $2.1M | 75x | as long as short |
| Arcus LIT-USD | −0.140% | +0.0100% | 1h | $117K | $468K | 5x | as long as short |
| dYdX LIT-USD | −0.125% | 0.0000% | 1h | $34K | — | 5x | as long as short |
| edgeX LITUSDC | −0.113% | +0.0100% | 4h | $291K | $314K | 10x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado LIT-PERP | −0.104% | −0.0059% | 1h | $2.0M | $1.7M | 10x | as long as short |
| MEXC LIT_USDT | −0.100% | +0.0100% | 4h | $6.5M | $4.2M | 100x | as long as short |
| 01 Exchange LITUSD | −0.098% | −0.0472% | 1h | $33K | $5K | 5x | as long as short |
| KuCoin LITUSDTM | −0.098% | −0.0236% | 4h | $5.3M | $1.1M | 30x | as long as short |
| Pacifica LIT | −0.071% | +0.0100% | 1h | $600K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | −0.062% | −0.0017% | 1h | $829K | $2.0M | 5x | as long as short |
| Aftermath Perps LITUSD | −0.044% | +0.0100% | 1h | $11K | $205K | 10x | as long as short |
| Perpl LIT | −0.032% | +0.0447% | 43m | $32K | $877K | 33x | as long as short |
| SunX LIT-USDT | −0.021% | +0.0100% | 4h | $4K | $1.2M | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.019% | +0.0100% | 1h | $669K | $1.5M | 5x | as long as short |
| Phemex LITUSDTlong | 0.000% | −0.0509% | 4h | $1.3M | $2.7M | 20x | |
| Polymarket Perps LIT-USD | +0.013% | +0.0100% | 1h | $452K | $108K | 10x | as long as short |
| Bullet LIT-USD | +0.015% | −0.0345% | 1h | $80K | $76K | 20x | as long as short |
| Orderly PERP_LIT_USDC | +0.017% | −0.0406% | 4h | $33K | $2K | 10x | as long as short |
| Gate LIT_USDT | +0.042% | −0.0220% | 4h | $2.9M | $4.6M | 50x | as long as short |
| Aevo LIT-PERP | +0.046% | +0.0104% | 1h | $150K | $44K | 3x | as long as short |
| Hyperliquid LIT | +0.063% | +0.0100% | 1h | $213.6M | $45.1M | 5x | as long as short |
| Bitget LITUSDT | +0.084% | +0.0100% | 4h | $7.0M | $2.6M | 20x | as long as short |
| Extended LIT-USD | +0.092% | +0.0104% | 1h | $5.4M | $5.0M | 25x | as long as short |
| Binance LITUSDT | +0.096% | +0.0100% | 4h | $75.6M | $80.4M | 75x | as long as short |
| Aster LITUSDT | +0.115% | +0.0100% | 4h | $12.8M | $2.7M | 50x | as long as short |
| SoDEX LIT-USD | +0.115% | +0.0100% | 1h | $994 | $470K | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | +0.115% | L +0.0425% / S −0.0228% | 1h | $59K | — | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | +0.118% | −0.0184% | 1h | $32K | $22K | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | +0.124% | L +0.0003% / S −0.0003% | 1h | $24K | — | 150x | as long as short |
| Bybit LITUSDT | +0.167% | −0.0362% | 4h | $44.0M | $29.3M | 75x | as long as short |
| OKX LIT-USDT-SWAP | +0.167% | −0.0353% | 4h | $25.2M | $60.7M | 50x | as long as short |
| Derive LIT-PERP | +0.173% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| Lighter LIT | +0.230% | +0.0096% | 1h | $59.6M | $30.0M | 5x | as long as short |
| Lighter RH LIT | +0.263% | +0.0304% | 1h | $3.8M | $13.9M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | +0.481% | −0.0016% | 1h | $664K | $421K | 50x | as long as short |