Spread before costs (cost unknown: a leg has no order-book sample)−0.063%
7d average−0.059%if it closes, per $10,000$6funding while held, a day+$15.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LIT | 4.9753 | −0.0064 | get 0.0008% / 1h | 10m 58s | $254K | $276K | 5x |
| Short | Perpl LIT | 4.9722 | 0.0447 | get 0.0040% / 43m | 13m 58s | $32K | $870K | 33x |
Phoenix LIT
Perpl 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
- −$6.33
- Funding while held
- $15.31
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$11.82
- Spread needed to break even
- 0.208%
Slippage unknown: Phoenix: live order book, 36 min ago; Perpl: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0510%
- Per $10,000 a day
- +$15.31
- 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 Phoenix live order book, 36 min ago | 1.99 bp | 16.1 bp −$16 | 57.9 bp −$579 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
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
Orderly4.9605+6.357%Paradex4.9624+6.399%Bulk4.9635+6.421%01 Exchange4.9642+6.437%BloFin4.9650+6.454%Phemex4.9660+6.475%Bullet4.9660+6.476%Aevo4.9662+6.479%Nado4.9662+6.480%MEXC4.9671+6.499%SoDEX4.9675+6.507%Deribit4.9678+6.513%Backpack4.9691+6.542%Extended4.9692+6.543%SunX4.9694+6.548%Polymarket Perps4.9696+6.552%Pacifica4.9697+6.554%Arcus4.9697+6.554%edgeX4.9699+6.558%GMX4.9704+6.570%Binance4.9706+6.574%dYdX4.9709+6.579%ApeX Omni4.9710+6.582%KuCoin4.9712+6.587%Derive4.9713+6.588%Bybit4.9714+6.591%OKX4.9720+6.604%Gate4.9720+6.604%
Injective
Orderly
Paradex
Bulk
BloFin
Phemex
Bullet
Aevo
Nado
MEXC
SoDEX
Deribit
Backpack
Extended
SunX
Polymarket Perps
Pacifica
Arcus
GMX
Binance
dYdX
ApeX Omni
KuCoin
Derive
Bybit
OKX
GatePerpl4.9722+6.607%
RISEx4.9722+6.609%Aster4.9723+6.610%Hyperliquid4.9723+6.610%Aftermath Perps4.9724+6.612%gTrade (Gains Network)4.9729+6.622%Bitget4.9730+6.625%HTX4.9731+6.627%Lighter4.9746+6.660%
RISEx
Aster
Hyperliquid
gTrade (Gains Network)
Bitget
HTX
LighterPhoenix4.9753+6.675%
Lighter RH4.9755+6.679%Coinbase International4.9772+6.715%
Lighter RH
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 | −6.257% | +0.0033% | 1h | $409 | $427 | 5.5x | as long as short |
| Orderly PERP_LIT_USDC | −0.297% | −0.0463% | 4h | $34K | $16K | 10x | as long as short |
| Paradex LIT-USD-PERP | −0.259% | +0.0049% | 8h | $5K | $1K | 5x | as long as short |
| Bulk LIT-USD | −0.238% | +0.0100% | 1h | $126K | $23K | 10x | as long as short |
| 01 Exchange LITUSD | −0.223% | −0.0136% | 1h | $35K | $15K | 5x | as long as short |
| BloFin LIT-USDT | −0.207% | +0.0340% | 4h | $1.7M | $2.2M | 75x | as long as short |
| Phemex LITUSDT | −0.187% | −0.0286% | 4h | $1.5M | $2.8M | 20x | as long as short |
| Bullet LIT-USD | −0.186% | −0.0218% | 1h | $88K | $79K | 20x | as long as short |
| Aevo LIT-PERP | −0.183% | +0.0104% | 1h | $155K | $44K | 3x | as long as short |
| Nado LIT-PERP | −0.182% | +0.0030% | 1h | $2.1M | $1.6M | 10x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC LIT_USDT | −0.165% | +0.0100% | 4h | $7.7M | $4.0M | 100x | as long as short |
| SoDEX LIT-USD | −0.157% | +0.0100% | 1h | $2K | $499K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.151% | −0.0635% | 1h | $34K | $23K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.125% | +0.0100% | 1h | $702K | $1.4M | 5x | as long as short |
| Extended LIT-USD | −0.123% | +0.0104% | 1h | $5.8M | $5.9M | 25x | as long as short |
| SunX LIT-USDT | −0.119% | +0.0100% | 4h | $4K | $1.2M | 20x | as long as short |
| Polymarket Perps LIT-USD | −0.115% | +0.0061% | 1h | $471K | $83K | 10x | as long as short |
| Pacifica LIT | −0.113% | +0.0100% | 1h | $618K | $2.0M | 10x | as long as short |
| Arcus LIT-USD | −0.113% | +0.0100% | 1h | $114K | $461K | 5x | as long as short |
| edgeX LITUSDC | −0.109% | +0.0100% | 4h | $302K | $312K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | −0.098% | L +0.0459% / S −0.0253% | 1h | $65K | — | 50x | as long as short |
| Binance LITUSDT | −0.094% | +0.0100% | 4h | $78.9M | $81.9M | 75x | as long as short |
| dYdX LIT-USD | −0.089% | 0.0000% | 1h | $36K | — | 5x | as long as short |
| ApeX Omni LITUSDT | −0.086% | +0.0062% | 1h | $31K | $62K | 50x | as long as short |
| KuCoin LITUSDTM | −0.082% | −0.0076% | 4h | $5.5M | $1.1M | 30x | as long as short |
| Derive LIT-PERP | −0.081% | +0.0100% | 1h | $2K | $1K | 6.7x | as long as short |
| Bybit LITUSDT | −0.078% | −0.0404% | 4h | $45.9M | $28.4M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.066% | −0.0324% | 4h | $27.2M | $64.1M | 50x | as long as short |
| Gate LIT_USDT | −0.066% | −0.0078% | 4h | $2.9M | $4.5M | 50x | as long as short |
| Perpl LITshort | −0.063% | +0.0447% | 43m | $32K | $870K | 33x | |
| RISEx LIT/USDC | −0.061% | −0.0019% | 1h | $882K | $1.8M | 5x | as long as short |
| Aster LITUSDT | −0.061% | +0.0100% | 4h | $13.2M | $2.9M | 50x | as long as short |
| Hyperliquid LIT | −0.060% | +0.0100% | 1h | $222.7M | $45.8M | 5x | as long as short |
| Aftermath Perps LITUSD | −0.059% | +0.0371% | 1h | $12K | $190K | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | −0.049% | L +0.0003% / S −0.0003% | 1h | $39K | — | 150x | as long as short |
| Bitget LITUSDT | −0.046% | +0.0100% | 4h | $7.3M | $2.4M | 20x | as long as short |
| HTX LIT-USDT | −0.044% | +0.0100% | 4h | $196K | $331K | 30x | as long as short |
| Lighter LIT | −0.014% | +0.0096% | 1h | $61.1M | $30.6M | 5x | as long as short |
| Phoenix LITlong | 0.000% | −0.0064% | 1h | $254K | $276K | 5x | |
| Lighter RH LIT | +0.004% | +0.0096% | 1h | $3.7M | $13.3M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | +0.038% | −0.0192% | 1h | $649K | $422K | 50x | as long as short |