Spread before costs (cost unknown: a leg has no order-book sample)−0.030%
7d average—if it closes, per $10,000$3funding while held, a day+$1.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 976.99 | 0 | get 0.0000% / 8h | 1h 25m | $1.6M | $501K | 10x |
| Short | Lighter LITE | 976.70 | 0.0040 | get 0.0005% / 1h | 25m 21s | $40K | $47K | 10x |
Phemex LITEUSDT
Lighter LITEPrice 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
- −$2.97
- Funding while held
- $1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.77
- Spread needed to break even
- 0.120%
Slippage unknown: Phemex: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.20
- 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, 4 min ago | 6.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
LITE price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International967.02cheapesttradeXYZ975.43+0.870%Bitget975.65+0.892%QFEX975.73+0.901%Aevo975.97+0.925%Binance976.02+0.931%Extended976.03+0.932%Vest976.07+0.936%Orderly976.11+0.940%KuCoin976.29+0.959%Bybit976.36+0.966%Polymarket Perps976.42+0.972%Deribit976.62+0.993%ApeX Omni976.66+0.997%
Coinbase International
tradeXYZ
Bitget
QFEX
Aevo
Binance
Extended
Vest
Orderly
KuCoin
Bybit
Polymarket Perps
Deribit
ApeX OmniLighter976.70+1.001%
SunX976.80+1.011%Gate976.83+1.014%SoDEX976.93+1.025%
SunX
Gate
SoDEXPhemex976.99+1.031%
BloFin977.00+1.032%Variational Omni977.05+1.037%OKX977.52+1.086%HTX980.04+1.346%Ondo Perps980.98+1.444%Aster981.26+1.473%edgeX981.78+1.527%
BloFin
Variational Omni
OKX
HTX
Ondo Perps
AsterLITE on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −1.020% | −0.0192% | 1h | $124K | $354K | 10x | as long as short |
| tradeXYZ xyz:LITE | −0.160% | +0.0165% | 1h | $7.6M | $3.6M | 10x | as long as short |
| Bitget LITEUSDT | −0.137% | 0.0000% | 8h | $2.8M | $2.3M | 20x | as long as short |
| QFEX LITE-USD | −0.129% | +0.0044% | 1h | $1.1M | $4.1M | 10x | as long as short |
| Aevo LITE-PERP | −0.105% | +0.0104% | 1h | — | — | 10x | as long as short |
| Binance LITEUSDT | −0.099% | +0.0053% | 8h | $15.5M | $30.6M | 25x | as long as short |
| Extended LITE-USD | −0.098% | +0.0056% | 1h | $9K | $209K | 10x | as long as short |
| Vest LITE-USD-PERP | −0.094% | +0.0046% | 1h | — | $2K | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | −0.090% | +0.0100% | 8h | $949 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | −0.072% | +0.0100% | 8h | $530K | $29K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit LITEUSDT | −0.064% | 0.0000% | 8h | $1.9M | $1.3M | 25x | as long as short |
| Polymarket Perps LITE-USD | −0.058% | +0.0050% | 1h | $48K | $456K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.038% | 0.0000% | 1h | $19K | $31K | 10x | as long as short |
| ApeX Omni LITEUSDT | −0.034% | +0.0100% | 1h | $16K | $267K | 50x | as long as short |
| Lighter LITEshort | −0.030% | +0.0040% | 1h | $40K | $47K | 10x | |
| SunX LITE-USDT | −0.019% | 0.0000% | 8h | $782 | $3.1M | 10x | as long as short |
| Gate LITE_USDT | −0.016% | 0.0000% | 8h | $8.4M | $4.4M | 50x | as long as short |
| SoDEX LITE-USD | −0.006% | +0.0064% | 1h | $21K | $9K | 10x | as long as short |
| Phemex LITEUSDTlong | 0.000% | 0.0000% | 8h | $1.6M | $501K | 10x | |
| BloFin LITE-USDT | +0.001% | +0.0189% | 8h | $245K | $207K | 20x | as long as short |
| Variational Omni LITE | +0.006% | 0.0000% | 8h | $237K | $94K | — | as long as short |
| OKX LITE-USDT-SWAP | +0.054% | +0.0201% | 8h | $4.1M | $11.4M | 25x | as long as short |
| HTX LITE-USDT | +0.312% | 0.0000% | 8h | $7K | $29K | 20x | as long as short |
| Ondo Perps LITE-USD.P | +0.408% | +0.0050% | 1h | $226K | $81K | 10x | as long as short |
| Aster LITEUSDT | +0.437% | 0.0000% | 8h | $110K | $4K | 20x | as long as short |
| edgeX LITEUSDC | +0.491% | +0.0416% | 4h | $83K | $394K | 10x | as long as short |