Spread before costs (cost unknown: a leg has no order-book sample)+0.040%
7d average—if it closes, per $10,000$4funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX LITE-USD | 956.45 | 0.0050 | pay 0.0006% / 1h | 26m 24s | $23K | $10K | 10x |
| Short | Phemex LITEUSDT | 956.83 | 0 | get 0.0000% / 8h | 6h 26m | $1.5M | $578K | 10x |
SoDEX LITE-USD
Phemex LITEUSDTPrice 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
- $3.97
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$17.53
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 2.35 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SoDEX: 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.Bitget955.98cheapestOKX956.07+0.009%Bybit956.20+0.023%KuCoin956.20+0.023%Gate956.25+0.028%Binance956.28+0.031%Lighter956.36+0.040%Extended956.40+0.044%Ondo Perps956.40+0.044%Vest956.41+0.045%QFEX956.42+0.046%
Bitget
OKX
Bybit
KuCoin
Gate
Binance
Lighter
Extended
Ondo Perps
Vest
QFEXSoDEX956.45+0.049%
Orderly956.53+0.058%tradeXYZ956.55+0.060%Aevo956.58+0.063%Polymarket Perps956.63+0.068%Variational Omni956.65+0.070%SunX956.70+0.075%Aster956.74+0.079%
Orderly
tradeXYZ
Aevo
Polymarket Perps
Variational Omni
SunX
AsterPhemex956.83+0.089%
Deribit956.84+0.090%edgeX957.44+0.153%ApeX Omni957.51+0.160%BloFin957.65+0.175%HTX958.08+0.220%Coinbase International961.87+0.616%
Deribit
ApeX Omni
BloFin
HTX
Coinbase InternationalLITE on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.049% | 0.0000% | 8h | $2.7M | $2.8M | 20x | as long as short |
| OKX LITE-USDT-SWAP | −0.040% | 0.0000% | 8h | $3.7M | $16.2M | 25x | as long as short |
| Bybit LITEUSDT | −0.026% | 0.0000% | 8h | $1.9M | $1.7M | 25x | as long as short |
| KuCoin LITEUSDTM | −0.026% | +0.0100% | 8h | $515K | $37K | 20x | as long as short |
| Gate LITE_USDT | −0.021% | 0.0000% | 8h | $7.9M | $5.8M | 50x | as long as short |
| Binance LITEUSDT | −0.018% | 0.0000% | 8h | $14.2M | $40.4M | 25x | as long as short |
| Lighter LITE | −0.009% | +0.0032% | 1h | $35K | $80K | 10x | as long as short |
| Extended LITE-USD | −0.006% | 0.0000% | 1h | $9K | $209K | 10x | as long as short |
| Ondo Perps LITE-USD.P | −0.005% | +0.0050% | 1h | $216K | $95K | 10x | as long as short |
| Vest LITE-USD-PERP | −0.004% | +0.0046% | 1h | — | $3K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | −0.003% | +0.0011% | 1h | $1.1M | $4.5M | 10x | as long as short |
| SoDEX LITE-USDlong | 0.000% | +0.0050% | 1h | $23K | $10K | 10x | |
| Orderly PERP_LITE_USDC_mythos | +0.008% | +0.0100% | 8h | $930 | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.010% | +0.0197% | 1h | $7.1M | $4.6M | 10x | as long as short |
| Aevo LITE-PERP | +0.014% | +0.0104% | 1h | — | — | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.019% | +0.0050% | 1h | $47K | $445K | 10x | as long as short |
| Variational Omni LITE | +0.021% | 0.0000% | 8h | $215K | $118K | — | as long as short |
| SunX LITE-USDT | +0.026% | 0.0000% | 8h | $475 | $4.2M | 10x | as long as short |
| Aster LITEUSDT | +0.030% | 0.0000% | 8h | $107K | $13K | 20x | as long as short |
| Phemex LITEUSDTshort | +0.040% | 0.0000% | 8h | $1.5M | $578K | 10x | |
| Deribit LITE_USDC-PERPETUAL | +0.041% | 0.0000% | 1h | $18K | $34K | 10x | as long as short |
| edgeX LITEUSDC | +0.104% | +0.0704% | 4h | $68K | $437K | 10x | as long as short |
| ApeX Omni LITEUSDT | +0.111% | +0.0100% | 1h | $16K | $268K | 50x | as long as short |
| BloFin LITE-USDT | +0.125% | −0.0024% | 8h | $236K | $225K | 20x | as long as short |
| HTX LITE-USDT | +0.170% | 0.0000% | 8h | $6K | $29K | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.567% | −0.0120% | 1h | $119K | $345K | 10x | as long as short |