Just ran the numbers on execution costs across platforms for a $100k order—the gaps are wild.



For BTC trades? Lighter crushes it with the tightest spreads. Paradex sits right behind as a solid runner-up. Meanwhile, Extended and HL are bleeding you dry at 5-10x the cost. That's not a rounding error—that's your profit margin.

ETH tells the same story. Lighter dominates. Paradex holds second. But Extended and HL? Execution costs spiral into multiples that make zero sense if you're moving serious size.

SOL follows the pattern.

If you're pushing six figures per order, platform choice isn't optional anymore—it's the difference between winning and getting clipped on every fill.
BTC-1.29%
ETH-0.32%
SOL-2.23%
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LiquidationKingvip
· 22h ago
ngl this data is pretty brutal, the difference is so big it can wipe out an entire profit margin... --- Lighter is definitely aggressive, but Paradex hasn't fallen far behind either. --- My friend is still trading on Extended, seeing this I need to persuade him to switch platforms. --- Still using HL for six-figure orders... is this guy just arbitraging himself? --- BTC, ETH, and SOL all follow the same pattern, so it's clearly not a coincidence—the fee models between platforms are just way too different. --- This is real alpha, way more reliable than any technical analysis. --- Paradex holds a steady second place, not as fierce as Lighter but you're not losing too much either. --- 5-10x cost difference... damn, I basically worked a month for nothing because of this gap. --- The problem is, tons of people are still using the platform, nobody's even doing this math. --- People who switched to Lighter early must be thrilled right now.
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MissedTheBoatvip
· 12-08 07:55
No wonder I lost so much on extended before, turns out it wasn't because my skills were bad 😅 Damn, the spread is this huge? Feels like I paid tuition for nothing. Is Lighter really that good? I have to find some time to try it, but I'm too lazy to switch platforms. A tenfold difference is insane. I have a friend still playing big amounts on HL, I need to remind him. Choosing the wrong platform can kill your profits in a single trade, this is the real cost killer.
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FalseProfitProphetvip
· 12-08 07:49
Bro, this data is insane. Lighter is absolutely crushing other platforms, those Extended and HL are just money grabs. --- Only after running 100k orders did I realize, choosing the wrong platform can seriously wipe out your profits. --- Damn, Paradex being second place is a surprise. I thought only Lighter was worth looking at. --- Is HL even usable? I really don’t get how anyone still uses it with execution costs that outrageous. --- The key is that big players have to be picky. When you're starting with six figures, a platform difference is a profit difference—no argument there. --- Is Lighter really this stable? If it weren't for this data, I wouldn't have even considered other platforms. --- So basically it's just between Paradex and Lighter; the other platforms are basically useless. --- "Bleeding dry" is the perfect way to put it. With a 5-10x cost difference, anyone would switch platforms.
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LayerZeroEnjoyervip
· 12-08 07:33
ngl Lighter is honestly a huge win, the difference in fees alone can be thousands of bucks. How are there still people using Extended and HL? That’s just giving away money. Paradex is indeed stable, but if you’re trading big, you’ve got to go with Lighter. People who pick platforms at random for six-figure orders—how much are they losing? This is just common sense. How are there still people not factoring in execution costs? Can’t believe it.
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