Funding you earn now, next payment 05:00 UTC−0.0277%/8h= −30.3% APRnext payment −$0.35 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter RH against Aftermath Perps−0.002%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 3 days (all we have)−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)−0.705%−$70 · spread now −0.002%, 7d avg +0.020%
=Together, before fees−0.797%+ Points / potential airdropLighter RH: Points live · farm board−$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Lighter RH is 0.022% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.092% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps LITUSD | 4.7219 | 0.0421 | pay 0.0053% / 1h | 10m 26s | $9K | $204K | 10x |
| Short | Lighter RH LIT | 4.7218 | 0.0144 | get 0.0018% / 1h | 10m 26s | $3.7M | $13.2M | 5x |
Aftermath Perps LITUSD
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aftermath Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$58.16
- Price spread: −0.002% → +0.020%
- −$2.25
- Slippage, 4 orders
- −$55.78
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$125.19
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from Aftermath Perps: live order book, 44 min ago; Lighter RH: live order book, 3 min ago.
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 Aftermath Perps live order book, 44 min ago | 4.02 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.80 bp | 6.0 bp −$6 | 13.5 bp −$135 | doesn't fit | doesn't fit |
LIT on 42 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0633% | 1h | 4.7162 | −0.122% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.7112 | −0.227% | $32K | $1K | 10x | as long as short |
| Phemex LITUSDT | −0.0346% | 4h | 4.7140 | −0.168% | $1.3M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0336% | 1h | 4.7094 | −0.265% | $33K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0323% | 1h | 4.7138 | −0.172% | $84K | $67K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −0.725% | $607K | $357K | 50x | as long as short |
| Bybit LITUSDT | −0.0185% | 4h | 4.7161 | −0.123% | $41.1M | $28.8M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0088% | 1h | 4.7130 | −0.189% | $56K | $75K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0088% | 4h | 4.7167 | −0.110% | $25.4M | $60.7M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0028% | 4h | 4.7178 | −0.087% | $5.3M | $1.0M | 30x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
Bybit LITUSDT
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0017% | 1h | 4.7260 | +0.087% | $203K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7202 | −0.037% | $787K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7192 | −0.058% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7211 | −0.016% | $31K | $738K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7189 | −0.063% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.738% | $422 | $178K | 5.5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0066% | 4h | 4.7167 | −0.110% | $908K | $1.8M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0092% | 8h | 4.7086 | −0.281% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7207 | −0.026% | $58.9M | $28.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7136 | −0.175% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7231 | +0.025% | $210.9M | $41.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7153 | −0.140% | $573K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7147 | −0.153% | $75.7M | $78.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7170 | −0.104% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7176 | −0.091% | $118K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7140 | −0.168% | $2.7M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7128 | −0.193% | $5.7M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7180 | −0.083% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7183 | −0.076% | $661K | $1.3M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7179 | −0.085% | $289K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7154 | −0.138% | $443K | $87K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7205 | −0.031% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7149 | −0.148% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7175 | −0.093% | $1K | $372K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7223 | +0.008% | $200K | $358K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7148 | −0.151% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7142 | −0.164% | $147K | — | 3x | as long as short |
| Lighter RH LITshort | +0.0144% | 1h | 4.7218 | −0.002% | $3.7M | $13.2M | 5x | |
| Aster LITUSDT | +0.0236% | 4h | 4.7226 | +0.014% | $12.6M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7149 | −0.148% | $1.6M | $1.9M | 75x | as long as short |
| Aftermath Perps LITUSDlong | +0.0421% | 1h | 4.7219 | long leg | $9K | $204K | 10x | |
| GMX LIT/USD [ETH-USDC] | L +0.0437% / S −0.0231% | 1h | 4.7208 | −0.024% | $65K | — | 50x | as long as short |
Phoenix LIT
RISEx LIT/USDC
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
GRVT LIT_USDT_Perp
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]