Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Lighter against Arcus+0.119%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 3 days (all we have)+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)+0.244%+$24 · spread now +0.119%, 7d avg +0.080%
=Together, before fees+0.380%+ Points / potential airdropLighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.039% dearer against Arcus than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus LIT-USD | 4.7163 | 0.0100 | pay 0.0013% / 1h | 46m 08s | $118K | $442K | 5x |
| Short | Lighter LIT | 4.7219 | 0.0096 | get 0.0012% / 1h | 46m 08s | $59.2M | $29.9M | 5x |
Arcus LIT-USD
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Arcus. 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
- −$0.84
- Price spread: +0.119% → +0.080%
- $3.91
- Slippage, 4 orders
- −$19.43
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.86
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 42 min ago; Lighter: live order book, 8 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 Arcus live order book, 42 min ago | 5.08 bp | 10.6 bp −$11 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.84 bp | 2.2 bp −$2 | 6.6 bp −$66 | 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 | −0.0953% | 1h | 4.7153 | −0.021% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0680% | 1h | 4.7095 | −0.144% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0645% | 1h | 4.7187 | +0.051% | $663K | $1.5M | 5x | as long as short |
| Gate LIT_USDT | −0.0588% | 4h | 4.7170 | +0.015% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0577% | 4h | 4.7083 | −0.170% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0399% | 4h | 4.7110 | −0.112% | $1.3M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0330% | 4h | 4.7196 | +0.070% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0301% | 4h | 4.7149 | −0.030% | $24.9M | $60.7M | 50x | as long as short |
| Bullet LIT-USD | −0.0301% | 1h | 4.7151 | −0.026% | $85K | $81K | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0278% | 4h | 4.7360 | +0.417% | $897K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Bullet LIT-USD
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0255% | 4h | 4.7149 | −0.030% | $42.6M | $30.4M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7349 | +0.394% | $653K | $399K | 50x | as long as short |
| Nado LIT-PERP | −0.0138% | 1h | 4.7145 | −0.038% | $2.1M | $1.7M | 10x | as long as short |
| Extended LIT-USD | −0.0080% | 1h | 4.7126 | −0.078% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0077% | 1h | 4.7135 | −0.059% | $977 | $484K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7435 | +0.577% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0017% | 8h | 4.7116 | −0.100% | $5K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7180 | +0.036% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7197 | +0.072% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7186 | +0.048% | $812K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.860% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0036% | 4h | 4.7126 | −0.078% | $5.8M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0037% | 4h | 4.7129 | −0.071% | $74.5M | $80.9M | 75x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7114 | −0.105% | $147K | $44K | 3x | as long as short |
| edgeX LITUSDC | +0.0051% | 4h | 4.7388 | +0.477% | $288K | $312K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0071% | 1h | 4.7166 | +0.006% | $445K | $105K | 10x | as long as short |
| Bulk LIT-USD | +0.0077% | 1h | 4.7397 | +0.496% | $119K | $7K | 10x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.7219 | +0.119% | $59.2M | $29.9M | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7176 | +0.028% | $209.6M | $44.6M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7186 | +0.048% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7165 | +0.004% | $592K | $1.8M | 10x | as long as short |
| Arcus LIT-USDlong | +0.0100% | 1h | 4.7163 | long leg | $118K | $442K | 5x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7200 | +0.078% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7450 | +0.609% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7182 | +0.040% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7159 | −0.008% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7273 | +0.233% | $189K | $327K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7175 | +0.025% | $31K | $844K | 33x | as long as short |
| BloFin LIT-USDT | +0.0147% | 4h | 4.7025 | −0.293% | $1.5M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0185% | 1h | 4.7407 | +0.518% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0344% | 1h | 4.7238 | +0.159% | $3.7M | $14.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0387% / S −0.0190% | 1h | 4.7193 | +0.064% | $59K | — | 50x | as long as short |
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Nado LIT-PERP
Extended LIT-USD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]