Funding you earn now, next payment 05:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.022%
Price spread now: Lighter RH against Arcus+0.210%55s7-day average +0.121% · 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—prices read too far apart to compare
costs, in and out, $10k−$250.248% of the position
Funding, last 4 days (all we have)+0.233%+$23 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now +0.210%, 7d avg +0.121%
=Together, before fees+0.339%+ Points / potential airdropLighter RH: Points live · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.089% dearer against Arcus than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.121%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus LIT-USD | 4.7170 | 0.0100 | pay 0.0013% / 1h | 9m 45s | $115K | $451K | 5x |
| Short | Lighter RH LIT | 4.7269 | 0.0144 | get 0.0018% / 1h | 9m 45s | $3.7M | $13.2M | 5x |
Arcus LIT-USD
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $9.24
- Price spread: +0.210% → +0.121%
- $8.92
- Slippage, 4 orders
- −$20.26
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$6.6
- Costs to cover
- 0.248%
- Break-even
- 12.0 days
Slippage from Arcus: live order book, 44 min ago; Lighter RH: live order book, 4 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, 44 min ago | 4.65 bp | 7.9 bp −$8 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 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 | −0.0685% | 1h | 4.7147 | −0.049% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0393% | 4h | 4.7080 | −0.191% | $32K | $1K | 10x | as long as short |
| Phemex LITUSDT | −0.0374% | 4h | 4.7130 | −0.085% | $1.3M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0336% | 1h | 4.7094 | −0.161% | $33K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0323% | 1h | 4.7138 | −0.068% | $84K | $67K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −0.622% | $607K | $357K | 50x | as long as short |
| Bybit LITUSDT | −0.0205% | 4h | 4.7195 | +0.053% | $41.2M | $28.8M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0091% | 4h | 4.7193 | +0.049% | $25.4M | $60.7M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0088% | 1h | 4.7130 | −0.085% | $56K | $75K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0028% | 4h | 4.7210 | +0.085% | $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
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
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 | +0.191% | $203K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7202 | +0.067% | $787K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7222 | +0.109% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7211 | +0.088% | $31K | $738K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7189 | +0.041% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.844% | $422 | $178K | 5.5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0066% | 4h | 4.7167 | −0.006% | $908K | $1.8M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0092% | 8h | 4.7086 | −0.178% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7257 | +0.184% | $58.9M | $28.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7136 | −0.071% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7252 | +0.174% | $211.0M | $40.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7153 | −0.036% | $573K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7165 | −0.011% | $75.7M | $78.6M | 75x | as long as short |
| Arcus LIT-USDlong | +0.0100% | 1h | 4.7170 | long leg | $115K | $451K | 5x | |
| Bulk LIT-USD | +0.0100% | 1h | 4.7176 | +0.013% | $118K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7200 | +0.064% | $2.7M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7171 | +0.002% | $5.7M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7240 | +0.148% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7199 | +0.061% | $661K | $1.3M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7179 | +0.019% | $289K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7154 | −0.034% | $443K | $87K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7179 | +0.018% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7126 | −0.093% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7161 | −0.019% | $1K | $372K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7169 | −0.002% | $199K | $358K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7180 | +0.021% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7117 | −0.112% | $147K | — | 3x | as long as short |
| Lighter RH LITshort | +0.0144% | 1h | 4.7269 | +0.210% | $3.7M | $13.2M | 5x | |
| Aster LITUSDT | +0.0235% | 4h | 4.7234 | +0.137% | $12.6M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7149 | −0.045% | $1.6M | $1.9M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0421% | 1h | 4.7219 | +0.104% | $9K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0437% / S −0.0231% | 1h | 4.7181 | +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
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
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]