Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.068%
Price spread now: Lighter against BloFin+0.187%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.187%, 7d avg +0.161%
=Together, before fees−0.037%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.026% dearer against BloFin than usual: you sell high and buy low (spread +0.187% now, against its 7-day average of +0.161%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.156% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.156% in total (about -8.1% a year). A funding rate is set anew for every payment. 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 | BloFin LIT-USDT | 4.7013 | 0.0340 | pay 0.0170% / 4h | 3h 58m | $1.5M | $1.9M | 75x |
| Short | Lighter LIT | 4.7101 | 0.0096 | get 0.0012% / 1h | 58m 30s | $58.7M | $27.9M | 5x |
BloFin LIT-USDT
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$51.24
- Price spread: +0.187% → +0.161%
- $2.62
- Slippage, 4 orders
- −$19.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$80.32
- Costs to cover
- 0.317%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Lighter: live order book, 5 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 BloFin live order book, 4 min ago | 2.02 bp | 13.9 bp −$14 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.85 bp | 3.8 bp −$4 | 15.1 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LIT-PERP | −0.0625% | 1h | 4.7029 | +0.035% | $2.2M | $1.7M | 10x | as long as short |
| Gate LIT_USDT | −0.0434% | 4h | 4.7080 | +0.143% | $2.7M | $4.2M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0390% | 4h | 4.6993 | −0.043% | $32K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0368% | 1h | 4.7060 | +0.101% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0344% | 1h | 4.7012 | −0.002% | $33K | $3K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0306% | 1h | 4.7052 | +0.083% | $661K | $1.4M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6904 | −0.232% | $613K | $352K | 50x | as long as short |
| Bybit LITUSDT | −0.0179% | 4h | 4.7030 | +0.036% | $41.2M | $28.9M | 75x | as long as short |
| Bullet LIT-USD | −0.0141% | 1h | 4.7034 | +0.045% | $84K | $68K | 20x | as long as short |
| Phemex LITUSDT | −0.0101% | 4h | 4.7030 | +0.036% | $1.3M | $2.8M | 20x | as long as short |
Nado LIT-PERP
Gate LIT_USDT
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Bybit LITUSDT
Bullet LIT-USD
Phemex LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0034% | 1h | 4.7099 | +0.183% | $203K | $297K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7084 | +0.150% | $785K | $2.1M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7102 | +0.188% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7079 | +0.141% | $11K | — | 150x | as long as short |
| OKX LIT-USDT-SWAP | +0.0004% | 4h | 4.7040 | +0.057% | $25.3M | $61.2M | 50x | as long as short |
| KuCoin LITUSDTM | +0.0012% | 4h | 4.7025 | +0.026% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.185% | $422 | $178K | 5.5x | as long as short |
| Aftermath Perps LITUSD | +0.0045% | 1h | 4.7094 | +0.173% | $10K | $204K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0067% | 1h | 4.7080 | +0.143% | $56K | $76K | 50x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.6990 | −0.050% | $6K | $2K | 5x | as long as short |
| Extended LIT-USD | +0.0080% | 1h | 4.7022 | +0.019% | $5.2M | $5.0M | 25x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.7101 | +0.187% | $58.7M | $27.9M | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7104 | +0.194% | $210.3M | $42.1M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7065 | +0.111% | $575K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7029 | +0.034% | $75.3M | $79.3M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7074 | +0.130% | $117K | $452K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7058 | +0.096% | $120K | $4K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7018 | +0.011% | $5.6M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7050 | +0.079% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7103 | +0.192% | $288K | $306K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.7089 | +0.162% | $906K | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7046 | +0.070% | $440K | $109K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7090 | +0.164% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7096 | +0.177% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7041 | +0.060% | $1K | $387K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7182 | +0.359% | $199K | $360K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7068 | +0.116% | $147K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7098 | +0.180% | $31K | $759K | 33x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7139 | +0.268% | $3.8M | $13.0M | 5x | as long as short |
| Aster LITUSDT | +0.0245% | 4h | 4.7107 | +0.200% | $12.6M | $1.9M | 50x | as long as short |
| BloFin LIT-USDTlong | +0.0340% | 4h | 4.7013 | long leg | $1.5M | $1.9M | 75x | |
| GMX LIT/USD [ETH-USDC] | L +0.0436% / S −0.0231% | 1h | 4.7110 | +0.207% | $65K | — | 50x | as long as short |
Phoenix LIT
RISEx LIT/USDC
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Injective LIT/USDC PERP
Aftermath Perps LITUSD
ApeX Omni LITUSDT
Paradex LIT-USD-PERP
Extended LIT-USD
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aevo LIT-PERP
Perpl LIT
Lighter RH LIT
Aster LITUSDT
GMX LIT/USD [ETH-USDC]