Funding you earn now, next payment 06:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.050%
Price spread now: Lighter RH against BloFin+0.438%91s7-day average +0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.438%, 7d avg +0.202%
=Together, before fees−0.207%+ Points / potential airdropLighter RH: Points live · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.236% dearer against BloFin than usual: you sell high and buy low (spread +0.438% now, against its 7-day average of +0.202%): +$24 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.047% in total) that is about 35 days. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.4% 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 | 4.7260 | 0.0340 | pay 0.0170% / 4h | 2h 59m | $1.6M | $1.9M | 75x |
| Short | Lighter RH LIT | 4.7467 | 0.0104 | get 0.0013% / 1h | 59m 45s | $3.8M | $12.8M | 5x |
BloFin LIT-USDT
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$49.56
- Price spread: +0.438% → +0.202%
- $23.55
- Slippage, 4 orders
- −$23.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$61.34
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 0.11 bp | 14.0 bp −$14 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 2.86 bp | 5.5 bp −$6 | 12.2 bp −$122 | 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 | −0.0604% | 1h | 4.7387 | +0.268% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.7323 | +0.133% | $32K | $1K | 10x | as long as short |
| Phemex LITUSDT | −0.0386% | 4h | 4.7350 | +0.190% | $1.4M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0384% | 1h | 4.7320 | +0.127% | $31K | $5K | 5x | as long as short |
| Bullet LIT-USD | −0.0343% | 1h | 4.7379 | +0.252% | $85K | $67K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −0.811% | $607K | $354K | 50x | as long as short |
| Bybit LITUSDT | −0.0203% | 4h | 4.7363 | +0.218% | $41.3M | $28.6M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0143% | 1h | 4.7170 | −0.190% | $56K | $74K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0107% | 4h | 4.7368 | +0.229% | $25.5M | $60.5M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0024% | 4h | 4.7377 | +0.248% | $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 | 4.7286 | +0.055% | $203K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7367 | +0.226% | $793K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7391 | +0.278% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7400 | +0.296% | $31K | $704K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7418 | +0.335% | $11K | — | 150x | as long as short |
| GRVT LIT_USDT_Perp | +0.0010% | 4h | 4.7206 | −0.115% | $909K | $1.8M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.650% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0091% | 8h | 4.7315 | +0.117% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7454 | +0.410% | $59.2M | $27.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7330 | +0.148% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7454 | +0.410% | $211.9M | $40.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7376 | +0.245% | $577K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7349 | +0.188% | $76.0M | $77.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7347 | +0.184% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7207 | −0.112% | $118K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7370 | +0.233% | $2.8M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7345 | +0.180% | $5.8M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7400 | +0.296% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7412 | +0.322% | $664K | $1.2M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7216 | −0.092% | $289K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7374 | +0.241% | $445K | $87K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7419 | +0.336% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7375 | +0.243% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7399 | +0.294% | $1K | $349K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7426 | +0.351% | $201K | $348K | 30x | as long as short |
| Lighter RH LITshort | +0.0104% | 1h | 4.7467 | +0.438% | $3.8M | $12.8M | 5x | |
| Extended LIT-USD | +0.0104% | 1h | 4.7329 | +0.146% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7371 | +0.236% | $148K | — | 3x | as long as short |
| Aster LITUSDT | +0.0238% | 4h | 4.7476 | +0.457% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDTlong | +0.0340% | 4h | 4.7260 | long leg | $1.6M | $1.9M | 75x | |
| GMX LIT/USD [ETH-USDC] | L +0.0438% / S −0.0231% | 1h | 4.7420 | +0.340% | $66K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0494% | 1h | 4.7301 | +0.086% | $9K | $204K | 10x | as long as short |
Phoenix LIT
RISEx LIT/USDC
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
GRVT LIT_USDT_Perp
Injective LIT/USDC 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
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD