Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter RH against Bulk+0.918%7-day average +0.127% · 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+$54as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 4 days (all we have)+0.270%+$27 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.918%, 7d avg +0.127%
=Together, before fees+0.181%+ Points / potential airdropLighter RH: Points live · farm board+$18 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 RH is 0.791% dearer against Bulk than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of +0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk LIT-USD | 4.7738 | 0.0100 | pay 0.0013% / 1h | 22m 47s | $121K | $2K | 10x |
| Short | Lighter RH LIT | 4.8176 | 0.0096 | get 0.0012% / 1h | 22m 47s | $3.7M | $12.2M | 5x |
Bulk LIT-USD
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bulk. 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: +0.918% → +0.127%
- $79.09
- Slippage, 4 orders
- −$18.23
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $53.03
- Costs to cover
- 0.252%
- Break-even
- from the start
Slippage from Bulk: live order book, 11 min ago; Lighter RH: live order book, 6 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 Bulk live order book, 11 min ago | 1.04 bp | 8.4 bp −$8 | 15.5 bp −$155 | 42.7 bp −$4,269 | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 1.36 bp | 3.2 bp −$3 | 11.3 bp −$113 | 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 | −0.0467% | 1h | 4.8090 | +0.738% | $42K | $39K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0440% | 1h | 4.8006 | +0.561% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0383% | 4h | 4.8032 | +0.616% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7913 | +0.367% | $607K | $336K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0244% | 4h | 4.7890 | +0.319% | $891K | $2.0M | 10x | as long as short |
| Bullet LIT-USD | −0.0221% | 1h | 4.8057 | +0.669% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0155% | 4h | 4.8072 | +0.700% | $26.0M | $59.0M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0108% | 1h | 4.7810 | +0.151% | $57K | $75K | 50x | as long as short |
| Gate LIT_USDT | −0.0106% | 4h | 4.8100 | +0.758% | $2.8M | $4.0M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0054% | 1h | 4.8103 | +0.765% | $686K | $985K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
Gate LIT_USDT
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0034% | 4h | 4.8070 | +0.695% | $41.7M | $27.0M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7991 | +0.530% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8099 | +0.756% | $36K | — | 150x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.7914 | +0.369% | $206K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.633% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0057% | 1h | 4.8055 | +0.664% | $2.1M | $1.6M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8155 | +0.874% | $59.9M | $26.1M | 5x | as long as short |
| Lighter RH LITshort | +0.0096% | 1h | 4.8176 | +0.918% | $3.7M | $12.2M | 5x | |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.8045 | +0.643% | $7K | $2K | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8125 | +0.811% | $217.1M | $37.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8041 | +0.635% | $653K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8041 | +0.635% | $77.2M | $73.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8061 | +0.677% | $126K | $413K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8038 | +0.628% | $6.2M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8115 | +0.790% | $5.5M | $867K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8100 | +0.758% | $6.9M | $2.4M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7913 | +0.366% | $294K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8055 | +0.664% | $448K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7720 | −0.038% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8084 | +0.725% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8105 | +0.769% | $1K | $334K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8084 | +0.725% | $193K | $305K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8080 | +0.716% | $1.4M | $2.7M | 20x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.7738 | long leg | $121K | $2K | 10x | |
| Extended LIT-USD | +0.0104% | 1h | 4.8051 | +0.655% | $5.0M | $5.5M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8074 | +0.704% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8042 | +0.638% | $821K | $2.4M | 5x | as long as short |
| Aster LITUSDT | +0.0300% | 4h | 4.8112 | +0.783% | $12.9M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8141 | +0.844% | $32K | $625K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8068 | +0.691% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8108 | +0.775% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0453% | 1h | 4.7934 | +0.410% | $9K | $197K | 10x | as long as short |
Bybit LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Phoenix LIT
Injective LIT/USDC PERP
Nado LIT-PERP
Lighter LIT
Paradex LIT-USD-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD