Funding you earn now, next payment 23:00 UTC+0.0981%/8h= +107.4% APRnext payment +$1.23 per $10,000 · paid last 24h +0.227%
Price spread now: Lighter RH against Deribit+0.236%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Lighter RH is 0.236% dearer against Deribit than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7417 | −0.0789 | get 0.0099% / 1h | 8m 47s | $42K | $40K | 10x |
| Short | Lighter RH LIT | 4.7529 | 0.0192 | get 0.0024% / 1h | 8m 47s | $3.7M | $13.8M | 5x |
Deribit LIT_USDC-PERPETUAL
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Deribit. 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
- $205.93
- Price spread: +0.236% → 0.000%
- $23.58
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $222.51
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 1.59 bp | 1.6 bp −$2 | 8.8 bp −$88 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1176% | 4h | 4.7510 | +0.196% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUALlong | −0.0789% | 1h | 4.7417 | long leg | $42K | $40K | 10x | |
| Backpack LIT_USDC_PERP | −0.0651% | 1h | 4.7487 | +0.147% | $666K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0628% | 4h | 4.7368 | −0.104% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7364 | −0.112% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0499% | 4h | 4.7420 | +0.006% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0470% | 4h | 4.7432 | +0.031% | $25.7M | $63.4M | 50x | as long as short |
| Bullet LIT-USD | −0.0331% | 1h | 4.7406 | −0.024% | $85K | $81K | 20x | as long as short |
| Aftermath Perps LITUSD | −0.0251% | 1h | 4.7285 | −0.280% | $10K | $202K | 10x | as long as short |
| Bybit LITUSDT | −0.0245% | 4h | 4.7440 | +0.048% | $42.8M | $30.2M | 75x | as long as short |
Gate LIT_USDT
Backpack LIT_USDC_PERP
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Aftermath Perps LITUSD
Bybit LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.0238% | 4h | 4.7456 | +0.082% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7507 | +0.189% | $672K | $401K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0134% | 4h | 4.7261 | −0.329% | $900K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7448 | +0.065% | $812K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7192 | −0.475% | $204K | $327K | 5x | as long as short |
| Nado LIT-PERP | −0.0005% | 1h | 4.7396 | −0.044% | $2.2M | $1.7M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7493 | +0.160% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7423 | +0.012% | $31K | $840K | 33x | as long as short |
| Paradex LIT-USD-PERP | +0.0002% | 8h | 4.7375 | −0.088% | $7K | $2K | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7485 | +0.143% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.313% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0056% | 4h | 4.7416 | −0.003% | $75.3M | $81.0M | 75x | as long as short |
| MEXC LIT_USDT | +0.0060% | 4h | 4.7436 | +0.040% | $5.7M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0062% | 4h | 4.7408 | −0.019% | $288K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7410 | −0.015% | $148K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7516 | +0.208% | $59.8M | $30.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7512 | +0.200% | $212.3M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7502 | +0.179% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7459 | +0.088% | $615K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7421 | +0.008% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7396 | −0.045% | $118K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7470 | +0.111% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7280 | −0.289% | $55K | $76K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7429 | +0.025% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7465 | +0.101% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7426 | +0.019% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7424 | +0.014% | $995 | $465K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7467 | +0.105% | $190K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7439 | +0.045% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LITshort | +0.0192% | 1h | 4.7529 | +0.236% | $3.7M | $13.8M | 5x | |
| BloFin LIT-USDT | +0.0225% | 4h | 4.7391 | −0.055% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7458 | +0.086% | $62K | — | 50x | as long as short |
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Phoenix LIT
Nado LIT-PERP
dYdX LIT-USD
Perpl LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]