LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.009%

Price spread now: Lighter against Derive+0.020%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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: Season 3 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive LIT-PERP	4.7672	0.0100	pay 0.0013% / 1h	41m 00s	$2K	—	6.7x
Short	Lighter LIT	4.7682	0.0096	get 0.0012% / 1h	41m 00s	$59.6M	$29.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DerivebpFee LighterbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$0.84
Price spread: +0.020% → 0.000%: $1.99
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$4.85
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Lighter: live order book, 8 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 Derive no order-book sample	—	—	—	—	—
Sell Lighter live order book, 8 min ago	0.74 bp	5.2 bp −$5	19.6 bp −$196	doesn't fit	doesn't fit

Derive: 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
Deribit LIT_USDC-PERPETUAL	−0.0669%	1h	4.7633	−0.082%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0509%	4h	4.7577	−0.200%	$33K	$2K	10x	as long as short
Gate LIT_USDT	−0.0412%	4h	4.7630	−0.089%	$2.8M	$4.4M	50x	as long as short
01 Exchange LITUSD	−0.0392%	1h	4.7647	−0.053%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0323%	1h	4.7645	−0.058%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0244%	4h	4.7613	−0.125%	$25.9M	$64.3M	50x	as long as short
KuCoin LITUSDTM	−0.0142%	4h	4.7627	−0.095%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7653	−0.041%	$674K	$404K	50x	as long as short
Phemex LITUSDT	−0.0046%	4h	4.7610	−0.131%	$1.4M	$2.7M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.7328	−0.723%	$205K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	−0.0028%	1h	4.7370	−0.635%	$56K	$77K	50x	as long as short
Perpl LIT	0.0000%	43m	4.7694	+0.046%	$32K	$860K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7680	+0.017%	$35K	—	150x	as long as short
Backpack LIT_USDC_PERP	+0.0003%	1h	4.7644	−0.060%	$686K	$1.4M	5x	as long as short
dYdX LIT-USD	+0.0007%	1h	4.7591	−0.170%	$34K	—	5x	as long as short
Nado LIT-PERP	+0.0019%	1h	4.7635	−0.079%	$2.2M	$1.7M	10x	as long as short
GRVT LIT_USDT_Perp	+0.0030%	4h	4.7520	−0.320%	$913K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.771%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0042%	8h	4.7613	−0.126%	$7K	$2K	5x	as long as short
Lighter LITshort	+0.0096%	1h	4.7682	+0.020%	$59.6M	$29.6M	5x
Aster LITUSDT	+0.0100%	4h	4.7700	+0.058%	$12.8M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7597	−0.159%	$591K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7592	−0.168%	$75.9M	$81.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7600	−0.152%	$42.9M	$30.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7663	−0.020%	$118K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7141	−1.115%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7605	−0.142%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7680	+0.016%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7434	−0.501%	$289K	$307K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7665	−0.016%	$451K	$104K	10x	as long as short
Derive LIT-PERPlong	+0.0100%	1h	4.7672	long leg	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.7621	−0.108%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7641	−0.066%	$996	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7686	+0.028%	$190K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7615	−0.120%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7624	−0.101%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7698	+0.054%	$813K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7694	+0.045%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0224%	1h	4.7712	+0.083%	$214.0M	$45.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0331%	1h	4.7455	−0.456%	$10K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7622	−0.106%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0386% / S −0.0176%	1h	4.7675	+0.005%	$63K	—	50x	as long as short