Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter RH against Derive+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.084% dearer against Derive than usual: you sell high and buy low: +$8 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 | Derive LIT-PERP | 4.7686 | 0.0100 | pay 0.0013% / 1h | 40m 01s | $2K | — | 6.7x |
| Short | Lighter RH LIT | 4.7726 | 0.0152 | get 0.0019% / 1h | 40m 01s | $3.7M | $13.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Derive. 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
- $10.92
- Price spread: +0.084% → 0.000%
- $8.42
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $13.34
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Lighter RH: live order book, 4 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 RH live order book, 4 min ago | 0.32 bp | 0.3 bp $0 | 8.0 bp −$80 | 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 | −0.0878% | 1h | 4.7632 | −0.113% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0511% | 4h | 4.7595 | −0.191% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0392% | 1h | 4.7596 | −0.188% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0323% | 1h | 4.7624 | −0.130% | $85K | $77K | 20x | as long as short |
| Gate LIT_USDT | −0.0322% | 4h | 4.7660 | −0.054% | $2.8M | $4.4M | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0240% | 4h | 4.7670 | −0.033% | $25.9M | $64.4M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0140% | 4h | 4.7644 | −0.088% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7653 | −0.069% | $674K | $404K | 50x | as long as short |
| Phemex LITUSDT | −0.0056% | 4h | 4.7620 | −0.138% | $1.4M | $2.7M | 20x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7328 | −0.750% | $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 | −0.662% | $56K | $77K | 50x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7672 | −0.028% | $32K | $860K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7681 | −0.010% | $35K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0006% | 1h | 4.7652 | −0.070% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | +0.0017% | 1h | 4.7635 | −0.107% | $2.2M | $1.7M | 10x | as long as short |
| Backpack LIT_USDC_PERP | +0.0022% | 1h | 4.7680 | −0.012% | $687K | $1.4M | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0030% | 4h | 4.7520 | −0.348% | $913K | $1.8M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.743% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0043% | 8h | 4.7633 | −0.111% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7709 | +0.049% | $59.7M | $29.6M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7700 | +0.030% | $12.8M | $2.3M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7666 | −0.042% | $592K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7628 | −0.121% | $76.0M | $81.3M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7640 | −0.096% | $42.9M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7639 | −0.098% | $118K | $455K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7141 | −1.143% | $118K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7630 | −0.117% | $5.7M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7690 | +0.009% | $6.8M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7434 | −0.529% | $289K | $307K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7644 | −0.088% | $450K | $104K | 10x | as long as short |
| Derive LIT-PERPlong | +0.0100% | 1h | 4.7686 | long leg | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7581 | −0.220% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7648 | −0.079% | $997 | $463K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7686 | 0.000% | $190K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7625 | −0.127% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7650 | −0.075% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7657 | −0.059% | $813K | $2.0M | 5x | as long as short |
| Lighter RH LITshort | +0.0152% | 1h | 4.7726 | +0.084% | $3.7M | $13.7M | 5x | |
| Hyperliquid LIT | +0.0240% | 1h | 4.7757 | +0.149% | $214.2M | $45.1M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0339% | 1h | 4.7496 | −0.398% | $10K | $205K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7622 | −0.134% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0394% / S −0.0182% | 1h | 4.7671 | −0.031% | $64K | — | 50x | as long as short |
Derive LIT-PERP
Lighter RH LIT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
Gate LIT_USDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
Phoenix LIT
ApeX Omni LITUSDT
gTrade (Gains Network) LIT/USD
Backpack LIT_USDC_PERP
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
RISEx LIT/USDC
Hyperliquid LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]