Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Lighter against Extended+0.265%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$180.182% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days−0.218%−$22 · spread now +0.265%, 7d avg +0.135%
=Together, before fees−0.131%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$13 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 is 0.130% dearer against Extended than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LIT-USD | 4.7376 | 0.0104 | pay 0.0013% / 1h | 27m 41s | $5.2M | $5.1M | 25x |
| Short | Lighter LIT | 4.7502 | 0.0096 | get 0.0012% / 1h | 27m 41s | $59.7M | $30.0M | 5x |
Extended LIT-USD
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.265% → +0.135%
- $13.04
- Slippage, 4 orders
- −$13.23
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.87
- Costs to cover
- 0.182%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Lighter: 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 Extended live order book, 1 min ago | 0.10 bp | 3.5 bp −$3 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.10 bp | 6.7 bp −$7 | 16.2 bp −$162 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0872% | 4h | 4.7410 | +0.071% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0616% | 1h | 4.7415 | +0.081% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0584% | 4h | 4.7366 | −0.022% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.7371 | −0.011% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0412% | 4h | 4.7459 | +0.175% | $25.7M | $63.9M | 50x | as long as short |
| Phemex LITUSDT | −0.0347% | 4h | 4.7380 | +0.008% | $1.4M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0333% | 1h | 4.7405 | +0.060% | $85K | $80K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0204% | 4h | 4.7423 | +0.099% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.490% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0108% | 4h | 4.7364 | −0.026% | $900K | $1.8M | 10x | as long as short |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0050% | 1h | 4.7369 | −0.015% | $206K | $353K | 5x | as long as short |
| Bybit LITUSDT | −0.0033% | 4h | 4.7446 | +0.147% | $42.8M | $30.0M | 75x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7432 | +0.119% | $31K | $840K | 33x | as long as short |
| dYdX LIT-USD | +0.0001% | 1h | 4.7411 | +0.074% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7438 | +0.131% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7454 | +0.165% | $817K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0023% | 8h | 4.7435 | +0.125% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.401% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0083% | 4h | 4.7384 | +0.016% | $288K | $311K | 10x | as long as short |
| Aevo LIT-PERP | +0.0088% | 1h | 4.7386 | +0.020% | $148K | $44K | 3x | as long as short |
| MEXC LIT_USDT | +0.0092% | 4h | 4.7429 | +0.111% | $5.6M | $4.1M | 100x | as long as short |
| Binance LITUSDT | +0.0092% | 4h | 4.7430 | +0.113% | $75.6M | $81.6M | 75x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.7502 | +0.265% | $59.7M | $30.0M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7415 | +0.082% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7461 | +0.179% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7453 | +0.163% | $591K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7455 | +0.166% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7353 | −0.049% | $118K | $4K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7460 | +0.177% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7431 | +0.116% | $673K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7370 | −0.013% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7436 | +0.126% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7436 | +0.126% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7414 | +0.080% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7407 | +0.065% | $986 | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7451 | +0.158% | $190K | $329K | 30x | as long as short |
| Extended LIT-USDlong | +0.0104% | 1h | 4.7376 | long leg | $5.2M | $5.1M | 25x | |
| Aftermath Perps LITUSD | +0.0167% | 1h | 4.7480 | +0.219% | $13K | $203K | 10x | as long as short |
| Lighter RH LIT | +0.0192% | 1h | 4.7474 | +0.206% | $3.7M | $13.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0211% | 1h | 4.7473 | +0.203% | $212.9M | $44.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0328% | 4h | 4.7369 | −0.015% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7435 | +0.124% | $62K | — | 50x | as long as short |
Phoenix LIT
Bybit LITUSDT
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
edgeX LITUSDC
Aevo LIT-PERP
MEXC LIT_USDT
Binance LITUSDT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]