Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.048%
Price spread now: Lighter against KuCoin+0.114%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.114%, 7d avg +0.076%
=Together, before fees+0.150%+ Points / potential airdropLighter: Season 3 · farm board+$15 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 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITUSDTM | 4.8149 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $5.5M | $928K | 30x |
| Short | Lighter LIT | 4.8204 | 0.0096 | get 0.0012% / 1h | 52m 32s | $60.0M | $25.9M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.114% → +0.076%
- $3.78
- Slippage, 4 orders
- −$51.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$60.85
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 6.73 bp | 28.7 bp −$29 | 362.2 bp −$3,622 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.62 bp | 4.0 bp −$4 | 14.1 bp −$141 | 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 | −0.0477% | 1h | 4.8118 | −0.065% | $42K | $39K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0364% | 4h | 4.8045 | −0.216% | $33K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0326% | 1h | 4.8142 | −0.015% | $86K | $66K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7968 | −0.377% | $608K | $349K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0272% | 1h | 4.8136 | −0.027% | $31K | $3K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0246% | 4h | 4.7999 | −0.311% | $888K | $2.0M | 10x | as long as short |
| Bybit LITUSDT | −0.0195% | 4h | 4.8150 | +0.002% | $41.9M | $27.4M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0158% | 4h | 4.8160 | +0.023% | $26.0M | $59.7M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8152 | +0.006% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8107 | −0.087% | $36K | — | 150x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0017% | 1h | 4.8132 | −0.035% | $207K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.226% | $422 | $178K | 5.5x | as long as short |
| ApeX Omni LITUSDT | +0.0091% | 1h | 4.7970 | −0.372% | $57K | $76K | 50x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.8145 | −0.009% | $7K | $2K | 5x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.8204 | +0.114% | $60.0M | $25.9M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.8165 | +0.033% | $2.1M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8225 | +0.158% | $217.9M | $38.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8158 | +0.019% | $715K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8121 | −0.058% | $77.2M | $73.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8169 | +0.042% | $126K | $443K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8183 | +0.070% | $120K | −$0 | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8160 | +0.023% | $2.8M | $4.0M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8127 | −0.046% | $6.2M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTMlong | +0.0100% | 4h | 4.8149 | long leg | $5.5M | $928K | 30x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.8180 | +0.064% | $6.9M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8149 | 0.000% | $687K | $988K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7984 | −0.342% | $294K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8197 | +0.100% | $449K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8239 | +0.187% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8027 | −0.253% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8120 | −0.060% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8185 | +0.075% | $194K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8090 | −0.123% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8153 | +0.008% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8088 | −0.126% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8202 | +0.110% | $803K | $2.3M | 5x | as long as short |
| Lighter RH LIT | +0.0120% | 1h | 4.8217 | +0.141% | $3.7M | $12.2M | 5x | as long as short |
| Aster LITUSDT | +0.0312% | 4h | 4.8214 | +0.135% | $12.9M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8110 | −0.080% | $32K | $639K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8071 | −0.162% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8140 | −0.019% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0474% | 1h | 4.8110 | −0.081% | $10K | $202K | 10x | as long as short |
KuCoin LITUSDTM
Lighter LIT
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Bybit LITUSDT
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USD
Phoenix LIT
Injective LIT/USDC PERP
ApeX Omni LITUSDT
Paradex LIT-USD-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
RISEx LIT/USDC
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD