Funding you earn now, next payment 23:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Lighter−0.035%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1921.924% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 3 days (all we have)−0.307%−$31 · spread now −0.035%, 7d avg −0.154%
=Together, before fees−0.500%+ Points / potential airdropLighter: Season 3 · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.119% dearer against Lighter than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.154%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.9 days. At the pace of the last 7 days (−0.193% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7224 | 0.0096 | pay 0.0012% / 1h | 53m 37s | $59.3M | $29.2M | 5x |
| Short | Aevo LIT-PERP | 4.7207 | 0.0056 | get 0.0007% / 1h | 53m 37s | $148K | $44K | 3x |
Lighter LIT
Aevo LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$8.4
- Price spread: −0.035% → −0.154%
- $11.86
- Slippage, 4 orders
- −$176.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$188.99
- Costs to cover
- 1.924%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Aevo: live order book, 30 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 Lighter live order book, 5 min ago | 0.85 bp | 5.6 bp −$6 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 30 min ago | 83.17 bp | 91.2 bp −$91 | doesn't fit | 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 | −0.1162% | 1h | 4.7180 | −0.092% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0814% | 4h | 4.7170 | −0.114% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0632% | 4h | 4.7155 | −0.146% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0593% | 4h | 4.7160 | −0.136% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0403% | 4h | 4.7116 | −0.229% | $25.2M | $62.1M | 50x | as long as short |
| Bullet LIT-USD | −0.0358% | 1h | 4.7203 | −0.045% | $85K | $81K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0344% | 1h | 4.7242 | +0.038% | $33K | $4K | 5x | as long as short |
| Bybit LITUSDT | −0.0301% | 4h | 4.7150 | −0.157% | $42.6M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0292% | 4h | 4.7195 | −0.061% | $5.2M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0212% | 4h | 4.7290 | +0.140% | $899K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
01 Exchange LITUSD
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0204% | 1h | 4.7285 | +0.129% | $10K | $202K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0179% | 1h | 4.7200 | −0.051% | $663K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.053% | $660K | $404K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7192 | −0.068% | $786K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0070% | 1h | 4.7271 | +0.101% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7306 | +0.174% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0015% | 8h | 4.7112 | −0.237% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7195 | −0.061% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7247 | +0.050% | $35K | — | 150x | as long as short |
| edgeX LITUSDC | +0.0032% | 4h | 4.7254 | +0.064% | $287K | $309K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.728% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0042% | 4h | 4.7111 | −0.239% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0042% | 4h | 4.7109 | −0.244% | $74.7M | $81.6M | 75x | as long as short |
| Aevo LIT-PERPshort | +0.0056% | 1h | 4.7207 | −0.035% | $148K | $44K | 3x | |
| ApeX Omni LITUSDT | +0.0091% | 1h | 4.7310 | +0.182% | $55K | $78K | 50x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7224 | long leg | $59.3M | $29.2M | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7211 | −0.028% | $210.4M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7216 | −0.017% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7183 | −0.087% | $581K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7167 | −0.121% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7185 | −0.083% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7160 | −0.136% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7244 | +0.042% | $446K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7230 | +0.013% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7207 | −0.036% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7185 | −0.083% | $1K | $479K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7236 | +0.025% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7114 | −0.233% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0164% | 4h | 4.7285 | +0.129% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7276 | +0.111% | $31K | $838K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7245 | +0.045% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0488% | 1h | 4.7236 | +0.025% | $3.7M | $13.5M | 5x | as long as short |
Aftermath Perps LITUSD
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
edgeX LITUSDC
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
ApeX Omni LITUSDT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT