LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0391%/8h= −42.8% APRnext payment −$0.49 per $10,000 · paid last 24h −0.205%

Price spread now: Deribit against Lighter+0.023%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Deribit is 0.023% dearer against Lighter than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LIT	4.6770	0.0096	pay 0.0012% / 1h	41m 32s	$58.4M	$28.6M	5x
Short	Deribit LIT_USDC-PERPETUAL	4.6781	−0.0295	pay 0.0037% / 1h	41m 32s	$41K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Lighter. 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 LighterbpFee DeribitbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$82.07
Price spread: +0.023% → 0.000%: $2.31
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$86.76
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 7 min ago; Deribit: no order-book sample. 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 Lighter live order book, 7 min ago	0.75 bp	4.3 bp −$4	15.0 bp −$150	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Orderly PERP_LIT_USDC	−0.0394%	4h	4.6721	−0.105%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0325%	1h	4.6771	+0.003%	$84K	$68K	20x	as long as short
Deribit LIT_USDC-PERPETUALshort	−0.0295%	1h	4.6781	+0.023%	$41K	$40K	10x
01 Exchange LITUSD	−0.0264%	1h	4.6742	−0.060%	$33K	$4K	5x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6750	−0.043%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6728	−0.090%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	+0.204%	$658K	$372K	50x	as long as short
KuCoin LITUSDTM	−0.0012%	4h	4.6767	−0.006%	$5.2M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0010%	4h	4.6792	+0.047%	$25.2M	$61.5M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6798	+0.061%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	+0.0010%	4h	4.6830	+0.128%	$909K	$1.7M	10x	as long as short
Phemex LITUSDT	+0.0012%	4h	4.6760	−0.021%	$1.4M	$2.8M	20x	as long as short
dYdX LIT-USD	+0.0014%	1h	4.6721	−0.105%	$34K	—	5x	as long as short
Backpack LIT_USDC_PERP	+0.0028%	1h	4.6809	+0.083%	$682K	$1.4M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.715%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0057%	1h	4.6800	+0.064%	$56K	$77K	50x	as long as short
Paradex LIT-USD-PERP	+0.0066%	8h	4.6713	−0.122%	$7K	$2K	5x	as long as short
Bulk LIT-USD	+0.0089%	1h	4.6805	+0.076%	$117K	$2K	10x	as long as short
Lighter LITlong	+0.0096%	1h	4.6770	long leg	$58.4M	$28.6M	5x
RISEx LIT/USDC	+0.0099%	1h	4.6785	+0.032%	$780K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6749	−0.044%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6807	+0.079%	$209.1M	$41.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6722	−0.103%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6749	−0.045%	$74.3M	$78.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6760	−0.021%	$41.4M	$28.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6776	+0.013%	$117K	$447K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6701	−0.148%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6820	+0.107%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6793	+0.048%	$285K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6782	+0.026%	$442K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6799	+0.062%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6781	+0.024%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6810	+0.086%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6860	+0.192%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6743	−0.058%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6774	+0.008%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0160%	1h	4.6789	+0.041%	$3.6M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0181%	4h	4.6812	+0.090%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0259%	1h	4.6810	+0.085%	$9K	$210K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6811	+0.088%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0409% / S −0.0206%	1h	4.6796	+0.056%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6806	+0.077%	$31K	$828K	33x	as long as short