Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Lighter−0.271%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.226%+$23 · spread now −0.271%, 7d avg −0.134%
=Together, before fees+0.139%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$14 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: Extended is 0.136% cheaper against Lighter than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7534 | 0.0096 | pay 0.0012% / 1h | 11m 58s | $59.8M | $29.9M | 5x |
| Short | Extended LIT-USD | 4.7405 | 0.0104 | get 0.0013% / 1h | 11m 58s | $5.2M | $5.1M | 25x |
Lighter LIT
Extended LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.271% → −0.134%
- −$13.64
- Slippage, 4 orders
- −$11.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.1
- Costs to cover
- 0.161%
- Break-even
- 124.1 days
Slippage from Lighter: live order book, 7 min ago; Extended: live order book, 2 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, 7 min ago | 0.11 bp | 4.3 bp −$4 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.42 bp | 3.1 bp −$3 | 23.1 bp −$231 | 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 | −0.1218% | 4h | 4.7460 | −0.156% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0766% | 1h | 4.7492 | −0.088% | $42K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0694% | 1h | 4.7486 | −0.101% | $666K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0621% | 4h | 4.7440 | −0.198% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.7475 | −0.124% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0507% | 4h | 4.7460 | −0.156% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0469% | 4h | 4.7408 | −0.265% | $25.7M | $63.3M | 50x | as long as short |
| Bullet LIT-USD | −0.0328% | 1h | 4.7479 | −0.116% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0268% | 4h | 4.7420 | −0.240% | $42.8M | $30.2M | 75x | as long as short |
| Aftermath Perps LITUSD | −0.0256% | 1h | 4.7131 | −0.848% | $10K | $202K | 10x | as long as short |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
Aftermath Perps LITUSDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.0248% | 4h | 4.7456 | −0.164% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0158% | 4h | 4.6909 | −1.314% | $893K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7262 | −0.572% | $669K | $399K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7525 | −0.019% | $813K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7192 | −0.719% | $204K | $327K | 5x | as long as short |
| Nado LIT-PERP | −0.0005% | 1h | 4.7490 | −0.093% | $2.2M | $1.7M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7491 | −0.092% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7519 | −0.032% | $32K | $839K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7521 | −0.028% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0005% | 8h | 4.7420 | −0.239% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.065% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0052% | 4h | 4.6888 | −1.360% | $285K | $312K | 10x | as long as short |
| MEXC LIT_USDT | +0.0060% | 4h | 4.7401 | −0.280% | $5.7M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0062% | 4h | 4.7405 | −0.271% | $75.3M | $80.9M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7480 | −0.113% | $148K | $44K | 3x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7534 | long leg | $59.8M | $29.9M | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7496 | −0.080% | $212.2M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7476 | −0.122% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7444 | −0.189% | $607K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7468 | −0.139% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6888 | −1.359% | $117K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7440 | −0.198% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.6920 | −1.292% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7511 | −0.048% | $449K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7532 | −0.004% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7514 | −0.042% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7478 | −0.118% | $999 | $465K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7245 | −0.608% | $189K | $329K | 30x | as long as short |
| Extended LIT-USDshort | +0.0104% | 1h | 4.7405 | −0.271% | $5.2M | $5.1M | 25x | |
| Lighter RH LIT | +0.0208% | 1h | 4.7547 | +0.027% | $3.7M | $13.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0244% | 4h | 4.7241 | −0.616% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0378% / S −0.0169% | 1h | 4.7518 | −0.033% | $62K | — | 50x | as long as short |
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
Nado LIT-PERP
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]