Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.043%
Price spread now: Hyperliquid against Lighter−0.006%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.110%+$11 · spread now −0.006%, 7d avg +0.013%
=Together, before fees+0.162%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7681 | 0.0096 | pay 0.0012% / 1h | 1m 08s | $60.0M | $30.1M | 5x |
| Short | Hyperliquid LIT | 4.7678 | 0.0100 | get 0.0013% / 1h | 1m 08s | $213.3M | $44.5M | 5x |
Lighter LIT
Hyperliquid LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.84
- Price spread: −0.006% → +0.013%
- −$1.9
- Slippage, 4 orders
- −$11.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$21.68
- Costs to cover
- 0.206%
- Break-even
- 187.7 days
Slippage from Lighter: live order book, 13 min ago; Hyperliquid: live order book, 13 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, 13 min ago | 0.32 bp | 5.0 bp −$5 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 0.11 bp | 7.4 bp −$7 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1110% | 4h | 4.7610 | −0.149% | $2.8M | $4.6M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0625% | 4h | 4.7561 | −0.252% | $33K | $2K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0556% | 1h | 4.7672 | −0.019% | $669K | $1.4M | 5x | as long as short |
| 01 Exchange LITUSD | −0.0552% | 1h | 4.7620 | −0.128% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0520% | 1h | 4.7626 | −0.116% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0478% | 4h | 4.7580 | −0.212% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0461% | 4h | 4.7641 | −0.084% | $25.8M | $63.8M | 50x | as long as short |
| Bullet LIT-USD | −0.0322% | 1h | 4.7598 | −0.174% | $85K | $81K | 20x | as long as short |
| Aftermath Perps LITUSD | −0.0250% | 1h | 4.7552 | −0.271% | $13K | $204K | 10x | as long as short |
| KuCoin LITUSDTM | −0.0232% | 4h | 4.7644 | −0.078% | $5.3M | $1.1M | 30x | as long as short |
Gate LIT_USDT
Orderly PERP_LIT_USDC
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Aftermath Perps LITUSD
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0210% | 4h | 4.7632 | −0.103% | $43.0M | $30.1M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7680 | −0.003% | $675K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0130% | 4h | 4.7540 | −0.296% | $905K | $1.8M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7620 | −0.128% | $814K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7628 | −0.111% | $206K | $327K | 5x | as long as short |
| Nado LIT-PERP | −0.0008% | 1h | 4.7605 | −0.159% | $2.2M | $1.7M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7642 | −0.082% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7570 | −0.233% | $31K | $841K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7644 | −0.078% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0008% | 8h | 4.7595 | −0.180% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.753% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7520 | −0.338% | $289K | $311K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.7627 | −0.113% | $5.7M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0057% | 4h | 4.7595 | −0.180% | $75.7M | $81.2M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7604 | −0.161% | $149K | $44K | 3x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7681 | long leg | $60.0M | $30.1M | 5x | |
| Hyperliquid LITshort | +0.0100% | 1h | 4.7678 | −0.006% | $213.3M | $44.5M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7682 | +0.003% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7646 | −0.073% | $617K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7595 | −0.180% | $119K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7396 | −0.598% | $118K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7670 | −0.023% | $6.8M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7500 | −0.380% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7594 | −0.182% | $450K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7656 | −0.053% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7637 | −0.092% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7625 | −0.117% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7651 | −0.063% | $191K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7610 | −0.148% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7694 | +0.027% | $3.7M | $13.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0229% | 4h | 4.7555 | −0.264% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0378% / S −0.0169% | 1h | 4.7641 | −0.085% | $62K | — | 50x | as long as short |
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
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
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
Extended LIT-USD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]