Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: MEXC against Lighter−0.214%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 7 days+0.165%+$17 · spread now −0.214%, 7d avg −0.113%
=Together, before fees−0.062%+ Points / potential airdropLighter: Season 3 · farm board−$6 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: MEXC is 0.101% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7718 | 0.0096 | pay 0.0012% / 1h | 12m 05s | $59.7M | $30.0M | 5x |
| Short | MEXC LIT_USDT | 4.7616 | 0.0100 | get 0.0050% / 4h | 3h 12m | $5.6M | $4.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.214% → −0.113%
- −$10.09
- Slippage, 4 orders
- −$12.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$25.26
- Costs to cover
- 0.160%
- Break-even
- 217.5 days
Slippage from Lighter: live order book, 7 min ago; MEXC: live order book, 5 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 | 0.10 bp | 3.9 bp −$4 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.10 bp | 3.4 bp −$3 | 13.5 bp −$135 | 273.6 bp −$27.4K | 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 | −0.0846% | 1h | 4.7646 | −0.150% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0480% | 4h | 4.7592 | −0.264% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0424% | 1h | 4.7612 | −0.222% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0359% | 1h | 4.7655 | −0.132% | $85K | $72K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0199% | 4h | 4.7647 | −0.149% | $25.9M | $63.6M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0161% | 1h | 4.7740 | +0.046% | $57K | $77K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0138% | 4h | 4.7644 | −0.155% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7783 | +0.135% | $676K | $392K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0054% | 4h | 4.7731 | +0.027% | $913K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7712 | −0.013% | $207K | $361K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7688 | −0.063% | $32K | $852K | 33x | as long as short |
| dYdX LIT-USD | +0.0003% | 1h | 4.7722 | +0.009% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7691 | −0.058% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.675% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0049% | 8h | 4.7667 | −0.107% | $7K | $2K | 5x | as long as short |
| Nado LIT-PERP | +0.0066% | 1h | 4.7665 | −0.111% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0088% | 1h | 4.7678 | −0.084% | $451K | $104K | 10x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7718 | long leg | $59.7M | $30.0M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7733 | +0.031% | $12.8M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7721 | +0.006% | $591K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7613 | −0.220% | $76.1M | $80.1M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7625 | −0.195% | $42.9M | $29.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7681 | −0.078% | $118K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7476 | −0.507% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7660 | −0.122% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDTshort | +0.0100% | 4h | 4.7616 | −0.214% | $5.6M | $4.2M | 100x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7680 | −0.080% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7662 | −0.117% | $690K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7665 | −0.111% | $290K | $310K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7677 | −0.086% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7662 | −0.117% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7649 | −0.145% | $1K | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7773 | +0.115% | $191K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7620 | −0.205% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7625 | −0.195% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7668 | −0.106% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7697 | −0.044% | $798K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7732 | +0.029% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0337% | 1h | 4.7736 | +0.038% | $214.3M | $43.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7625 | −0.195% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0375% | 1h | 4.7666 | −0.108% | $9K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0399% / S −0.0189% | 1h | 4.7707 | −0.022% | $64K | — | 50x | as long as short |
Lighter LIT
MEXC LIT_USDT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LIT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
Gate LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]