Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.011%
Price spread now: Pacifica against Lighter−0.097%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now −0.097%, 7d avg −0.060%
=Together, before fees−0.096%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Pacifica is 0.036% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7624 | 0.0152 | pay 0.0019% / 1h | 57m 46s | $59.7M | $29.5M | 5x |
| Short | Pacifica LIT | 4.7578 | 0.0100 | get 0.0013% / 1h | 57m 46s | $597K | $1.8M | 10x |
Lighter LIT
Pacifica LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$10.92
- Price spread: −0.097% → −0.060%
- −$3.64
- Slippage, 4 orders
- −$24.41
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$46.96
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Pacifica: live order book, 1 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, 6 min ago | 0.10 bp | 8.0 bp −$8 | 37.5 bp −$375 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 4.51 bp | 10.2 bp −$10 | 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 | −0.1025% | 1h | 4.7531 | −0.195% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0728% | 1h | 4.7500 | −0.260% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0564% | 4h | 4.7489 | −0.283% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0504% | 4h | 4.7510 | −0.239% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0411% | 1h | 4.7561 | −0.132% | $86K | $81K | 20x | as long as short |
| SoDEX LIT-USD | −0.0380% | 1h | 4.7531 | −0.195% | $985 | $474K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0342% | 1h | 4.7590 | −0.071% | $668K | $1.5M | 5x | as long as short |
| KuCoin LITUSDTM | −0.0324% | 4h | 4.7529 | −0.199% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0288% | 4h | 4.7537 | −0.183% | $25.2M | $60.8M | 50x | as long as short |
| Polymarket Perps LIT-USD | −0.0288% | 1h | 4.7581 | −0.090% | $449K | $104K | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Phemex LITUSDT
Bullet LIT-USD
SoDEX LIT-USD
Backpack LIT_USDC_PERP
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Polymarket Perps LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0274% | 4h | 4.7640 | +0.033% | $898K | $1.9M | 10x | as long as short |
| Gate LIT_USDT | −0.0250% | 4h | 4.7580 | −0.092% | $2.8M | $4.5M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0246% | 1h | 4.7690 | +0.139% | $56K | $79K | 50x | as long as short |
| Bybit LITUSDT | −0.0241% | 4h | 4.7540 | −0.176% | $43.0M | $30.1M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.8452 | +1.739% | $668K | $408K | 50x | as long as short |
| Nado LIT-PERP | −0.0129% | 1h | 4.7565 | −0.124% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0067% | 1h | 4.7770 | +0.307% | $247K | $317K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0020% | 8h | 4.7502 | −0.256% | $5K | $1K | 5x | as long as short |
| Extended LIT-USD | −0.0016% | 1h | 4.7550 | −0.156% | $5.3M | $5.2M | 25x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7560 | −0.134% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7615 | −0.018% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7610 | −0.029% | $817K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.874% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0056% | 4h | 4.7507 | −0.246% | $75.1M | $80.7M | 75x | as long as short |
| MEXC LIT_USDT | +0.0058% | 4h | 4.7513 | −0.233% | $6.0M | $4.2M | 100x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7531 | −0.195% | $149K | $44K | 3x | as long as short |
| edgeX LITUSDC | +0.0073% | 4h | 4.7688 | +0.134% | $290K | $312K | 10x | as long as short |
| Bulk LIT-USD | +0.0088% | 1h | 4.7627 | +0.006% | $119K | $7K | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7558 | −0.139% | $211.3M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7580 | −0.092% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LITshort | +0.0100% | 1h | 4.7578 | −0.097% | $597K | $1.8M | 10x | |
| Arcus LIT-USD | +0.0100% | 1h | 4.7601 | −0.048% | $118K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7550 | −0.155% | $6.7M | $2.7M | 20x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7593 | −0.065% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7582 | −0.088% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7680 | +0.118% | $189K | $325K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7626 | +0.004% | $31K | $843K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0141% | 1h | 4.7797 | +0.362% | $11K | $198K | 10x | as long as short |
| Lighter LITlong | +0.0152% | 1h | 4.7624 | long leg | $59.7M | $29.5M | 5x | |
| Lighter RH LIT | +0.0176% | 1h | 4.7635 | +0.023% | $3.7M | $14.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0246% | 4h | 4.7590 | −0.071% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7610 | −0.029% | $60K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Gate LIT_USDT
ApeX Omni LITUSDT
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
Extended LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
Aevo LIT-PERP
edgeX LITUSDC
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Arcus LIT-USD
Bitget LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
Aftermath Perps LITUSD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]