LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h −0.023%

Price spread now: RISEx against Lighter−0.088%7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$200.205% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.056%−$6 on $10k

Price spread, last 7 days+0.073%+$7 · spread now −0.088%, 7d avg −0.075%

Together, before fees+0.017%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.075%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LIT	4.7702	0.0096	pay 0.0012% / 1h	6m 07s	$59.7M	$30.0M	5x
Short	RISEx LIT/USDC	4.7660	0.0119	get 0.0015% / 1h	6m 07s	$794K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.088%Rate

Funding earned: $4.84
Price spread: −0.088% → −0.075%: −$1.34
Slippage, 4 orders: −$14.46
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$16.95
Costs to cover: 0.205%
Break-even: 31.5 days

Slippage from Lighter: live order book, 8 min ago; RISEx: live order book, 3 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, 8 min ago	0.52 bp	4.3 bp −$4	16.5 bp −$165	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	2.10 bp	5.1 bp −$5	15.1 bp −$151	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	−0.1009%	1h	4.7593	−0.229%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0481%	4h	4.7550	−0.319%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0440%	1h	4.7553	−0.312%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0384%	1h	4.7588	−0.238%	$85K	$72K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0198%	4h	4.7624	−0.164%	$25.9M	$63.5M	50x	as long as short
ApeX Omni LITUSDT	−0.0194%	1h	4.7680	−0.046%	$57K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7681	−0.044%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0092%	4h	4.7680	−0.046%	$906K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7783	+0.169%	$676K	$392K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7775	+0.153%	$208K	$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	4.7674	−0.059%	$32K	$849K	33x	as long as short
dYdX LIT-USD	+0.0002%	1h	4.7760	+0.123%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7660	−0.089%	$477	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.709%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0044%	8h	4.7618	−0.176%	$7K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0067%	1h	4.7618	−0.176%	$450K	$104K	10x	as long as short
Nado LIT-PERP	+0.0088%	1h	4.7600	−0.213%	$2.2M	$1.7M	10x	as long as short
Lighter LITlong	+0.0096%	1h	4.7702	long leg	$59.7M	$30.0M	5x
Aster LITUSDT	+0.0100%	4h	4.7680	−0.046%	$12.8M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7677	−0.052%	$591K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7586	−0.244%	$76.0M	$79.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7611	−0.191%	$42.9M	$29.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7638	−0.134%	$118K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7660	−0.087%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7640	−0.130%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7603	−0.208%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7700	−0.004%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7653	−0.103%	$690K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7696	−0.012%	$290K	$308K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7644	−0.121%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7640	−0.130%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7615	−0.182%	$1K	$453K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7740	+0.080%	$190K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7610	−0.193%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7573	−0.270%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7587	−0.242%	$149K	—	3x	as long as short
RISEx LIT/USDCshort	+0.0119%	1h	4.7660	−0.088%	$794K	$2.0M	5x
Lighter RH LIT	+0.0168%	1h	4.7717	+0.031%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0310%	1h	4.7723	+0.044%	$214.3M	$43.8M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7767	+0.136%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0351%	1h	4.7726	+0.051%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0400% / S −0.0190%	1h	4.7644	−0.122%	$64K	—	50x	as long as short