Funding you earn now, next payment 23:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h −0.017%
Price spread now: Binance against Lighter RH−0.270%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 7 days+0.189%+$19 · spread now −0.270%, 7d avg −0.153%
=Together, before fees−0.167%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.117% cheaper against Lighter RH than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.153%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.6997 | 0.0224 | pay 0.0028% / 1h | 21m 18s | $3.7M | $13.8M | 5x |
| Short | Binance LITUSDT | 4.6870 | 0.0057 | get 0.0028% / 4h | 1h 21m | $74.4M | $80.8M | 75x |
Lighter RH LIT
Binance LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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
- −$35.09
- Price spread: −0.270% → −0.153%
- −$11.74
- Slippage, 4 orders
- −$23.79
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$80.62
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Binance: live order book, 6 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 RH live order book, 3 min ago | 2.44 bp | 4.0 bp −$4 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.11 bp | 12.4 bp −$12 | 29.5 bp −$295 | 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 | −0.1284% | 4h | 4.6920 | −0.164% | $2.8M | $4.5M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0831% | 1h | 4.6949 | −0.102% | $659K | $1.4M | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0830% | 1h | 4.6880 | −0.248% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0626% | 4h | 4.6829 | −0.357% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0576% | 1h | 4.6852 | −0.309% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0519% | 4h | 4.6900 | −0.206% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0466% | 4h | 4.6869 | −0.272% | $25.2M | $62.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0327% | 1h | 4.6868 | −0.274% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0306% | 4h | 4.6890 | −0.228% | $42.3M | $30.2M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0282% | 4h | 4.6923 | −0.157% | $5.2M | $1.1M | 30x | as long as short |
Gate LIT_USDT
Backpack LIT_USDC_PERP
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0214% | 1h | 4.6997 | 0.000% | $10K | $201K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0162% | 4h | 4.7040 | +0.091% | $899K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7197 | +0.426% | $668K | $398K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.6944 | −0.113% | $783K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0048% | 1h | 4.6878 | −0.252% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7054 | +0.121% | $243K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0001% | 8h | 4.6864 | −0.283% | $7K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6964 | −0.069% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.6931 | −0.140% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.219% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7028 | +0.065% | $286K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.6872 | −0.266% | $5.5M | $4.2M | 100x | as long as short |
| Binance LITUSDTshort | +0.0057% | 4h | 4.6870 | −0.270% | $74.4M | $80.8M | 75x | |
| Aevo LIT-PERP | +0.0072% | 1h | 4.6860 | −0.291% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6974 | −0.049% | $59.2M | $29.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6985 | −0.026% | $209.6M | $44.1M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.6959 | −0.081% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6927 | −0.150% | $577K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6915 | −0.174% | $117K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6948 | −0.104% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6910 | −0.185% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7050 | +0.113% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6900 | −0.206% | $443K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6937 | −0.127% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6896 | −0.215% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6885 | −0.238% | $987 | $464K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6976 | −0.045% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6862 | −0.286% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LITlong | +0.0224% | 1h | 4.6997 | long leg | $3.7M | $13.8M | 5x | |
| BloFin LIT-USDT | +0.0227% | 4h | 4.6923 | −0.157% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6930 | −0.142% | $31K | $839K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0374% / S −0.0169% | 1h | 4.6916 | −0.172% | $62K | — | 50x | as long as short |
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Aevo LIT-PERP
Lighter LIT
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
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]