Funding you earn now, next payment 03:00 UTC−0.0426%/8h= −46.7% APRnext payment −$0.53 per $10,000 · paid last 24h −0.124%
Price spread now: Bullet against Lighter RH−0.193%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bullet is 0.193% cheaper against Lighter RH than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7010 | 0.0144 | pay 0.0018% / 1h | 35m 09s | $3.7M | $13.1M | 5x |
| Short | Bullet LIT-USD | 4.6919 | −0.0282 | pay 0.0035% / 1h | 35m 09s | $84K | $68K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- −$89.49
- Price spread: −0.193% → 0.000%
- −$19.33
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$116.82
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; Bullet: no order-book sample. Net counts fees only.
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, 4 min ago | 1.92 bp | 5.2 bp −$5 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0388% | 4h | 4.6870 | −0.298% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USDshort | −0.0282% | 1h | 4.6919 | −0.193% | $84K | $68K | 20x | |
| 01 Exchange LITUSD | −0.0272% | 1h | 4.6877 | −0.283% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0174% | 1h | 4.6932 | −0.167% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0126% | 4h | 4.6970 | −0.085% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6850 | −0.340% | $201K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6865 | −0.308% | $658K | $372K | 50x | as long as short |
| OKX LIT-USDT-SWAP | 0.0000% | 4h | 4.6967 | −0.091% | $25.3M | $61.7M | 50x | as long as short |
| ApeX Omni LITUSDT | +0.0002% | 1h | 4.6780 | −0.489% | $56K | $76K | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6942 | −0.144% | $11K | — | 150x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | +0.0006% | 4h | 4.6948 | −0.132% | $5.2M | $1.1M | 30x | as long as short |
| dYdX LIT-USD | +0.0010% | 1h | 4.6881 | −0.274% | $34K | — | 5x | as long as short |
| Phemex LITUSDT | +0.0019% | 4h | 4.6900 | −0.234% | $1.4M | $2.8M | 20x | as long as short |
| GRVT LIT_USDT_Perp | +0.0026% | 4h | 4.6810 | −0.425% | $908K | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.191% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0069% | 8h | 4.6845 | −0.351% | $7K | $2K | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0095% | 1h | 4.6983 | −0.057% | $685K | $1.4M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6996 | −0.030% | $58.6M | $28.6M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6894 | −0.246% | $782K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6885 | −0.266% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7019 | +0.019% | $210.0M | $41.0M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6857 | −0.325% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6957 | −0.112% | $74.7M | $78.5M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6953 | −0.121% | $41.6M | $28.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6871 | −0.296% | $117K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6831 | −0.381% | $117K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6949 | −0.130% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6980 | −0.064% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6771 | −0.508% | $285K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6926 | −0.179% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6963 | −0.100% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6835 | −0.372% | $5K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6945 | −0.138% | $1K | $416K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6935 | −0.160% | $194K | $379K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6917 | −0.198% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6913 | −0.207% | $147K | — | 3x | as long as short |
| Lighter RH LITlong | +0.0144% | 1h | 4.7010 | long leg | $3.7M | $13.1M | 5x | |
| Aster LITUSDT | +0.0188% | 4h | 4.6968 | −0.090% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0246% | 1h | 4.6825 | −0.394% | $9K | $207K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6913 | −0.206% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0411% / S −0.0208% | 1h | 4.6947 | −0.134% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6905 | −0.224% | $31K | $827K | 33x | as long as short |
Lighter RH LIT
Bullet LIT-USD
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Phemex LITUSDT
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Backpack LIT_USDC_PERP
Lighter LIT
RISEx LIT/USDC
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]