Funding you earn now, next payment 02:00 UTC−0.0816%/8h= −89.4% APRnext payment −$1.02 per $10,000 · paid last 24h −0.232%
Price spread now: Deribit against Lighter RH−0.198%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$24 a day on $10k at the current rate, and Deribit is 0.198% cheaper against Lighter RH than usual: you would sell low and buy high (−$20 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 | 4.7459 | 0.0096 | pay 0.0012% / 1h | 24m 55s | $3.7M | $13.3M | 5x |
| Short | Deribit LIT_USDC-PERPETUAL | 4.7365 | −0.0720 | pay 0.0090% / 1h | 24m 55s | $42K | $40K | 10x |
Lighter RH LIT
Deribit LIT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$171.41
- Price spread: −0.198% → 0.000%
- −$19.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$198.22
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; Deribit: 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 | 4.33 bp | 7.7 bp −$8 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 41 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-PERPETUALshort | −0.0720% | 1h | 4.7365 | −0.198% | $42K | $40K | 10x | |
| 01 Exchange LITUSD | −0.0632% | 1h | 4.7313 | −0.308% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0462% | 4h | 4.7295 | −0.346% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0462% | 1h | 4.7373 | −0.181% | $85K | $73K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0209% | 1h | 4.7190 | −0.567% | $56K | $77K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0172% | 4h | 4.7370 | −0.188% | $900K | $1.8M | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0141% | 4h | 4.7378 | −0.171% | $25.7M | $63.9M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0140% | 4h | 4.7365 | −0.198% | $5.3M | $1.1M | 30x | as long as short |
| Gate LIT_USDT | −0.0124% | 4h | 4.7380 | −0.166% | $2.8M | $4.3M | 50x | as long as short |
| Phemex LITUSDT | −0.0114% | 4h | 4.7340 | −0.251% | $1.4M | $2.7M | 20x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
ApeX Omni LITUSDT
GRVT LIT_USDT_Perp
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Gate LIT_USDT
Phemex LITUSDTShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0102% | 1h | 4.7401 | −0.122% | $205K | $352K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7409 | −0.106% | $671K | $374K | 50x | as long as short |
| Bulk LIT-USD | −0.0039% | 1h | 4.7299 | −0.337% | $118K | $1K | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7372 | −0.183% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7418 | −0.086% | $475 | — | 150x | as long as short |
| Bybit LITUSDT | +0.0014% | 4h | 4.7360 | −0.209% | $42.4M | $29.2M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0032% | 8h | 4.7333 | −0.264% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.224% | $422 | $178K | 5.5x | as long as short |
| SoDEX LIT-USD | +0.0049% | 1h | 4.7373 | −0.181% | $1K | $450K | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0064% | 1h | 4.7407 | −0.110% | $684K | $1.4M | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7389 | −0.148% | $790K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7437 | −0.046% | $59.4M | $29.5M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.7459 | long leg | $3.7M | $13.3M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7345 | −0.240% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7445 | −0.029% | $212.3M | $44.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7441 | −0.038% | $12.7M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7367 | −0.194% | $588K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7351 | −0.228% | $75.5M | $80.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7363 | −0.202% | $117K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7352 | −0.225% | $5.5M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7390 | −0.145% | $6.8M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7361 | −0.207% | $288K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7366 | −0.196% | $448K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7402 | −0.120% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7385 | −0.156% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7445 | −0.029% | $190K | $354K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7343 | −0.245% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7350 | −0.230% | $148K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0259% | 1h | 4.7260 | −0.420% | $9K | $211K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0404% / S −0.0197% | 1h | 4.7418 | −0.086% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7400 | −0.125% | $31K | $860K | 33x | as long as short |
Phoenix LIT
Coinbase International LIT-PERP-INTX
Bulk LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bybit LITUSDT
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
SoDEX LIT-USD
Backpack LIT_USDC_PERP
RISEx LIT/USDC
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT