Funding you earn now, next payment 03:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.022%
Price spread now: edgeX against Lighter RH−0.553%80s7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.305% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 4 days (all we have)+0.423%+$42 · spread now −0.553%, 7d avg −0.131%
=Together, before fees+0.063%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.422% cheaper against Lighter RH than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of −0.131%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7031 | 0.0136 | pay 0.0017% / 1h | 34m 01s | $3.7M | $13.1M | 5x |
| Short | edgeX LITUSDC | 4.6771 | 0.0100 | get 0.0050% / 4h | 1h 34m | $285K | $305K | 10x |
Lighter RH LIT
edgeX LITUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$7.56
- Price spread: −0.553% → −0.131%
- −$42.19
- Slippage, 4 orders
- −$21.53
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$80.28
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; edgeX: live order book, 29 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, 5 min ago | 1.92 bp | 5.2 bp −$5 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 5.22 bp | 10.6 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0387% | 4h | 4.6887 | −0.306% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0278% | 1h | 4.6940 | −0.193% | $84K | $68K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0264% | 1h | 4.6939 | −0.196% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0125% | 1h | 4.6952 | −0.169% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0124% | 4h | 4.6970 | −0.130% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6850 | −0.385% | $201K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6954 | −0.163% | $659K | $373K | 50x | as long as short |
| ApeX Omni LITUSDT | +0.0002% | 1h | 4.6780 | −0.534% | $56K | $76K | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6967 | −0.137% | $11K | — | 150x | as long as short |
| OKX LIT-USDT-SWAP | +0.0003% | 4h | 4.6969 | −0.132% | $25.3M | $61.7M | 50x | as long as short |
Orderly PERP_LIT_USDC
Bullet LIT-USD
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
ApeX Omni LITUSDT
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | +0.0008% | 4h | 4.6957 | −0.157% | $5.2M | $1.1M | 30x | as long as short |
| dYdX LIT-USD | +0.0010% | 1h | 4.6991 | −0.086% | $34K | — | 5x | as long as short |
| Phemex LITUSDT | +0.0012% | 4h | 4.6930 | −0.215% | $1.4M | $2.8M | 20x | as long as short |
| GRVT LIT_USDT_Perp | +0.0026% | 4h | 4.6810 | −0.470% | $908K | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.145% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.6905 | −0.268% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7006 | −0.053% | $58.7M | $28.6M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6953 | −0.165% | $783K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6910 | −0.257% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7019 | −0.026% | $210.0M | $41.0M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6926 | −0.223% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6951 | −0.170% | $74.7M | $78.6M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6971 | −0.128% | $41.6M | $28.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6924 | −0.228% | $117K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6831 | −0.425% | $117K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6941 | −0.191% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6990 | −0.087% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6990 | −0.087% | $686K | $1.4M | 5x | as long as short |
| edgeX LITUSDCshort | +0.0100% | 4h | 4.6771 | −0.553% | $285K | $305K | 10x | |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6946 | −0.181% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6966 | −0.138% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6913 | −0.251% | $5K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6958 | −0.155% | $1K | $416K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7001 | −0.064% | $194K | $379K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6927 | −0.220% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6874 | −0.334% | $147K | — | 3x | as long as short |
| Lighter RH LITlong | +0.0136% | 1h | 4.7031 | long leg | $3.7M | $13.1M | 5x | |
| Aster LITUSDT | +0.0197% | 4h | 4.7033 | +0.004% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0246% | 1h | 4.6848 | −0.389% | $9K | $207K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6913 | −0.251% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0412% / S −0.0208% | 1h | 4.6969 | −0.131% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6962 | −0.146% | $31K | $826K | 33x | as long as short |
KuCoin LITUSDTM
dYdX LIT-USD
Phemex LITUSDT
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT