Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.021%
Price spread now: Hyperliquid against Lighter RH+0.030%7-day average −0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.030%, 7d avg −0.032%
=Together, before fees−0.062%+ Points / potential airdropLighter RH: Points live · Hyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.061% dearer against Lighter RH than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7147 | 0.0096 | pay 0.0012% / 1h | 31m 16s | $3.7M | $13.3M | 5x |
| Short | Hyperliquid LIT | 4.7161 | 0.0100 | get 0.0013% / 1h | 31m 16s | $211.0M | $43.9M | 5x |
Lighter RH LIT
Hyperliquid LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.84
- Price spread: +0.030% → −0.032%
- $6.13
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$2.03
- Costs to cover
- 0.090%
- Break-even
- 23.9 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Hyperliquid: live order book, 13 min ago. 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, 3 min ago | 0.95 bp | 5.7 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 0.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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-PERPETUAL | −0.0694% | 1h | 4.7093 | −0.115% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0616% | 1h | 4.7000 | −0.312% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0464% | 4h | 4.7027 | −0.255% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0445% | 1h | 4.7083 | −0.137% | $84K | $73K | 20x | as long as short |
| Gate LIT_USDT | −0.0210% | 4h | 4.7080 | −0.142% | $2.8M | $4.3M | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0156% | 4h | 4.7073 | −0.157% | $25.6M | $63.6M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0152% | 4h | 4.7010 | −0.291% | $904K | $1.8M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0146% | 4h | 4.7061 | −0.182% | $5.2M | $1.1M | 30x | as long as short |
| ApeX Omni LITUSDT | −0.0112% | 1h | 4.7030 | −0.248% | $56K | $77K | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7072 | −0.159% | $203K | $352K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Gate LIT_USDT
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
ApeX Omni LITUSDT
Phoenix LITShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7209 | +0.131% | $668K | $387K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0076% | 1h | 4.7076 | −0.151% | $679K | $1.4M | 5x | as long as short |
| Phemex LITUSDT | −0.0025% | 4h | 4.7060 | −0.185% | $1.4M | $2.7M | 20x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7102 | −0.094% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7128 | −0.041% | $472 | — | 150x | as long as short |
| Bulk LIT-USD | +0.0030% | 1h | 4.6912 | −0.499% | $117K | $1K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.894% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0034% | 8h | 4.6995 | −0.322% | $7K | $2K | 5x | as long as short |
| SoDEX LIT-USD | +0.0066% | 1h | 4.7070 | −0.163% | $1K | $450K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7108 | −0.083% | $788K | $2.0M | 5x | as long as short |
| Bybit LITUSDT | +0.0094% | 4h | 4.7066 | −0.172% | $42.2M | $29.2M | 75x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7140 | −0.015% | $59.0M | $29.5M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.7147 | long leg | $3.7M | $13.3M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7030 | −0.248% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LITshort | +0.0100% | 1h | 4.7161 | +0.030% | $211.0M | $43.9M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7129 | −0.039% | $12.6M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7056 | −0.193% | $584K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7049 | −0.207% | $75.1M | $80.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7061 | −0.182% | $116K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7051 | −0.204% | $5.5M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7110 | −0.078% | $6.7M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6972 | −0.371% | $286K | $306K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7090 | −0.121% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7127 | −0.042% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7107 | −0.085% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7128 | −0.040% | $189K | $354K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7063 | −0.179% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7062 | −0.181% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0284% | 1h | 4.7028 | −0.253% | $9K | $211K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0406% / S −0.0198% | 1h | 4.7135 | −0.025% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7103 | −0.093% | $31K | $862K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Backpack LIT_USDC_PERP
Phemex LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bulk LIT-USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
SoDEX LIT-USD
RISEx LIT/USDC
Bybit LITUSDT
Lighter LIT
Nado LIT-PERP
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