Funding you earn now, next payment 03:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.042%
Price spread now: Injective against Lighter RH+1.827%7-day average −9.950% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−17.263%−$1,726 · spread now +1.827%, 7d avg −9.950%
=Together, before fees−17.672%+ Points / potential airdropLighter RH: Points live · farm board−$1,767 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 11.777% dearer against Lighter RH than usual: you sell high and buy low (spread +1.827% now, against its 7-day average of −9.950%): +$1,178 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 months. At the pace of the last 7 days (−0.409% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7178 | 0.0096 | pay 0.0012% / 1h | 14m 59s | $3.7M | $13.3M | 5x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 14m 59s | $422 | $178K | 5.5x |
Lighter RH LIT
Injective LIT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.16
- Price spread: +1.827% → −9.950%
- $1,177.74
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,164.56
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 4 min ago; Injective: 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 | 0.21 bp | 8.2 bp −$8 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0383% | 4h | 4.7014 | −0.348% | $32K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0334% | 1h | 4.7070 | −0.228% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0288% | 1h | 4.6994 | −0.390% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0238% | 1h | 4.7053 | −0.265% | $85K | $68K | 20x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.7480 | +0.640% | $204K | $341K | 5x | as long as short |
| Gate LIT_USDT | −0.0078% | 4h | 4.7140 | −0.081% | $2.8M | $4.3M | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6800 | −0.802% | $611K | $411K | 50x | as long as short |
| Phemex LITUSDT | −0.0017% | 4h | 4.7080 | −0.208% | $1.4M | $2.8M | 20x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7078 | −0.212% | $11K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0006% | 1h | 4.7061 | −0.249% | $34K | — | 5x | as long as short |
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
Phoenix LIT
Gate LIT_USDT
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
gTrade (Gains Network) LIT/USD
dYdX LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LIT-USDT-SWAP | +0.0024% | 4h | 4.7085 | −0.197% | $25.3M | $62.1M | 50x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +1.827% | $422 | $178K | 5.5x | |
| KuCoin LITUSDTM | +0.0042% | 4h | 4.7097 | −0.172% | $5.3M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0074% | 8h | 4.7008 | −0.361% | $7K | $2K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0082% | 4h | 4.7444 | +0.564% | $927K | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7154 | −0.051% | $58.8M | $28.9M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.7178 | long leg | $3.7M | $13.3M | 5x | |
| ApeX Omni LITUSDT | +0.0099% | 1h | 4.7460 | +0.598% | $57K | $76K | 50x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.7050 | −0.271% | $791K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7004 | −0.369% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7171 | −0.015% | $210.8M | $41.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7045 | −0.283% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7067 | −0.235% | $74.9M | $79.0M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7090 | −0.187% | $41.8M | $28.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7061 | −0.248% | $123K | $454K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6864 | −0.666% | $117K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7079 | −0.210% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7100 | −0.165% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7112 | −0.140% | $670K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7387 | +0.442% | $289K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7052 | −0.267% | $439K | $110K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7092 | −0.182% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7058 | −0.254% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7095 | −0.176% | $2K | $400K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7445 | +0.566% | $196K | $380K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7088 | −0.192% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7067 | −0.235% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0169% | 1h | 4.7166 | −0.026% | $9K | $205K | 10x | as long as short |
| Aster LITUSDT | +0.0225% | 4h | 4.7136 | −0.089% | $12.6M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7038 | −0.297% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0415% / S −0.0212% | 1h | 4.7088 | −0.190% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7057 | −0.257% | $31K | $816K | 33x | as long as short |
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Paradex LIT-USD-PERP
GRVT LIT_USDT_Perp
Lighter LIT
ApeX Omni LITUSDT
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
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT