Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h −0.030%
Price spread now: Pacifica against Lighter RH−0.034%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days−0.325%−$32 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.034%, 7d avg −0.109%
=Together, before fees−0.276%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.075% dearer against Lighter RH than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.109%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.325% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7956 | 0.0144 | pay 0.0018% / 1h | 44m 24s | $3.7M | $12.7M | 5x |
| Short | Pacifica LIT | 4.7940 | 0.0100 | get 0.0013% / 1h | 44m 24s | $770K | $1.8M | 10x |
Lighter RH LIT
Pacifica LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$9.24
- Price spread: −0.034% → −0.109%
- $7.46
- Slippage, 4 orders
- −$17.7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$27.48
- Costs to cover
- 0.257%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Pacifica: live order book, 5 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, 4 min ago | 2.08 bp | 2.3 bp −$2 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 5 min ago | 2.71 bp | 8.0 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0396% | 1h | 4.7952 | −0.009% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0392% | 1h | 4.7860 | −0.200% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0365% | 4h | 4.7901 | −0.115% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7780 | −0.368% | $605K | $347K | 50x | as long as short |
| Bullet LIT-USD | −0.0264% | 1h | 4.7946 | −0.022% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0144% | 4h | 4.7952 | −0.008% | $25.7M | $59.9M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0090% | 4h | 4.7930 | −0.054% | $884K | $2.0M | 10x | as long as short |
| Bybit LITUSDT | −0.0011% | 4h | 4.7960 | +0.008% | $41.7M | $28.0M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7940 | −0.033% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7998 | +0.087% | $12K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Bybit LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.175% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.8127 | +0.357% | $206K | $293K | 5x | as long as short |
| Phemex LITUSDT | +0.0058% | 4h | 4.7920 | −0.075% | $1.4M | $2.8M | 20x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7960 | +0.008% | $800K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0090% | 8h | 4.7890 | −0.137% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8004 | +0.100% | $59.7M | $26.4M | 5x | as long as short |
| KuCoin LITUSDTM | +0.0098% | 4h | 4.7901 | −0.115% | $5.5M | $958K | 30x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7881 | −0.155% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LITshort | +0.0100% | 1h | 4.7940 | −0.034% | $770K | $1.8M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.7938 | −0.038% | $76.9M | $74.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7889 | −0.140% | $125K | $446K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8008 | +0.108% | $120K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7980 | +0.050% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7912 | −0.092% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7960 | +0.008% | $6.8M | $2.5M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7948 | −0.017% | $766K | $943K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7930 | −0.055% | $293K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8010 | +0.113% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7914 | −0.088% | $450K | $82K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7975 | +0.041% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7942 | −0.029% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7945 | −0.023% | $1K | $331K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7931 | −0.052% | $199K | $298K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7942 | −0.030% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7927 | −0.061% | $150K | — | 3x | as long as short |
| Lighter RH LITlong | +0.0144% | 1h | 4.7956 | long leg | $3.7M | $12.7M | 5x | |
| Aster LITUSDT | +0.0183% | 4h | 4.8000 | +0.092% | $12.9M | $1.9M | 50x | as long as short |
| Hyperliquid LIT | +0.0278% | 1h | 4.8003 | +0.098% | $216.7M | $39.0M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0338% | 1h | 4.7945 | −0.022% | $10K | $205K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7869 | −0.181% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7989 | +0.068% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7939 | −0.035% | $32K | $653K | 33x | as long as short |
Injective LIT/USDC PERP
Phoenix LIT
Phemex LITUSDT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
KuCoin LITUSDTM
Nado LIT-PERP
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Hyperliquid LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT