Funding you earn now, next payment 01:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.032%
Price spread now: Paradex against Lighter RH−0.222%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.222% cheaper against Lighter RH than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | 4.7889 | 0.0176 | pay 0.0022% / 1h | 36m 46s | $3.7M | $13.7M | 5x |
| Short | Paradex LIT-USD-PERP | 4.7783 | 0.0043 | get 0.0043% / 8h | 7h 36m | $7K | $2K | 5x |
Lighter RH LIT
Paradex LIT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$27.92
- Price spread: −0.222% → 0.000%
- −$22.21
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$54.13
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 2 min ago; Paradex: 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, 2 min ago | 2.30 bp | 4.0 bp −$4 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0755% | 1h | 4.7803 | −0.179% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0510% | 4h | 4.7749 | −0.292% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0400% | 1h | 4.7778 | −0.232% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0330% | 1h | 4.7806 | −0.173% | $85K | $75K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0230% | 4h | 4.7801 | −0.184% | $26.0M | $64.6M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0138% | 4h | 4.7784 | −0.219% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7831 | −0.121% | $676K | $406K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7765 | −0.259% | $208K | $361K | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0032% | 1h | 4.7740 | −0.311% | $56K | $77K | 50x | as long as short |
| Gate LIT_USDT | −0.0002% | 4h | 4.7780 | −0.228% | $2.8M | $4.4M | 50x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
Phoenix LIT
ApeX Omni LITUSDT
Gate LIT_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7847 | −0.087% | $32K | $858K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7848 | −0.086% | $35K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0005% | 1h | 4.7863 | −0.055% | $34K | — | 5x | as long as short |
| Phemex LITUSDT | +0.0007% | 4h | 4.7780 | −0.228% | $1.4M | $2.7M | 20x | as long as short |
| Nado LIT-PERP | +0.0014% | 1h | 4.7775 | −0.238% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.315% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERPshort | +0.0043% | 8h | 4.7783 | −0.222% | $7K | $2K | 5x | |
| GRVT LIT_USDT_Perp | +0.0048% | 4h | 4.7763 | −0.262% | $918K | $1.8M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7883 | −0.013% | $59.9M | $29.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7864 | −0.051% | $12.8M | $2.3M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7826 | −0.132% | $594K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7780 | −0.228% | $76.2M | $81.3M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7810 | −0.165% | $43.1M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7818 | −0.148% | $118K | $455K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7740 | −0.311% | $119K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7730 | −0.332% | $5.7M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7840 | −0.102% | $6.8M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7834 | −0.115% | $689K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7664 | −0.470% | $290K | $308K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7821 | −0.142% | $452K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7846 | −0.089% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7768 | −0.253% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7801 | −0.184% | $1K | $463K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7843 | −0.096% | $191K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7750 | −0.290% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7800 | −0.186% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7850 | −0.081% | $816K | $2.0M | 5x | as long as short |
| Lighter RH LITlong | +0.0176% | 1h | 4.7889 | long leg | $3.7M | $13.7M | 5x | |
| Hyperliquid LIT | +0.0275% | 1h | 4.7902 | +0.027% | $214.9M | $44.1M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7744 | −0.303% | $1.6M | $2.1M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0355% | 1h | 4.7644 | −0.512% | $10K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0395% / S −0.0183% | 1h | 4.7852 | −0.076% | $64K | — | 50x | as long as short |
Perpl LIT
gTrade (Gains Network) LIT/USD
dYdX LIT-USD
Phemex LITUSDT
Nado LIT-PERP
Injective LIT/USDC PERP
GRVT LIT_USDT_Perp
Lighter LIT
Aster LITUSDT
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
RISEx LIT/USDC
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]