Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.105%
Price spread now: Phemex against Lighter RH−0.166%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.503%−$50 on $10k
+Price spread, last 4 days (all we have)−0.259%−$26 · spread now −0.166%, 7d avg −0.187%
=Together, before fees−0.763%+ Points / potential airdropLighter RH: Points live · farm board−$76 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: Phemex is 0.021% dearer against Lighter RH than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.8310 | 0.0096 | pay 0.0012% / 1h | 49m 56s | $3.7M | $12.2M | 5x |
| Short | Phemex LITUSDT | 4.8230 | 0.0100 | get 0.0050% / 4h | 3h 49m | $1.4M | $2.7M | 20x |
Lighter RH LIT
Phemex LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.166% → −0.187%
- $2.1
- Slippage, 4 orders
- −$51.33
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$60.39
- Costs to cover
- 0.633%
- Break-even
- 510.2 days
Slippage from Lighter RH: live order book, 4 min ago; Phemex: live order book, 4 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 | 2.18 bp | 2.7 bp −$3 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 6.24 bp | 24.1 bp −$24 | 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 | −0.0616% | 1h | 4.8223 | −0.181% | $42K | $39K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0366% | 4h | 4.8218 | −0.190% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.8225 | −0.177% | $611K | $351K | 50x | as long as short |
| Bullet LIT-USD | −0.0300% | 1h | 4.8239 | −0.147% | $86K | $66K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0280% | 1h | 4.8293 | −0.035% | $32K | $3K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0159% | 4h | 4.8336 | +0.054% | $26.0M | $59.9M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0056% | 4h | 4.8090 | −0.455% | $896K | $2.0M | 10x | as long as short |
| Bybit LITUSDT | −0.0013% | 4h | 4.8301 | −0.019% | $42.0M | $27.4M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8372 | +0.128% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8353 | +0.090% | $36K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
01 Exchange LITUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0017% | 1h | 4.8132 | −0.368% | $207K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.559% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0092% | 1h | 4.8289 | −0.042% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8303 | −0.014% | $60.1M | $26.0M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.8310 | long leg | $3.7M | $12.2M | 5x | |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.8305 | −0.010% | $7K | $2K | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8337 | +0.056% | $218.4M | $38.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8338 | +0.058% | $717K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8280 | −0.062% | $77.5M | $73.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8303 | −0.014% | $128K | $443K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8183 | −0.263% | $120K | −$0 | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8280 | −0.062% | $2.8M | $4.0M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8232 | −0.161% | $6.3M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8313 | +0.006% | $5.5M | $927K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8340 | +0.062% | $6.9M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8267 | −0.089% | $688K | $988K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8068 | −0.501% | $294K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8080 | −0.476% | $57K | $75K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8331 | +0.043% | $450K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8239 | −0.147% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8102 | −0.431% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8226 | −0.174% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8401 | +0.188% | $194K | $313K | 30x | as long as short |
| Phemex LITUSDTshort | +0.0100% | 4h | 4.8230 | −0.166% | $1.4M | $2.7M | 20x | |
| Extended LIT-USD | +0.0104% | 1h | 4.8333 | +0.047% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8263 | −0.097% | $151K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8327 | +0.035% | $805K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0321% | 4h | 4.8376 | +0.137% | $12.9M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8357 | +0.096% | $32K | $640K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8326 | +0.033% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0427% / S −0.0217% | 1h | 4.8282 | −0.058% | $65K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0468% | 1h | 4.8180 | −0.270% | $10K | $202K | 10x | as long as short |
Phoenix LIT
Injective LIT/USDC PERP
Nado LIT-PERP
Lighter LIT
Paradex LIT-USD-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
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
RISEx LIT/USDC
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD