Funding you earn now, next payment 23:00 UTC+0.0765%/8h= +83.8% APRpaid last 24h +0.105%
Price spread now: Lighter RH against OKX+0.192%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days+0.511%+$51 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.192%, 7d avg +0.132%
=Together, before fees+0.398%+ Points / potential airdropLighter RH: Points live · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter RH is 0.060% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.511% in total (about 26.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LIT-USDT-SWAP | 4.6989 | −0.0437 | get 0.0218% / 4h | 1h 32m | $25.2M | $61.9M | 50x |
| Short | Lighter RH LIT | 4.7079 | 0.0328 | get 0.0041% / 1h | 32m 23s | $3.7M | $13.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against OKX. 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
- $160.63
- Price spread: +0.192% → +0.132%
- $5.99
- Slippage, 4 orders
- −$17.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $139.31
- Costs to cover
- 0.273%
- Break-even
- 0.9 days
Slippage from OKX: live order book, 1 min ago; Lighter RH: live order book, 1 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 OKX live order book, 1 min ago | 0.11 bp | 7.2 bp −$7 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 0.85 bp | 7.3 bp −$7 | 14.3 bp −$143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1132% | 4h | 4.7000 | +0.023% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0832% | 1h | 4.7001 | +0.026% | $41K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0754% | 1h | 4.7024 | +0.074% | $660K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0630% | 4h | 4.6948 | −0.087% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0576% | 1h | 4.6912 | −0.164% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0537% | 4h | 4.6980 | −0.019% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAPlong | −0.0437% | 4h | 4.6989 | long leg | $25.2M | $61.9M | 50x | |
| Bullet LIT-USD | −0.0331% | 1h | 4.6984 | −0.010% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0299% | 4h | 4.7010 | +0.045% | $42.5M | $30.2M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0294% | 4h | 4.6956 | −0.070% | $5.2M | $1.1M | 30x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0235% | 1h | 4.7072 | +0.176% | $10K | $201K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0186% | 4h | 4.6990 | +0.002% | $898K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7094 | +0.224% | $666K | $398K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7011 | +0.047% | $783K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0035% | 1h | 4.6936 | −0.112% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7044 | +0.117% | $243K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0007% | 8h | 4.6952 | −0.079% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7023 | +0.073% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7042 | +0.114% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.237% | $422 | $178K | 5.5x | as long as short |
| SoDEX LIT-USD | +0.0049% | 1h | 4.7015 | +0.055% | $1K | $465K | 5x | as long as short |
| Binance LITUSDT | +0.0053% | 4h | 4.6975 | −0.030% | $74.5M | $80.9M | 75x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.6943 | −0.098% | $5.5M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0057% | 4h | 4.6995 | +0.014% | $286K | $311K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.6999 | +0.022% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7055 | +0.140% | $59.2M | $29.5M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7042 | +0.113% | $209.7M | $44.2M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7033 | +0.094% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7002 | +0.028% | $578K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6991 | +0.004% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7148 | +0.338% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7020 | +0.066% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7000 | +0.023% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6980 | −0.019% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7051 | +0.131% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6994 | +0.011% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7133 | +0.306% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6984 | −0.011% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0228% | 4h | 4.6978 | −0.023% | $1.5M | $2.0M | 75x | as long as short |
| Lighter RH LITshort | +0.0328% | 1h | 4.7079 | +0.192% | $3.7M | $13.6M | 5x | |
| Perpl LIT | +0.0335% | 43m | 4.7011 | +0.047% | $31K | $838K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7042 | +0.113% | $59K | — | 50x | as long as short |
OKX LIT-USDT-SWAP
Lighter RH LIT
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Phemex LITUSDT
Bullet LIT-USD
Bybit LITUSDT
KuCoin LITUSDTM
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
SoDEX LIT-USD
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]