Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter RH against Pacifica+0.203%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as 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−0.217%−$22 · spread now +0.203%, 7d avg +0.109%
=Together, before fees+0.107%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.094% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LIT | 4.7948 | 0.0100 | pay 0.0013% / 1h | 46m 54s | $770K | $1.8M | 10x |
| Short | Lighter RH LIT | 4.8045 | 0.0168 | get 0.0021% / 1h | 46m 54s | $3.7M | $12.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- $14.28
- Price spread: +0.203% → +0.109%
- $9.43
- Slippage, 4 orders
- −$17.7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1.99
- Costs to cover
- 0.257%
- Break-even
- 8.0 days
Slippage from Pacifica: live order book, 2 min ago; Lighter RH: live order book, 2 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 Pacifica live order book, 2 min ago | 2.71 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 2.08 bp | 5.6 bp −$6 | 13.0 bp −$130 | 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 | −0.0582% | 1h | 4.7934 | −0.029% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0400% | 1h | 4.7931 | −0.035% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0362% | 4h | 4.7879 | −0.143% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7780 | −0.350% | $605K | $347K | 50x | as long as short |
| Bullet LIT-USD | −0.0242% | 1h | 4.7944 | −0.007% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0137% | 4h | 4.7983 | +0.074% | $25.7M | $60.0M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0084% | 4h | 4.8080 | +0.276% | $887K | $2.0M | 10x | as long as short |
| Bybit LITUSDT | −0.0005% | 4h | 4.7960 | +0.026% | $41.7M | $28.0M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7960 | +0.027% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7992 | +0.092% | $11K | — | 150x | as long as short |
Show 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 | +0.193% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.8127 | +0.374% | $206K | $293K | 5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7984 | +0.076% | $803K | $2.3M | 5x | as long as short |
| Phemex LITUSDT | +0.0082% | 4h | 4.7940 | −0.016% | $1.4M | $2.8M | 20x | as long as short |
| Paradex LIT-USD-PERP | +0.0090% | 8h | 4.7928 | −0.041% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7999 | +0.107% | $59.7M | $26.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7935 | −0.026% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LITlong | +0.0100% | 1h | 4.7948 | long leg | $770K | $1.8M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.7945 | −0.006% | $76.9M | $74.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7963 | +0.032% | $125K | $446K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8008 | +0.126% | $120K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7960 | +0.026% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7930 | −0.037% | $5.9M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7990 | +0.088% | $5.5M | $960K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7990 | +0.088% | $6.8M | $2.5M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7977 | +0.061% | $766K | $942K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7958 | +0.021% | $293K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8010 | +0.130% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7963 | +0.032% | $450K | $83K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7975 | +0.058% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7923 | −0.051% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7940 | −0.016% | $1K | $331K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7999 | +0.107% | $200K | $298K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7921 | −0.056% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7928 | −0.041% | $150K | — | 3x | as long as short |
| Lighter RH LITshort | +0.0168% | 1h | 4.8045 | +0.203% | $3.7M | $12.7M | 5x | |
| Aster LITUSDT | +0.0178% | 4h | 4.8033 | +0.177% | $12.9M | $1.9M | 50x | as long as short |
| Hyperliquid LIT | +0.0288% | 1h | 4.8037 | +0.186% | $216.8M | $39.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7923 | −0.051% | $1.6M | $2.3M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0365% | 1h | 4.7936 | −0.024% | $9K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7988 | +0.085% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7989 | +0.087% | $32K | $654K | 33x | as long as short |
Pacifica LIT
Lighter RH LIT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Bybit LITUSDT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Phoenix LIT
RISEx LIT/USDC
Phemex LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Binance LITUSDT
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
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]