Funding you earn now, next payment 01:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h +0.032%
Price spread now: Lighter RH against Paradex+0.245%7-day average — · you sell dearer than you buy
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 airdropParadex: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.245% dearer against Paradex than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LIT-USD-PERP | 4.7775 | 0.0045 | pay 0.0045% / 8h | 7h 38m | $7K | $2K | 5x |
| Short | Lighter RH LIT | 4.7892 | 0.0152 | get 0.0019% / 1h | 38m 09s | $3.7M | $13.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Paradex. 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
- $22.55
- Price spread: +0.245% → 0.000%
- $24.53
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $43.07
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter RH: live order book, 6 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 6 min ago | 0.32 bp | 0.3 bp $0 | 8.0 bp −$80 | doesn't fit | doesn't fit |
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 | −0.0789% | 1h | 4.7791 | +0.033% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0511% | 4h | 4.7729 | −0.096% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0400% | 1h | 4.7738 | −0.077% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0324% | 1h | 4.7796 | +0.044% | $85K | $75K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0232% | 4h | 4.7818 | +0.090% | $26.0M | $64.6M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0140% | 4h | 4.7799 | +0.051% | $5.3M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7711 | −0.134% | $674K | $405K | 50x | as long as short |
| Gate LIT_USDT | −0.0052% | 4h | 4.7780 | +0.011% | $2.8M | $4.4M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0041% | 1h | 4.7650 | −0.261% | $56K | $77K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7652 | −0.257% | $207K | $361K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7848 | +0.154% | $32K | $858K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7848 | +0.153% | $35K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0006% | 1h | 4.7822 | +0.099% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | +0.0008% | 1h | 4.7782 | +0.014% | $2.2M | $1.7M | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0030% | 4h | 4.7520 | −0.533% | $913K | $1.8M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.555% | $422 | $178K | 5.5x | as long as short |
| Phemex LITUSDT | +0.0037% | 4h | 4.7780 | +0.011% | $1.4M | $2.7M | 20x | as long as short |
| Paradex LIT-USD-PERPlong | +0.0045% | 8h | 4.7775 | long leg | $7K | $2K | 5x | |
| Backpack LIT_USDC_PERP | +0.0086% | 1h | 4.7843 | +0.143% | $689K | $1.4M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7862 | +0.182% | $59.9M | $29.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7853 | +0.164% | $12.8M | $2.3M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7802 | +0.057% | $593K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7792 | +0.036% | $76.2M | $81.3M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7795 | +0.042% | $43.1M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7804 | +0.061% | $118K | $455K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7740 | −0.073% | $119K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7772 | −0.006% | $5.7M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7840 | +0.136% | $6.8M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7597 | −0.371% | $290K | $307K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7804 | +0.061% | $452K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7830 | +0.115% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7766 | −0.018% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7794 | +0.040% | $998 | $463K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7843 | +0.143% | $190K | $347K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7775 | 0.000% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7786 | +0.024% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7831 | +0.117% | $815K | $2.0M | 5x | as long as short |
| Lighter RH LITshort | +0.0152% | 1h | 4.7892 | +0.245% | $3.7M | $13.7M | 5x | |
| Hyperliquid LIT | +0.0261% | 1h | 4.7885 | +0.231% | $214.8M | $44.1M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7730 | −0.094% | $1.6M | $2.1M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0351% | 1h | 4.7601 | −0.363% | $10K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0395% / S −0.0183% | 1h | 4.7835 | +0.126% | $64K | — | 50x | as long as short |
Paradex LIT-USD-PERP
Lighter RH LIT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
ApeX Omni LITUSDT
Phoenix LIT
gTrade (Gains Network) LIT/USD
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Phemex LITUSDT
Backpack LIT_USDC_PERP
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
RISEx LIT/USDC
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]