Funding you earn now, next payment 20:36 UTC−0.0016%/8h= −1.7% APRpaid last 24h −0.030%
Price spread now: Lighter against Perpl−0.011%7-day average +0.087% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.269%+$27 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.011%, 7d avg +0.087%
=Together, before fees+0.363%+ Points / potential airdropPerpl: Active · Lighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Lighter is 0.098% cheaper against Perpl than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.087%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.269%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.7305 | 0.0112 | pay 0.0010% / 43m | 34m 35s | $31K | $844K | 33x |
| Short | Lighter LIT | 4.7300 | 0.0096 | get 0.0012% / 1h | 47m 35s | $59.3M | $29.8M | 5x |
Perpl LIT
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Perpl. 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
- −$3.28
- Price spread: −0.011% → +0.087%
- −$9.83
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$26.91
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Lighter: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.84 bp | 2.2 bp −$2 | 6.6 bp −$66 | doesn't fit | doesn't fit |
Perpl: 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 | −0.0953% | 1h | 4.7325 | +0.041% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0672% | 1h | 4.7166 | −0.295% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0622% | 1h | 4.7316 | +0.022% | $665K | $1.5M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0574% | 4h | 4.7258 | −0.100% | $32K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0552% | 4h | 4.7250 | −0.117% | $2.8M | $4.5M | 50x | as long as short |
| Phemex LITUSDT | −0.0420% | 4h | 4.7280 | −0.054% | $1.3M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0328% | 4h | 4.7277 | −0.060% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0301% | 4h | 4.7238 | −0.142% | $25.0M | $60.6M | 50x | as long as short |
| Bullet LIT-USD | −0.0287% | 1h | 4.7304 | −0.003% | $85K | $81K | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0268% | 4h | 4.7401 | +0.203% | $898K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Orderly PERP_LIT_USDC
Gate LIT_USDT
Phemex LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Bullet LIT-USD
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0239% | 4h | 4.7260 | −0.096% | $42.7M | $30.3M | 75x | as long as short |
| Nado LIT-PERP | −0.0175% | 1h | 4.7270 | −0.075% | $2.1M | $1.7M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7349 | +0.091% | $653K | $399K | 50x | as long as short |
| Extended LIT-USD | −0.0088% | 1h | 4.7226 | −0.168% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0054% | 1h | 4.7320 | +0.031% | $980 | $480K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7435 | +0.274% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0017% | 8h | 4.7217 | −0.187% | $5K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7290 | −0.032% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7360 | +0.116% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7274 | −0.066% | $813K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.553% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0037% | 4h | 4.7208 | −0.206% | $74.6M | $80.8M | 75x | as long as short |
| MEXC LIT_USDT | +0.0040% | 4h | 4.7204 | −0.214% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0053% | 4h | 4.7455 | +0.317% | $289K | $311K | 10x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7296 | −0.020% | $148K | $44K | 3x | as long as short |
| Polymarket Perps LIT-USD | +0.0077% | 1h | 4.7308 | +0.005% | $447K | $105K | 10x | as long as short |
| Bulk LIT-USD | +0.0077% | 1h | 4.7397 | +0.194% | $119K | $7K | 10x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.7300 | −0.011% | $59.3M | $29.8M | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7274 | −0.066% | $210.0M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7311 | +0.012% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7278 | −0.058% | $593K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7248 | −0.121% | $117K | $442K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7240 | −0.138% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7450 | +0.306% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7371 | +0.138% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7339 | +0.071% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7405 | +0.211% | $189K | $327K | 30x | as long as short |
| Perpl LITlong | +0.0112% | 43m | 4.7305 | long leg | $31K | $844K | 33x | |
| BloFin LIT-USDT | +0.0170% | 4h | 4.7362 | +0.120% | $1.5M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0184% | 1h | 4.7495 | +0.400% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0320% | 1h | 4.7323 | +0.037% | $3.7M | $14.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7367 | +0.131% | $59K | — | 50x | as long as short |
Bybit LITUSDT
Nado LIT-PERP
Coinbase International LIT-PERP-INTX
Extended LIT-USD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Polymarket Perps LIT-USD
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]