Funding you earn now, next payment 21:20 UTC+0.0224%/8h= +24.6% APRpaid last 24h −0.021%
Price spread now: Lighter RH against Perpl+0.206%7-day average +0.131% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.394%+$39 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.206%, 7d avg +0.131%
=Together, before fees+0.309%+ Points / potential airdropPerpl: Active · Lighter RH: Points live · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter RH is 0.075% dearer against Perpl than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.7369 | 0.0112 | pay 0.0010% / 43m | 18m 50s | $31K | $841K | 33x |
| Short | Lighter RH LIT | 4.7466 | 0.0336 | get 0.0042% / 1h | 31m 50s | $3.7M | $14.2M | 5x |
Perpl LIT
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $47.12
- Price spread: +0.206% → +0.131%
- $7.47
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $40.79
- Costs to cover
- 0.138%
- Break-even
- 0.9 days
Slippage unknown: Perpl: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 1.37 bp | 4.7 bp −$5 | 12.5 bp −$125 | 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 | −0.1075% | 1h | 4.7393 | +0.053% | $42K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0708% | 4h | 4.7530 | +0.341% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0595% | 4h | 4.7331 | −0.079% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7285 | −0.176% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0454% | 1h | 4.7397 | +0.060% | $666K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0440% | 4h | 4.7380 | +0.024% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0388% | 1h | 4.7397 | +0.061% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0305% | 4h | 4.7477 | +0.229% | $25.0M | $61.5M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0304% | 4h | 4.7485 | +0.246% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0304% | 4h | 4.7340 | −0.061% | $891K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Phemex LITUSDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0283% | 4h | 4.7512 | +0.303% | $43.1M | $30.5M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7487 | +0.249% | $657K | $402K | 50x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7438 | +0.147% | $246K | $321K | 5x | as long as short |
| Extended LIT-USD | −0.0040% | 1h | 4.7540 | +0.361% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0037% | 1h | 4.7385 | +0.035% | $989 | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0031% | 8h | 4.7295 | −0.156% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7355 | −0.028% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7425 | +0.118% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7363 | −0.011% | $815K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0016% | 1h | 4.7316 | −0.111% | $447K | $105K | 10x | as long as short |
| Bulk LIT-USD | +0.0018% | 1h | 4.7345 | −0.049% | $119K | $6K | 10x | as long as short |
| MEXC LIT_USDT | +0.0026% | 4h | 4.7553 | +0.389% | $5.9M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0029% | 4h | 4.7317 | −0.110% | $288K | $311K | 10x | as long as short |
| Binance LITUSDT | +0.0030% | 4h | 4.7507 | +0.293% | $75.1M | $81.1M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.417% | $422 | $178K | 5.5x | as long as short |
| Aevo LIT-PERP | +0.0040% | 1h | 4.7373 | +0.010% | $148K | $44K | 3x | as long as short |
| Nado LIT-PERP | +0.0055% | 1h | 4.7311 | −0.121% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7457 | +0.187% | $59.5M | $30.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7402 | +0.072% | $210.6M | $44.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7435 | +0.140% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7365 | −0.008% | $585K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7334 | −0.073% | $117K | $447K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7540 | +0.362% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7400 | +0.066% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7432 | +0.133% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7437 | +0.144% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7391 | +0.047% | $190K | $329K | 30x | as long as short |
| BloFin LIT-USDT | +0.0106% | 4h | 4.7380 | +0.024% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LITlong | +0.0112% | 43m | 4.7369 | long leg | $31K | $841K | 33x | |
| Aftermath Perps LITUSD | +0.0198% | 1h | 4.7404 | +0.075% | $12K | $199K | 10x | as long as short |
| Lighter RH LITshort | +0.0336% | 1h | 4.7466 | +0.206% | $3.7M | $14.2M | 5x | |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7437 | +0.144% | $59K | — | 50x | as long as short |
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Phoenix LIT
Extended LIT-USD
SoDEX LIT-USD
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
Injective LIT/USDC PERP
Aevo LIT-PERP
Nado LIT-PERP
Lighter LIT
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
GMX LIT/USD [ETH-USDC]