Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter against Polymarket Perps+0.090%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)−3.225%−$322 · spread now +0.090%, 7d avg +0.078%
=Together, before fees−2.862%+ Points / potential airdropLighter: Season 3 · farm board−$286 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.6926 | 0.0100 | pay 0.0013% / 1h | 6m 21s | $444K | $104K | 10x |
| Short | Lighter LIT | 4.6968 | 0.0096 | get 0.0012% / 1h | 6m 21s | $58.8M | $29.7M | 5x |
Polymarket Perps LIT-USD
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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
- −$0.84
- Price spread: +0.090% → +0.078%
- $1.11
- Slippage, 4 orders
- −$18.79
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$26.52
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 61 min ago; Lighter: live order book, 8 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 Polymarket Perps live order book, 61 min ago | 3.24 bp | 9.8 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.06 bp | 3.5 bp −$3 | 15.7 bp −$157 | doesn't fit | doesn't fit |
LIT on 41 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0520% | 1h | 4.6908 | −0.038% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0431% | 4h | 4.6861 | −0.139% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0328% | 1h | 4.6919 | −0.015% | $84K | $72K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0176% | 1h | 4.6885 | −0.088% | $41K | $40K | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0141% | 1h | 4.6910 | −0.034% | $56K | $77K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0136% | 4h | 4.6951 | +0.052% | $893K | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7017 | +0.194% | $203K | $352K | 5x | as long as short |
| KuCoin LITUSDTM | −0.0090% | 4h | 4.6933 | +0.015% | $5.2M | $1.1M | 30x | as long as short |
| Phemex LITUSDT | −0.0090% | 4h | 4.6890 | −0.077% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0083% | 4h | 4.6933 | +0.015% | $25.4M | $61.8M | 50x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
ApeX Omni LITUSDT
GRVT LIT_USDT_Perp
Phoenix LIT
KuCoin LITUSDTM
Phemex LITUSDT
OKX LIT-USDT-SWAPShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7385 | +0.977% | $670K | $373K | 50x | as long as short |
| Gate LIT_USDT | −0.0030% | 4h | 4.6930 | +0.009% | $2.7M | $4.3M | 50x | as long as short |
| Bulk LIT-USD | −0.0020% | 1h | 4.7177 | +0.535% | $118K | $1K | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6912 | −0.030% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6924 | −0.004% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.374% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0046% | 8h | 4.6881 | −0.096% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.6937 | +0.023% | $817K | $2.0M | 5x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.6968 | +0.090% | $58.8M | $29.7M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.6900 | −0.055% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6973 | +0.100% | $210.1M | $41.3M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6918 | −0.017% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6906 | −0.043% | $74.7M | $78.6M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6900 | −0.055% | $41.7M | $28.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6931 | +0.011% | $117K | $445K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6889 | −0.079% | $5.4M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6930 | +0.009% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6933 | +0.015% | $680K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6929 | +0.006% | $286K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.6926 | long leg | $444K | $104K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.6905 | −0.044% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6921 | −0.011% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6895 | −0.066% | $1K | $421K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7002 | +0.162% | $189K | $352K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6884 | −0.088% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6906 | −0.043% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0123% | 4h | 4.6959 | +0.070% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0208% | 1h | 4.6993 | +0.143% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0257% | 1h | 4.7036 | +0.235% | $9K | $209K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0406% / S −0.0201% | 1h | 4.6922 | −0.009% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6939 | +0.027% | $31K | $839K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
Bulk LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT