LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.021%

Price spread now: Lighter against RISEx+0.005%54s7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$180.176% of the position

Long on RISEx Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.055%+$6 on $10k

Price spread, last 7 days+0.016%+$2 · spread now +0.005%, 7d avg +0.074%

Together, before fees+0.071%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.069% cheaper against RISEx than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.074%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.7797	0.0012	pay 0.0001% / 1h	48m 39s	$822K	$2.1M	5x
Short	Lighter LIT	4.7799	0.0096	get 0.0012% / 1h	48m 39s	$60.2M	$29.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee LighterbpOrdersPrice spread, now +0.005%Rate

Funding earned: $17.68
Price spread: +0.005% → +0.074%: −$6.92
Slippage, 4 orders: −$11.62
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$6.86
Costs to cover: 0.176%
Break-even: 9.7 days

Slippage from RISEx: live order book, 5 min ago; Lighter: live order book, 5 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 RISEx live order book, 5 min ago	1.04 bp	4.0 bp −$4	17.1 bp −$171	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.31 bp	5.3 bp −$5	15.8 bp −$158	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
Gate LIT_USDT	−0.0958%	4h	4.7790	−0.014%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0631%	1h	4.7757	−0.084%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0610%	4h	4.7710	−0.181%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0496%	1h	4.7711	−0.179%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0464%	4h	4.7770	−0.056%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0442%	4h	4.7724	−0.152%	$25.9M	$64.1M	50x	as long as short
Bullet LIT-USD	−0.0281%	1h	4.7767	−0.061%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0240%	4h	4.7804	+0.016%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0168%	4h	4.7739	−0.120%	$43.1M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7920	+0.258%	$678K	$405K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0118%	4h	4.7751	−0.095%	$908K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7795	−0.003%	$208K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7773	−0.049%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7748	−0.102%	$32K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7814	+0.036%	$35K	—	150x	as long as short
Aftermath Perps LITUSD	+0.0006%	1h	4.7812	+0.032%	$13K	$204K	10x	as long as short
Paradex LIT-USD-PERP	+0.0011%	8h	4.7698	−0.206%	$7K	$2K	5x	as long as short
RISEx LIT/USDClong	+0.0012%	1h	4.7797	long leg	$822K	$2.1M	5x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.509%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0067%	4h	4.7758	−0.080%	$291K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0070%	4h	4.7717	−0.166%	$5.6M	$4.1M	100x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7737	−0.125%	$149K	$44K	3x	as long as short
Binance LITUSDT	+0.0072%	4h	4.7715	−0.171%	$76.0M	$81.3M	75x	as long as short
Lighter LITshort	+0.0096%	1h	4.7799	+0.005%	$60.2M	$29.7M	5x
Nado LIT-PERP	+0.0100%	1h	4.7755	−0.086%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7812	+0.031%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7762	−0.072%	$604K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7741	−0.116%	$120K	$453K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7741	−0.116%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7750	−0.097%	$6.8M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7775	−0.045%	$678K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7780	−0.035%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7778	−0.039%	$451K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7791	−0.012%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7739	−0.120%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7740	−0.118%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7846	+0.103%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7721	−0.157%	$5.3M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0128%	1h	4.7821	+0.051%	$3.7M	$13.8M	5x	as long as short
Hyperliquid LIT	+0.0218%	1h	4.7821	+0.052%	$214.4M	$44.8M	5x	as long as short
BloFin LIT-USDT	+0.0285%	4h	4.7753	−0.091%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7809	+0.026%	$63K	—	50x	as long as short