Settings8H · net · $10k
Funding arb · Price arb /

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.009%
Price spread now: Lighter against Binance−0.046%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.307%+$31 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.046% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.307% in total) that is about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LITEUSDT942.260get 0.0000% / 8h3h 00m$12.2M$47.6M25x
ShortLighter LITE941.830.0032get 0.0004% / 1h0m 09s$24K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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

Funding earned
$6.72
Price spread: −0.046% → 0.000%
−$4.55
Slippage, 4 orders
−$14.86
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$22.7
Costs to cover
0.249%
Break-even
30.6 days
Slippage from Binance: live order book, 12 min ago; Lighter: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.00 bp9.5 bp −$923.9 bp −$23982.4 bp −$8,241doesn't fit
Sell Lighter live order book, 34 min ago0.84 bp1.9 bp −$24.9 bp −$49doesn't fitdoesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LITEUSDT−0.0493%8h941.70−0.059%$2.6M$3.0M20xas long as short
Coinbase International LITE-PERP-INTX−0.0224%1h946.46+0.446%$99K$202K10xas long as short
QFEX LITE-USD−0.0002%1h942.20−0.006%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h942.55+0.031%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h941.95−0.033%$14K$214K10xas long as short
Binance LITEUSDTlong0.0000%8h942.26long leg$12.2M$47.6M25x
Bybit LITEUSDT0.0000%8h942.13−0.014%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h941.47−0.084%$3.7M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h942.24−0.002%$7.9M$6.3M50xas long as short
Variational Omni LITE0.0000%8h941.70−0.060%$258K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h945.59+0.354%$1K$185K10xas long as short
SunX LITE-USDT0.0000%8h942.10−0.017%$652$3.8M10xas long as short
HTX LITE-USDT0.0000%8h942.14−0.013%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h942.16−0.011%$1.5M$707K10xas long as short
BloFin LITE-USDT+0.0013%8h942.32+0.006%$219K$233K20xas long as short
edgeX LITEUSDC+0.0031%4h944.46+0.234%$61K$458K10xas long as short
Lighter LITEshort+0.0032%1h941.83−0.046%$24K$104K10x
Vest LITE-USD-PERP+0.0046%1h941.81−0.048%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h942.44+0.019%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h942.14−0.013%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h940.73−0.162%$33K$314K10xas long as short
tradeXYZ xyz:LITE+0.0057%1h941.85−0.043%$7.2M$5.6M10xas long as short
KuCoin LITEUSDTM+0.0100%8h942.12−0.015%$518K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h942.59+0.035%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h942.05−0.022%$916$3K10xas long as short
Aevo LITE-PERP+0.0104%1h941.90−0.039%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0132%1h941.98−0.030%$18K$39K10xas long as short