Funding you earn now, next payment 09:00 UTC+0.0111%/8h= +12.2% APRnext payment +$0.14 per $10,000 · paid last 24h −0.027%
Price spread now: Lighter against Deribit+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LITE_USDC-PERPETUAL | 941.38 | −0.0079 | get 0.0010% / 1h | 49m 02s | $18K | $41K | 10x |
| Short | Lighter LITE | 941.50 | 0.0032 | get 0.0004% / 1h | 49m 02s | $24K | $102K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $23.35
- Price spread: +0.013% → 0.000%
- $1.27
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.63
- Costs to cover
- 0.070%
- Break-even
- 1.7 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 21 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 21 min ago | 1.00 bp | 1.8 bp −$2 | 6.1 bp −$61 | doesn't fit | doesn't fit |
Deribit: 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.
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | −0.0844% | 8h | 940.91 | −0.050% | $546 | $192K | 10x | as long as short |
| Bybit LITEUSDT | −0.0174% | 8h | 940.32 | −0.113% | $1.8M | $2.1M | 25x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0112% | 1h | 946.24 | +0.516% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0107% | 8h | 941.22 | −0.017% | $2.6M | $3.1M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUALlong | −0.0079% | 1h | 941.38 | long leg | $18K | $41K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 940.74 | −0.068% | $105K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 940.25 | −0.120% | $48K | $247K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 941.03 | −0.037% | $12.0M | $50.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 940.98 | −0.042% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 941.44 | +0.006% | $7.9M | $6.4M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 941.23 | −0.016% | $259K | $139K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 941.50 | +0.013% | $786 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 941.47 | +0.010% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 941.69 | +0.033% | $1.5M | $742K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 940.76 | −0.066% | $1.1M | $3.9M | 10x | as long as short |
| BloFin LITE-USDT | +0.0030% | 8h | 941.66 | +0.030% | $217K | $243K | 20x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 941.50 | +0.013% | $24K | $102K | 10x | |
| ApeX Omni LITEUSDT | +0.0039% | 1h | 940.97 | −0.044% | $16K | $266K | 50x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 940.32 | −0.113% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 940.24 | −0.121% | $7.6M | $5.7M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 939.56 | −0.193% | $73K | $220K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 940.20 | −0.125% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 938.82 | −0.272% | $33K | $355K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 940.24 | −0.121% | $516K | $70K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 940.59 | −0.084% | $914 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 940.35 | −0.109% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0721% | 4h | 940.63 | −0.080% | $58K | $476K | 10x | as long as short |
Deribit LITE_USDC-PERPETUAL
Lighter LITE
GRVT LITE_USDT_Perp
Bybit LITEUSDT
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
edgeX LITEUSDC