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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LITE_USDC-PERPETUAL941.38−0.0079get 0.0010% / 1h49m 02s$18K$41K10x
ShortLighter LITE941.500.0032get 0.0004% / 1h49m 02s$24K$102K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Lighter live order book, 21 min ago1.00 bp1.8 bp −$26.1 bp −$61doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp−0.0844%8h940.91−0.050%$546$192K10xas long as short
Bybit LITEUSDT−0.0174%8h940.32−0.113%$1.8M$2.1M25xas long as short
Coinbase International LITE-PERP-INTX−0.0112%1h946.24+0.516%$93K$215K10xas long as short
Bitget LITEUSDT−0.0107%8h941.22−0.017%$2.6M$3.1M20xas long as short
Deribit LITE_USDC-PERPETUALlong−0.0079%1h941.38long leg$18K$41K10x
Aster LITEUSDT0.0000%8h940.74−0.068%$105K$30K20xas long as short
Extended LITE-USD0.0000%1h940.25−0.120%$48K$247K10xas long as short
Binance LITEUSDT0.0000%8h941.03−0.037%$12.0M$50.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h940.98−0.042%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h941.44+0.006%$7.9M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h941.23−0.016%$259K$139Kas long as short
SunX LITE-USDT0.0000%8h941.50+0.013%$786$3.7M10xas long as short
HTX LITE-USDT0.0000%8h941.47+0.010%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h941.69+0.033%$1.5M$742K10xas long as short
QFEX LITE-USD+0.0014%1h940.76−0.066%$1.1M$3.9M10xas long as short
BloFin LITE-USDT+0.0030%8h941.66+0.030%$217K$243K20xas long as short
Lighter LITEshort+0.0032%1h941.50+0.013%$24K$102K10x
ApeX Omni LITEUSDT+0.0039%1h940.97−0.044%$16K$266K50xas long as short
Vest LITE-USD-PERP+0.0046%1h940.32−0.113%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h940.24−0.121%$7.6M$5.7M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h939.56−0.193%$73K$220K10xas long as short
SoDEX LITE-USD+0.0050%1h940.20−0.125%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h938.82−0.272%$33K$355K10xas long as short
KuCoin LITEUSDTM+0.0100%8h940.24−0.121%$516K$70K20xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h940.59−0.084%$914$3K10xas long as short
Aevo LITE-PERP+0.0104%1h940.35−0.109%10xas long as short
edgeX LITEUSDC+0.0721%4h940.63−0.080%$58K$476K10xas long as short