Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.015%
Price spread now: Lighter against GRVT−0.391%48s7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.255% of the position
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.391% cheaper against GRVT than usual: you would sell low and buy high (spread −0.391% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 41 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.279% in total) that is about 9.8 days. The two prices were read 48 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 | GRVT LITE_USDT_Perp | 945.59 | 0 | get 0.0000% / 8h | 3h 00m | $1K | $185K | 10x |
| Short | Lighter LITE | 941.89 | 0.0032 | get 0.0004% / 1h | 0m 46s | $24K | $104K | 10x |
GRVT LITE_USDT_Perp
Lighter LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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
- $6.72
- Price spread: −0.391% → 0.000%
- −$39.14
- Slippage, 4 orders
- −$16.46
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$57.88
- Costs to cover
- 0.255%
- Break-even
- 67.3 days
Slippage from GRVT: live order book, 51 min ago; Lighter: live order book, 33 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 GRVT live order book, 51 min ago | 2.77 bp | 9.6 bp −$10 | 22752.0 bp −$227.5K | 317387.3 bp −$31.74M | doesn't fit |
| Sell Lighter live order book, 33 min ago | 0.84 bp | 1.9 bp −$2 | 4.9 bp −$49 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0493% | 8h | 942.06 | −0.373% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 946.46 | +0.092% | $99K | $202K | 10x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 942.61 | −0.315% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.26 | −0.352% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 941.95 | −0.385% | $14K | $214K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 942.12 | −0.367% | $12.2M | $47.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 942.22 | −0.356% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 942.35 | −0.343% | $3.7M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 942.76 | −0.299% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 941.70 | −0.412% | $258K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perplong | 0.0000% | 8h | 945.59 | long leg | $1K | $185K | 10x | |
| SunX LITE-USDT | 0.0000% | 8h | 941.80 | −0.401% | $652 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 941.49 | −0.434% | $18K | $39K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 942.14 | −0.365% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 942.55 | −0.322% | $1.5M | $706K | 10x | as long as short |
| BloFin LITE-USDT | +0.0013% | 8h | 942.32 | −0.346% | $219K | $233K | 20x | as long as short |
| edgeX LITEUSDC | +0.0031% | 4h | 944.46 | −0.119% | $61K | $458K | 10x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 941.89 | −0.391% | $24K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 941.81 | −0.400% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 942.34 | −0.344% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 942.16 | −0.363% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 940.73 | −0.514% | $33K | $314K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0058% | 1h | 942.21 | −0.358% | $7.2M | $5.6M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.21 | −0.358% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 942.59 | −0.317% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 941.88 | −0.392% | $916 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 941.57 | −0.426% | — | — | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
edgeX LITEUSDC
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP