Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.030%
Price spread now: Deribit against Lighter−0.024%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.024% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 949.30 | 0.0032 | pay 0.0004% / 1h | 38m 59s | $25K | $104K | 10x |
| Short | Deribit LITE_USDC-PERPETUAL | 949.07 | 0 | get 0.0000% / 1h | 38m 59s | $18K | $41K | 10x |
Lighter LITE
Deribit LITE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Lighter. 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: −0.024% → 0.000%
- −$2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$16.14
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 45 min ago; Deribit: no order-book sample. 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 Lighter live order book, 45 min ago | 3.17 bp | 3.2 bp −$3 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0152% | 8h | 949.38 | +0.008% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 947.41 | −0.199% | $94K | $214K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.65 | +0.037% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.24 | −0.006% | $49K | $253K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.61 | +0.033% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 950.20 | +0.095% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.49 | +0.020% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 950.14 | +0.088% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.07 | +0.187% | $261K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 950.87 | +0.165% | $970 | $194K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 950.20 | +0.095% | $892 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUALshort | 0.0000% | 1h | 949.07 | −0.024% | $18K | $41K | 10x | |
| HTX LITE-USDT | 0.0000% | 8h | 950.57 | +0.134% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 950.22 | +0.097% | $1.5M | $736K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 950.05 | +0.079% | $1.1M | $3.7M | 10x | as long as short |
| BloFin LITE-USDT | +0.0007% | 8h | 950.29 | +0.104% | $217K | $242K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 949.30 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.36 | +0.006% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 950.42 | +0.118% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.85 | +0.058% | $33K | $353K | 10x | as long as short |
| SoDEX LITE-USD | +0.0075% | 1h | 949.80 | +0.053% | $23K | $9K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.46 | +0.017% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 950.27 | +0.102% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.27 | −0.003% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.32 | +0.002% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0243% | 1h | 949.76 | +0.048% | $7.7M | $6.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0743% | 4h | 951.07 | +0.187% | $64K | $472K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC