Funding you earn now, next payment 02:00 UTC+0.0931%/8h= +102.0% APRpaid last 24h +0.132%
Price spread now: edgeX against Lighter−0.042%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.577%+$58 · spread now −0.042%, 7d avg −0.003%
=Together, before fees+0.471%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.039% cheaper against Lighter than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of −0.003%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 960.51 | 0.0032 | pay 0.0004% / 1h | 21m 25s | $27K | $101K | 10x |
| Short | edgeX LITEUSDC | 960.11 | 0.0963 | get 0.0482% / 4h | 2h 21m | $70K | $454K | 10x |
Lighter LITE
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $195.54
- Price spread: −0.042% → −0.003%
- −$3.89
- Slippage, 4 orders
- −$27.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $155.46
- Costs to cover
- 0.362%
- Break-even
- 1.4 days
Slippage from Lighter: live order book, 28 min ago; edgeX: live order book, 47 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 Lighter live order book, 28 min ago | 1.09 bp | 2.1 bp −$2 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 47 min ago | 5.07 bp | 16.2 bp −$16 | 19.0 bp −$190 | doesn't fit | doesn't fit |
LITE on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0232% | 1h | 965.50 | +0.520% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.26 | +0.078% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.54 | +0.003% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.65 | +0.015% | $3.8M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.85 | +0.035% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.23 | −0.029% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.28 | −0.024% | $893 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.60 | +0.009% | $728 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.37 | −0.015% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.94 | +0.045% | $1.5M | $682K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 960.50 | −0.001% | $1.1M | $5.0M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 960.51 | long leg | $27K | $101K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.85 | −0.069% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.51 | 0.000% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.35 | −0.121% | $168K | $163K | 10x | as long as short |
| SoDEX LITE-USD | +0.0084% | 1h | 960.45 | −0.006% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.27 | −0.025% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.11 | −0.042% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.51 | 0.000% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.55 | +0.004% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0156% | 1h | 960.48 | −0.003% | $19K | $37K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0174% | 1h | 960.59 | +0.008% | $7.2M | $5.2M | 10x | as long as short |
| Variational Omni LITE | +0.0175% | 8h | 961.32 | +0.084% | $266K | $147K | — | as long as short |
| Binance LITEUSDT | +0.0284% | 8h | 960.48 | −0.003% | $13.7M | $44.0M | 25x | as long as short |
| Extended LITE-USD | +0.0288% | 1h | 960.32 | −0.020% | $10K | $201K | 10x | as long as short |
| edgeX LITEUSDCshort | +0.0963% | 4h | 960.11 | −0.042% | $70K | $454K | 10x |
QFEX LITE-USD
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
Deribit LITE_USDC-PERPETUAL
tradeXYZ xyz:LITE
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD