Funding you earn now, next payment 01:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h −0.032%
Price spread now: Extended against Lighter−0.069%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.069%, 7d avg −0.030%
=Together, before fees−0.345%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.038% cheaper against Lighter than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.030%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.332%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 964.75 | 0.0032 | pay 0.0004% / 1h | 56m 40s | $27K | $101K | 10x |
| Short | Extended LITE-USD | 964.09 | 0.0424 | get 0.0053% / 1h | 56m 40s | $9K | $206K | 10x |
Lighter LITE
Extended LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $82.32
- Price spread: −0.069% → −0.030%
- −$3.85
- Slippage, 4 orders
- −$21.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $52.27
- Costs to cover
- 0.262%
- Break-even
- 2.6 days
Slippage from Lighter: live order book, 63 min ago; Extended: live order book, 15 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, 63 min ago | 0.94 bp | 2.3 bp −$2 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 1.40 bp | 11.0 bp −$11 | 90.5 bp −$905 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.412% | $111K | $224K | 10x | as long as short |
| Polymarket Perps LITE-USD | −0.0043% | 1h | 963.10 | −0.171% | $76K | $233K | 10x | as long as short |
| BloFin LITE-USDT | −0.0001% | 8h | 964.51 | −0.025% | $224K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.28 | +0.054% | $108K | $17K | 20x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.00 | −0.078% | $3.8M | $18.1M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.18 | +0.045% | $8.1M | $5.8M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.05 | −0.073% | $2.8M | $2.8M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.00 | +0.026% | $757 | $4.1M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 964.14 | −0.063% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.27 | +0.054% | $1.5M | $682K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Polymarket Perps LITE-USD
BloFin LITE-USDT
Aster LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0014% | 1h | 963.95 | −0.083% | $1.1M | $5.3M | 10x | as long as short |
| edgeX LITEUSDC | +0.0029% | 4h | 960.58 | −0.433% | $70K | $460K | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 964.75 | long leg | $27K | $101K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.07 | −0.070% | — | $3K | 10x | as long as short |
| Bybit LITEUSDT | +0.0046% | 8h | 964.62 | −0.013% | $1.9M | $1.8M | 25x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.65 | −0.425% | $175K | $160K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 963.67 | −0.112% | $519K | $39K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.27 | +0.054% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 963.62 | −0.117% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0105% | 1h | 963.70 | −0.109% | $7.2M | $5.1M | 10x | as long as short |
| Variational Omni LITE | +0.0309% | 8h | 962.19 | −0.265% | $242K | $142K | — | as long as short |
| ApeX Omni LITEUSDT | +0.0376% | 1h | 961.77 | −0.309% | $16K | $265K | 50x | as long as short |
| Extended LITE-USDshort | +0.0424% | 1h | 964.09 | −0.069% | $9K | $206K | 10x | |
| Binance LITEUSDT | +0.0425% | 8h | 964.33 | −0.044% | $13.8M | $44.9M | 25x | as long as short |
| GRVT LITE_USDT_Perp | +0.0488% | 8h | 962.40 | −0.244% | $606 | $224K | 10x | as long as short |
| SoDEX LITE-USD | +0.0786% | 1h | 963.35 | −0.145% | $23K | $10K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0954% | 1h | 964.81 | +0.006% | $19K | $37K | 10x | as long as short |
QFEX LITE-USD
edgeX LITEUSDC
Vest LITE-USD-PERP
Bybit LITEUSDT
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
Variational Omni LITE
ApeX Omni LITEUSDT
Binance LITEUSDT
GRVT LITE_USDT_Perp
SoDEX LITE-USD
Deribit LITE_USDC-PERPETUAL