Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.031%
Price spread now: Gate against Lighter+0.090%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.090%, 7d avg +0.024%
=Together, before fees−0.393%+ Points / potential airdropLighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.066% dearer against Lighter than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.024%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 7 days (−0.376% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 947.80 | 0.0032 | pay 0.0004% / 1h | 59m 42s | $25K | $102K | 10x |
| Short | Gate LITE_USDT | 948.65 | 0 | get 0.0000% / 8h | 7h 59m | $8.0M | $6.2M | 50x |
Lighter LITE
Gate LITE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.090% → +0.024%
- $6.58
- Slippage, 4 orders
- −$22.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.49
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 11 min ago; Gate: live order book, 4 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, 11 min ago | 1.00 bp | 2.1 bp −$2 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.37 bp | 17.5 bp −$17 | 35.8 bp −$358 | 62.0 bp −$6,201 | 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 | −0.0120% | 1h | 946.24 | −0.165% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0100% | 8h | 947.78 | −0.002% | $2.6M | $3.1M | 20x | as long as short |
| BloFin LITE-USDT | −0.0020% | 8h | 947.55 | −0.026% | $217K | $243K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.45 | +0.174% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.43 | −0.039% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.25 | −0.058% | $12.1M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 948.45 | +0.069% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.73 | +0.098% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDTshort | 0.0000% | 8h | 948.65 | +0.090% | $8.0M | $6.2M | 50x | |
| Variational Omni LITE | 0.0000% | 8h | 947.25 | −0.058% | $260K | $140K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.77 | −0.003% | $720 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.10 | −0.074% | $850 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.13 | −0.071% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 948.16 | +0.038% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.45 | −0.037% | $1.5M | $743K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 955.37 | +0.799% | $1.1M | $3.8M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 947.80 | long leg | $25K | $102K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 946.82 | −0.103% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 947.48 | −0.034% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 946.91 | −0.094% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 946.60 | −0.127% | $32K | $353K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0092% | 1h | 946.82 | −0.103% | $7.7M | $5.7M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 946.91 | −0.094% | $519K | $60K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.16 | +0.038% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 946.88 | −0.097% | $920 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 946.72 | −0.114% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0561% | 4h | 947.85 | +0.005% | $63K | $473K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
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
edgeX LITEUSDC