Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.015%
Price spread now: GRVT against Lighter+0.110%78s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropLighter: Season 3 · GRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.110% dearer against Lighter than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.279% in total) that is about 2.8 days. The two prices were read 78 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 | Lighter LITE | 956.44 | 0.0032 | pay 0.0004% / 1h | 51m 51s | $27K | $99K | 10x |
| Short | GRVT LITE_USDT_Perp | 957.49 | 0 | get 0.0000% / 8h | 3h 51m | $297 | $184K | 10x |
Lighter LITE
GRVT LITE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.110% → 0.000%
- $10.97
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$4.75
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; GRVT: live order book, 65 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 65 min ago | 1.46 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Lighter: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0304% | 1h | 956.01 | −0.045% | $18K | $39K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 957.73 | +0.135% | $101K | $203K | 10x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 956.12 | −0.033% | $1.1M | $3.8M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 957.51 | +0.112% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 955.29 | −0.120% | $17K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 955.65 | −0.083% | $12.5M | $46.7M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 955.58 | −0.090% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 955.23 | −0.127% | $3.7M | $17.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 955.88 | −0.059% | $8.0M | $6.1M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 955.18 | −0.132% | $2.6M | $2.9M | 20x | as long as short |
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 956.42 | −0.002% | $262K | $153K | — | as long as short |
| GRVT LITE_USDT_Perpshort | 0.0000% | 8h | 957.49 | +0.110% | $297 | $184K | 10x | |
| SunX LITE-USDT | 0.0000% | 8h | 955.60 | −0.088% | $739 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 956.07 | −0.039% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 955.52 | −0.096% | $1.5M | $690K | 10x | as long as short |
| BloFin LITE-USDT | +0.0025% | 8h | 956.03 | −0.043% | $223K | $235K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 956.44 | long leg | $27K | $99K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 955.74 | −0.073% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 955.58 | −0.090% | $7.2M | $5.4M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 955.92 | −0.054% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 955.39 | −0.110% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 954.66 | −0.186% | $48K | $291K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 956.24 | −0.021% | $524K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 955.86 | −0.061% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 955.55 | −0.093% | $929 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 955.36 | −0.113% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0286% | 4h | 955.86 | −0.060% | $68K | $451K | 10x | as long as short |
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC