Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.031%
Price spread now: OKX against Lighter−0.021%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$500.504% of the position
Funding, last 7 days−0.325%−$32 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.021%, 7d avg +0.011%
=Together, before fees−0.334%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.032% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 944.22 | 0.0032 | pay 0.0004% / 1h | 55m 12s | $25K | $104K | 10x |
| Short | OKX LITE-USDT-SWAP | 944.02 | 0 | get 0.0000% / 8h | 1h 55m | $3.6M | $18.1M | 25x |
Lighter LITE
OKX LITE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.021% → +0.011%
- −$3.2
- Slippage, 4 orders
- −$40.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.3
- Costs to cover
- 0.504%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 34 min ago; OKX: live order book, 3 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, 34 min ago | 1.38 bp | 31.5 bp −$31 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.05 bp | 9.1 bp −$9 | 17.4 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0627% | 8h | 944.26 | +0.004% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.257% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 944.70 | +0.051% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 944.00 | −0.023% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 944.35 | +0.014% | $12.1M | $49.1M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 944.31 | +0.010% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAPshort | 0.0000% | 8h | 944.02 | −0.021% | $3.6M | $18.1M | 25x | |
| Gate LITE_USDT | 0.0000% | 8h | 944.79 | +0.060% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 943.63 | −0.062% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.66 | +0.046% | $548 | $194K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
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 | 944.50 | +0.030% | $922 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 943.96 | −0.028% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.95 | +0.077% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 944.63 | +0.043% | $1.5M | $719K | 10x | as long as short |
| BloFin LITE-USDT | +0.0004% | 8h | 944.42 | +0.021% | $215K | $238K | 20x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 944.26 | +0.004% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 944.22 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.79 | −0.046% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.08 | −0.015% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.06 | −0.017% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 944.95 | +0.077% | $32K | $343K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0074% | 1h | 944.02 | −0.021% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.12 | −0.011% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.58 | +0.038% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.16 | −0.006% | $918 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 944.02 | −0.022% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0955% | 4h | 945.97 | +0.185% | $62K | $472K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
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