Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.035%
Price spread now: Phemex against Lighter+0.050%7-day average +0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.050%, 7d avg +0.030%
=Together, before fees−0.516%+ Points / potential airdropLighter: Season 3 · farm board−$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 964.00 | 0.0032 | pay 0.0004% / 1h | 34m 10s | $27K | $101K | 10x |
| Short | Phemex LITEUSDT | 964.48 | 0 | get 0.0000% / 8h | 7h 34m | $1.5M | $682K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.050% → +0.030%
- $1.99
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$16.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 20 min ago; Phemex: live order book, 4 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 live order book, 20 min ago | 0.98 bp | 3.1 bp −$3 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.38 bp | doesn't fit | doesn't fit | 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 | −0.334% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0005% | 8h | 964.61 | +0.063% | $224K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 964.54 | +0.056% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 964.17 | +0.018% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.12 | +0.012% | $3.8M | $17.9M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 963.70 | −0.031% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.61 | +0.167% | $763 | $210K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 964.00 | 0.000% | $725 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 963.80 | −0.021% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.38 | +0.143% | $7K | $31K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDTshort | 0.0000% | 8h | 964.48 | +0.050% | $1.5M | $682K | 10x | |
| Gate LITE_USDT | +0.0003% | 8h | 964.55 | +0.057% | $8.1M | $5.9M | 50x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.20 | +0.021% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 964.00 | long leg | $27K | $101K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 963.98 | −0.002% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.12 | +0.012% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 963.49 | −0.053% | $176K | $152K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 964.12 | +0.012% | $520K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 965.49 | +0.155% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.22 | +0.023% | $937 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.07 | +0.007% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0132% | 4h | 965.29 | +0.134% | $73K | $463K | 10x | as long as short |
| SoDEX LITE-USD | +0.0237% | 1h | 964.01 | +0.001% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0306% | 8h | 964.71 | +0.073% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0344% | 1h | 964.25 | +0.026% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0400% | 1h | 963.98 | −0.002% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0402% | 8h | 964.22 | +0.023% | $13.9M | $44.3M | 25x | as long as short |
Lighter LITE
Phemex LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Gate LITE_USDT
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
edgeX LITEUSDC
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
Binance LITEUSDT