Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: tradeXYZ against Lighter+0.117%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.308%−$31 on $10k
+Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.117%, 7d avg −0.073%
=Together, before fees−0.545%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.190% dearer against Lighter than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.308%, 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 | 940.30 | 0.0032 | pay 0.0004% / 1h | 25m 31s | $24K | $104K | 10x |
| Short | tradeXYZ xyz:LITE | 941.40 | 0.0128 | get 0.0016% / 1h | 25m 31s | $7.5M | $5.8M | 10x |
Lighter LITE
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $20.17
- Price spread: +0.117% → −0.073%
- $19
- Slippage, 4 orders
- −$38.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$17.58
- Costs to cover
- 0.567%
- Break-even
- 13.1 days
Slippage from Lighter: live order book, 4 min ago; tradeXYZ: 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, 4 min ago | 1.38 bp | 31.5 bp −$31 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.85 bp | 11.2 bp −$11 | 17.2 bp −$172 | 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 | −0.0785% | 8h | 942.02 | +0.183% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 941.39 | +0.116% | $95K | $208K | 10x | as long as short |
| BloFin LITE-USDT | −0.0013% | 8h | 940.59 | +0.031% | $220K | $234K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 941.46 | +0.123% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 941.65 | +0.144% | $105K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 941.00 | +0.075% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 941.87 | +0.167% | $12.1M | $48.7M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 941.42 | +0.119% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 942.48 | +0.232% | $3.7M | $17.8M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 941.30 | +0.106% | $7.9M | $6.4M | 50x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 940.56 | +0.028% | $258K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 942.85 | +0.271% | $877 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 940.70 | +0.043% | $828 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 940.64 | +0.036% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 941.57 | +0.135% | $1.5M | $712K | 10x | as long as short |
| edgeX LITEUSDC | +0.0011% | 4h | 940.46 | +0.017% | $59K | $467K | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 940.30 | long leg | $24K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 940.19 | −0.012% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 941.03 | +0.078% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 940.21 | −0.010% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.23 | +0.312% | $32K | $340K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 940.59 | +0.031% | $517K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 940.00 | −0.032% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 940.65 | +0.037% | $914 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 940.46 | +0.017% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0128% | 1h | 941.40 | +0.117% | $7.5M | $5.8M | 10x | |
| Deribit LITE_USDC-PERPETUAL | +0.0197% | 1h | 940.51 | +0.022% | $18K | $40K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
edgeX LITEUSDC
Vest LITE-USD-PERP
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
Deribit LITE_USDC-PERPETUAL