Funding you earn now, next payment 23:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h +0.026%
Price spread now: Lighter against QFEX+0.005%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1011.005% of the position
Funding, last 3 days (all we have)+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.005%, 7d avg +0.011%
=Together, before fees−0.013%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 960.33 | 0.0047 | pay 0.0006% / 1h | 20m 41s | $1.1M | $5.2M | 10x |
| Short | Lighter LITE | 960.38 | 0.0032 | get 0.0004% / 1h | 20m 41s | $27K | $102K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- −$3.07
- Price spread: +0.005% → +0.011%
- −$0.53
- Slippage, 4 orders
- −$90.55
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$104.15
- Costs to cover
- 1.005%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Lighter: live order book, 52 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 QFEX live order book, 3 min ago | 0.73 bp | 5.7 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 52 min ago | 43.44 bp | 43.4 bp −$43 | 58.0 bp −$580 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LITE-USDT | −0.0022% | 8h | 960.20 | −0.014% | $224K | $236K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.36 | −0.101% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 960.41 | +0.008% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 960.66 | +0.034% | $13.8M | $45.3M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.24 | −0.009% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.55 | +0.023% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.94 | +0.064% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.19 | −0.015% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 959.86 | −0.049% | $241K | $142K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.40 | +0.007% | $605 | $4.2M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 960.85 | +0.054% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.74 | +0.043% | $1.5M | $686K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.0008% | 1h | 958.20 | −0.222% | $115K | $281K | 10x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 960.38 | +0.005% | $27K | $102K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.39 | −0.098% | — | $3K | 10x | as long as short |
| QFEX LITE-USDlong | +0.0047% | 1h | 960.33 | long leg | $1.1M | $5.2M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.09 | −0.025% | $30K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.17 | −0.121% | $176K | $159K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0097% | 8h | 960.27 | −0.007% | $432 | $248K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.32 | −0.105% | $517K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.43 | +0.010% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.35 | +0.002% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.28 | −0.006% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0117% | 1h | 960.33 | 0.000% | $23K | $10K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0230% | 1h | 960.72 | +0.041% | $7.2M | $5.1M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0406% | 1h | 960.56 | +0.024% | $19K | $36K | 10x | as long as short |
| edgeX LITEUSDC | +0.0553% | 4h | 960.18 | −0.015% | $70K | $460K | 10x | as long as short |
Lighter LITE
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Coinbase International LITE-PERP-INTX
Polymarket Perps LITE-USD
GRVT LITE_USDT_Perp
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
SoDEX LITE-USD
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC