Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter RH against Bulk+0.238%7-day average +0.113% · 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−$9as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 4 days (all we have)+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.238%, 7d avg +0.113%
=Together, before fees+0.290%+ Points / potential airdropLighter RH: Points live · farm board+$29 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 Lighter RH is 0.125% dearer against Bulk than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk LIT-USD | 4.6847 | 0.0076 | pay 0.0010% / 1h | 53m 24s | $117K | $1K | 10x |
| Short | Lighter RH LIT | 4.6958 | 0.0176 | get 0.0022% / 1h | 53m 24s | $3.7M | $13.0M | 5x |
Bulk LIT-USD
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bulk. 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
- $20.98
- Price spread: +0.238% → +0.113%
- $12.47
- Slippage, 4 orders
- −$14.61
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $11.84
- Costs to cover
- 0.216%
- Break-even
- 3.0 days
Slippage from Bulk: live order book, 10 min ago; Lighter RH: live order book, 5 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 Bulk live order book, 10 min ago | 0.11 bp | 7.2 bp −$7 | 14.4 bp −$144 | 40.1 bp −$4,009 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.43 bp | 4.5 bp −$5 | 13.8 bp −$138 | doesn't fit | doesn't fit |
LIT on 41 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LITUSDT | −0.1086% | 1h | 4.6680 | −0.356% | $56K | $77K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0409% | 4h | 4.6751 | −0.204% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0264% | 1h | 4.6897 | +0.108% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0232% | 1h | 4.6908 | +0.130% | $84K | $67K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0210% | 1h | 4.6919 | +0.154% | $41K | $40K | 10x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6902 | +0.118% | $202K | $341K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0076% | 4h | 4.6750 | −0.206% | $890K | $1.7M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0042% | 4h | 4.6883 | +0.078% | $5.2M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0041% | 4h | 4.6790 | −0.121% | $25.4M | $61.3M | 50x | as long as short |
| Phemex LITUSDT | −0.0027% | 4h | 4.6870 | +0.050% | $1.4M | $2.8M | 20x | as long as short |
ApeX Omni LITUSDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
Phoenix LIT
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Phemex LITUSDTShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6867 | +0.044% | $663K | $366K | 50x | as long as short |
| Gate LIT_USDT | −0.0018% | 4h | 4.6900 | +0.114% | $2.7M | $4.2M | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6848 | +0.002% | $11K | — | 150x | as long as short |
| Backpack LIT_USDC_PERP | +0.0033% | 1h | 4.6916 | +0.148% | $682K | $1.3M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.547% | $422 | $178K | 5.5x | as long as short |
| dYdX LIT-USD | +0.0041% | 1h | 4.6881 | +0.073% | $34K | — | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0059% | 8h | 4.6876 | +0.062% | $7K | $2K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0076% | 1h | 4.6847 | long leg | $117K | $1K | 10x | |
| Lighter LIT | +0.0096% | 1h | 4.6933 | +0.184% | $58.6M | $28.4M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6929 | +0.175% | $782K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6879 | +0.068% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6984 | +0.293% | $210.1M | $40.9M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6918 | +0.153% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6787 | −0.127% | $74.4M | $78.1M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6768 | −0.168% | $41.5M | $28.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6906 | +0.127% | $117K | $446K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6885 | +0.082% | $5.4M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6830 | −0.036% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6800 | −0.100% | $285K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6914 | +0.144% | $443K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6805 | −0.089% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6828 | −0.040% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6759 | −0.187% | $1K | $417K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6959 | +0.240% | $191K | $359K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6874 | +0.058% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6787 | −0.128% | $146K | — | 3x | as long as short |
| Aster LITUSDT | +0.0153% | 4h | 4.6914 | +0.143% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LITshort | +0.0176% | 1h | 4.6958 | +0.238% | $3.7M | $13.0M | 5x | |
| Aftermath Perps LITUSD | +0.0283% | 1h | 4.6929 | +0.176% | $10K | $210K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0408% / S −0.0204% | 1h | 4.6933 | +0.184% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6917 | +0.151% | $31K | $832K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
gTrade (Gains Network) LIT/USD
Backpack LIT_USDC_PERP
Injective LIT/USDC PERP
dYdX LIT-USD
Paradex LIT-USD-PERP
Lighter LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT