Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.034%
Price spread now: Lighter against Hyperliquid−0.026%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now −0.026%, 7d avg −0.012%
=Together, before fees−0.098%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.6910 | 0.0100 | pay 0.0013% / 1h | 35m 48s | $209.5M | $41.0M | 5x |
| Short | Lighter LIT | 4.6898 | 0.0096 | get 0.0012% / 1h | 35m 48s | $58.5M | $28.6M | 5x |
Hyperliquid LIT
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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
- −$0.84
- Price spread: −0.026% → −0.012%
- −$1.4
- Slippage, 4 orders
- −$19.9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$31.14
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Lighter: live order book, 13 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 Hyperliquid live order book, 8 min ago | 1.49 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 13 min ago | 0.75 bp | 6.7 bp −$7 | 23.8 bp −$238 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0388% | 4h | 4.6815 | −0.203% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0283% | 1h | 4.6850 | −0.129% | $84K | $68K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0280% | 1h | 4.6811 | −0.211% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0142% | 1h | 4.6864 | −0.099% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0128% | 4h | 4.6900 | −0.021% | $2.7M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6842 | −0.145% | $201K | $341K | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0027% | 1h | 4.6710 | −0.426% | $56K | $76K | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6865 | −0.095% | $658K | $372K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0004% | 4h | 4.6867 | −0.092% | $25.3M | $61.6M | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6887 | −0.048% | $11K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
Bullet LIT-USD
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phoenix LIT
ApeX Omni LITUSDT
Coinbase International LIT-PERP-INTX
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | +0.0006% | 4h | 4.6851 | −0.126% | $5.2M | $1.1M | 30x | as long as short |
| dYdX LIT-USD | +0.0010% | 1h | 4.6881 | −0.062% | $34K | — | 5x | as long as short |
| Phemex LITUSDT | +0.0019% | 4h | 4.6850 | −0.128% | $1.4M | $2.8M | 20x | as long as short |
| GRVT LIT_USDT_Perp | +0.0020% | 4h | 4.6750 | −0.341% | $907K | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.409% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0069% | 8h | 4.6845 | −0.139% | $7K | $2K | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0078% | 1h | 4.6925 | +0.032% | $685K | $1.4M | 5x | as long as short |
| Bulk LIT-USD | +0.0089% | 1h | 4.6805 | −0.223% | $117K | $2K | 10x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.6898 | −0.026% | $58.5M | $28.6M | 5x | |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6879 | −0.065% | $781K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6840 | −0.149% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.6910 | long leg | $209.5M | $41.0M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.6857 | −0.113% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6836 | −0.158% | $74.5M | $78.6M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6852 | −0.124% | $41.5M | $28.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6871 | −0.083% | $117K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6857 | −0.113% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6880 | −0.064% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6742 | −0.359% | $285K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6857 | −0.113% | $443K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6892 | −0.038% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6792 | −0.252% | $5K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6875 | −0.075% | $1K | $416K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6935 | +0.053% | $194K | $379K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6867 | −0.091% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6847 | −0.133% | $146K | — | 3x | as long as short |
| Lighter RH LIT | +0.0144% | 1h | 4.6914 | +0.009% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0188% | 4h | 4.6947 | +0.078% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0249% | 1h | 4.6808 | −0.218% | $9K | $207K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6801 | −0.232% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0411% / S −0.0208% | 1h | 4.6890 | −0.043% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6882 | −0.060% | $31K | $827K | 33x | as long as short |
KuCoin LITUSDTM
dYdX LIT-USD
Phemex LITUSDT
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Backpack LIT_USDC_PERP
Bulk LIT-USD
RISEx LIT/USDC
Nado LIT-PERP
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
Lighter RH LIT
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT