Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.009%
Price spread now: Derive against Lighter−0.010%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.6989 | 0.0096 | pay 0.0012% / 1h | 8m 59s | $58.5M | $28.9M | 5x |
| Short | Derive LIT-PERP | 4.6984 | 0.0100 | get 0.0013% / 1h | 8m 59s | $2K | — | 6.7x |
Lighter LIT
Derive LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $0.84
- Price spread: −0.010% → 0.000%
- −$1.03
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$6.19
- Costs to cover
- 0.060%
- Break-even
- 58.6 days
Slippage unknown: Lighter: live order book, 5 min ago; Derive: no order-book sample. 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, 5 min ago | 1.27 bp | 3.0 bp −$3 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0380% | 4h | 4.6886 | −0.219% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0312% | 1h | 4.6885 | −0.221% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0305% | 1h | 4.6960 | −0.062% | $41K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0258% | 1h | 4.6925 | −0.137% | $84K | $68K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0119% | 1h | 4.6960 | −0.062% | $56K | $76K | 50x | as long as short |
| Gate LIT_USDT | −0.0092% | 4h | 4.6950 | −0.083% | $2.8M | $4.3M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.7010 | +0.045% | $202K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6800 | −0.403% | $611K | $411K | 50x | as long as short |
| Phemex LITUSDT | −0.0009% | 4h | 4.6920 | −0.147% | $1.4M | $2.8M | 20x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6978 | −0.024% | $11K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
ApeX Omni LITUSDT
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0005% | 1h | 4.6918 | −0.152% | $34K | — | 5x | as long as short |
| OKX LIT-USDT-SWAP | +0.0019% | 4h | 4.6929 | −0.128% | $25.2M | $61.8M | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.237% | $422 | $178K | 5.5x | as long as short |
| KuCoin LITUSDTM | +0.0040% | 4h | 4.6989 | 0.000% | $5.2M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0074% | 8h | 4.6904 | −0.181% | $7K | $2K | 5x | as long as short |
| Bybit LITUSDT | +0.0076% | 4h | 4.6926 | −0.134% | $41.6M | $28.5M | 75x | as long as short |
| GRVT LIT_USDT_Perp | +0.0084% | 4h | 4.7000 | +0.023% | $905K | $1.8M | 10x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.6989 | long leg | $58.5M | $28.9M | 5x | |
| Lighter RH LIT | +0.0096% | 1h | 4.7015 | +0.055% | $3.6M | $13.4M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6955 | −0.071% | $783K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6915 | −0.157% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7016 | +0.057% | $210.1M | $41.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6929 | −0.128% | $579K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6933 | −0.119% | $74.8M | $79.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6935 | −0.115% | $122K | $454K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6939 | −0.106% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6970 | −0.040% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6986 | −0.006% | $666K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6928 | −0.130% | $286K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6924 | −0.138% | $438K | $110K | 10x | as long as short |
| Derive LIT-PERPshort | +0.0100% | 1h | 4.6984 | −0.010% | $2K | — | 6.7x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.6916 | −0.155% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6965 | −0.051% | $2K | $397K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7012 | +0.049% | $199K | $388K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7305 | +0.672% | $118K | $973 | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6907 | −0.174% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6937 | −0.112% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0207% | 1h | 4.7047 | +0.123% | $9K | $205K | 10x | as long as short |
| Aster LITUSDT | +0.0211% | 4h | 4.6967 | −0.046% | $12.6M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6917 | −0.153% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0416% / S −0.0214% | 1h | 4.6973 | −0.033% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6935 | −0.116% | $31K | $806K | 33x | as long as short |
dYdX LIT-USD
OKX LIT-USDT-SWAP
Injective LIT/USDC PERP
KuCoin LITUSDTM
Paradex LIT-USD-PERP
Bybit LITUSDT
GRVT LIT_USDT_Perp
Lighter RH LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT