LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.033%

Price spread now: gTrade (Gains Network) against Lighter−0.143%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.143% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LIT	4.7377	0.0096	pay 0.0012% / 1h	15m 25s	$59.3M	$29.6M	5x
Short	gTrade (Gains Network) LIT/USD	4.7309	L +0.0003% / S 0.0000%	pay 0.0000% / 1h	15m 25s	$473	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.143%Rate

Funding earned: −$20.26
Price spread: −0.143% → 0.000%: −$14.33
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$44.59
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 4 min ago; gTrade (Gains Network): 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, 4 min ago	0.10 bp	5.8 bp −$6	13.1 bp −$131	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 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
01 Exchange LITUSD	−0.0608%	1h	4.7241	−0.287%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0481%	1h	4.7300	−0.163%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0458%	4h	4.7229	−0.312%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0415%	1h	4.7283	−0.199%	$85K	$72K	20x	as long as short
Phemex LITUSDT	−0.0208%	4h	4.7230	−0.310%	$1.4M	$2.7M	20x	as long as short
GRVT LIT_USDT_Perp	−0.0180%	4h	4.7340	−0.078%	$900K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	−0.0173%	1h	4.7310	−0.141%	$56K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0130%	4h	4.7257	−0.253%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0119%	4h	4.7294	−0.175%	$25.7M	$63.3M	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.7315	−0.131%	$204K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7385	+0.016%	$670K	$373K	50x	as long as short
Bulk LIT-USD	−0.0020%	1h	4.7177	−0.422%	$118K	$1K	10x	as long as short
Bybit LITUSDT	−0.0020%	4h	4.7270	−0.226%	$42.1M	$29.1M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7341	−0.076%	$34K	—	5x	as long as short
Gate LIT_USDT	+0.0002%	4h	4.7290	−0.184%	$2.8M	$4.3M	50x	as long as short
gTrade (Gains Network) LIT/USDshort	L +0.0003% / S 0.0000%	1h	4.7309	−0.143%	$473	—	150x
Paradex LIT-USD-PERP	+0.0033%	8h	4.7283	−0.198%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.399%	$422	$178K	5.5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7305	−0.152%	$806K	$2.0M	5x	as long as short
MEXC LIT_USDT	+0.0094%	4h	4.7260	−0.247%	$5.5M	$4.1M	100x	as long as short
Lighter LITlong	+0.0096%	1h	4.7377	long leg	$59.3M	$29.6M	5x
Binance LITUSDT	+0.0097%	4h	4.7264	−0.239%	$75.3M	$79.7M	75x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7295	−0.173%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7326	−0.108%	$211.7M	$42.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7324	−0.112%	$587K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7302	−0.158%	$117K	$447K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7330	−0.099%	$6.7M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7342	−0.074%	$686K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7300	−0.162%	$288K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7287	−0.190%	$447K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7318	−0.125%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7315	−0.131%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7312	−0.137%	$1K	$439K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7400	+0.049%	$191K	$360K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7278	−0.208%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7298	−0.167%	$148K	—	3x	as long as short
Aster LITUSDT	+0.0110%	4h	4.7356	−0.045%	$12.7M	$2.1M	50x	as long as short
Lighter RH LIT	+0.0136%	1h	4.7403	+0.055%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0257%	1h	4.7323	−0.115%	$10K	$209K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0406% / S −0.0199%	1h	4.7307	−0.148%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7329	−0.102%	$31K	$852K	33x	as long as short