Funding you earn now, next payment 01:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.015%
Price spread now: Lighter RH against Lighter−0.051%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.051%, 7d avg +0.044%
=Together, before fees+0.216%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.095% cheaper against Lighter than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.044%). If the spread goes back, that is −$9 on $10k: about 4.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7211 | 0.0096 | pay 0.0012% / 1h | 0m 38s | $59.0M | $30.1M | 5x |
| Short | Lighter RH LIT | 4.7187 | 0.0160 | get 0.0020% / 1h | 0m 38s | $3.6M | $13.8M | 5x |
Lighter LIT
Lighter RH LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $13.44
- Price spread: −0.051% → +0.044%
- −$9.47
- Slippage, 4 orders
- −$19.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$15.91
- Costs to cover
- 0.199%
- Break-even
- 15.3 days
Slippage from Lighter: live order book, 8 min ago; Lighter RH: live order book, 3 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 Lighter live order book, 8 min ago | 1.57 bp | 4.1 bp −$4 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 0.74 bp | 6.1 bp −$6 | 14.2 bp −$142 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0655% | 1h | 4.7045 | −0.351% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0484% | 4h | 4.6988 | −0.472% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0464% | 1h | 4.7040 | −0.362% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0396% | 1h | 4.7061 | −0.319% | $84K | $72K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0276% | 1h | 4.7510 | +0.633% | $57K | $77K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0188% | 4h | 4.7118 | −0.197% | $25.6M | $63.4M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0132% | 4h | 4.7085 | −0.267% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0116% | 4h | 4.7605 | +0.834% | $905K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7439 | +0.484% | $671K | $389K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7663 | +0.957% | $206K | $361K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0002% | 1h | 4.7172 | −0.084% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7089 | −0.258% | $471 | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.756% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0041% | 8h | 4.7085 | −0.266% | $7K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0047% | 1h | 4.7100 | −0.235% | $445K | $104K | 10x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7211 | long leg | $59.0M | $30.1M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7095 | −0.246% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7161 | −0.106% | $12.6M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7146 | −0.138% | $584K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7097 | −0.241% | $75.3M | $79.8M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7110 | −0.214% | $42.4M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7111 | −0.212% | $116K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7660 | +0.952% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7130 | −0.172% | $2.8M | $4.6M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7122 | −0.189% | $5.4M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7130 | −0.172% | $6.7M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7099 | −0.237% | $683K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7401 | +0.402% | $289K | $309K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7073 | −0.292% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7097 | −0.241% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7051 | −0.339% | $1K | $458K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7178 | −0.070% | $188K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7050 | −0.341% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7083 | −0.271% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7036 | −0.370% | $147K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7129 | −0.174% | $785K | $2.0M | 5x | as long as short |
| Lighter RH LITshort | +0.0160% | 1h | 4.7187 | −0.051% | $3.6M | $13.8M | 5x | |
| Hyperliquid LIT | +0.0299% | 1h | 4.7226 | +0.032% | $212.0M | $43.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7033 | −0.377% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0343% | 1h | 4.7497 | +0.605% | $9K | $206K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0399% / S −0.0191% | 1h | 4.7094 | −0.248% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7098 | −0.239% | $31K | $852K | 33x | as long as short |
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT