Funding you earn now, next payment 11:00 UTC−0.0178%/8h= −19.4% APRpaid last 24h −0.097%
Price spread now: OKX against Lighter−0.106%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now −0.106%, 7d avg −0.096%
=Together, before fees−0.314%+ Points / potential airdropLighter: Season 3 · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.8015 | 0.0096 | pay 0.0012% / 1h | 47m 51s | $59.9M | $23.2M | 5x |
| Short | OKX LIT-USDT-SWAP | 4.7964 | −0.0082 | pay 0.0041% / 4h | 1h 47m | $26.1M | $53.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$37.3
- Price spread: −0.106% → −0.096%
- −$1.01
- Slippage, 4 orders
- −$25.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 0.83 bp | 6.4 bp −$6 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.10 bp | 11.2 bp −$11 | 25.8 bp −$258 | doesn't fit | doesn't fit |
LIT on 41 exchanges
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 | −0.0357% | 4h | 4.7885 | −0.271% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0296% | 1h | 4.8127 | +0.234% | $609K | $297K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0240% | 1h | 4.7933 | −0.171% | $31K | $3K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0092% | 1h | 4.7953 | −0.130% | $42K | $19K | 10x | as long as short |
| OKX LIT-USDT-SWAPshort | −0.0082% | 4h | 4.7964 | −0.106% | $26.1M | $53.9M | 50x | |
| Bullet LIT-USD | −0.0067% | 1h | 4.7943 | −0.151% | $86K | $44K | 20x | as long as short |
| Extended LIT-USD | −0.0008% | 1h | 4.7954 | −0.128% | $5.2M | $5.0M | 25x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8018 | +0.006% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7970 | −0.095% | $36K | — | 150x | as long as short |
| GRVT LIT_USDT_Perp | +0.0004% | 4h | 4.8030 | +0.031% | $893K | $1.9M | 10x | as long as short |
Show all 41 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.052% | $422 | $178K | 5.5x | as long as short |
| Gate LIT_USDT | +0.0050% | 4h | 4.7990 | −0.052% | $2.8M | $3.6M | 50x | as long as short |
| Bybit LITUSDT | +0.0067% | 4h | 4.7980 | −0.073% | $41.7M | $24.8M | 75x | as long as short |
| Phoenix LIT | +0.0083% | 1h | 4.8035 | +0.042% | $206K | $268K | 5x | as long as short |
| Pacifica LIT | +0.0092% | 1h | 4.7969 | −0.096% | $638K | $1.5M | 10x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.8015 | long leg | $59.9M | $23.2M | 5x | |
| Paradex LIT-USD-PERP | +0.0098% | 8h | 4.7954 | −0.128% | $7K | $1K | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7942 | −0.152% | $2.1M | $1.5M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8026 | +0.023% | $216.9M | $34.7M | 5x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7956 | −0.123% | $77.4M | $65.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7955 | −0.125% | $131K | $356K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8088 | +0.152% | $157K | $37K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7958 | −0.119% | $6.3M | $3.5M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7998 | −0.035% | $5.5M | $660K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7980 | −0.073% | $6.9M | $2.2M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7967 | −0.100% | $684K | $870K | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7961 | −0.113% | $294K | $301K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8000 | −0.031% | $58K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7948 | −0.140% | $447K | $80K | 10x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7900 | −0.240% | $4K | $1.0M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7955 | −0.125% | $4K | $298K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8010 | −0.010% | $193K | $268K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7930 | −0.177% | $1.4M | $2.7M | 20x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7934 | −0.169% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0176% | 1h | 4.7978 | −0.077% | $818K | $2.3M | 5x | as long as short |
| Lighter RH LIT | +0.0272% | 1h | 4.8022 | +0.015% | $3.7M | $11.4M | 5x | as long as short |
| Aster LITUSDT | +0.0273% | 4h | 4.8024 | +0.019% | $12.8M | $1.7M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7982 | −0.069% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0424% / S −0.0217% | 1h | 4.7971 | −0.092% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7983 | −0.067% | $28K | $559K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0506% | 1h | 4.8007 | −0.017% | $9K | $182K | 10x | as long as short |
Lighter LIT
OKX LIT-USDT-SWAP
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Extended LIT-USD
gTrade (Gains Network) LIT/USD
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Gate LIT_USDT
Bybit LITUSDT
Phoenix LIT
Pacifica LIT
Paradex LIT-USD-PERP
Hyperliquid LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
RISEx LIT/USDC
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD