Funding you earn now, next payment 08:07 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.050%
Price spread now: Perpl against Lighter−0.012%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.195%−$20 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.012%, 7d avg −0.088%
=Together, before fees−0.213%+ Points / potential airdropLighter: Season 3 · Perpl: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Perpl is 0.076% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.088%. Mind the row above: over the last 7 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7769 | 0.0096 | pay 0.0012% / 1h | 29m 47s | $59.5M | $26.1M | 5x |
| Short | Perpl LIT | 4.7763 | 0.0335 | get 0.0030% / 43m | 1m 47s | $32K | $629K | 33x |
Lighter LIT
Perpl LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $50.17
- Price spread: −0.012% → −0.088%
- $7.64
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $44.01
- Costs to cover
- 0.138%
- Break-even
- 0.9 days
Slippage unknown: Lighter: live order book, 9 min ago; Perpl: 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, 9 min ago | 0.31 bp | 3.6 bp −$4 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0512% | 1h | 4.7632 | −0.287% | $31K | $3K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0426% | 4h | 4.7979 | +0.439% | $894K | $2.0M | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0397% | 4h | 4.7632 | −0.287% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7938 | +0.354% | $607K | $349K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0301% | 1h | 4.7702 | −0.141% | $42K | $39K | 10x | as long as short |
| Gate LIT_USDT | −0.0290% | 4h | 4.7780 | +0.023% | $2.8M | $4.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0232% | 1h | 4.7679 | −0.188% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0168% | 4h | 4.7760 | −0.019% | $25.8M | $58.8M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0166% | 1h | 4.7760 | −0.019% | $57K | $75K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0078% | 1h | 4.7759 | −0.021% | $681K | $985K | 5x | as long as short |
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0056% | 4h | 4.7770 | +0.002% | $41.5M | $27.1M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7622 | −0.308% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7759 | −0.022% | $35K | — | 150x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.7780 | +0.023% | $205K | $288K | 5x | as long as short |
| Nado LIT-PERP | +0.0022% | 1h | 4.7620 | −0.312% | $2.1M | $1.6M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.567% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.7694 | −0.157% | $7K | $2K | 5x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7769 | long leg | $59.5M | $26.1M | 5x | |
| Lighter RH LIT | +0.0096% | 1h | 4.7788 | +0.040% | $3.7M | $12.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7800 | +0.065% | $215.7M | $38.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7744 | −0.052% | $671K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7725 | −0.092% | $76.7M | $73.3M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7722 | −0.098% | $126K | $419K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7909 | +0.292% | $121K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7756 | −0.027% | $6.2M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7742 | −0.057% | $5.4M | $888K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7780 | +0.023% | $6.8M | $2.4M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7803 | +0.070% | $293K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7646 | −0.257% | $444K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7720 | −0.103% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7685 | −0.176% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7775 | +0.013% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7836 | +0.140% | $192K | $305K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7710 | −0.124% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7743 | −0.054% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7748 | −0.045% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.7758 | −0.023% | $796K | $2.4M | 5x | as long as short |
| Aster LITUSDT | +0.0265% | 4h | 4.7786 | +0.035% | $12.8M | $2.0M | 50x | as long as short |
| Perpl LITshort | +0.0335% | 43m | 4.7763 | −0.012% | $32K | $629K | 33x | |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7686 | −0.174% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0424% / S −0.0217% | 1h | 4.7758 | −0.022% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0474% | 1h | 4.7894 | +0.263% | $10K | $199K | 10x | as long as short |
Bybit LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Phoenix LIT
Nado LIT-PERP
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD