Funding you earn now, next payment 02:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter against Lighter RH+0.046%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$150.155% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.046%, 7d avg −0.044%
=Together, before fees−0.210%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.090% dearer against Lighter RH than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.044%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.131% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7374 | 0.0112 | pay 0.0014% / 1h | 17m 53s | $3.7M | $13.3M | 5x |
| Short | Lighter LIT | 4.7396 | 0.0096 | get 0.0012% / 1h | 17m 53s | $59.4M | $29.6M | 5x |
Lighter RH LIT
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Lighter RH. 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
- −$3.36
- Price spread: +0.046% → −0.044%
- $9.01
- Slippage, 4 orders
- −$15.45
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.81
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Lighter: live order book, 6 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 RH live order book, 6 min ago | 1.58 bp | 5.4 bp −$5 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.74 bp | 3.3 bp −$3 | 16.3 bp −$163 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0639% | 1h | 4.7324 | −0.105% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0616% | 1h | 4.7251 | −0.260% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0461% | 4h | 4.7267 | −0.226% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0437% | 1h | 4.7330 | −0.093% | $85K | $72K | 20x | as long as short |
| Phemex LITUSDT | −0.0211% | 4h | 4.7260 | −0.241% | $1.4M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0188% | 1h | 4.7300 | −0.156% | $56K | $77K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0172% | 4h | 4.7370 | −0.008% | $900K | $1.8M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0138% | 4h | 4.7314 | −0.127% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0125% | 4h | 4.7271 | −0.217% | $25.7M | $63.5M | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7434 | +0.127% | $205K | $352K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Phemex LITUSDT
ApeX Omni LITUSDT
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Phoenix LITShow 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 | 4.7477 | +0.217% | $672K | $373K | 50x | as long as short |
| Bulk LIT-USD | −0.0039% | 1h | 4.7299 | −0.158% | $118K | $1K | 10x | as long as short |
| Gate LIT_USDT | −0.0036% | 4h | 4.7280 | −0.198% | $2.8M | $4.3M | 50x | as long as short |
| Bybit LITUSDT | −0.0015% | 4h | 4.7240 | −0.283% | $42.1M | $29.1M | 75x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7411 | +0.079% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7368 | −0.014% | $474 | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0031% | 8h | 4.7349 | −0.052% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.406% | $422 | $178K | 5.5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7333 | −0.087% | $794K | $2.0M | 5x | as long as short |
| SoDEX LIT-USD | +0.0091% | 1h | 4.7335 | −0.082% | $1K | $441K | 5x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.7396 | +0.046% | $59.4M | $29.6M | 5x | |
| MEXC LIT_USDT | +0.0096% | 4h | 4.7246 | −0.270% | $5.5M | $4.1M | 100x | as long as short |
| Binance LITUSDT | +0.0097% | 4h | 4.7228 | −0.308% | $75.3M | $80.1M | 75x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7310 | −0.135% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7323 | −0.108% | $211.7M | $42.7M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7367 | −0.015% | $588K | $1.6M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7337 | −0.078% | $117K | $448K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7290 | −0.177% | $6.7M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7318 | −0.118% | $686K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7333 | −0.087% | $288K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7312 | −0.131% | $447K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7356 | −0.037% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7394 | +0.042% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7334 | −0.084% | $189K | $352K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7227 | −0.311% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7336 | −0.080% | $148K | — | 3x | as long as short |
| Aster LITUSDT | +0.0106% | 4h | 4.7328 | −0.097% | $12.7M | $2.1M | 50x | as long as short |
| Lighter RH LITlong | +0.0112% | 1h | 4.7374 | long leg | $3.7M | $13.3M | 5x | |
| Aftermath Perps LITUSD | +0.0254% | 1h | 4.7366 | −0.017% | $10K | $210K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0406% / S −0.0199% | 1h | 4.7366 | −0.017% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7358 | −0.035% | $31K | $851K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Bulk LIT-USD
Gate LIT_USDT
Bybit LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
RISEx LIT/USDC
SoDEX LIT-USD
MEXC LIT_USDT
Binance LITUSDT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT