Funding you earn now, next payment 02:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.033%
Price spread now: Paradex against Lighter RH−0.283%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 RH: Points live · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.283% cheaper against Lighter RH than usual: you would sell low and buy high (−$28 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 RH LIT | 4.6825 | 0.0096 | pay 0.0012% / 1h | 38m 35s | $3.7M | $13.2M | 5x |
| Short | Paradex LIT-USD-PERP | 4.6692 | 0.0033 | get 0.0033% / 8h | 6h 38m | $7K | $2K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$13.18
- Price spread: −0.283% → 0.000%
- −$28.3
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$45.48
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 5 min ago; Paradex: 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 RH live order book, 5 min ago | 2.55 bp | 8.4 bp −$8 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0624% | 1h | 4.6650 | −0.374% | $32K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0589% | 1h | 4.6811 | −0.029% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0469% | 4h | 4.6738 | −0.186% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0449% | 1h | 4.6798 | −0.057% | $84K | $73K | 20x | as long as short |
| Gate LIT_USDT | −0.0272% | 4h | 4.6770 | −0.117% | $2.8M | $4.3M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0203% | 1h | 4.6824 | −0.002% | $676K | $1.4M | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0164% | 4h | 4.6728 | −0.207% | $25.4M | $63.5M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0148% | 4h | 4.6798 | −0.058% | $5.2M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0148% | 4h | 4.6807 | −0.038% | $900K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.6873 | +0.103% | $202K | $352K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7209 | +0.820% | $668K | $387K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6843 | +0.038% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.6850 | +0.053% | $469 | — | 150x | as long as short |
| SoDEX LIT-USD | +0.0016% | 1h | 4.6810 | −0.032% | $1K | $453K | 5x | as long as short |
| Bulk LIT-USD | +0.0028% | 1h | 4.6991 | +0.355% | $117K | $1K | 10x | as long as short |
| Paradex LIT-USD-PERPshort | +0.0033% | 8h | 4.6692 | −0.283% | $7K | $2K | 5x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.595% | $422 | $178K | 5.5x | as long as short |
| ApeX Omni LITUSDT | +0.0044% | 1h | 4.6990 | +0.352% | $56K | $77K | 50x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.6750 | −0.159% | $779K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6800 | −0.053% | $58.6M | $29.3M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.6825 | long leg | $3.7M | $13.2M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.6755 | −0.149% | $2.1M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6787 | −0.081% | $209.5M | $43.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.6807 | −0.038% | $12.5M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6743 | −0.175% | $580K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6709 | −0.248% | $74.6M | $80.7M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6720 | −0.224% | $41.9M | $29.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6705 | −0.256% | $115K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6719 | −0.226% | $5.4M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6730 | −0.203% | $6.7M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6997 | +0.368% | $286K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6801 | −0.051% | $442K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6837 | +0.026% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6859 | +0.073% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6809 | −0.034% | $187K | $354K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.6770 | −0.117% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6687 | −0.295% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6788 | −0.080% | $146K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0322% | 1h | 4.6954 | +0.276% | $8K | $210K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7139 | +0.671% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0403% / S −0.0197% | 1h | 4.6839 | +0.030% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6834 | +0.020% | $31K | $860K | 33x | as long as short |
Lighter RH LIT
Paradex LIT-USD-PERP
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Gate LIT_USDT
Backpack LIT_USDC_PERP
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Phoenix LIT
Coinbase International LIT-PERP-INTX
gTrade (Gains Network) LIT/USD
SoDEX LIT-USD
Bulk LIT-USD
Injective LIT/USDC PERP
ApeX Omni LITUSDT
RISEx LIT/USDC
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]