Funding you earn now, next payment 06:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.045%
Price spread now: Polymarket Perps against Lighter RH−0.137%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.491%−$49 on $10k
+Price spread, last 4 days (all we have)+0.806%+$81 · spread now −0.137%, 7d avg −0.121%
=Together, before fees+0.314%+ Points / potential airdropLighter RH: Points live · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.121%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7453 | 0.0112 | pay 0.0014% / 1h | 49m 27s | $3.7M | $12.9M | 5x |
| Short | Polymarket Perps LIT-USD | 4.7388 | 0.0100 | get 0.0013% / 1h | 49m 27s | $445K | $86K | 10x |
Lighter RH LIT
Polymarket Perps LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$2.52
- Price spread: −0.137% → −0.121%
- −$1.58
- Slippage, 4 orders
- −$19.74
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.84
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Polymarket Perps: live order book, 63 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, 4 min ago | 1.89 bp | 2.8 bp −$3 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 63 min ago | 5.06 bp | 9.9 bp −$10 | 24.0 bp −$240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.6877 | −1.215% | $607K | $354K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0407% | 1h | 4.7466 | +0.027% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0398% | 4h | 4.7440 | −0.027% | $1.4M | $2.8M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.7426 | −0.057% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0352% | 1h | 4.7336 | −0.247% | $31K | $5K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0190% | 4h | 4.7507 | +0.114% | $909K | $1.8M | 10x | as long as short |
| Bullet LIT-USD | −0.0186% | 1h | 4.7478 | +0.053% | $85K | $67K | 20x | as long as short |
| Bybit LITUSDT | −0.0160% | 4h | 4.7370 | −0.175% | $41.3M | $28.6M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0130% | 4h | 4.7364 | −0.188% | $25.5M | $60.6M | 50x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7656 | +0.428% | $205K | $283K | 5x | as long as short |
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Bullet LIT-USD
Bybit LITUSDT
OKX LIT-USDT-SWAP
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.0014% | 4h | 4.7453 | 0.000% | $5.3M | $1.0M | 30x | as long as short |
| RISEx LIT/USDC | −0.0012% | 1h | 4.7404 | −0.102% | $819K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7411 | −0.088% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7527 | +0.155% | $31K | $705K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7508 | +0.116% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.237% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0091% | 8h | 4.7343 | −0.232% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7431 | −0.046% | $59.1M | $27.6M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7362 | −0.193% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7446 | −0.015% | $212.0M | $40.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7395 | −0.122% | $573K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7356 | −0.204% | $76.0M | $77.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7396 | −0.120% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7722 | +0.567% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7420 | −0.070% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7358 | −0.200% | $5.8M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7390 | −0.133% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7432 | −0.044% | $664K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7544 | +0.191% | $291K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7560 | +0.225% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0100% | 1h | 4.7388 | −0.137% | $445K | $86K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7499 | +0.096% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7547 | +0.198% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7435 | −0.038% | $1K | $349K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7737 | +0.598% | $202K | $348K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7352 | −0.213% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7494 | +0.086% | $149K | — | 3x | as long as short |
| Lighter RH LITlong | +0.0112% | 1h | 4.7453 | long leg | $3.7M | $12.9M | 5x | |
| Aster LITUSDT | +0.0226% | 4h | 4.7440 | −0.028% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7634 | +0.381% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0439% / S −0.0231% | 1h | 4.7497 | +0.092% | $66K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0441% | 1h | 4.7509 | +0.119% | $8K | $204K | 10x | as long as short |
KuCoin LITUSDTM
RISEx LIT/USDC
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD