Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Lighter against Nado+0.147%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$410.408% of the position
Funding, last 3 days (all we have)+0.142%+$14 on $10k
+Price spread, last 7 days−0.192%−$19 · spread now +0.147%, 7d avg +0.082%
=Together, before fees−0.050%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.065% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado LIT-PERP | 4.7362 | 0.0100 | pay 0.0012% / 1h | 49m 31s | $2.2M | $1.6M | 10x |
| Short | Lighter LIT | 4.7431 | 0.0096 | get 0.0012% / 1h | 49m 31s | $59.1M | $27.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- −$0.84
- Price spread: +0.147% → +0.082%
- $6.46
- Slippage, 4 orders
- −$33.77
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$35.15
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Lighter: 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 Nado live order book, 4 min ago | 0.10 bp | 13.1 bp −$13 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.10 bp | 0.4 bp $0 | 9.5 bp −$95 | 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 | −1.024% | $607K | $354K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0407% | 1h | 4.7466 | +0.220% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0398% | 4h | 4.7440 | +0.166% | $1.4M | $2.8M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.0392% | 4h | 4.7426 | +0.136% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0352% | 1h | 4.7336 | −0.054% | $31K | $5K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0190% | 4h | 4.7507 | +0.307% | $909K | $1.8M | 10x | as long as short |
| Bullet LIT-USD | −0.0186% | 1h | 4.7478 | +0.246% | $85K | $67K | 20x | as long as short |
| Bybit LITUSDT | −0.0160% | 4h | 4.7370 | +0.018% | $41.3M | $28.6M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0130% | 4h | 4.7364 | +0.005% | $25.5M | $60.6M | 50x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7656 | +0.622% | $205K | $283K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LITUSDTM | −0.0014% | 4h | 4.7453 | +0.193% | $5.3M | $1.0M | 30x | as long as short |
| RISEx LIT/USDC | −0.0012% | 1h | 4.7404 | +0.091% | $819K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7411 | +0.105% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7527 | +0.349% | $31K | $705K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7508 | +0.310% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.433% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0091% | 8h | 4.7343 | −0.039% | $7K | $2K | 5x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.7431 | +0.147% | $59.1M | $27.6M | 5x | |
| Nado LIT-PERPlong | +0.0100% | 1h | 4.7362 | long leg | $2.2M | $1.6M | 10x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7446 | +0.178% | $212.0M | $40.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7395 | +0.071% | $573K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7356 | −0.012% | $76.0M | $77.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7396 | +0.073% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7722 | +0.761% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7420 | +0.124% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7358 | −0.007% | $5.8M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7390 | +0.060% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7432 | +0.149% | $664K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7544 | +0.385% | $291K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7560 | +0.419% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7388 | +0.056% | $445K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7499 | +0.290% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7547 | +0.392% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7435 | +0.155% | $1K | $349K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7737 | +0.793% | $202K | $348K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7352 | −0.020% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7494 | +0.280% | $149K | — | 3x | as long as short |
| Lighter RH LIT | +0.0112% | 1h | 4.7453 | +0.193% | $3.7M | $12.9M | 5x | as long as short |
| Aster LITUSDT | +0.0226% | 4h | 4.7440 | +0.165% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7634 | +0.575% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0439% / S −0.0231% | 1h | 4.7497 | +0.285% | $66K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0441% | 1h | 4.7509 | +0.312% | $8K | $204K | 10x | as long as short |
Lighter LIT
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Bullet LIT-USD
Bybit LITUSDT
OKX LIT-USDT-SWAP
Phoenix LIT
KuCoin LITUSDTM
RISEx LIT/USDC
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD