Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.011%
Price spread now: Lighter against Binance−0.061%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.265% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 4 days (all we have)−0.443%−$44 · spread now −0.061%, 7d avg −0.023%
=Together, before fees−0.145%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.023%). If the spread goes back, that is −$4 on $10k: about 4.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.298% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LITEUSDT | 947.94 | 0 | get 0.0000% / 8h | 10m 21s | $12.1M | $49.4M | 25x |
| Short | Lighter LITE | 947.36 | 0.0032 | get 0.0004% / 1h | 10m 21s | $25K | $104K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $6.72
- Price spread: −0.061% → −0.023%
- −$3.84
- Slippage, 4 orders
- −$16.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.58
- Costs to cover
- 0.265%
- Break-even
- 31.6 days
Slippage from Binance: live order book, 2 min ago; Lighter: live order book, 74 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 Binance live order book, 2 min ago | 0.79 bp | 9.4 bp −$9 | 22.6 bp −$226 | 99.9 bp −$9,987 | doesn't fit |
| Sell Lighter live order book, 74 min ago | 3.17 bp | 4.2 bp −$4 | 9.1 bp −$91 | doesn't fit | doesn't fit |
LITE on 27 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 LITE-PERP-INTX | −0.0120% | 1h | 946.24 | −0.180% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0105% | 8h | 947.92 | −0.002% | $2.6M | $3.1M | 20x | as long as short |
| BloFin LITE-USDT | −0.0012% | 8h | 947.21 | −0.077% | $216K | $243K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.46 | +0.054% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.49 | −0.048% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDTlong | 0.0000% | 8h | 947.94 | long leg | $12.1M | $49.4M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 947.84 | −0.011% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.10 | +0.017% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.57 | +0.066% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.49 | −0.048% | $260K | $140K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 948.26 | +0.034% | $1K | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.20 | −0.078% | $814 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.90 | −0.004% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.73 | −0.022% | $1.5M | $741K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 947.89 | −0.006% | $1.1M | $3.8M | 10x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 947.36 | −0.061% | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.21 | −0.077% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.18 | +0.025% | $74K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 947.39 | −0.058% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.63 | −0.033% | $32K | $353K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.23 | −0.075% | $520K | $49K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.54 | +0.063% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.52 | −0.045% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.39 | −0.059% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0228% | 1h | 948.28 | +0.036% | $7.7M | $5.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0246% | 1h | 947.79 | −0.016% | $18K | $41K | 10x | as long as short |
| edgeX LITEUSDC | +0.0592% | 4h | 947.93 | −0.001% | $63K | $474K | 10x | as long as short |
Binance LITEUSDT
Lighter LITE
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC