Funding you earn now, next payment 03:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.008%
Price spread now: Binance against Lighter−0.016%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 2 days (all we have)+0.026%+$3 · spread now −0.016%, 7d avg +0.009%
=Together, before fees−0.290%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.025% cheaper against Lighter than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.009%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.316%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 958.50 | 0.0032 | pay 0.0004% / 1h | 27m 59s | $27K | $99K | 10x |
| Short | Binance LITEUSDT | 958.34 | 0.0144 | get 0.0144% / 8h | 5h 27m | $12.7M | $46.6M | 25x |
Lighter LITE
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $23.58
- Price spread: −0.016% → +0.009%
- −$2.51
- Slippage, 4 orders
- −$16.28
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5.21
- Costs to cover
- 0.263%
- Break-even
- 8.5 days
Slippage from Lighter: live order book, 81 min ago; Binance: live order book, 14 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 live order book, 81 min ago | 1.09 bp | 2.1 bp −$2 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.83 bp | 12.0 bp −$12 | 26.1 bp −$261 | 85.1 bp −$8,510 | 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 | −0.0144% | 1h | 957.56 | −0.098% | $106K | $198K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.74 | +0.129% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.54 | +0.004% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.75 | +0.026% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.95 | +0.047% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.33 | −0.018% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.10 | +0.063% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.40 | −0.010% | $745 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.22 | −0.029% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.76 | +0.027% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 958.78 | +0.029% | $1.5M | $689K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 958.53 | +0.003% | $1.1M | $4.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0020% | 8h | 959.11 | +0.064% | $224K | $236K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 958.50 | long leg | $27K | $99K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.47 | −0.003% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.64 | +0.015% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.52 | +0.002% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.29 | +0.082% | $71K | $268K | 10x | as long as short |
| Variational Omni LITE | +0.0059% | 8h | 958.77 | +0.028% | $266K | $147K | — | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.78 | +0.029% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.22 | +0.075% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.53 | +0.003% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.26 | −0.025% | — | — | 10x | as long as short |
| Extended LITE-USD | +0.0144% | 1h | 958.08 | −0.044% | $13K | $202K | 10x | as long as short |
| Binance LITEUSDTshort | +0.0144% | 8h | 958.34 | −0.016% | $12.7M | $46.6M | 25x | |
| tradeXYZ xyz:LITE | +0.0197% | 1h | 958.77 | +0.028% | $7.1M | $5.4M | 10x | as long as short |
| edgeX LITEUSDC | +0.0982% | 4h | 958.56 | +0.007% | $69K | $455K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Variational Omni LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Extended LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC