Funding you earn now, next payment 06:00 UTC+0.0782%/8h= +85.6% APRpaid last 24h +0.078%
Price spread now: edgeX against Lighter+0.078%49s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.078%, 7d avg −0.001%
=Together, before fees−0.108%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.079% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.154%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 945.03 | 0.0032 | pay 0.0004% / 1h | 44m 32s | $25K | $104K | 10x |
| Short | edgeX LITEUSDC | 945.76 | 0.0814 | get 0.0407% / 4h | 2h 44m | $62K | $462K | 10x |
Lighter LITE
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $164.17
- Price spread: +0.078% → −0.001%
- $7.86
- Slippage, 4 orders
- −$25.1
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $137.93
- Costs to cover
- 0.341%
- Break-even
- 1.1 days
Slippage from Lighter: live order book, 50 min ago; edgeX: 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 Lighter live order book, 50 min ago | 0.84 bp | 2.7 bp −$3 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 5.01 bp | 16.8 bp −$17 | 19.7 bp −$197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0581% | 8h | 944.49 | −0.057% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.46 | +0.151% | $99K | $202K | 10x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 944.42 | −0.065% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 945.49 | +0.049% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 944.71 | −0.034% | $14K | $215K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 944.68 | −0.037% | $12.2M | $47.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 945.00 | −0.003% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 944.51 | −0.055% | $3.7M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 945.41 | +0.040% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 945.37 | +0.036% | $260K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 945.69 | +0.070% | $804 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 945.20 | +0.018% | $678 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 945.25 | +0.023% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 945.73 | +0.074% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 945.44 | +0.043% | $1.5M | $708K | 10x | as long as short |
| BloFin LITE-USDT | +0.0015% | 8h | 945.76 | +0.077% | $220K | $235K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 945.03 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 944.43 | −0.063% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.64 | −0.041% | $73K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.05 | +0.214% | $32K | $327K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 945.19 | +0.017% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 945.60 | +0.060% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 945.43 | +0.042% | $919 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 945.19 | +0.017% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0106% | 1h | 945.10 | +0.007% | $7.2M | $5.6M | 10x | as long as short |
| SoDEX LITE-USD | +0.0167% | 1h | 944.89 | −0.015% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDCshort | +0.0814% | 4h | 945.76 | +0.078% | $62K | $462K | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD