Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.016%
Price spread now: Extended against Lighter+0.006%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.006%, 7d avg −0.025%
=Together, before fees−0.378%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.032% dearer against Lighter than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.320% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 943.45 | 0.0032 | pay 0.0004% / 1h | 41m 11s | $24K | $104K | 10x |
| Short | Extended LITE-USD | 943.51 | 0 | get 0.0000% / 1h | 41m 11s | $14K | $220K | 10x |
Lighter LITE
Extended LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.72
- Price spread: +0.006% → −0.025%
- $3.17
- Slippage, 4 orders
- −$50.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$58.74
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 48 min ago; Extended: live order book, 65 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, 48 min ago | 1.38 bp | 31.5 bp −$31 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Extended live order book, 65 min ago | 1.01 bp | 10.0 bp −$10 | 110.7 bp −$1,107 | 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 | −0.0666% | 8h | 943.44 | −0.001% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.339% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 944.00 | +0.058% | $106K | $17K | 20x | as long as short |
| Extended LITE-USDshort | 0.0000% | 1h | 943.51 | +0.006% | $14K | $220K | 10x | |
| Binance LITEUSDT | 0.0000% | 8h | 943.80 | +0.037% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 943.87 | +0.045% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 943.51 | +0.006% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 944.39 | +0.100% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.46 | −0.105% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 943.14 | −0.033% | $500 | $194K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 943.50 | +0.005% | $765 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 943.30 | −0.016% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.17 | +0.076% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.77 | +0.034% | $1.5M | $723K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 943.55 | +0.011% | $1.1M | $3.5M | 10x | as long as short |
| BloFin LITE-USDT | +0.0028% | 8h | 943.68 | +0.024% | $217K | $237K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 943.45 | long leg | $24K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.20 | −0.026% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.04 | +0.063% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 943.14 | −0.033% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.29 | −0.017% | $32K | $347K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0093% | 1h | 943.70 | +0.026% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 943.52 | +0.007% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 942.32 | −0.120% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 943.62 | +0.018% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 943.49 | +0.004% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0374% | 4h | 942.81 | −0.068% | $60K | $472K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC