Funding you earn now, next payment 03:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against Lighter−0.003%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.003%, 7d avg −0.079%
=Together, before fees−0.412%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.076% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 7 days funding on this pair cost −0.322%, 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 | 958.41 | 0.0032 | pay 0.0004% / 1h | 23m 06s | $27K | $99K | 10x |
| Short | tradeXYZ xyz:LITE | 958.38 | 0.0184 | get 0.0023% / 1h | 23m 06s | $7.1M | $5.4M | 10x |
Lighter LITE
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $31.93
- Price spread: −0.003% → −0.079%
- $7.56
- Slippage, 4 orders
- −$9.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $11.83
- Costs to cover
- 0.277%
- Break-even
- 4.4 days
Slippage from Lighter: live order book, 86 min ago; tradeXYZ: 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, 86 min ago | 1.09 bp | 2.1 bp −$2 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.20 bp | 12.0 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0198% | 1h | 958.35 | −0.006% | $19K | $37K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0144% | 1h | 957.73 | −0.071% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0021% | 8h | 958.30 | −0.011% | $224K | $236K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.22 | +0.085% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.28 | −0.014% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.79 | +0.040% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.80 | +0.041% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.22 | −0.020% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 958.43 | +0.002% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 957.90 | −0.053% | $601 | $3.8M | 10x | as long as short |
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 958.51 | +0.010% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 958.52 | +0.011% | $1.5M | $689K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 958.04 | −0.039% | $1.1M | $4.8M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 958.41 | long leg | $27K | $99K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.99 | −0.044% | — | $3K | 10x | as long as short |
| Variational Omni LITE | +0.0048% | 8h | 958.18 | −0.024% | $266K | $147K | — | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.38 | −0.003% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.17 | −0.025% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 957.86 | −0.057% | $71K | $268K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.59 | +0.019% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 957.75 | −0.069% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.27 | −0.015% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.06 | −0.037% | — | — | 10x | as long as short |
| Binance LITEUSDT | +0.0128% | 8h | 958.31 | −0.010% | $12.7M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0128% | 1h | 958.06 | −0.037% | $9K | $207K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0184% | 1h | 958.38 | −0.003% | $7.1M | $5.4M | 10x | |
| edgeX LITEUSDC | +0.0428% | 4h | 957.75 | −0.069% | $69K | $452K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Vest LITE-USD-PERP
Variational Omni LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC