Funding you earn now, next payment 02:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.018%
Price spread now: Lighter against tradeXYZ0.000%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now 0.000%, 7d avg +0.079%
=Together, before fees+0.419%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.079% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.079%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.326%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 960.16 | 0.0178 | pay 0.0022% / 1h | 14m 34s | $7.2M | $5.2M | 10x |
| Short | Lighter LITE | 960.16 | 0.0032 | get 0.0004% / 1h | 14m 34s | $27K | $101K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- −$30.74
- Price spread: 0.000% → +0.079%
- −$7.87
- Slippage, 4 orders
- −$12.65
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$69.26
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Lighter: live order book, 35 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 tradeXYZ live order book, 4 min ago | 1.20 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 35 min ago | 1.09 bp | 2.8 bp −$3 | 5.9 bp −$59 | doesn't fit | doesn't fit |
LITE on 26 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 | −0.0232% | 1h | 965.50 | +0.556% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.19 | +0.107% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.90 | −0.027% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.75 | −0.043% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.54 | +0.040% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.79 | −0.039% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.38 | −0.081% | $892 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.00 | −0.017% | $1K | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.68 | +0.054% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.08 | −0.008% | $1.5M | $683K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 959.88 | −0.029% | $1.1M | $5.0M | 10x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 960.16 | 0.000% | $27K | $101K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.53 | −0.066% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.99 | −0.018% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.64 | −0.054% | $167K | $166K | 10x | as long as short |
| SoDEX LITE-USD | +0.0075% | 1h | 960.01 | −0.016% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.95 | −0.022% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.36 | −0.083% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.25 | +0.009% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.99 | −0.017% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0154% | 8h | 960.29 | +0.013% | $266K | $147K | — | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0167% | 1h | 960.11 | −0.005% | $19K | $37K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0178% | 1h | 960.16 | long leg | $7.2M | $5.2M | 10x | |
| Binance LITEUSDT | +0.0268% | 8h | 960.20 | +0.004% | $13.7M | $44.0M | 25x | as long as short |
| Extended LITE-USD | +0.0272% | 1h | 959.96 | −0.021% | $10K | $201K | 10x | as long as short |
| edgeX LITEUSDC | +0.0354% | 4h | 959.35 | −0.085% | $70K | $455K | 10x | as long as short |
tradeXYZ xyz:LITE
Lighter LITE
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
HTX LITE-USDT
Phemex LITEUSDT
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Variational Omni LITE
Deribit LITE_USDC-PERPETUAL
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC