Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Lighter against edgeX+0.423%79s7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as 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−$280.281% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)−0.372%−$37 · spread now +0.423%, 7d avg +0.104%
=Together, before fees−0.144%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.319% dearer against edgeX than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.104%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LITUSDC | 4.7933 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $294K | $302K | 10x |
| Short | Lighter LIT | 4.8136 | 0.0096 | get 0.0012% / 1h | 56m 05s | $60.0M | $23.1M | 5x |
edgeX LITUSDC
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$0.84
- Price spread: +0.423% → +0.104%
- $31.85
- Slippage, 4 orders
- −$19.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $2.93
- Costs to cover
- 0.281%
- Break-even
- from the start
Slippage from edgeX: live order book, 55 min ago; Lighter: live order book, 6 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 edgeX live order book, 55 min ago | 5.33 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.52 bp | 3.3 bp −$3 | 11.3 bp −$113 | doesn't fit | doesn't fit |
LIT on 41 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0364% | 4h | 4.8020 | +0.181% | $33K | $313 | 10x | as long as short |
| 01 Exchange LITUSD | −0.0344% | 1h | 4.8035 | +0.212% | $31K | $3K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0296% | 1h | 4.8127 | +0.405% | $609K | $297K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0133% | 1h | 4.8085 | +0.316% | $42K | $19K | 10x | as long as short |
| Bullet LIT-USD | −0.0095% | 1h | 4.8087 | +0.320% | $86K | $44K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0083% | 4h | 4.8050 | +0.243% | $26.1M | $54.1M | 50x | as long as short |
| Extended LIT-USD | −0.0080% | 1h | 4.8061 | +0.265% | $5.1M | $4.8M | 25x | as long as short |
| ApeX Omni LITUSDT | −0.0026% | 1h | 4.7900 | −0.070% | $58K | $78K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7978 | +0.093% | $34K | — | 5x | as long as short |
| Phoenix LIT | 0.0000% | 1h | 4.7979 | +0.095% | $206K | $266K | 5x | as long as short |
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
OKX LIT-USDT-SWAP
Extended LIT-USD
ApeX Omni LITUSDT
dYdX LIT-USD
Phoenix LITShow all 41 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | +0.0002% | 4h | 4.7911 | −0.046% | $891K | $1.9M | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7974 | +0.084% | $36K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.222% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0053% | 4h | 4.8060 | +0.264% | $41.7M | $24.8M | 75x | as long as short |
| Gate LIT_USDT | +0.0066% | 4h | 4.8090 | +0.327% | $2.8M | $3.6M | 50x | as long as short |
| Pacifica LIT | +0.0092% | 1h | 4.8102 | +0.351% | $640K | $1.5M | 10x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.8136 | +0.423% | $60.0M | $23.1M | 5x | |
| Paradex LIT-USD-PERP | +0.0098% | 8h | 4.8077 | +0.300% | $7K | $1K | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.8037 | +0.216% | $2.1M | $1.5M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8099 | +0.345% | $217.3M | $34.9M | 5x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8053 | +0.250% | $77.5M | $66.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8089 | +0.325% | $132K | $358K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8088 | +0.323% | $157K | $37K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8076 | +0.297% | $6.3M | $3.5M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8088 | +0.323% | $5.5M | $678K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8070 | +0.285% | $6.9M | $2.2M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8060 | +0.264% | $685K | $869K | 5x | as long as short |
| edgeX LITUSDClong | +0.0100% | 4h | 4.7933 | long leg | $294K | $302K | 10x | |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8069 | +0.283% | $448K | $80K | 10x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8034 | +0.210% | $4K | $1.0M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8027 | +0.195% | $4K | $297K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8018 | +0.176% | $193K | $269K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8090 | +0.327% | $1.4M | $2.7M | 20x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8071 | +0.286% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0176% | 1h | 4.8073 | +0.291% | $808K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0285% | 4h | 4.8144 | +0.439% | $12.9M | $1.8M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8053 | +0.250% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0424% | 1h | 4.8152 | +0.456% | $3.8M | $11.2M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0424% / S −0.0217% | 1h | 4.8070 | +0.285% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7968 | +0.071% | $28K | $560K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0480% | 1h | 4.8033 | +0.207% | $9K | $184K | 10x | as long as short |
GRVT LIT_USDT_Perp
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Bybit LITUSDT
Gate LIT_USDT
Pacifica LIT
Paradex LIT-USD-PERP
Nado LIT-PERP
Hyperliquid LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]
Perpl LIT
Aftermath Perps LITUSD