Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against Injective+0.015%96s7-day average +9.485% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.276%+$28 on $10k
+Price spread, last 4 days (all we have)+15.299%+$1,530 · spread now +0.015%, 7d avg +9.485%
=Together, before fees+15.575%+ Points / potential airdropLighter: Season 3 · farm board+$1,557 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 9.470% cheaper against Injective than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +9.485%). If the spread goes back, that is −$947 on $10k: about 17 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.276% in total) that is about 8 months. The two prices were read 96 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 | Injective LIT/USDC PERP | 4.8040 | 0.0033 | pay 0.0004% / 1h | 57m 35s | $422 | $178K | 5.5x |
| Short | Lighter LIT | 4.8047 | 0.0096 | get 0.0012% / 1h | 57m 35s | $59.8M | $27.1M | 5x |
Injective LIT/USDC PERP
Lighter LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: +0.015% → +9.485%
- −$946.99
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$933.85
- Costs to cover
- 0.000%
- Break-even
- 503.7 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 1.04 bp | 4.2 bp −$4 | 17.7 bp −$177 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LIT on 42 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 LIT_USDC-PERPETUAL | −0.0616% | 1h | 4.8020 | −0.042% | $42K | $40K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.8177 | +0.286% | $610K | $370K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0372% | 4h | 4.7999 | −0.085% | $33K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0288% | 1h | 4.7906 | −0.279% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0244% | 1h | 4.8032 | −0.017% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0171% | 4h | 4.7921 | −0.248% | $25.7M | $62.5M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0060% | 4h | 4.8130 | +0.187% | $892K | $1.9M | 10x | as long as short |
| Polymarket Perps LIT-USD | −0.0021% | 1h | 4.8068 | +0.058% | $451K | $84K | 10x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.8232 | +0.400% | $207K | $266K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8060 | +0.042% | $34K | — | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Phoenix LIT
dYdX LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.8076 | +0.075% | $12K | — | 150x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| KuCoin LITUSDTM | +0.0078% | 4h | 4.8086 | +0.096% | $5.4M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7998 | −0.087% | $7K | $2K | 5x | as long as short |
| Lighter LITshort | +0.0096% | 1h | 4.8047 | +0.015% | $59.8M | $27.1M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7928 | −0.232% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8032 | −0.017% | $615K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7938 | −0.212% | $76.9M | $78.0M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7932 | −0.225% | $41.5M | $28.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7974 | −0.137% | $124K | $470K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8020 | −0.042% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8022 | −0.037% | $6.0M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8010 | −0.062% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8038 | −0.004% | $677K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8093 | +0.109% | $294K | $302K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8160 | +0.250% | $57K | $75K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8058 | +0.037% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7978 | −0.129% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8011 | −0.060% | $1K | $340K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8123 | +0.173% | $200K | $343K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8030 | −0.021% | $1.4M | $2.8M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8185 | +0.303% | $120K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7946 | −0.195% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8048 | +0.017% | $150K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.8070 | +0.063% | $32K | $690K | 33x | as long as short |
| Lighter RH LIT | +0.0120% | 1h | 4.8077 | +0.077% | $3.6M | $13.0M | 5x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7966 | −0.154% | $800K | $2.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0155% | 1h | 4.8225 | +0.384% | $10K | $219K | 10x | as long as short |
| Hyperliquid LIT | +0.0225% | 1h | 4.8137 | +0.202% | $217.2M | $41.8M | 5x | as long as short |
| Aster LITUSDT | +0.0234% | 4h | 4.8044 | +0.008% | $12.9M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8040 | 0.000% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8060 | +0.041% | $64K | — | 50x | as long as short |
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Paradex LIT-USD-PERP
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Perpl LIT
Lighter RH LIT
RISEx LIT/USDC
Aftermath Perps LITUSD
Hyperliquid LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]