Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Aevo against Lighter−0.162%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 3 days (all we have)−0.180%−$18 · spread now −0.162%, 7d avg −0.154%
=Together, before fees−0.373%+ Points / potential airdropLighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.154%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7225 | 0.0096 | pay 0.0012% / 1h | 7m 54s | $59.2M | $30.3M | 5x |
| Short | Aevo LIT-PERP | 4.7149 | 0.0048 | get 0.0006% / 1h | 7m 54s | $147K | $44K | 3x |
Lighter LIT
Aevo LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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
- −$10.08
- Price spread: −0.162% → −0.154%
- −$0.81
- Slippage, 4 orders
- −$177.06
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$203.94
- Costs to cover
- 1.931%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 11 min ago; Aevo: live order book, 16 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, 11 min ago | 1.47 bp | 7.7 bp −$8 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 16 min ago | 83.17 bp | 91.2 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.1217% | 1h | 4.7163 | −0.131% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0636% | 4h | 4.7180 | −0.095% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0617% | 4h | 4.7114 | −0.235% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0603% | 4h | 4.7140 | −0.180% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7162 | −0.133% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0360% | 4h | 4.7136 | −0.188% | $25.0M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0354% | 1h | 4.7180 | −0.095% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0298% | 4h | 4.7220 | −0.011% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0287% | 4h | 4.7163 | −0.131% | $42.6M | $30.7M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0266% | 4h | 4.7310 | +0.180% | $898K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Bybit LITUSDT
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0256% | 1h | 4.7197 | −0.059% | $663K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.051% | $660K | $404K | 50x | as long as short |
| Aftermath Perps LITUSD | −0.0134% | 1h | 4.7393 | +0.355% | $10K | $202K | 10x | as long as short |
| SoDEX LIT-USD | −0.0061% | 1h | 4.7160 | −0.138% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7251 | +0.055% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0020% | 8h | 4.7201 | −0.051% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7258 | +0.070% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7225 | 0.000% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7266 | +0.086% | $813K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0016% | 1h | 4.7219 | −0.012% | $2.1M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0022% | 1h | 4.7230 | +0.011% | $446K | $105K | 10x | as long as short |
| Binance LITUSDT | +0.0032% | 4h | 4.7112 | −0.239% | $74.7M | $81.6M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.726% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0036% | 4h | 4.7126 | −0.210% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0044% | 4h | 4.7395 | +0.361% | $288K | $310K | 10x | as long as short |
| Aevo LIT-PERPshort | +0.0048% | 1h | 4.7149 | −0.162% | $147K | $44K | 3x | |
| Lighter LITlong | +0.0096% | 1h | 4.7225 | long leg | $59.2M | $30.3M | 5x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.7236 | +0.023% | $210.5M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7202 | −0.048% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7277 | +0.110% | $583K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7227 | +0.004% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | +0.315% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7160 | −0.138% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7360 | +0.286% | $56K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7206 | −0.039% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7258 | +0.070% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7306 | +0.172% | $189K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7137 | −0.186% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7289 | +0.134% | $31K | $843K | 33x | as long as short |
| BloFin LIT-USDT | +0.0148% | 4h | 4.7183 | −0.089% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7209 | −0.034% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7256 | +0.066% | $3.7M | $14.3M | 5x | as long as short |
Backpack LIT_USDC_PERP
Coinbase International LIT-PERP-INTX
Aftermath Perps LITUSD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Nado LIT-PERP
Polymarket Perps LIT-USD
Binance LITUSDT
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT