Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Arcus against Lighter−0.052%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 4 days (all we have)−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now −0.052%, 7d avg −0.082%
=Together, before fees−0.301%+ Points / potential airdropLighter: Season 3 · farm board−$30 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: Arcus is 0.029% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7762 | 0.0096 | pay 0.0012% / 1h | 21m 14s | $59.5M | $26.7M | 5x |
| Short | Arcus LIT-USD | 4.7737 | 0.0100 | get 0.0013% / 1h | 21m 14s | $126K | $446K | 5x |
Lighter LIT
Arcus LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $0.84
- Price spread: −0.052% → −0.082%
- $2.95
- Slippage, 4 orders
- −$18.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$19.58
- Costs to cover
- 0.234%
- Break-even
- 170.2 days
Slippage from Lighter: live order book, 13 min ago; Arcus: live order book, 17 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, 13 min ago | 0.73 bp | 4.1 bp −$4 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 17 min ago | 1.56 bp | 4.6 bp −$5 | 8.0 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LIT_USDC | −0.0382% | 4h | 4.7657 | −0.220% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0344% | 1h | 4.7780 | +0.037% | $605K | $347K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0304% | 1h | 4.7706 | −0.117% | $31K | $3K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0295% | 1h | 4.7702 | −0.125% | $42K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0218% | 1h | 4.7671 | −0.190% | $85K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0163% | 4h | 4.7717 | −0.094% | $25.7M | $59.2M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0110% | 4h | 4.7613 | −0.311% | $882K | $2.0M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0055% | 1h | 4.7740 | −0.046% | $57K | $73K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7750 | −0.024% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7748 | −0.029% | $35K | — | 150x | as long as short |
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | +0.0026% | 4h | 4.7702 | −0.126% | $41.4M | $28.1M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.582% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.7725 | −0.077% | $205K | $293K | 5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7754 | −0.016% | $795K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0093% | 8h | 4.7744 | −0.038% | $7K | $2K | 5x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7762 | long leg | $59.5M | $26.7M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7747 | −0.032% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7764 | +0.004% | $816K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7688 | −0.154% | $76.4M | $74.0M | 75x | as long as short |
| Arcus LIT-USDshort | +0.0100% | 1h | 4.7737 | −0.052% | $126K | $446K | 5x | |
| Bulk LIT-USD | +0.0100% | 1h | 4.7812 | +0.104% | $119K | $6K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7750 | −0.025% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7705 | −0.119% | $5.9M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7731 | −0.065% | $5.4M | $942K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7730 | −0.067% | $6.8M | $2.5M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7696 | −0.138% | $680K | $1.0M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7708 | −0.113% | $292K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7742 | −0.042% | $445K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7710 | −0.109% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7681 | −0.170% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7695 | −0.140% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7816 | +0.113% | $192K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7690 | −0.151% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7682 | −0.167% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7694 | −0.142% | $149K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0231% | 1h | 4.7785 | +0.048% | $215.8M | $38.7M | 5x | as long as short |
| Aster LITUSDT | +0.0236% | 4h | 4.7766 | +0.008% | $12.8M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0240% | 1h | 4.7773 | +0.023% | $3.7M | $12.8M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0331% | 1h | 4.7766 | +0.009% | $9K | $204K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7695 | −0.140% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7746 | −0.033% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7748 | −0.028% | $32K | $649K | 33x | as long as short |
Bybit LITUSDT
Injective LIT/USDC PERP
Phoenix LIT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT