Funding you earn now, next payment 01:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Lighter−0.179%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.132%+$13 · spread now −0.179%, 7d avg −0.135%
=Together, before fees+0.045%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$4 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: Extended is 0.044% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7211 | 0.0096 | pay 0.0012% / 1h | 55m 27s | $59.0M | $29.4M | 5x |
| Short | Extended LIT-USD | 4.7126 | 0.0104 | get 0.0013% / 1h | 55m 27s | $5.2M | $5.2M | 25x |
Lighter LIT
Extended LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.179% → −0.135%
- −$4.44
- Slippage, 4 orders
- −$14.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.67
- Costs to cover
- 0.199%
- Break-even
- 101.5 days
Slippage from Lighter: live order book, 14 min ago; Extended: live order book, 3 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, 14 min ago | 0.74 bp | 3.7 bp −$4 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 1.06 bp | 7.4 bp −$7 | 25.1 bp −$251 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LITUSDT | −0.0814% | 1h | 4.7230 | +0.040% | $55K | $77K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0713% | 1h | 4.7226 | +0.032% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0648% | 1h | 4.7082 | −0.273% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0534% | 4h | 4.7180 | −0.066% | $32K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0418% | 4h | 4.7170 | −0.087% | $2.8M | $4.4M | 50x | as long as short |
| Bullet LIT-USD | −0.0307% | 1h | 4.7207 | −0.008% | $84K | $77K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0307% | 4h | 4.7169 | −0.089% | $25.6M | $63.9M | 50x | as long as short |
| Phemex LITUSDT | −0.0268% | 4h | 4.7230 | +0.040% | $1.4M | $2.7M | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0178% | 4h | 4.7220 | +0.019% | $904K | $1.8M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0176% | 4h | 4.7141 | −0.148% | $5.2M | $1.1M | 30x | as long as short |
ApeX Omni LITUSDT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Gate LIT_USDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
Phemex LITUSDT
GRVT LIT_USDT_Perp
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7414 | +0.429% | $670K | $402K | 50x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7209 | −0.004% | $205K | $361K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0025% | 1h | 4.7253 | +0.089% | $680K | $1.4M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7193 | −0.038% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7221 | +0.022% | $31K | $857K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7250 | +0.082% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0027% | 8h | 4.7125 | −0.182% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.756% | $422 | $178K | 5.5x | as long as short |
| Polymarket Perps LIT-USD | +0.0046% | 1h | 4.7169 | −0.089% | $446K | $105K | 10x | as long as short |
| Bybit LITUSDT | +0.0079% | 4h | 4.7154 | −0.121% | $42.5M | $30.4M | 75x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7211 | long leg | $59.0M | $29.4M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7165 | −0.097% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7228 | +0.036% | $211.8M | $45.1M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7206 | −0.010% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7184 | −0.057% | $586K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7148 | −0.133% | $75.2M | $82.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7170 | −0.087% | $116K | $459K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7190 | −0.045% | $118K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7131 | −0.169% | $5.6M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7180 | −0.066% | $6.7M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7216 | +0.011% | $287K | $309K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7262 | +0.108% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7183 | −0.059% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7235 | +0.051% | $999 | $471K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7275 | +0.136% | $189K | $347K | 30x | as long as short |
| Extended LIT-USDshort | +0.0104% | 1h | 4.7126 | −0.179% | $5.2M | $5.2M | 25x | |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7266 | +0.116% | $148K | $44K | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7191 | −0.041% | $795K | $2.1M | 5x | as long as short |
| Lighter RH LIT | +0.0152% | 1h | 4.7231 | +0.042% | $3.7M | $13.6M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0229% | 1h | 4.7305 | +0.199% | $13K | $203K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7241 | +0.064% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0381% / S −0.0173% | 1h | 4.7240 | +0.061% | $62K | — | 50x | as long as short |
Coinbase International LIT-PERP-INTX
Phoenix LIT
Backpack LIT_USDC_PERP
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
Polymarket Perps LIT-USD
Bybit LITUSDT
Nado LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]