Funding you earn now, next payment 07:00 UTC−0.0094%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h −0.033%
Price spread now: gTrade (Gains Network) against Lighter−0.055%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7751 | 0.0096 | pay 0.0012% / 1h | 44m 58s | $59.4M | $27.3M | 5x |
| Short | gTrade (Gains Network) LIT/USD | 4.7725 | L +0.0003% / S −0.0002% | get 0.0000% / 1h | 44m 58s | $11K | — | 150x |
Lighter LIT
gTrade (Gains Network) LIT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$19.65
- Price spread: −0.055% → 0.000%
- −$5.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$35.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 4 min ago | 1.67 bp | 2.9 bp −$3 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.7761 | +0.021% | $605K | $352K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0385% | 4h | 4.7615 | −0.285% | $33K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0381% | 1h | 4.7688 | −0.133% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0248% | 1h | 4.7629 | −0.255% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0224% | 1h | 4.7686 | −0.136% | $85K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0174% | 4h | 4.7668 | −0.174% | $25.5M | $61.3M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0105% | 1h | 4.7700 | −0.107% | $673K | $1.1M | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0074% | 4h | 4.7668 | −0.175% | $880K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7680 | −0.148% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USDshort | L +0.0003% / S −0.0002% | 1h | 4.7725 | −0.055% | $11K | — | 150x |
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Backpack LIT_USDC_PERP
GRVT LIT_USDT_Perp
dYdX LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0033% | 1h | 4.7792 | +0.086% | $205K | $301K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.605% | $422 | $178K | 5.5x | as long as short |
| ApeX Omni LITUSDT | +0.0060% | 1h | 4.7650 | −0.212% | $57K | $73K | 50x | as long as short |
| KuCoin LITUSDTM | +0.0074% | 4h | 4.7707 | −0.092% | $5.4M | $991K | 30x | as long as short |
| Phemex LITUSDT | +0.0079% | 4h | 4.7660 | −0.191% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LITUSDT | +0.0083% | 4h | 4.7650 | −0.212% | $41.3M | $28.6M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0092% | 8h | 4.7631 | −0.252% | $7K | $2K | 5x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7751 | long leg | $59.4M | $27.3M | 5x | |
| Nado LIT-PERP | +0.0100% | 1h | 4.7685 | −0.138% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7695 | −0.118% | $619K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7639 | −0.236% | $76.3M | $76.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7670 | −0.170% | $123K | $457K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7710 | −0.086% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7690 | −0.128% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7637 | −0.239% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7710 | −0.086% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7690 | −0.129% | $292K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7699 | −0.109% | $448K | $83K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7708 | −0.090% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7689 | −0.130% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7691 | −0.126% | $1K | $331K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7752 | +0.002% | $198K | $323K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7644 | −0.223% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7667 | −0.177% | $149K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7728 | −0.049% | $32K | $677K | 33x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7674 | −0.161% | $795K | $2.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0186% | 1h | 4.7771 | +0.041% | $9K | $214K | 10x | as long as short |
| Aster LITUSDT | +0.0217% | 4h | 4.7732 | −0.040% | $12.8M | $2.0M | 50x | as long as short |
| Hyperliquid LIT | +0.0298% | 1h | 4.7768 | +0.036% | $215.5M | $40.4M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7659 | −0.193% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0368% | 1h | 4.7767 | +0.034% | $3.6M | $13.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0424% / S −0.0217% | 1h | 4.7725 | −0.055% | $64K | — | 50x | as long as short |
Phoenix LIT
Injective LIT/USDC PERP
ApeX Omni LITUSDT
KuCoin LITUSDTM
Phemex LITUSDT
Bybit LITUSDT
Paradex LIT-USD-PERP
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Perpl LIT
RISEx LIT/USDC
Aftermath Perps LITUSD
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]