Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.085%
Price spread now: Bybit against Lighter RH−0.109%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days−0.396%−$40 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.109%, 7d avg −0.135%
=Together, before fees−0.364%+ Points / potential airdropLighter RH: Points live · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.027% dearer against Lighter RH than usual: you sell high and buy low (spread −0.109% now, against its 7-day average of −0.135%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.396% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.6931 | 0.0128 | pay 0.0016% / 1h | 56m 37s | $3.7M | $13.0M | 5x |
| Short | Bybit LITUSDT | 4.6880 | 0.0100 | get 0.0050% / 4h | 1h 56m | $41.6M | $28.7M | 75x |
Lighter RH LIT
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter RH. 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
- −$5.88
- Price spread: −0.109% → −0.135%
- $2.67
- Slippage, 4 orders
- −$40.85
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$55.06
- Costs to cover
- 0.518%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Bybit: live order book, 2 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 RH live order book, 2 min ago | 0.43 bp | 4.9 bp −$5 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.07 bp | 21.7 bp −$22 | 63.2 bp −$632 | 424.3 bp −$42.4K | doesn't fit |
LIT on 41 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 | −0.0414% | 4h | 4.6681 | −0.533% | $32K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0379% | 1h | 4.6731 | −0.427% | $41K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0316% | 1h | 4.6735 | −0.417% | $84K | $67K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0296% | 1h | 4.6893 | −0.081% | $33K | $4K | 5x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.6990 | +0.126% | $202K | $339K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0074% | 4h | 4.7009 | +0.167% | $899K | $1.7M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0052% | 4h | 4.6832 | −0.211% | $5.2M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0050% | 4h | 4.6879 | −0.111% | $25.3M | $61.4M | 50x | as long as short |
| Phemex LITUSDT | −0.0046% | 4h | 4.6730 | −0.428% | $1.4M | $2.8M | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0031% | 1h | 4.7030 | +0.211% | $56K | $77K | 50x | as long as short |
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
01 Exchange LITUSD
Phoenix LIT
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Phemex LITUSDT
ApeX Omni LITUSDTShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6781 | −0.319% | $662K | $365K | 50x | as long as short |
| Gate LIT_USDT | −0.0004% | 4h | 4.6880 | −0.109% | $2.7M | $4.2M | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6770 | −0.344% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.363% | $422 | $178K | 5.5x | as long as short |
| Bulk LIT-USD | +0.0039% | 1h | 4.6872 | −0.125% | $117K | $1K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0056% | 8h | 4.6859 | −0.153% | $7K | $2K | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0070% | 1h | 4.6808 | −0.262% | $678K | $1.3M | 5x | as long as short |
| dYdX LIT-USD | +0.0082% | 1h | 4.6812 | −0.253% | $34K | — | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6925 | −0.013% | $58.6M | $28.4M | 5x | as long as short |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6945 | +0.030% | $782K | $2.0M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6745 | −0.396% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6906 | −0.053% | $209.7M | $41.4M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6881 | −0.107% | $581K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6859 | −0.153% | $74.5M | $78.2M | 75x | as long as short |
| Bybit LITUSDTshort | +0.0100% | 4h | 4.6880 | −0.109% | $41.6M | $28.7M | 75x | |
| Arcus LIT-USD | +0.0100% | 1h | 4.6881 | −0.107% | $117K | $447K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6863 | −0.145% | $5.4M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6920 | −0.023% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6995 | +0.137% | $286K | $306K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6773 | −0.337% | $442K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6765 | −0.353% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6732 | −0.424% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6755 | −0.375% | $1K | $417K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7000 | +0.147% | $189K | $358K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6867 | −0.136% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6725 | −0.438% | $146K | — | 3x | as long as short |
| Lighter RH LITlong | +0.0128% | 1h | 4.6931 | long leg | $3.7M | $13.0M | 5x | |
| Aster LITUSDT | +0.0139% | 4h | 4.6856 | −0.161% | $12.6M | $2.0M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0297% | 1h | 4.6984 | +0.112% | $10K | $210K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0407% / S −0.0203% | 1h | 4.6756 | −0.374% | $62K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6815 | −0.246% | $31K | $833K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Bulk LIT-USD
Paradex LIT-USD-PERP
Backpack LIT_USDC_PERP
dYdX LIT-USD
Lighter LIT
RISEx LIT/USDC
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
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
Aster LITUSDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT