Funding you earn now, next payment 03:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.042%
Price spread now: Injective against Lighter RH+2.389%7-day average −9.950% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−17.825%−$1,783 · spread now +2.389%, 7d avg −9.950%
=Together, before fees−18.234%+ Points / potential airdropLighter RH: Points live · farm board−$1,823 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 12.339% dearer against Lighter RH than usual: you sell high and buy low (spread +2.389% now, against its 7-day average of −9.950%): +$1,234 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 months. At the pace of the last 7 days (−0.409% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.6919 | 0.0096 | pay 0.0012% / 1h | 7m 12s | $3.6M | $13.4M | 5x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 7m 12s | $422 | $178K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.16
- Price spread: +2.389% → −9.950%
- $1,233.95
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,220.77
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 2 min ago; Injective: 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 RH live order book, 2 min ago | 2.55 bp | 5.7 bp −$6 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0564% | 1h | 4.6870 | −0.105% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0378% | 4h | 4.6842 | −0.164% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0312% | 1h | 4.6840 | −0.168% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0261% | 1h | 4.6889 | −0.065% | $84K | $68K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0115% | 1h | 4.6900 | −0.040% | $56K | $76K | 50x | as long as short |
| Gate LIT_USDT | −0.0098% | 4h | 4.6910 | −0.019% | $2.7M | $4.3M | 50x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.7010 | +0.194% | $202K | $341K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0024% | 1h | 4.6800 | −0.254% | $611K | $411K | 50x | as long as short |
| Phemex LITUSDT | −0.0023% | 4h | 4.6890 | −0.062% | $1.4M | $2.8M | 20x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6939 | +0.043% | $11K | — | 150x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0005% | 1h | 4.6921 | +0.003% | $34K | — | 5x | as long as short |
| OKX LIT-USDT-SWAP | +0.0018% | 4h | 4.6869 | −0.107% | $25.2M | $61.6M | 50x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +2.389% | $422 | $178K | 5.5x | |
| KuCoin LITUSDTM | +0.0038% | 4h | 4.6942 | +0.049% | $5.2M | $1.0M | 30x | as long as short |
| Paradex LIT-USD-PERP | +0.0069% | 8h | 4.6888 | −0.066% | $7K | $2K | 5x | as long as short |
| Bybit LITUSDT | +0.0070% | 4h | 4.6865 | −0.115% | $41.6M | $28.5M | 75x | as long as short |
| GRVT LIT_USDT_Perp | +0.0082% | 4h | 4.6940 | +0.045% | $917K | $1.8M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6911 | −0.017% | $58.5M | $28.9M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.6919 | long leg | $3.6M | $13.4M | 5x | |
| RISEx LIT/USDC | +0.0099% | 1h | 4.6910 | −0.019% | $782K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6825 | −0.200% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6924 | +0.011% | $209.7M | $41.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6921 | +0.004% | $579K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6842 | −0.165% | $74.7M | $78.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6906 | −0.028% | $122K | $454K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6849 | −0.149% | $5.5M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6890 | −0.062% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6892 | −0.058% | $664K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6901 | −0.038% | $286K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6898 | −0.045% | $438K | $110K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6917 | −0.004% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6848 | −0.151% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6867 | −0.111% | $2K | $397K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7003 | +0.179% | $199K | $388K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7305 | +0.823% | $118K | $973 | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6860 | −0.126% | $5.2M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6887 | −0.068% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0199% | 1h | 4.7015 | +0.205% | $9K | $205K | 10x | as long as short |
| Aster LITUSDT | +0.0215% | 4h | 4.6970 | +0.109% | $12.6M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6840 | −0.168% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0416% / S −0.0214% | 1h | 4.6934 | +0.033% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6902 | −0.036% | $31K | $806K | 33x | as long as short |
Lighter RH LIT
Injective LIT/USDC PERP
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
Gate LIT_USDT
Phoenix LIT
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Paradex LIT-USD-PERP
Bybit LITUSDT
GRVT LIT_USDT_Perp
Lighter LIT
RISEx LIT/USDC
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]