Funding you earn now, next payment 03:05 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.023%
Price spread now: Perpl against Lighter RH+0.088%7-day average −0.131% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.088%, 7d avg −0.131%
=Together, before fees−0.504%+ Points / potential airdropLighter RH: Points live · Perpl: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Perpl is 0.219% dearer against Lighter RH than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.131%. Mind the row above: over the last 7 days funding on this pair cost −0.362%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH LIT | 4.7036 | 0.0096 | pay 0.0012% / 1h | 17m 37s | $3.7M | $13.2M | 5x |
| Short | Perpl LIT | 4.7077 | 0.0335 | get 0.0030% / 43m | 31m 37s | $32K | $760K | 33x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $50.17
- Price spread: +0.088% → −0.131%
- $21.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $58.26
- Costs to cover
- 0.138%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 6 min ago; Perpl: 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, 6 min ago | 2.02 bp | 3.8 bp −$4 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0408% | 1h | 4.7009 | −0.057% | $33K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0394% | 4h | 4.6975 | −0.130% | $32K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0343% | 1h | 4.7005 | −0.066% | $41K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0295% | 1h | 4.6998 | −0.080% | $84K | $68K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6904 | −0.281% | $613K | $398K | 50x | as long as short |
| Gate LIT_USDT | −0.0134% | 4h | 4.7030 | −0.013% | $2.7M | $4.3M | 50x | as long as short |
| Bybit LITUSDT | −0.0084% | 4h | 4.6968 | −0.145% | $41.2M | $28.8M | 75x | as long as short |
| Phemex LITUSDT | −0.0077% | 4h | 4.6980 | −0.119% | $1.4M | $2.8M | 20x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7025 | −0.023% | $202K | $305K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6992 | −0.095% | $34K | — | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended LIT-USD | 0.0000% | 1h | 4.6995 | −0.087% | $5.1M | $5.0M | 25x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7048 | +0.026% | $11K | — | 150x | as long as short |
| OKX LIT-USDT-SWAP | +0.0011% | 4h | 4.6990 | −0.098% | $25.2M | $61.1M | 50x | as long as short |
| KuCoin LITUSDTM | +0.0022% | 4h | 4.6991 | −0.096% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.135% | $422 | $178K | 5.5x | as long as short |
| Polymarket Perps LIT-USD | +0.0069% | 1h | 4.7022 | −0.030% | $439K | $109K | 10x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.7050 | +0.030% | $791K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0075% | 8h | 4.6944 | −0.195% | $6K | $2K | 5x | as long as short |
| Nado LIT-PERP | +0.0082% | 1h | 4.7024 | −0.027% | $2.2M | $1.7M | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0083% | 1h | 4.6910 | −0.268% | $56K | $76K | 50x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7014 | −0.047% | $58.6M | $28.8M | 5x | as long as short |
| Lighter RH LITlong | +0.0096% | 1h | 4.7036 | long leg | $3.7M | $13.2M | 5x | |
| Backpack LIT_USDC_PERP | +0.0099% | 1h | 4.7040 | +0.009% | $658K | $1.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7035 | −0.002% | $210.3M | $41.9M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6993 | −0.091% | $574K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6965 | −0.151% | $75.2M | $79.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6987 | −0.104% | $117K | $455K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6895 | −0.300% | $117K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6976 | −0.128% | $5.6M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6990 | −0.098% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6919 | −0.249% | $287K | $304K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.6947 | −0.190% | $906K | $1.7M | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7041 | +0.011% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7034 | −0.004% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7011 | −0.053% | $1K | $385K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6977 | −0.125% | $199K | $360K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7009 | −0.058% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0235% | 4h | 4.7103 | +0.143% | $12.6M | $1.9M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0270% | 1h | 4.6984 | −0.112% | $10K | $204K | 10x | as long as short |
| Perpl LITshort | +0.0335% | 43m | 4.7077 | +0.088% | $32K | $760K | 33x | |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6955 | −0.172% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0436% / S −0.0231% | 1h | 4.7034 | −0.005% | $65K | — | 50x | as long as short |
Lighter RH LIT
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
Bybit LITUSDT
Phemex LITUSDT
Phoenix LIT
Extended LIT-USD
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Injective LIT/USDC PERP
Polymarket Perps LIT-USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
ApeX Omni LITUSDT
Lighter LIT
Backpack LIT_USDC_PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
GRVT LIT_USDT_Perp
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]