Funding you earn now, next payment 06:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.035%
Price spread now: Lighter RH against Nado+0.160%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 3 days (all we have)+0.228%+$23 on $10k
+Price spread, last 7 days−0.177%−$18 · spread now +0.160%, 7d avg +0.127%
=Together, before fees+0.051%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.033% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado LIT-PERP | 4.8133 | 0.0100 | pay 0.0012% / 1h | 1m 23s | $2.2M | $1.6M | 10x |
| Short | Lighter RH LIT | 4.8210 | 0.0184 | get 0.0023% / 1h | 1m 23s | $3.6M | $13.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- $17.64
- Price spread: +0.160% → +0.127%
- $3.27
- Slippage, 4 orders
- −$20.3
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$6.4
- Costs to cover
- 0.273%
- Break-even
- 9.5 days
Slippage from Nado: live order book, 2 min ago; Lighter RH: 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 Nado live order book, 2 min ago | 1.14 bp | 8.7 bp −$9 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.66 bp | 5.3 bp −$5 | 13.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.8177 | +0.092% | $610K | $370K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0368% | 4h | 4.8071 | −0.129% | $33K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0176% | 1h | 4.8128 | −0.010% | $31K | $3K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0162% | 4h | 4.8150 | +0.035% | $25.8M | $62.6M | 50x | as long as short |
| Bullet LIT-USD | −0.0162% | 1h | 4.8120 | −0.028% | $86K | $66K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0088% | 1h | 4.8244 | +0.230% | $42K | $40K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0064% | 4h | 4.8180 | +0.099% | $893K | $1.9M | 10x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.8232 | +0.206% | $207K | $283K | 5x | as long as short |
| RISEx LIT/USDC | −0.0012% | 1h | 4.8163 | +0.061% | $803K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8151 | +0.037% | $35K | — | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.8154 | +0.044% | $12K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.193% | $422 | $178K | 5.5x | as long as short |
| KuCoin LITUSDTM | +0.0070% | 4h | 4.8167 | +0.071% | $5.4M | $1.0M | 30x | as long as short |
| Phemex LITUSDT | +0.0082% | 4h | 4.8230 | +0.202% | $1.4M | $2.8M | 20x | as long as short |
| Paradex LIT-USD-PERP | +0.0095% | 8h | 4.8105 | −0.057% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8180 | +0.098% | $59.9M | $28.7M | 5x | as long as short |
| Nado LIT-PERPlong | +0.0100% | 1h | 4.8133 | long leg | $2.2M | $1.6M | 10x | |
| Pacifica LIT | +0.0100% | 1h | 4.8146 | +0.027% | $617K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8111 | −0.046% | $77.2M | $77.8M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.8120 | −0.027% | $41.6M | $28.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8152 | +0.039% | $119K | $466K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8170 | +0.077% | $2.8M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8111 | −0.046% | $5.9M | $4.0M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8150 | +0.035% | $6.9M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8258 | +0.260% | $680K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8167 | +0.070% | $294K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8340 | +0.430% | $58K | $75K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8127 | −0.012% | $452K | $83K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8154 | +0.044% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8209 | +0.158% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8227 | +0.195% | $1K | $336K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8334 | +0.418% | $201K | $343K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8185 | +0.109% | $120K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8100 | −0.068% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8121 | −0.026% | $150K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.8159 | +0.054% | $32K | $689K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0142% | 1h | 4.8322 | +0.394% | $10K | $219K | 10x | as long as short |
| Lighter RH LITshort | +0.0184% | 1h | 4.8210 | +0.160% | $3.6M | $13.5M | 5x | |
| Aster LITUSDT | +0.0238% | 4h | 4.8199 | +0.137% | $12.9M | $2.0M | 50x | as long as short |
| Hyperliquid LIT | +0.0312% | 1h | 4.8212 | +0.164% | $217.4M | $41.6M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8188 | +0.114% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8144 | +0.023% | $64K | — | 50x | as long as short |
Lighter RH LIT
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
GRVT LIT_USDT_Perp
Phoenix LIT
RISEx LIT/USDC
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
KuCoin LITUSDTM
Phemex LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
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
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]