Funding you earn now, next payment 01:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter RH against Pacifica+0.184%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days+0.318%+$32 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.184%, 7d avg +0.106%
=Together, before fees+0.165%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.079% dearer against Pacifica than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LIT | 4.7718 | 0.0100 | pay 0.0013% / 1h | 34m 20s | $592K | $1.7M | 10x |
| Short | Lighter RH LIT | 4.7806 | 0.0136 | get 0.0017% / 1h | 34m 20s | $3.7M | $13.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- $7.56
- Price spread: +0.184% → +0.106%
- $7.88
- Slippage, 4 orders
- −$18.87
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.43
- Costs to cover
- 0.269%
- Break-even
- 17.6 days
Slippage from Pacifica: live order book, 5 min ago; Lighter RH: live order book, 5 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 Pacifica live order book, 5 min ago | 2.82 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 2.30 bp | 4.2 bp −$4 | 14.1 bp −$141 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0893% | 1h | 4.7711 | −0.014% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0517% | 4h | 4.7633 | −0.178% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0432% | 1h | 4.7653 | −0.136% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0369% | 1h | 4.7710 | −0.017% | $85K | $75K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0226% | 4h | 4.7720 | +0.004% | $26.0M | $64.4M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0144% | 4h | 4.7687 | −0.065% | $5.3M | $1.1M | 30x | as long as short |
| Phemex LITUSDT | −0.0099% | 4h | 4.7700 | −0.038% | $1.4M | $2.7M | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7831 | +0.237% | $676K | $406K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7765 | +0.098% | $208K | $361K | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0032% | 1h | 4.7760 | +0.088% | $56K | $77K | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7769 | +0.107% | $32K | $856K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7781 | +0.133% | $23K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0005% | 1h | 4.7731 | +0.027% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | +0.0018% | 1h | 4.7695 | −0.048% | $2.2M | $1.7M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.675% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0038% | 8h | 4.7684 | −0.072% | $7K | $2K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0048% | 4h | 4.7763 | +0.095% | $918K | $1.8M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0084% | 1h | 4.7728 | +0.021% | $451K | $104K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7808 | +0.189% | $59.8M | $29.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7784 | +0.139% | $12.8M | $2.3M | 50x | as long as short |
| Pacifica LITlong | +0.0100% | 1h | 4.7718 | long leg | $592K | $1.7M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.7700 | −0.038% | $76.1M | $81.2M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7705 | −0.027% | $43.0M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7730 | +0.025% | $118K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7740 | +0.046% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7730 | +0.025% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7699 | −0.040% | $5.7M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7750 | +0.067% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7751 | +0.069% | $688K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7664 | −0.113% | $290K | $308K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7758 | +0.085% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7698 | −0.042% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7721 | +0.006% | $1K | $461K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7841 | +0.258% | $191K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7695 | −0.047% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7691 | −0.056% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7760 | +0.087% | $796K | $2.0M | 5x | as long as short |
| Lighter RH LITshort | +0.0136% | 1h | 4.7806 | +0.184% | $3.7M | $13.7M | 5x | |
| Hyperliquid LIT | +0.0272% | 1h | 4.7817 | +0.207% | $214.5M | $44.2M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7713 | −0.010% | $1.6M | $2.1M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0356% | 1h | 4.7713 | −0.011% | $10K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0396% / S −0.0184% | 1h | 4.7787 | +0.144% | $64K | — | 50x | as long as short |
Pacifica LIT
Lighter RH LIT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Phemex LITUSDT
Coinbase International LIT-PERP-INTX
Phoenix LIT
ApeX Omni LITUSDT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Lighter LIT
Aster LITUSDT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
RISEx LIT/USDC
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]