Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.024%
Price spread now: Lighter against Gate−0.108%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.381%+$38 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.108%, 7d avg −0.026%
=Together, before fees+0.384%+ Points / potential airdropLighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.083% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.381%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LITE_USDT | 950.31 | 0.0110 | pay 0.0110% / 8h | 5h 49m | $8.0M | $6.6M | 50x |
| Short | Lighter LITE | 949.28 | 0.0064 | get 0.0008% / 1h | 49m 31s | $26K | $102K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$9.66
- Price spread: −0.108% → −0.026%
- −$8.27
- Slippage, 4 orders
- −$32.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$65.91
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Lighter: live order book, 55 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 Gate live order book, 2 min ago | 3.21 bp | 18.1 bp −$18 | 39.8 bp −$398 | 61.7 bp −$6,172 | doesn't fit |
| Sell Lighter live order book, 55 min ago | 1.27 bp | 2.5 bp −$2 | 40.1 bp −$401 | doesn't fit | doesn't fit |
LITE on 27 exchanges
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 LITE-PERP-INTX | −0.0056% | 1h | 950.35 | +0.004% | $122K | $171K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.01 | −0.242% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.50 | −0.086% | $46K | $256K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.75 | −0.059% | $12.1M | $51.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.77 | −0.057% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.81 | −0.053% | $3.5M | $19.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 949.13 | −0.124% | $2.6M | $3.3M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.13 | −0.124% | $260K | $129K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 949.80 | −0.054% | $730 | $3.5M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.16 | −0.121% | $7K | $30K | 20x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 950.40 | +0.009% | $1.5M | $747K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0003% | 1h | 949.31 | −0.105% | $18K | $41K | 10x | as long as short |
| BloFin LITE-USDT | +0.0017% | 8h | 949.24 | −0.113% | $215K | $256K | 20x | as long as short |
| QFEX LITE-USD | +0.0040% | 1h | 949.60 | −0.075% | $1.1M | $3.7M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.51 | −0.084% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.78 | −0.056% | $73K | $224K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.25 | −0.112% | $32K | $363K | 10x | as long as short |
| Lighter LITEshort | +0.0064% | 1h | 949.28 | −0.108% | $26K | $102K | 10x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.96 | −0.037% | $923 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.72 | −0.167% | $519K | $203K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.02 | −0.241% | $16K | $268K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.45 | −0.090% | — | — | 10x | as long as short |
| Gate LITE_USDTlong | +0.0110% | 8h | 950.31 | long leg | $8.0M | $6.6M | 50x | |
| tradeXYZ xyz:LITE | +0.0120% | 1h | 949.85 | −0.048% | $7.7M | $5.6M | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0212% | 8h | 948.89 | −0.149% | $313 | $191K | 10x | as long as short |
| edgeX LITEUSDC | +0.0332% | 4h | 948.82 | −0.157% | $63K | $489K | 10x | as long as short |
| SoDEX LITE-USD | +0.0403% | 1h | 949.68 | −0.066% | $23K | $9K | 10x | as long as short |
Gate LITE_USDT
Lighter LITE
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
GRVT LITE_USDT_Perp
edgeX LITEUSDC
SoDEX LITE-USD