Settings8H · net · $10k
Funding arb · Price arb /

LITE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LITE_USDT950.310.0110pay 0.0110% / 8h5h 49m$8.0M$6.6M50x
ShortLighter LITE949.280.0064get 0.0008% / 1h49m 31s$26K$102K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago3.21 bp18.1 bp −$1839.8 bp −$39861.7 bp −$6,172doesn't fit
Sell Lighter live order book, 55 min ago1.27 bp2.5 bp −$240.1 bp −$401doesn't fitdoesn't fit

LITE on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0056%1h950.35+0.004%$122K$171K10xas long as short
Aster LITEUSDT0.0000%8h948.01−0.242%$106K$30K20xas long as short
Extended LITE-USD0.0000%1h949.50−0.086%$46K$256K10xas long as short
Binance LITEUSDT0.0000%8h949.75−0.059%$12.1M$51.6M25xas long as short
Bybit LITEUSDT0.0000%8h949.77−0.057%$1.8M$2.1M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.81−0.053%$3.5M$19.0M25xas long as short
Bitget LITEUSDT0.0000%8h949.13−0.124%$2.6M$3.3M20xas long as short
Variational Omni LITE0.0000%8h949.13−0.124%$260K$129Kas long as short
SunX LITE-USDT0.0000%8h949.80−0.054%$730$3.5M10xas long as short
HTX LITE-USDT0.0000%8h949.16−0.121%$7K$30K20xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDT0.0000%8h950.40+0.009%$1.5M$747K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0003%1h949.31−0.105%$18K$41K10xas long as short
BloFin LITE-USDT+0.0017%8h949.24−0.113%$215K$256K20xas long as short
QFEX LITE-USD+0.0040%1h949.60−0.075%$1.1M$3.7M10xas long as short
Vest LITE-USD-PERP+0.0046%1h949.51−0.084%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.78−0.056%$73K$224K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.25−0.112%$32K$363K10xas long as short
Lighter LITEshort+0.0064%1h949.28−0.108%$26K$102K10x
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.96−0.037%$923$3K10xas long as short
KuCoin LITEUSDTM+0.0100%8h948.72−0.167%$519K$203K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.02−0.241%$16K$268K50xas long as short
Aevo LITE-PERP+0.0104%1h949.45−0.090%10xas long as short
Gate LITE_USDTlong+0.0110%8h950.31long leg$8.0M$6.6M50x
tradeXYZ xyz:LITE+0.0120%1h949.85−0.048%$7.7M$5.6M10xas long as short
GRVT LITE_USDT_Perp+0.0212%8h948.89−0.149%$313$191K10xas long as short
edgeX LITEUSDC+0.0332%4h948.82−0.157%$63K$489K10xas long as short
SoDEX LITE-USD+0.0403%1h949.68−0.066%$23K$9K10xas long as short