Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.032%
Price spread now: Gate against Lighter+0.053%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.053%, 7d avg +0.023%
=Together, before fees−0.337%+ Points / potential airdropLighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.030% dearer against Lighter than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.023%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.380% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 944.95 | 0.0032 | pay 0.0004% / 1h | 30m 16s | $25K | $104K | 10x |
| Short | Gate LITE_USDT | 945.45 | 0 | get 0.0000% / 8h | 1h 30m | $7.9M | $6.5M | 50x |
Lighter LITE
Gate LITE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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
- −$6.72
- Price spread: +0.053% → +0.023%
- $2.95
- Slippage, 4 orders
- −$56.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.15
- Costs to cover
- 0.714%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 59 min ago; Gate: live order book, 3 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 Lighter live order book, 59 min ago | 1.38 bp | 31.5 bp −$31 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.06 bp | 22.2 bp −$22 | 44.6 bp −$446 | 56.7 bp −$5,674 | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0666% | 8h | 944.83 | −0.013% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.180% | $92K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0029% | 8h | 943.85 | −0.116% | $215K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 945.44 | +0.052% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.15 | +0.021% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 945.38 | +0.045% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 945.09 | +0.015% | $1.7M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 944.95 | 0.000% | $3.6M | $18.3M | 25x | as long as short |
| Gate LITE_USDTshort | 0.0000% | 8h | 945.45 | +0.053% | $7.9M | $6.5M | 50x | |
| Variational Omni LITE | 0.0000% | 8h | 944.27 | −0.072% | $259K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.09 | −0.092% | $387 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 944.70 | −0.026% | $690 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 945.19 | +0.025% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.63 | −0.034% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 945.34 | +0.041% | $1.5M | $725K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 944.24 | −0.075% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 944.95 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.65 | −0.138% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.96 | +0.001% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.30 | −0.069% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 944.80 | −0.016% | $32K | $347K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0082% | 1h | 945.17 | +0.023% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.68 | −0.029% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.27 | −0.072% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.98 | +0.003% | $919 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 944.98 | +0.004% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0517% | 4h | 943.21 | −0.185% | $60K | $471K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC