Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.033%
Price spread now: Phemex against Lighter−0.143%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.143% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 946.38 | 0.0032 | pay 0.0004% / 1h | 6m 45s | $25K | $104K | 10x |
| Short | Phemex LITEUSDT | 945.03 | 0 | get 0.0000% / 8h | 3h 06m | $1.5M | $706K | 10x |
Lighter LITE
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.143% → 0.000%
- −$14.26
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.98
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 28 min ago; Phemex: live order book, 1 min ago. Net counts fees only.
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, 28 min ago | 0.84 bp | 2.7 bp −$3 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 3.33 bp | doesn't fit | doesn't fit | doesn't fit | 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 | −0.0376% | 8h | 946.08 | −0.032% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 946.46 | +0.008% | $99K | $202K | 10x | as long as short |
| BloFin LITE-USDT | −0.0030% | 8h | 945.01 | −0.145% | $220K | $234K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 944.43 | −0.206% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 946.67 | +0.031% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.00 | −0.146% | $14K | $199K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 946.47 | +0.010% | $12.2M | $47.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 945.93 | −0.048% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.58 | +0.021% | $3.7M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 946.27 | −0.012% | $7.9M | $6.3M | 50x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 945.11 | −0.135% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.49 | −0.200% | $784 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 944.20 | −0.230% | $726 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.52 | −0.197% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 945.03 | −0.143% | $1.5M | $706K | 10x | |
| Lighter LITElong | +0.0032% | 1h | 946.38 | long leg | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.89 | −0.263% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.74 | −0.173% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.20 | −0.230% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 946.05 | −0.035% | $33K | $316K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0057% | 1h | 946.25 | −0.014% | $7.2M | $5.6M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0078% | 1h | 944.12 | −0.239% | $18K | $39K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 946.01 | −0.039% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.29 | −0.221% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.20 | −0.230% | $918 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 944.00 | −0.252% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0932% | 4h | 945.22 | −0.122% | $61K | $457K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC