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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.017%
Price spread now: Lighter RH against Aevo+0.128%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$880.876% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.322%+$32 on $10k
Price spread, last 3 days (all we have)+0.177%+$18 · spread now +0.128%, 7d avg +0.191%
Together, before fees+0.499%+ Points / potential airdropLighter RH: Points live · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.063% cheaper against Aevo than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.191%). If the spread goes back, that is −$6 on $10k: about 42 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LIT-PERP4.74700.0072pay 0.0009% / 1h9m 51s$148K$44K3x
ShortLighter RH LIT4.75310.0192get 0.0024% / 1h9m 51s$3.7M$13.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aevo. 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
$25.2
Price spread: +0.128% → +0.191%
−$6.32
Slippage, 4 orders
−$71.61
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$68.73
Costs to cover
0.876%
Break-even
26.1 days
Slippage from Aevo: live order book, 9 min ago; Lighter RH: live order book, 4 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 Aevo live order book, 9 min ago14.95 bp45.7 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago1.59 bp1.6 bp −$28.8 bp −$88doesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LIT_USDT−0.1188%4h4.7500+0.062%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0810%1h4.7495+0.052%$42K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0659%1h4.7485+0.031%$666K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0626%4h4.7443−0.058%$32K$2K10xas long as short
01 Exchange LITUSD−0.0560%1h4.7447−0.049%$33K$4K5xas long as short
Phemex LITUSDT−0.0505%4h4.7470−0.001%$1.4M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0468%4h4.7451−0.041%$25.6M$63.4M50xas long as short
Bullet LIT-USD−0.0329%1h4.7492+0.046%$85K$81K20xas long as short
Bybit LITUSDT−0.0255%4h4.7430−0.085%$42.8M$30.2M75xas long as short
Aftermath Perps LITUSD−0.0251%1h4.7246−0.472%$10K$202K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTM−0.0244%4h4.7447−0.049%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7507+0.077%$672K$401K50xas long as short
GRVT LIT_USDT_Perp−0.0134%4h4.7261−0.441%$900K$1.8M10xas long as short
RISEx LIT/USDC−0.0082%1h4.7536+0.137%$813K$2.1M5xas long as short
Phoenix LIT−0.0034%1h4.7192−0.586%$204K$327K5xas long as short
Nado LIT-PERP−0.0006%1h4.7505+0.073%$2.2M$1.7M10xas long as short
dYdX LIT-USD0.0000%1h4.7543+0.154%$34K5xas long as short
Perpl LIT0.0000%43m4.7515+0.094%$32K$839K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7552+0.172%$35K150xas long as short
Paradex LIT-USD-PERP+0.0005%8h4.7451−0.041%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.200%$422$178K5.5xas long as short
Binance LITUSDT+0.0060%4h4.7407−0.134%$75.3M$81.0M75xas long as short
edgeX LITUSDC+0.0061%4h4.7175−0.623%$287K$309K10xas long as short
MEXC LIT_USDT+0.0062%4h4.7415−0.117%$5.7M$4.2M100xas long as short
Aevo LIT-PERPlong+0.0072%1h4.7470long leg$148K$44K3x
Lighter LIT+0.0096%1h4.7507+0.077%$59.8M$30.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7534+0.134%$212.4M$44.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7528+0.120%$12.7M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7510+0.083%$608K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7482+0.024%$118K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7396−0.157%$118K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7470−0.001%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7280−0.401%$55K$76K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7524+0.113%$449K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7547+0.161%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7460−0.022%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7450−0.043%$994$465K5xas long as short
HTX LIT-USDT+0.0100%4h4.7467−0.007%$190K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7425−0.095%$5.2M$5.1M25xas long as short
Lighter RH LITshort+0.0192%1h4.7531+0.128%$3.7M$13.8M5x
BloFin LIT-USDT+0.0249%4h4.7426−0.094%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0378% / S −0.0169%1h4.7548+0.163%$62K50xas long as short