LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0209%/8h= −22.9% APRnext payment −$0.26 per $10,000 · paid last 24h −0.033%

Price spread now: Lighter against Aftermath Perps−0.065%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on Aftermath Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.202%−$20 on $10k

Price spread, last 4 days (all we have)−0.668%−$67 · spread now −0.065%, 7d avg −0.015%

Together, before fees−0.869%+ Points / potential airdropLighter: Season 3 · farm board−$87 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 0.051% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LITUSD	4.7621	0.0305	pay 0.0038% / 1h	52m 45s	$8K	$189K	10x
Short	Lighter LIT	4.7590	0.0096	get 0.0012% / 1h	52m 45s	$59.3M	$22.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee LighterbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$43.96
Price spread: −0.065% → −0.015%: −$5.05
Slippage, 4 orders: −$41.19
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$99.2
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 54 min ago; Lighter: live order book, 4 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 Aftermath Perps live order book, 54 min ago	4.02 bp	16.9 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.52 bp	4.2 bp −$4	13.6 bp −$136	doesn't fit	doesn't fit

LIT on 42 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
01 Exchange LITUSD	−0.0488%	1h	4.7445	−0.370%	$31K	$3K	5x	as long as short
ApeX Omni LITUSDT	−0.0474%	1h	4.7580	−0.086%	$57K	$78K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0384%	4h	4.7465	−0.328%	$32K	$313	10x	as long as short
Gate LIT_USDT	−0.0278%	4h	4.7590	−0.065%	$2.8M	$3.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0240%	1h	4.7737	+0.242%	$606K	$298K	50x	as long as short
Backpack LIT_USDC_PERP	−0.0201%	1h	4.7546	−0.158%	$678K	$868K	5x	as long as short
Bullet LIT-USD	−0.0200%	1h	4.7520	−0.212%	$85K	$44K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0154%	1h	4.7539	−0.173%	$42K	$19K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0102%	4h	4.7576	−0.096%	$882K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0040%	4h	4.7573	−0.101%	$26.0M	$54.0M	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7578	−0.091%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7554	−0.140%	$35K	—	150x	as long as short
Polymarket Perps LIT-USD	+0.0017%	1h	4.7516	−0.221%	$455K	$125K	10x	as long as short
Pacifica LIT	+0.0023%	1h	4.7550	−0.149%	$629K	$1.5M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.880%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7625	+0.008%	$204K	$269K	5x	as long as short
Extended LIT-USD	+0.0056%	1h	4.7544	−0.163%	$5.1M	$5.0M	25x	as long as short
Bybit LITUSDT	+0.0056%	4h	4.7540	−0.170%	$41.3M	$24.9M	75x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7596	−0.053%	$799K	$2.4M	5x	as long as short
Paradex LIT-USD-PERP	+0.0082%	8h	4.7543	−0.164%	$7K	$1K	5x	as long as short
Lighter LITshort	+0.0096%	1h	4.7590	−0.065%	$59.3M	$22.7M	5x
Lighter RH LIT	+0.0096%	1h	4.7611	−0.021%	$3.6M	$11.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7503	−0.249%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7601	−0.042%	$214.7M	$34.9M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7536	−0.179%	$76.6M	$66.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7588	−0.070%	$136K	$363K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7541	−0.168%	$6.3M	$3.5M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7621	0.000%	$5.4M	$642K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7560	−0.128%	$6.8M	$2.2M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7574	−0.099%	$292K	$300K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7558	−0.133%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7481	−0.294%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7550	−0.149%	$4K	$299K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7558	−0.133%	$191K	$256K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7550	−0.149%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7560	−0.128%	$158K	$50K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7525	−0.201%	$149K	—	3x	as long as short
Aster LITUSDT	+0.0156%	4h	4.7616	−0.011%	$12.7M	$1.7M	50x	as long as short
Aftermath Perps LITUSDlong	+0.0305%	1h	4.7621	long leg	$8K	$189K	10x
BloFin LIT-USDT	+0.0340%	4h	4.7521	−0.210%	$1.6M	$2.4M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0422% / S −0.0217%	1h	4.7546	−0.158%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7507	−0.240%	$28K	$542K	33x	as long as short