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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter RH against Derive+0.084%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.084% dearer against Derive than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive LIT-PERP4.76860.0100pay 0.0013% / 1h40m 01s$2K6.7x
ShortLighter RH LIT4.77260.0152get 0.0019% / 1h40m 01s$3.7M$13.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Derive. 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
$10.92
Price spread: +0.084% → 0.000%
$8.42
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$13.34
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; Lighter RH: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Lighter RH live order book, 4 min ago0.32 bp0.3 bp $08.0 bp −$80doesn't fitdoesn't fit
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit LIT_USDC-PERPETUAL−0.0878%1h4.7632−0.113%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0511%4h4.7595−0.191%$33K$2K10xas long as short
01 Exchange LITUSD−0.0392%1h4.7596−0.188%$33K$4K5xas long as short
Bullet LIT-USD−0.0323%1h4.7624−0.130%$85K$77K20xas long as short
Gate LIT_USDT−0.0322%4h4.7660−0.054%$2.8M$4.4M50xas long as short
OKX LIT-USDT-SWAP−0.0240%4h4.7670−0.033%$25.9M$64.4M50xas long as short
KuCoin LITUSDTM−0.0140%4h4.7644−0.088%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7653−0.069%$674K$404K50xas long as short
Phemex LITUSDT−0.0056%4h4.7620−0.138%$1.4M$2.7M20xas long as short
Phoenix LIT−0.0034%1h4.7328−0.750%$205K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni LITUSDT−0.0028%1h4.7370−0.662%$56K$77K50xas long as short
Perpl LIT0.0000%43m4.7672−0.028%$32K$860K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7681−0.010%$35K150xas long as short
dYdX LIT-USD+0.0006%1h4.7652−0.070%$34K5xas long as short
Nado LIT-PERP+0.0017%1h4.7635−0.107%$2.2M$1.7M10xas long as short
Backpack LIT_USDC_PERP+0.0022%1h4.7680−0.012%$687K$1.4M5xas long as short
GRVT LIT_USDT_Perp+0.0030%4h4.7520−0.348%$913K$1.8M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.743%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0043%8h4.7633−0.111%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7709+0.049%$59.7M$29.6M5xas long as short
Aster LITUSDT+0.0100%4h4.7700+0.030%$12.8M$2.3M50xas long as short
Pacifica LIT+0.0100%1h4.7666−0.042%$592K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7628−0.121%$76.0M$81.3M75xas long as short
Bybit LITUSDT+0.0100%4h4.7640−0.096%$42.9M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7639−0.098%$118K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7141−1.143%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7630−0.117%$5.7M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7690+0.009%$6.8M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7434−0.529%$289K$307K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7644−0.088%$450K$104K10xas long as short
Derive LIT-PERPlong+0.0100%1h4.7686long leg$2K6.7x
SunX LIT-USDT+0.0100%4h4.7581−0.220%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7648−0.079%$997$463K5xas long as short
HTX LIT-USDT+0.0100%4h4.76860.000%$190K$346K30xas long as short
Extended LIT-USD+0.0104%1h4.7625−0.127%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7650−0.075%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7657−0.059%$813K$2.0M5xas long as short
Lighter RH LITshort+0.0152%1h4.7726+0.084%$3.7M$13.7M5x
Hyperliquid LIT+0.0240%1h4.7757+0.149%$214.2M$45.1M5xas long as short
Aftermath Perps LITUSD+0.0339%1h4.7496−0.398%$10K$205K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7622−0.134%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0394% / S −0.0182%1h4.7671−0.031%$64K50xas long as short