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−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.043%
Price spread now: Lighter against Hyperliquid−0.021%7-day average −0.013% · you buy dearer than you sell
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 7 days−0.052%−$5 on $10k
Price spread, last 7 days−0.082%−$8 · spread now −0.021%, 7d avg −0.013%
Together, before fees−0.134%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LIT4.72090.0100pay 0.0013% / 1h15m 16s$210.8M$44.3M5x
ShortLighter LIT4.71990.0096get 0.0012% / 1h15m 16s$59.4M$29.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Hyperliquid. 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
−$0.84
Price spread: −0.021% → −0.013%
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.68
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Lighter: live order book, 9 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 Hyperliquid live order book, 9 min ago0.95 bp6.3 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 9 min ago0.74 bp4.9 bp −$511.6 bp −$116doesn'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−0.1272%4h4.7140−0.146%$2.8M$4.5M50xas long as short
Backpack LIT_USDC_PERP−0.0798%1h4.7125−0.178%$662K$1.4M5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0719%1h4.7128−0.172%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0622%4h4.7096−0.239%$32K$2K10xas long as short
01 Exchange LITUSD−0.0576%1h4.7069−0.297%$33K$4K5xas long as short
Phemex LITUSDT−0.0508%4h4.7130−0.167%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0472%4h4.7158−0.108%$25.4M$62.6M50xas long as short
Bullet LIT-USD−0.0334%1h4.7126−0.176%$84K$81K20xas long as short
Bybit LITUSDT−0.0285%4h4.7154−0.117%$42.5M$30.2M75xas long as short
KuCoin LITUSDTM−0.0266%4h4.7096−0.239%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0239%1h4.6994−0.455%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0158%4h4.6909−0.635%$893K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7197−0.025%$668K$398K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7138−0.151%$796K$2.1M5xas long as short
Phoenix LIT−0.0034%1h4.6887−0.682%$203K$327K5xas long as short
Nado LIT-PERP−0.0013%1h4.7135−0.157%$2.2M$1.7M10xas long as short
dYdX LIT-USD0.0000%1h4.7143−0.139%$34K5xas long as short
Paradex LIT-USD-PERP+0.0001%8h4.7135−0.156%$7K$2K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7180−0.062%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.760%$422$178K5.5xas long as short
edgeX LITUSDC+0.0052%4h4.6888−0.681%$285K$312K10xas long as short
MEXC LIT_USDT+0.0056%4h4.7117−0.195%$5.6M$4.2M100xas long as short
Binance LITUSDT+0.0061%4h4.7138−0.150%$74.9M$80.8M75xas long as short
Aevo LIT-PERP+0.0072%1h4.7127−0.173%$147K$44K3xas long as short
Lighter LITshort+0.0096%1h4.7199−0.021%$59.4M$29.8M5x
Hyperliquid LITlong+0.0100%1h4.7209long leg$210.8M$44.3M5x
Aster LITUSDT+0.0100%4h4.7182−0.057%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7141−0.145%$604K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7108−0.214%$117K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.6888−0.680%$117K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7160−0.104%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.6920−0.612%$55K$77K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7144−0.138%$445K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7171−0.080%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7150−0.125%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7145−0.136%$1K$464K5xas long as short
HTX LIT-USDT+0.0100%4h4.6991−0.462%$188K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7113−0.204%$5.2M$5.1M25xas long as short
Lighter RH LIT+0.0216%1h4.7232+0.049%$3.7M$13.8M5xas long as short
BloFin LIT-USDT+0.0242%4h4.7122−0.184%$1.5M$2.0M75xas long as short
Perpl LIT+0.0335%43m4.7129−0.169%$31K$839K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0376% / S −0.0169%1h4.7174−0.073%$62K50xas long as short