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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.048%
Price spread now: Lighter against KuCoin+0.114%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.233%+$23 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.114%, 7d avg +0.076%
Together, before fees+0.150%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.81490.0100pay 0.0050% / 4h3h 52m$5.5M$928K30x
ShortLighter LIT4.82040.0096get 0.0012% / 1h52m 32s$60.0M$25.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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: +0.114% → +0.076%
$3.78
Slippage, 4 orders
−$51.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$60.85
Costs to cover
0.638%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Lighter: live order book, 6 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 KuCoin live order book, 5 min ago6.73 bp28.7 bp −$29362.2 bp −$3,622doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.62 bp4.0 bp −$414.1 bp −$141doesn'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
Deribit LIT_USDC-PERPETUAL−0.0477%1h4.8118−0.065%$42K$39K10xas long as short
Orderly PERP_LIT_USDC−0.0364%4h4.8045−0.216%$33K$1K10xas long as short
Bullet LIT-USD−0.0326%1h4.8142−0.015%$86K$66K20xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7968−0.377%$608K$349K50xas long as short
01 Exchange LITUSD−0.0272%1h4.8136−0.027%$31K$3K5xas long as short
GRVT LIT_USDT_Perp−0.0246%4h4.7999−0.311%$888K$2.0M10xas long as short
Bybit LITUSDT−0.0195%4h4.8150+0.002%$41.9M$27.4M75xas long as short
OKX LIT-USDT-SWAP−0.0158%4h4.8160+0.023%$26.0M$59.7M50xas long as short
dYdX LIT-USD0.0000%1h4.8152+0.006%$35K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8107−0.087%$36K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT+0.0017%1h4.8132−0.035%$207K$288K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040−0.226%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0091%1h4.7970−0.372%$57K$76K50xas long as short
Paradex LIT-USD-PERP+0.0096%8h4.8145−0.009%$7K$2K5xas long as short
Lighter LITshort+0.0096%1h4.8204+0.114%$60.0M$25.9M5x
Nado LIT-PERP+0.0100%1h4.8165+0.033%$2.1M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.8225+0.158%$217.9M$38.5M5xas long as short
Pacifica LIT+0.0100%1h4.8158+0.019%$715K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.8121−0.058%$77.2M$73.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.8169+0.042%$126K$443K5xas long as short
Bulk LIT-USD+0.0100%1h4.8183+0.070%$120K−$010xas long as short
Gate LIT_USDT+0.0100%4h4.8160+0.023%$2.8M$4.0M50xas long as short
MEXC LIT_USDT+0.0100%4h4.8127−0.046%$6.2M$3.9M100xas long as short
KuCoin LITUSDTMlong+0.0100%4h4.8149long leg$5.5M$928K30x
Bitget LITUSDT+0.0100%4h4.8180+0.064%$6.9M$2.4M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.81490.000%$687K$988K5xas long as short
edgeX LITUSDC+0.0100%4h4.7984−0.342%$294K$302K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8197+0.100%$449K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.8239+0.187%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.8027−0.253%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8120−0.060%$1K$333K5xas long as short
HTX LIT-USDT+0.0100%4h4.8185+0.075%$194K$312K30xas long as short
Phemex LITUSDT+0.0100%4h4.8090−0.123%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.8153+0.008%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.8088−0.126%$150K3xas long as short
RISEx LIT/USDC+0.0118%1h4.8202+0.110%$803K$2.3M5xas long as short
Lighter RH LIT+0.0120%1h4.8217+0.141%$3.7M$12.2M5xas long as short
Aster LITUSDT+0.0312%4h4.8214+0.135%$12.9M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.8110−0.080%$32K$639K33xas long as short
BloFin LIT-USDT+0.0340%4h4.8071−0.162%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0426% / S −0.0217%1h4.8140−0.019%$64K50xas long as short
Aftermath Perps LITUSD+0.0474%1h4.8110−0.081%$10K$202K10xas long as short