Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.067%

Price spread now: Lighter RH against KuCoin+0.130%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$760.764% of the position

Long on KuCoin Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.361%+$36 on $10k

Price spread, last 7 days+0.017%+$2 · spread now +0.130%, 7d avg +0.120%

Together, before fees+0.379%+ Points / potential airdropLighter RH: Points live · farm board+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.6966	0.0044	pay 0.0022% / 4h	1h 12m	$5.2M	$1.0M	30x
Short	Lighter RH LIT	4.7027	0.0096	get 0.0012% / 1h	12m 31s	$3.6M	$13.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Position, each leg$Hold fordaysFee KuCoinbpFee Lighter RHbpOrdersPrice spread, now +0.130%Rate

Funding earned: $10.92
Price spread: +0.130% → +0.120%: $0.94
Slippage, 4 orders: −$64.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$64.56
Costs to cover: 0.764%
Break-even: 48.4 days

Slippage from KuCoin: live order book, 5 min ago; Lighter RH: live order book, 6 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 KuCoin live order book, 5 min ago	9.06 bp	33.0 bp −$33	440.2 bp −$4,402	doesn't fit	doesn't fit
Sell Lighter RH live order book, 6 min ago	0.21 bp	1.9 bp −$2	8.1 bp −$81	doesn't fit	doesn't fit

LIT on 42 venues

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
Deribit LIT_USDC-PERPETUAL	−0.0398%	1h	4.7012	+0.099%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0383%	4h	4.6957	−0.019%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.6901	−0.138%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0248%	1h	4.6953	−0.028%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0096%	4h	4.7010	+0.094%	$2.8M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7086	+0.256%	$203K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.354%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0011%	4h	4.7010	+0.094%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7047	+0.173%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0005%	1h	4.6991	+0.052%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LIT-USDT-SWAP	+0.0022%	4h	4.6972	+0.013%	$25.3M	$61.9M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.287%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTMlong	+0.0044%	4h	4.6966	long leg	$5.2M	$1.0M	30x
Paradex LIT-USD-PERP	+0.0073%	8h	4.6929	−0.079%	$7K	$2K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.7444	+1.018%	$927K	$1.7M	10x	as long as short
Bybit LITUSDT	+0.0088%	4h	4.6960	−0.013%	$41.7M	$28.7M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7003	+0.079%	$58.6M	$28.9M	5x	as long as short
Lighter RH LITshort	+0.0096%	1h	4.7027	+0.130%	$3.6M	$13.4M	5x
ApeX Omni LITUSDT	+0.0099%	1h	4.7460	+1.052%	$57K	$76K	50x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6966	−0.001%	$783K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6945	−0.045%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7018	+0.111%	$210.1M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6977	+0.023%	$580K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6930	−0.077%	$74.8M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6965	−0.002%	$122K	$454K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6937	−0.062%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6960	−0.013%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7004	+0.081%	$669K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7387	+0.896%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6976	+0.021%	$439K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7044	+0.166%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6992	+0.055%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7018	+0.111%	$2K	$400K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7102	+0.290%	$195K	$380K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7305	+0.722%	$118K	$973	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6933	−0.071%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7044	+0.166%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0183%	1h	4.7133	+0.355%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0212%	4h	4.7008	+0.090%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6947	−0.040%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0416% / S −0.0213%	1h	4.7045	+0.168%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6985	+0.040%	$31K	$814K	33x	as long as short