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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.050%
Price spread now: Aftermath Perps against Lighter+0.234%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$820.820% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.179%+$18 on $10k
Price spread, last 3 days (all we have)+1.182%+$118 · spread now +0.234%, 7d avg +0.020%
Together, before fees+1.361%+ Points / potential airdropLighter: Season 3 · farm board+$136 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.214% dearer against Lighter than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LIT4.75680.0128pay 0.0016% / 1h55m 07s$59.6M$29.5M5x
ShortAftermath Perps LITUSD4.76790.0155get 0.0019% / 1h55m 07s$11K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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
$5.63
Price spread: +0.234% → +0.020%
$21.36
Slippage, 4 orders
−$72.97
Fee Lighter: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$54.97
Costs to cover
0.820%
Break-even
75.3 days
Slippage from Lighter: live order book, 4 min ago; Aftermath Perps: live order book, 34 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 Lighter live order book, 4 min ago0.63 bp8.3 bp −$833.4 bp −$334doesn't fitdoesn't fit
Sell Aftermath Perps live order book, 34 min ago4.53 bp29.7 bp −$30doesn't fitdoesn'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−0.0769%1h4.7533−0.074%$42K$40K10xas long as short
01 Exchange LITUSD−0.0728%1h4.7407−0.338%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0563%4h4.7468−0.210%$32K$2K10xas long as short
Backpack LIT_USDC_PERP−0.0501%1h4.7544−0.050%$668K$1.5M5xas long as short
Phemex LITUSDT−0.0479%4h4.7510−0.122%$1.3M$2.7M20xas long as short
Bullet LIT-USD−0.0383%1h4.7482−0.181%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0330%4h4.7487−0.170%$5.3M$1.1M30xas long as short
Gate LIT_USDT−0.0302%4h4.7520−0.101%$2.8M$4.5M50xas long as short
OKX LIT-USDT-SWAP−0.0290%4h4.7422−0.307%$25.2M$60.6M50xas long as short
GRVT LIT_USDT_Perp−0.0274%4h4.7490−0.163%$896K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0238%4h4.7459−0.229%$42.9M$30.1M75xas long as short
SoDEX LIT-USD−0.0199%1h4.7525−0.090%$985$473K5xas long as short
Nado LIT-PERP−0.0184%1h4.7474−0.197%$2.1M$1.7M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.8452+1.859%$668K$408K50xas long as short
Phoenix LIT−0.0067%1h4.7677+0.229%$246K$321K5xas long as short
Extended LIT-USD−0.0048%1h4.7450−0.248%$5.2M$5.2M25xas long as short
Paradex LIT-USD-PERP−0.0019%8h4.7431−0.289%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7540−0.060%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7545−0.049%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7527−0.086%$816K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0013%1h4.7500−0.143%$449K$104K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.992%$422$178K5.5xas long as short
Binance LITUSDT+0.0055%4h4.7471−0.205%$75.0M$80.6M75xas long as short
MEXC LIT_USDT+0.0056%4h4.7483−0.179%$5.9M$4.2M100xas long as short
edgeX LITUSDC+0.0060%4h4.7527−0.086%$289K$310K10xas long as short
Aevo LIT-PERP+0.0072%1h4.7500−0.143%$149K$44K3xas long as short
ApeX Omni LITUSDT+0.0083%1h4.7490−0.164%$56K$78K50xas long as short
Bulk LIT-USD+0.0088%1h4.7627+0.124%$119K$7K10xas long as short
Hyperliquid LIT+0.0100%1h4.7515−0.111%$211.1M$44.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7541−0.057%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7494−0.156%$596K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7481−0.183%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7470−0.206%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7571+0.007%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7552−0.034%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7465−0.217%$189K$331K30xas long as short
Perpl LIT+0.0112%43m4.7510−0.122%$31K$843K33xas long as short
Lighter LITlong+0.0128%1h4.7568long leg$59.6M$29.5M5x
Aftermath Perps LITUSDshort+0.0155%1h4.7679+0.234%$11K$198K10x
Lighter RH LIT+0.0160%1h4.7592+0.050%$3.7M$14.0M5xas long as short
BloFin LIT-USDT+0.0218%4h4.7425−0.301%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7535−0.070%$60K50xas long as short