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−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Extended against Lighter RH−0.232%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 7 days+0.152%+$15 · spread now −0.232%, 7d avg −0.179%
Together, before fees−0.066%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.052% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.179%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.77750.0176pay 0.0022% / 1h12m 40s$3.7M$13.7M5x
ShortExtended LIT-USD4.76640.0104get 0.0013% / 1h12m 40s$5.2M$5.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter RH. 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
−$15.12
Price spread: −0.232% → −0.179%
−$5.23
Slippage, 4 orders
−$19.96
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$45.31
Costs to cover
0.250%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Extended: live order book, 1 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 RH live order book, 6 min ago2.31 bp5.8 bp −$614.7 bp −$147doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago1.68 bp5.2 bp −$522.4 bp −$224doesn'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−0.0722%1h4.7692−0.173%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0481%4h4.7635−0.293%$33K$2K10xas long as short
01 Exchange LITUSD−0.0424%1h4.7612−0.341%$33K$4K5xas long as short
Bullet LIT-USD−0.0353%1h4.7669−0.221%$85K$72K20xas long as short
OKX LIT-USDT-SWAP−0.0196%4h4.7698−0.161%$25.9M$63.7M50xas long as short
ApeX Omni LITUSDT−0.0161%1h4.7740−0.073%$57K$77K50xas long as short
KuCoin LITUSDTM−0.0138%4h4.7684−0.190%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7783+0.016%$676K$392K50xas long as short
GRVT LIT_USDT_Perp−0.0054%4h4.7731−0.093%$913K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7712−0.132%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7715−0.126%$32K$852K33xas long as short
dYdX LIT-USD+0.0003%1h4.7722−0.110%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7750−0.051%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.555%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0049%8h4.7667−0.226%$7K$2K5xas long as short
Nado LIT-PERP+0.0059%1h4.7665−0.230%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0092%1h4.7691−0.176%$451K$104K10xas long as short
Lighter LIT+0.0096%1h4.7757−0.038%$59.7M$30.0M5xas long as short
Aster LITUSDT+0.0100%4h4.7771−0.008%$12.8M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7721−0.113%$591K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7665−0.230%$76.2M$80.1M75xas long as short
Bybit LITUSDT+0.0100%4h4.7680−0.199%$42.9M$29.7M75xas long as short
Arcus LIT-USD+0.0100%1h4.7681−0.197%$118K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.7476−0.625%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7710−0.136%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7666−0.228%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7720−0.115%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7715−0.126%$691K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7665−0.230%$290K$310K10xas long as short
Derive LIT-PERP+0.0100%1h4.7733−0.087%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7675−0.209%$5K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7681−0.197%$1K$453K5xas long as short
HTX LIT-USDT+0.0100%4h4.7773−0.004%$191K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7700−0.157%$1.4M$2.7M20xas long as short
Extended LIT-USDshort+0.0104%1h4.7664−0.232%$5.2M$5.1M25x
Aevo LIT-PERP+0.0104%1h4.7715−0.125%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7697−0.163%$798K$2.0M5xas long as short
Lighter RH LITlong+0.0176%1h4.7775long leg$3.7M$13.7M5x
BloFin LIT-USDT+0.0340%4h4.7625−0.314%$1.6M$2.0M75xas long as short
Hyperliquid LIT+0.0341%1h4.7781+0.013%$214.5M$43.9M5xas long as short
Aftermath Perps LITUSD+0.0380%1h4.7655−0.252%$9K$204K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0399% / S −0.0189%1h4.7723−0.108%$64K50xas long as short