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−0.0310%/8h= −33.9% APRpaid last 24h −0.065%
Price spread now: KuCoin against Lighter RH−0.186%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.598% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.359%−$36 on $10k
Price spread, last 7 days+0.141%+$14 · spread now −0.186%, 7d avg −0.118%
Together, before fees−0.217%+ Points / potential airdropLighter RH: Points live · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.068% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.78840.0176pay 0.0022% / 1h36m 02s$3.7M$13.7M5x
ShortKuCoin LITUSDTM4.7795−0.0134pay 0.0067% / 4h3h 36m$5.3M$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$65.1
Price spread: −0.186% → −0.118%
−$6.75
Slippage, 4 orders
−$47.78
Fee Lighter RH: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$131.63
Costs to cover
0.598%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago2.30 bp4.0 bp −$413.7 bp −$137doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago5.96 bp18.8 bp −$19129.1 bp −$1,291doesn'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−0.0803%1h4.7797−0.181%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0512%4h4.7748−0.284%$33K$2K10xas long as short
01 Exchange LITUSD−0.0408%1h4.7745−0.290%$33K$4K5xas long as short
Bullet LIT-USD−0.0341%1h4.7776−0.226%$85K$75K20xas long as short
OKX LIT-USDT-SWAP−0.0226%4h4.7805−0.165%$26.0M$64.6M50xas long as short
KuCoin LITUSDTMshort−0.0134%4h4.7795−0.186%$5.3M$1.1M30x
Coinbase International LIT-PERP-INTX−0.0088%1h4.7831−0.111%$676K$406K50xas long as short
Phoenix LIT−0.0034%1h4.7765−0.249%$208K$361K5xas long as short
ApeX Omni LITUSDT−0.0032%1h4.7740−0.301%$56K$77K50xas long as short
Perpl LIT0.0000%43m4.7847−0.077%$32K$858K33xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7838−0.095%$35K150xas long as short
dYdX LIT-USD+0.0005%1h4.7863−0.044%$34K5xas long as short
Nado LIT-PERP+0.0016%1h4.7801−0.174%$2.2M$1.7M10xas long as short
Phemex LITUSDT+0.0024%4h4.7790−0.196%$1.4M$2.7M20xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.326%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0042%8h4.7790−0.197%$7K$2K5xas long as short
GRVT LIT_USDT_Perp+0.0048%4h4.7763−0.252%$918K$1.8M10xas long as short
Lighter LIT+0.0096%1h4.7881−0.006%$59.9M$29.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7892+0.017%$12.8M$2.3M50xas long as short
Pacifica LIT+0.0100%1h4.7813−0.148%$594K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7773−0.232%$76.2M$81.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.7794−0.188%$43.1M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7812−0.150%$118K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7740−0.301%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7800−0.175%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7780−0.217%$5.7M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7830−0.113%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7837−0.098%$689K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7664−0.459%$290K$308K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7791−0.194%$452K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7843−0.087%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7753−0.274%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7797−0.182%$1K$462K5xas long as short
HTX LIT-USDT+0.0100%4h4.7843−0.086%$191K$346K30xas long as short
Extended LIT-USD+0.0104%1h4.7775−0.228%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7788−0.201%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7832−0.108%$806K$2.0M5xas long as short
Lighter RH LITlong+0.0176%1h4.7884long leg$3.7M$13.7M5x
Hyperliquid LIT+0.0279%1h4.7899+0.031%$214.9M$44.1M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7744−0.292%$1.6M$2.1M75xas long as short
Aftermath Perps LITUSD+0.0357%1h4.7682−0.421%$10K$205K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0395% / S −0.0183%1h4.7831−0.110%$64K50xas long as short