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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: Lighter against Lighter RH−0.021%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.228% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 7 days−0.028%−$3 · spread now −0.021%, 7d avg −0.044%
Together, before fees−0.172%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board−$17 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 0.023% dearer against Lighter RH than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.74150.0096pay 0.0012% / 1h30m 37s$3.6M$12.0M5x
ShortLighter LIT4.74050.0096get 0.0012% / 1h30m 37s$59.1M$23.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$0
Price spread: −0.021% → −0.044%
$2.27
Slippage, 4 orders
−$22.77
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$20.5
Costs to cover
0.228%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Lighter: live order book, 12 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 ago3.44 bp6.2 bp −$623.0 bp −$230doesn't fitdoesn't fit
Sell Lighter live order book, 12 min ago0.73 bp2.8 bp −$314.2 bp −$142doesn't fitdoesn't fit

LIT on 41 exchanges

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−0.0787%1h4.7306−0.231%$42K$19K10xas long as short
Orderly PERP_LIT_USDC−0.0360%4h4.7267−0.312%$32K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0296%1h4.7269−0.307%$599K$296K50xas long as short
01 Exchange LITUSD−0.0248%1h4.7275−0.295%$31K$3K5xas long as short
Bullet LIT-USD−0.0165%1h4.7320−0.201%$84K$44K20xas long as short
OKX LIT-USDT-SWAP−0.0075%4h4.7376−0.082%$25.8M$53.9M50xas long as short
Gate LIT_USDT−0.0048%4h4.7390−0.053%$2.8M$3.6M50xas long as short
Backpack LIT_USDC_PERP−0.0011%1h4.7321−0.198%$675K$874K5xas long as short
GRVT LIT_USDT_Perp−0.0008%4h4.7359−0.118%$878K$1.9M10xas long as short
dYdX LIT-USD0.0000%1h4.7409−0.013%$34K5xas long as short
Show all 41 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7385−0.063%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.318%$422$178K5.5xas long as short
Phoenix LIT+0.0083%1h4.7335−0.169%$203K$268K5xas long as short
Pacifica LIT+0.0092%1h4.7373−0.089%$630K$1.5M10xas long as short
Paradex LIT-USD-PERP+0.0092%8h4.7350−0.138%$7K$1K5xas long as short
Lighter LITshort+0.0096%1h4.7405−0.021%$59.1M$23.7M5x
Lighter RH LITlong+0.0096%1h4.7415long leg$3.6M$12.0M5x
Nado LIT-PERP+0.0100%1h4.7305−0.232%$2.1M$1.5M10xas long as short
Hyperliquid LIT+0.0100%1h4.7394−0.044%$213.7M$35.3M5xas long as short
Binance LITUSDT+0.0100%4h4.7330−0.179%$76.4M$66.4M75xas long as short
Bybit LITUSDT+0.0100%4h4.7351−0.135%$41.0M$25.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7384−0.065%$133K$366K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7336−0.167%$6.2M$3.6M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7382−0.070%$5.4M$665K30xas long as short
Bitget LITUSDT+0.0100%4h4.7360−0.116%$6.8M$2.2M20xas long as short
edgeX LITUSDC+0.0100%4h4.7353−0.131%$291K$301K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7580+0.348%$57K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7348−0.141%$453K$128K10xas long as short
SunX LIT-USDT+0.0100%4h4.7270−0.306%$4K$1.0M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7310−0.221%$4K$302K5xas long as short
HTX LIT-USDT+0.0100%4h4.7357−0.122%$190K$258K30xas long as short
Phemex LITUSDT+0.0100%4h4.7300−0.243%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0100%1h4.7728+0.661%$157K$41K10xas long as short
Extended LIT-USD+0.0104%1h4.7340−0.158%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7301−0.240%$148K3xas long as short
Perpl LIT+0.0112%43m4.7383−0.068%$28K$553K33xas long as short
RISEx LIT/USDC+0.0176%1h4.7348−0.142%$787K$2.4M5xas long as short
Aster LITUSDT+0.0254%4h4.7424+0.019%$12.7M$1.8M50xas long as short
Aftermath Perps LITUSD+0.0266%1h4.7686+0.571%$8K$191K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7316−0.209%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0421% / S −0.0217%1h4.7355−0.127%$63K50xas long as short