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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.017%
Price spread now: MEXC against Lighter RH−0.213%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$170.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.355%−$36 on $10k
Price spread, last 7 days+0.123%+$12 · spread now −0.213%, 7d avg −0.156%
Together, before fees−0.232%+ Points / potential airdropLighter RH: Points live · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.057% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.156%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.70520.0288pay 0.0036% / 1h30m 01s$3.7M$13.6M5x
ShortMEXC LIT_USDT4.69520.0052get 0.0026% / 4h1h 30m$5.5M$4.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$49.56
Price spread: −0.213% → −0.156%
−$5.66
Slippage, 4 orders
−$13.41
Fee Lighter RH: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$72.63
Costs to cover
0.174%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; MEXC: 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, 4 min ago0.85 bp3.4 bp −$313.1 bp −$131doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.11 bp2.8 bp −$347.9 bp −$479296.6 bp −$29.7Kdoesn'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
Gate LIT_USDT−0.1180%4h4.6980−0.153%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0828%1h4.6981−0.150%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0789%1h4.6996−0.119%$660K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0634%4h4.6931−0.257%$32K$2K10xas long as short
01 Exchange LITUSD−0.0584%1h4.6937−0.244%$33K$4K5xas long as short
Phemex LITUSDT−0.0566%4h4.6940−0.238%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0441%4h4.6985−0.142%$25.2M$62.0M50xas long as short
Bullet LIT-USD−0.0337%1h4.6985−0.142%$85K$81K20xas long as short
Bybit LITUSDT−0.0317%4h4.6990−0.132%$42.5M$30.2M75xas long as short
KuCoin LITUSDTM−0.0302%4h4.6973−0.168%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0225%1h4.7055+0.007%$10K$201K10xas long as short
GRVT LIT_USDT_Perp−0.0186%4h4.6990−0.132%$898K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7094+0.089%$666K$398K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7028−0.050%$784K$2.1M5xas long as short
Nado LIT-PERP−0.0035%1h4.6988−0.136%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7044−0.017%$243K$327K5xas long as short
Paradex LIT-USD-PERP−0.0007%8h4.6958−0.201%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7024−0.059%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7032−0.042%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.100%$422$178K5.5xas long as short
SoDEX LIT-USD+0.0041%1h4.6975−0.164%$1K$465K5xas long as short
Binance LITUSDT+0.0051%4h4.6975−0.164%$74.5M$80.9M75xas long as short
MEXC LIT_USDTshort+0.0052%4h4.6952−0.213%$5.5M$4.2M100x
edgeX LITUSDC+0.0056%4h4.7033−0.040%$286K$311K10xas long as short
Aevo LIT-PERP+0.0064%1h4.6955−0.206%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7037−0.032%$59.2M$29.6M5xas long as short
Hyperliquid LIT+0.0100%1h4.7029−0.049%$209.6M$44.2M5xas long as short
Aster LITUSDT+0.0100%4h4.7008−0.094%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7003−0.104%$578K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.6998−0.115%$117K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.6948−0.220%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7020−0.068%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7060+0.017%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7006−0.098%$444K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7028−0.051%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.7015−0.079%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7047−0.011%$188K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.6984−0.145%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0213%4h4.6942−0.234%$1.5M$2.0M75xas long as short
Lighter RH LITlong+0.0288%1h4.7052long leg$3.7M$13.6M5x
Perpl LIT+0.0335%43m4.7014−0.081%$31K$839K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7031−0.044%$59K50xas long as short