LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.038%

Price spread now: SoDEX against Lighter RH−0.263%7-day average −0.173% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on Lighter RH Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.217%−$22 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.263%, 7d avg −0.173%

Together, before fees−0.372%+ Points / potential airdropLighter RH: Points live · farm board−$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.090% cheaper against Lighter RH than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.173%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH LIT	4.8252	0.0240	pay 0.0030% / 1h	1m 42s	$3.8M	$12.4M	5x
Short	SoDEX LIT-USD	4.8125	0.0100	get 0.0013% / 1h	1m 42s	$1K	$326K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee Lighter RHbpFee SoDEXbpOrdersPrice spread, now −0.263%Rate

Funding earned: −$29.4
Price spread: −0.263% → −0.173%: −$9.01
Slippage, 4 orders: −$40.54
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$86.95
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 2 min ago; SoDEX: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 2 min ago	1.35 bp	4.8 bp −$5	15.4 bp −$154	doesn't fit	doesn't fit
Sell SoDEX live order book, 32 min ago	0.52 bp	20.0 bp −$20	54.0 bp −$540	doesn't fit	doesn't fit

LIT on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LIT_USDC	−0.0342%	4h	4.8080	−0.356%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0336%	1h	4.8080	−0.356%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7913	−0.703%	$607K	$318K	50x	as long as short
Bullet LIT-USD	−0.0178%	1h	4.8137	−0.238%	$86K	$64K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0126%	4h	4.8159	−0.193%	$26.1M	$57.4M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0026%	4h	4.8230	−0.046%	$892K	$2.0M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0016%	1h	4.8139	−0.234%	$42K	$29K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8122	−0.269%	$35K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.8163	−0.184%	$34K	$611K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8147	−0.218%	$36K	—	150x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0017%	1h	4.8284	+0.066%	$207K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.439%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0035%	1h	4.8240	−0.025%	$58K	$75K	50x	as long as short
Backpack LIT_USDC_PERP	+0.0070%	1h	4.8146	−0.220%	$688K	$962K	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8160	−0.191%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8226	−0.054%	$60.1M	$26.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8110	−0.294%	$2.1M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8251	−0.002%	$218.0M	$36.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8163	−0.184%	$649K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8152	−0.207%	$77.6M	$71.2M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8180	−0.149%	$41.9M	$26.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8182	−0.145%	$131K	$408K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8128	−0.258%	$122K	$2K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8170	−0.170%	$2.8M	$4.0M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8145	−0.222%	$6.3M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8180	−0.149%	$5.5M	$839K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8170	−0.170%	$6.9M	$2.3M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8246	−0.013%	$296K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8142	−0.228%	$448K	$84K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8119	−0.276%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.8125	−0.263%	$1K	$326K	5x
HTX LIT-USDT	+0.0100%	4h	4.8224	−0.058%	$194K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8150	−0.211%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8142	−0.228%	$5.0M	$5.5M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8131	−0.250%	$151K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.8180	−0.150%	$825K	$2.4M	5x	as long as short
Lighter RH LITlong	+0.0240%	1h	4.8252	long leg	$3.8M	$12.4M	5x
BloFin LIT-USDT	+0.0340%	4h	4.8200	−0.108%	$1.6M	$2.4M	75x	as long as short
Aster LITUSDT	+0.0344%	4h	4.8192	−0.124%	$12.9M	$1.9M	50x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.8148	−0.217%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0498%	1h	4.8184	−0.141%	$9K	$192K	10x	as long as short