Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.019%

Price spread now: Lighter RH against MEXC+0.251%7-day average +0.157% · you sell dearer than you buy

Net, funding: paid 7d − costs+$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3as in the Price arb table

costs, in and out, $10k−$120.120% of the position

Long on MEXC Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.357%+$36 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.251%, 7d avg +0.157%

Together, before fees+0.190%+ Points / potential airdropLighter RH: Points live · farm board+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.095% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.157%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIT_USDT	4.7772	0.0100	pay 0.0050% / 4h	3h 37m	$5.7M	$4.1M	100x
Short	Lighter RH LIT	4.7892	0.0152	get 0.0019% / 1h	37m 59s	$3.7M	$13.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against MEXC. 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 MEXCbpFee Lighter RHbpOrdersPrice spread, now +0.251%Rate

Funding earned: $10.92
Price spread: +0.251% → +0.157%: $9.45
Slippage, 4 orders: −$7.98
Fee MEXC: 2 bp × 2 orders: −$4
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $8.39
Costs to cover: 0.120%
Break-even: 1.6 days

Slippage from MEXC: live order book, 5 min ago; Lighter RH: live order book, 6 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 MEXC live order book, 5 min ago	0.10 bp	4.0 bp −$4	52.8 bp −$528	326.7 bp −$32.7K	doesn't fit
Sell Lighter RH live order book, 6 min ago	0.32 bp	0.3 bp $0	8.0 bp −$80	doesn't fit	doesn't fit

LIT on 42 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
Deribit LIT_USDC-PERPETUAL	−0.0789%	1h	4.7791	+0.039%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0511%	4h	4.7729	−0.090%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7738	−0.071%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0324%	1h	4.7796	+0.050%	$85K	$75K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0232%	4h	4.7832	+0.126%	$26.0M	$64.6M	50x	as long as short
KuCoin LITUSDTM	−0.0140%	4h	4.7799	+0.057%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7711	−0.128%	$674K	$405K	50x	as long as short
Gate LIT_USDT	−0.0052%	4h	4.7790	+0.038%	$2.8M	$4.4M	50x	as long as short
ApeX Omni LITUSDT	−0.0041%	1h	4.7650	−0.255%	$56K	$77K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7652	−0.251%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7848	+0.160%	$32K	$858K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7848	+0.159%	$35K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7822	+0.105%	$34K	—	5x	as long as short
Nado LIT-PERP	+0.0008%	1h	4.7782	+0.020%	$2.2M	$1.7M	10x	as long as short
GRVT LIT_USDT_Perp	+0.0030%	4h	4.7520	−0.528%	$913K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.561%	$422	$178K	5.5x	as long as short
Phemex LITUSDT	+0.0037%	4h	4.7780	+0.017%	$1.4M	$2.7M	20x	as long as short
Paradex LIT-USD-PERP	+0.0045%	8h	4.7775	+0.006%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0086%	1h	4.7843	+0.149%	$689K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7862	+0.188%	$59.9M	$29.7M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7891	+0.249%	$12.8M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7802	+0.063%	$593K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7797	+0.052%	$76.2M	$81.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7811	+0.082%	$43.1M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7804	+0.067%	$118K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7740	−0.067%	$119K	$1K	10x	as long as short
MEXC LIT_USDTlong	+0.0100%	4h	4.7772	long leg	$5.7M	$4.1M	100x
Bitget LITUSDT	+0.0100%	4h	4.7850	+0.163%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7597	−0.366%	$290K	$307K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7804	+0.067%	$452K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7830	+0.121%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7766	−0.013%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7794	+0.046%	$998	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7843	+0.149%	$190K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7795	+0.048%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7786	+0.030%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7831	+0.123%	$815K	$2.0M	5x	as long as short
Lighter RH LITshort	+0.0152%	1h	4.7892	+0.251%	$3.7M	$13.7M	5x
Hyperliquid LIT	+0.0267%	1h	4.7914	+0.297%	$214.9M	$44.1M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7730	−0.088%	$1.6M	$2.1M	75x	as long as short
Aftermath Perps LITUSD	+0.0351%	1h	4.7601	−0.357%	$10K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0395% / S −0.0183%	1h	4.7835	+0.132%	$64K	—	50x	as long as short