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+0.0765%/8h= +83.8% APRpaid last 24h +0.105%
Price spread now: Lighter RH against OKX+0.192%7-day average +0.132% · 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−$21as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.511%+$51 on $10k
Price spread, last 7 days−0.113%−$11 · spread now +0.192%, 7d avg +0.132%
Together, before fees+0.398%+ Points / potential airdropLighter RH: Points live · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter RH is 0.060% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.511% in total (about 26.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LIT-USDT-SWAP4.6989−0.0437get 0.0218% / 4h1h 32m$25.2M$61.9M50x
ShortLighter RH LIT4.70790.0328get 0.0041% / 1h32m 23s$3.7M$13.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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
$160.63
Price spread: +0.192% → +0.132%
$5.99
Slippage, 4 orders
−$17.31
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$139.31
Costs to cover
0.273%
Break-even
0.9 days
Slippage from OKX: live order book, 1 min ago; Lighter RH: live order book, 1 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 OKX live order book, 1 min ago0.11 bp7.2 bp −$723.8 bp −$238doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago0.85 bp7.3 bp −$714.3 bp −$143doesn'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
Gate LIT_USDT−0.1132%4h4.7000+0.023%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0832%1h4.7001+0.026%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0754%1h4.7024+0.074%$660K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0630%4h4.6948−0.087%$32K$2K10xas long as short
01 Exchange LITUSD−0.0576%1h4.6912−0.164%$33K$4K5xas long as short
Phemex LITUSDT−0.0537%4h4.6980−0.019%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAPlong−0.0437%4h4.6989long leg$25.2M$61.9M50x
Bullet LIT-USD−0.0331%1h4.6984−0.010%$85K$81K20xas long as short
Bybit LITUSDT−0.0299%4h4.7010+0.045%$42.5M$30.2M75xas long as short
KuCoin LITUSDTM−0.0294%4h4.6956−0.070%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0235%1h4.7072+0.176%$10K$201K10xas long as short
GRVT LIT_USDT_Perp−0.0186%4h4.6990+0.002%$898K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7094+0.224%$666K$398K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7011+0.047%$783K$2.1M5xas long as short
Nado LIT-PERP−0.0035%1h4.6936−0.112%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7044+0.117%$243K$327K5xas long as short
Paradex LIT-USD-PERP−0.0007%8h4.6952−0.079%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7023+0.073%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7042+0.114%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.237%$422$178K5.5xas long as short
SoDEX LIT-USD+0.0049%1h4.7015+0.055%$1K$465K5xas long as short
Binance LITUSDT+0.0053%4h4.6975−0.030%$74.5M$80.9M75xas long as short
MEXC LIT_USDT+0.0056%4h4.6943−0.098%$5.5M$4.2M100xas long as short
edgeX LITUSDC+0.0057%4h4.6995+0.014%$286K$311K10xas long as short
Aevo LIT-PERP+0.0072%1h4.6999+0.022%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7055+0.140%$59.2M$29.5M5xas long as short
Hyperliquid LIT+0.0100%1h4.7042+0.113%$209.7M$44.2M5xas long as short
Aster LITUSDT+0.0100%4h4.7033+0.094%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7002+0.028%$578K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.6991+0.004%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7148+0.338%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7020+0.066%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7000+0.023%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6980−0.019%$444K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7051+0.131%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.6994+0.011%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7133+0.306%$188K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.6984−0.011%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0228%4h4.6978−0.023%$1.5M$2.0M75xas long as short
Lighter RH LITshort+0.0328%1h4.7079+0.192%$3.7M$13.6M5x
Perpl LIT+0.0335%43m4.7011+0.047%$31K$838K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7042+0.113%$59K50xas long as short