LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.012%

Price spread now: Lighter against Pacifica+0.098%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$310.312% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.098%, 7d avg +0.063%

Together, before fees+0.109%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$11 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 0.035% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.6846	0.0100	pay 0.0013% / 1h	43m 41s	$581K	$1.6M	10x
Short	Lighter LIT	4.6892	0.0096	get 0.0012% / 1h	43m 41s	$58.5M	$28.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$0.84
Price spread: +0.098% → +0.063%: $3.53
Slippage, 4 orders: −$23.25
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$28.55
Costs to cover: 0.312%
Break-even: never at this rate

Slippage from Pacifica: live order book, just now; Lighter: live order book, 5 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 Pacifica live order book, just now	4.27 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.75 bp	6.7 bp −$7	23.8 bp −$238	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
Orderly PERP_LIT_USDC	−0.0396%	4h	4.6783	−0.134%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0340%	1h	4.6816	−0.064%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.6796	−0.107%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0177%	1h	4.6851	+0.010%	$41K	$40K	10x	as long as short
ApeX Omni LITUSDT	−0.0160%	1h	4.6710	−0.290%	$56K	$77K	50x	as long as short
Gate LIT_USDT	−0.0094%	4h	4.6830	−0.034%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6728	−0.252%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.099%	$657K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0020%	4h	4.6816	−0.064%	$25.3M	$61.5M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0016%	4h	4.6690	−0.333%	$905K	$1.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0014%	4h	4.6802	−0.094%	$5.2M	$1.1M	30x	as long as short
Phemex LITUSDT	−0.0006%	4h	4.6780	−0.141%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6868	+0.047%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0015%	1h	4.6811	−0.074%	$34K	—	5x	as long as short
Backpack LIT_USDC_PERP	+0.0028%	1h	4.6862	+0.034%	$679K	$1.4M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.549%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0065%	8h	4.6793	−0.113%	$7K	$2K	5x	as long as short
Bulk LIT-USD	+0.0089%	1h	4.6805	−0.086%	$117K	$2K	10x	as long as short
Lighter LITshort	+0.0096%	1h	4.6892	+0.098%	$58.5M	$28.6M	5x
RISEx LIT/USDC	+0.0099%	1h	4.6829	−0.036%	$781K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6790	−0.120%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6892	+0.098%	$209.4M	$41.2M	5x	as long as short
Pacifica LITlong	+0.0100%	1h	4.6846	long leg	$581K	$1.6M	10x
Binance LITUSDT	+0.0100%	4h	4.6824	−0.047%	$74.4M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6816	−0.064%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6798	−0.102%	$117K	$446K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6815	−0.066%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6830	−0.034%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6665	−0.387%	$284K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6823	−0.049%	$443K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6870	+0.052%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6808	−0.081%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6835	−0.023%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6874	+0.060%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6788	−0.124%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6822	−0.050%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0136%	1h	4.6885	+0.083%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0175%	4h	4.6874	+0.060%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0260%	1h	4.6804	−0.089%	$9K	$210K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6784	−0.132%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0409% / S −0.0206%	1h	4.6861	+0.032%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6831	−0.031%	$31K	$828K	33x	as long as short