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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter RH against Pacifica+0.203%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$260.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.325%+$32 on $10k
Price spread, last 7 days−0.217%−$22 · spread now +0.203%, 7d avg +0.109%
Together, before fees+0.107%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$11 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 0.094% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LIT4.79480.0100pay 0.0013% / 1h46m 54s$770K$1.8M10x
ShortLighter RH LIT4.80450.0168get 0.0021% / 1h46m 54s$3.7M$12.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
$14.28
Price spread: +0.203% → +0.109%
$9.43
Slippage, 4 orders
−$17.7
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$1.99
Costs to cover
0.257%
Break-even
8.0 days
Slippage from Pacifica: live order book, 2 min ago; Lighter RH: 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 Pacifica live order book, 2 min ago2.71 bp9.9 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago2.08 bp5.6 bp −$613.0 bp −$130doesn'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
Deribit LIT_USDC-PERPETUAL−0.0582%1h4.7934−0.029%$42K$40K10xas long as short
01 Exchange LITUSD−0.0400%1h4.7931−0.035%$31K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0362%4h4.7879−0.143%$33K$1K10xas long as short
Coinbase International LIT-PERP-INTX−0.0344%1h4.7780−0.350%$605K$347K50xas long as short
Bullet LIT-USD−0.0242%1h4.7944−0.007%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0137%4h4.7983+0.074%$25.7M$60.0M50xas long as short
GRVT LIT_USDT_Perp−0.0084%4h4.8080+0.276%$887K$2.0M10xas long as short
Bybit LITUSDT−0.0005%4h4.7960+0.026%$41.7M$28.0M75xas long as short
dYdX LIT-USD0.0000%1h4.7960+0.027%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7992+0.092%$11K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LIT/USDC PERP+0.0033%1h4.8040+0.193%$422$178K5.5xas long as short
Phoenix LIT+0.0050%1h4.8127+0.374%$206K$293K5xas long as short
RISEx LIT/USDC+0.0064%1h4.7984+0.076%$803K$2.3M5xas long as short
Phemex LITUSDT+0.0082%4h4.7940−0.016%$1.4M$2.8M20xas long as short
Paradex LIT-USD-PERP+0.0090%8h4.7928−0.041%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7999+0.107%$59.7M$26.4M5xas long as short
Nado LIT-PERP+0.0100%1h4.7935−0.026%$2.2M$1.6M10xas long as short
Pacifica LITlong+0.0100%1h4.7948long leg$770K$1.8M10x
Binance LITUSDT+0.0100%4h4.7945−0.006%$76.9M$74.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7963+0.032%$125K$446K5xas long as short
Bulk LIT-USD+0.0100%1h4.8008+0.126%$120K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7960+0.026%$2.8M$4.1M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7930−0.037%$5.9M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7990+0.088%$5.5M$960K30xas long as short
Bitget LITUSDT+0.0100%4h4.7990+0.088%$6.8M$2.5M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7977+0.061%$766K$942K5xas long as short
edgeX LITUSDC+0.0100%4h4.7958+0.021%$293K$303K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.8010+0.130%$57K$73K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7963+0.032%$450K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7975+0.058%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7923−0.051%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7940−0.016%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.7999+0.107%$200K$298K30xas long as short
Extended LIT-USD+0.0104%1h4.7921−0.056%$5.1M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7928−0.041%$150K3xas long as short
Lighter RH LITshort+0.0168%1h4.8045+0.203%$3.7M$12.7M5x
Aster LITUSDT+0.0178%4h4.8033+0.177%$12.9M$1.9M50xas long as short
Hyperliquid LIT+0.0288%1h4.8037+0.186%$216.8M$39.0M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7923−0.051%$1.6M$2.3M75xas long as short
Aftermath Perps LITUSD+0.0365%1h4.7936−0.024%$9K$205K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7988+0.085%$64K50xas long as short
Perpl LIT+0.0447%43m4.7989+0.087%$32K$654K33xas long as short