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+0.0094%/8h= +10.3% APRpaid last 24h +0.009%
Price spread now: Lighter against Paradex+0.214%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.214% dearer against Paradex than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LIT-USD-PERP4.73750.0002pay 0.0002% / 8h1h 09m$7K$2K5x
ShortLighter LIT4.74770.0096get 0.0012% / 1h9m 39s$59.8M$30.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Paradex. 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
$19.81
Price spread: +0.214% → 0.000%
$21.43
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$37.24
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Lighter live order book, 9 min ago0.11 bp4.0 bp −$48.1 bp −$81doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1188%4h4.7500+0.263%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0810%1h4.7495+0.252%$42K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0659%1h4.7485+0.231%$666K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0626%4h4.7443+0.142%$32K$2K10xas long as short
01 Exchange LITUSD−0.0560%1h4.7447+0.151%$33K$4K5xas long as short
Phemex LITUSDT−0.0505%4h4.7470+0.199%$1.4M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0468%4h4.7397+0.045%$25.7M$63.3M50xas long as short
Bullet LIT-USD−0.0329%1h4.7492+0.246%$85K$81K20xas long as short
Aftermath Perps LITUSD−0.0251%1h4.7246−0.272%$10K$202K10xas long as short
Bybit LITUSDT−0.0245%4h4.7416+0.086%$42.8M$30.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTM−0.0238%4h4.7447+0.151%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7507+0.277%$672K$401K50xas long as short
GRVT LIT_USDT_Perp−0.0134%4h4.7261−0.241%$900K$1.8M10xas long as short
RISEx LIT/USDC−0.0082%1h4.7536+0.338%$813K$2.1M5xas long as short
Phoenix LIT−0.0034%1h4.7192−0.387%$204K$327K5xas long as short
Nado LIT-PERP−0.0006%1h4.7505+0.273%$2.2M$1.7M10xas long as short
dYdX LIT-USD0.0000%1h4.7493+0.248%$34K5xas long as short
Perpl LIT0.0000%43m4.7515+0.294%$32K$839K33xas long as short
Paradex LIT-USD-PERPlong+0.0002%8h4.7375long leg$7K$2K5x
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7552+0.372%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.403%$422$178K5.5xas long as short
Binance LITUSDT+0.0056%4h4.7399+0.050%$75.3M$81.0M75xas long as short
MEXC LIT_USDT+0.0060%4h4.7384+0.018%$5.7M$4.2M100xas long as short
edgeX LITUSDC+0.0061%4h4.7175−0.424%$287K$309K10xas long as short
Aevo LIT-PERP+0.0072%1h4.7470+0.200%$148K$44K3xas long as short
Lighter LITshort+0.0096%1h4.7477+0.214%$59.8M$30.0M5x
Hyperliquid LIT+0.0100%1h4.7541+0.350%$212.4M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7476+0.212%$12.7M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7459+0.176%$615K$1.6M10xas long as short
Arcus LIT-USD+0.0100%1h4.7421+0.096%$118K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7396+0.043%$118K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7440+0.136%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7280−0.202%$55K$76K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7524+0.313%$449K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7547+0.362%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7460+0.178%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7450+0.157%$994$465K5xas long as short
HTX LIT-USDT+0.0100%4h4.7467+0.193%$190K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7425+0.105%$5.2M$5.1M25xas long as short
Lighter RH LIT+0.0192%1h4.7534+0.335%$3.7M$13.8M5xas long as short
BloFin LIT-USDT+0.0249%4h4.7426+0.107%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0378% / S −0.0169%1h4.7548+0.364%$62K50xas long as short