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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h +0.032%
Price spread now: Lighter RH against Paradex+0.245%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 RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.245% dearer against Paradex than usual: you sell high and buy low: +$25 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-PERP4.77750.0045pay 0.0045% / 8h7h 38m$7K$2K5x
ShortLighter RH LIT4.78920.0152get 0.0019% / 1h38m 09s$3.7M$13.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$22.55
Price spread: +0.245% → 0.000%
$24.53
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$43.07
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Lighter RH: live order book, 6 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 RH live order book, 6 min ago0.32 bp0.3 bp $08.0 bp −$80doesn'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
Deribit LIT_USDC-PERPETUAL−0.0789%1h4.7791+0.033%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0511%4h4.7729−0.096%$33K$2K10xas long as short
01 Exchange LITUSD−0.0400%1h4.7738−0.077%$33K$4K5xas long as short
Bullet LIT-USD−0.0324%1h4.7796+0.044%$85K$75K20xas long as short
OKX LIT-USDT-SWAP−0.0232%4h4.7818+0.090%$26.0M$64.6M50xas long as short
KuCoin LITUSDTM−0.0140%4h4.7799+0.051%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7711−0.134%$674K$405K50xas long as short
Gate LIT_USDT−0.0052%4h4.7780+0.011%$2.8M$4.4M50xas long as short
ApeX Omni LITUSDT−0.0041%1h4.7650−0.261%$56K$77K50xas long as short
Phoenix LIT−0.0034%1h4.7652−0.257%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7848+0.154%$32K$858K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7848+0.153%$35K150xas long as short
dYdX LIT-USD+0.0006%1h4.7822+0.099%$34K5xas long as short
Nado LIT-PERP+0.0008%1h4.7782+0.014%$2.2M$1.7M10xas long as short
GRVT LIT_USDT_Perp+0.0030%4h4.7520−0.533%$913K$1.8M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.555%$422$178K5.5xas long as short
Phemex LITUSDT+0.0037%4h4.7780+0.011%$1.4M$2.7M20xas long as short
Paradex LIT-USD-PERPlong+0.0045%8h4.7775long leg$7K$2K5x
Backpack LIT_USDC_PERP+0.0086%1h4.7843+0.143%$689K$1.4M5xas long as short
Lighter LIT+0.0096%1h4.7862+0.182%$59.9M$29.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7853+0.164%$12.8M$2.3M50xas long as short
Pacifica LIT+0.0100%1h4.7802+0.057%$593K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7792+0.036%$76.2M$81.3M75xas long as short
Bybit LITUSDT+0.0100%4h4.7795+0.042%$43.1M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7804+0.061%$118K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7740−0.073%$119K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7772−0.006%$5.7M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7840+0.136%$6.8M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7597−0.371%$290K$307K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7804+0.061%$452K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7830+0.115%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7766−0.018%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7794+0.040%$998$463K5xas long as short
HTX LIT-USDT+0.0100%4h4.7843+0.143%$190K$347K30xas long as short
Extended LIT-USD+0.0104%1h4.77750.000%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7786+0.024%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7831+0.117%$815K$2.0M5xas long as short
Lighter RH LITshort+0.0152%1h4.7892+0.245%$3.7M$13.7M5x
Hyperliquid LIT+0.0261%1h4.7885+0.231%$214.8M$44.1M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7730−0.094%$1.6M$2.1M75xas long as short
Aftermath Perps LITUSD+0.0351%1h4.7601−0.363%$10K$205K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0395% / S −0.0183%1h4.7835+0.126%$64K50xas long as short