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

LIT

all LIT markets
SwapBacktest
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 +0.048%
Price spread now: Lighter RH against Polymarket Perps+0.125%46s7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.493%+$49 on $10k
Price spread, last 4 days (all we have)−1.597%−$160 · spread now +0.125%, 7d avg +0.119%
Together, before fees−1.104%+ Points / potential airdropLighter RH: Points live · farm board−$110 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LIT-USD4.70160.0100pay 0.0013% / 1h13m 45s$439K$110K10x
ShortLighter RH LIT4.70750.0096get 0.0012% / 1h13m 45s$3.7M$13.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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
−$0.84
Price spread: +0.125% → +0.119%
$0.68
Slippage, 4 orders
−$20
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$28.16
Costs to cover
0.280%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 49 min ago; Lighter RH: live order book, 5 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 Polymarket Perps live order book, 49 min ago3.51 bp9.9 bp −$1020.3 bp −$203doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago0.21 bp1.9 bp −$28.1 bp −$81doesn'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−0.0466%1h4.7034+0.039%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0382%4h4.6965−0.108%$32K$1K10xas long as short
01 Exchange LITUSD−0.0296%1h4.6976−0.085%$33K$4K5xas long as short
Bullet LIT-USD−0.0243%1h4.7002−0.029%$84K$68K20xas long as short
Gate LIT_USDT−0.0086%4h4.7100+0.179%$2.8M$4.3M50xas long as short
Phoenix LIT−0.0085%1h4.7480+0.987%$204K$341K5xas long as short
Coinbase International LIT-PERP-INTX−0.0024%1h4.6800−0.460%$611K$411K50xas long as short
Phemex LITUSDT−0.0009%4h4.7060+0.094%$1.4M$2.8M20xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7059+0.092%$11K150xas long as short
dYdX LIT-USD+0.0005%1h4.7041+0.052%$34K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LIT-USDT-SWAP+0.0022%4h4.7039+0.049%$25.3M$62.1M50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.178%$422$178K5.5xas long as short
KuCoin LITUSDTM+0.0044%4h4.7065+0.104%$5.2M$1.0M30xas long as short
Paradex LIT-USD-PERP+0.0074%8h4.7006−0.022%$7K$2K5xas long as short
GRVT LIT_USDT_Perp+0.0082%4h4.7444+0.910%$927K$1.7M10xas long as short
Bybit LITUSDT+0.0096%4h4.7030+0.030%$41.7M$28.7M75xas long as short
Lighter LIT+0.0096%1h4.7059+0.091%$58.6M$28.9M5xas long as short
Lighter RH LITshort+0.0096%1h4.7075+0.125%$3.7M$13.3M5x
ApeX Omni LITUSDT+0.0099%1h4.7460+0.944%$57K$76K50xas long as short
RISEx LIT/USDC+0.0099%1h4.7039+0.049%$791K$2.1M5xas long as short
Nado LIT-PERP+0.0100%1h4.7005−0.023%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7044+0.060%$210.2M$41.8M5xas long as short
Pacifica LIT+0.0100%1h4.7028+0.026%$581K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7007−0.019%$74.9M$79.0M75xas long as short
Arcus LIT-USD+0.0100%1h4.7040+0.051%$123K$454K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7003−0.028%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7030+0.030%$6.7M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7063+0.100%$669K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7387+0.788%$289K$305K10xas long as short
Polymarket Perps LIT-USDlong+0.0100%1h4.7016long leg$439K$110K10x
Derive LIT-PERP+0.0100%1h4.7068+0.111%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6981−0.074%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7045+0.062%$2K$400K5xas long as short
HTX LIT-USDT+0.0100%4h4.7445+0.912%$196K$380K30xas long as short
Bulk LIT-USD+0.0100%1h4.7305+0.615%$118K$97310xas long as short
Extended LIT-USD+0.0104%1h4.7014−0.004%$5.2M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7052+0.077%$147K3xas long as short
Aftermath Perps LITUSD+0.0177%1h4.7149+0.283%$9K$205K10xas long as short
Aster LITUSDT+0.0213%4h4.7074+0.123%$12.6M$2.0M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7038+0.047%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0415% / S −0.0213%1h4.7063+0.099%$63K50xas long as short
Perpl LIT+0.0447%43m4.7034+0.037%$31K$814K33xas long as short