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−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.013%
Price spread now: Lighter against SoDEX+0.166%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$500.497% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.128%+$13 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.166%, 7d avg +0.130%
Together, before fees+0.178%+ Points / potential airdropLighter: Season 3 · farm board+$18 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 0.036% dearer against SoDEX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX LIT-USD4.77010.0100pay 0.0013% / 1h8m 27s$1K$453K5x
ShortLighter LIT4.77800.0096get 0.0012% / 1h8m 27s$59.7M$30.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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: +0.166% → +0.130%
$3.56
Slippage, 4 orders
−$41.68
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$46.96
Costs to cover
0.497%
Break-even
never at this rate
Slippage from SoDEX: live order book, 65 min ago; Lighter: live order book, 6 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 SoDEX live order book, 65 min ago0.11 bp19.3 bp −$1948.7 bp −$487doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.52 bp6.0 bp −$616.5 bp −$165doesn'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−0.0864%1h4.77010.000%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0479%4h4.7649−0.109%$33K$2K10xas long as short
01 Exchange LITUSD−0.0440%1h4.7650−0.107%$33K$4K5xas long as short
Bullet LIT-USD−0.0372%1h4.7693−0.017%$85K$72K20xas long as short
OKX LIT-USDT-SWAP−0.0196%4h4.7730+0.061%$26.0M$63.7M50xas long as short
ApeX Omni LITUSDT−0.0186%1h4.7690−0.023%$57K$77K50xas long as short
KuCoin LITUSDTM−0.0138%4h4.7719+0.038%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7783+0.171%$676K$392K50xas long as short
GRVT LIT_USDT_Perp−0.0072%4h4.7657−0.093%$912K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7775+0.155%$208K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7756+0.115%$32K$849K33xas long as short
dYdX LIT-USD+0.0002%1h4.7762+0.129%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7753+0.110%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.711%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0045%8h4.7675−0.053%$7K$2K5xas long as short
Polymarket Perps LIT-USD+0.0075%1h4.7714+0.027%$451K$104K10xas long as short
Nado LIT-PERP+0.0082%1h4.7685−0.034%$2.2M$1.7M10xas long as short
Lighter LITshort+0.0096%1h4.7780+0.166%$59.7M$30.0M5x
Aster LITUSDT+0.0100%4h4.7758+0.119%$12.8M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7720+0.040%$591K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7678−0.049%$76.2M$79.9M75xas long as short
Bybit LITUSDT+0.0100%4h4.7692−0.019%$42.9M$29.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7708+0.015%$118K$448K5xas long as short
Bulk LIT-USD+0.0100%1h4.7476−0.471%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7710+0.019%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7675−0.055%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7740+0.082%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7730+0.061%$691K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7637−0.134%$290K$308K10xas long as short
Derive LIT-PERP+0.0100%1h4.7754+0.111%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7694−0.015%$4K$1.2M20xas long as short
SoDEX LIT-USDlong+0.0100%1h4.7701long leg$1K$453K5x
HTX LIT-USDT+0.0100%4h4.7699−0.004%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7680−0.044%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7674−0.056%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7683−0.038%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7732+0.065%$795K$2.0M5xas long as short
Lighter RH LIT+0.0160%1h4.7791+0.189%$3.7M$13.7M5xas long as short
Hyperliquid LIT+0.0321%1h4.7802+0.212%$214.6M$43.8M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7661−0.084%$1.6M$2.0M75xas long as short
Aftermath Perps LITUSD+0.0352%1h4.7709+0.016%$9K$204K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0400% / S −0.0190%1h4.7739+0.080%$64K50xas long as short