Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.019%

Price spread now: Lighter RH against SunX+0.595%7-day average +0.179% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.248%+$25 on $10k

Price spread, last 3 days (all we have)−0.437%−$44 · spread now +0.595%, 7d avg +0.179%

Together, before fees−0.188%+ Points / potential airdropLighter RH: Points live · farm board−$19 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 0.416% dearer against SunX than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.179%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7589	0.0100	pay 0.0050% / 4h	3h 38m	$4K	$1.2M	20x
Short	Lighter RH LIT	4.7872	0.0152	get 0.0019% / 1h	38m 44s	$3.7M	$13.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee Lighter RHbpOrdersPrice spread, now +0.595%Rate

Funding earned: $10.92
Price spread: +0.595% → +0.179%: $41.59
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $44.51
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 5 min ago; Lighter RH: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 5 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	0.32 bp	0.3 bp $0	8.0 bp −$80	doesn't fit	doesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0697%	1h	4.7762	+0.364%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0510%	4h	4.7716	+0.267%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7605	+0.034%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0322%	1h	4.7749	+0.337%	$85K	$77K	20x	as long as short
Gate LIT_USDT	−0.0242%	4h	4.7740	+0.317%	$2.8M	$4.4M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0232%	4h	4.7804	+0.452%	$26.0M	$64.6M	50x	as long as short
KuCoin LITUSDTM	−0.0140%	4h	4.7794	+0.431%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7653	+0.134%	$674K	$404K	50x	as long as short
Phemex LITUSDT	−0.0059%	4h	4.7750	+0.338%	$1.4M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	−0.0041%	1h	4.7650	+0.128%	$56K	$77K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.7652	+0.132%	$207K	$361K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7690	+0.212%	$32K	$858K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7812	+0.468%	$35K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7822	+0.490%	$34K	—	5x	as long as short
Nado LIT-PERP	+0.0016%	1h	4.7725	+0.285%	$2.2M	$1.7M	10x	as long as short
GRVT LIT_USDT_Perp	+0.0030%	4h	4.7520	−0.145%	$913K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.948%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0045%	8h	4.7775	+0.390%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0048%	1h	4.7786	+0.414%	$688K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7862	+0.574%	$59.8M	$29.7M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7853	+0.555%	$12.8M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7802	+0.448%	$593K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7766	+0.372%	$76.2M	$81.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7793	+0.429%	$43.1M	$30.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7641	+0.109%	$118K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7141	−0.941%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7779	+0.399%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7820	+0.485%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7597	+0.018%	$290K	$307K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7802	+0.448%	$452K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7810	+0.464%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7589	long leg	$4K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7775	+0.391%	$997	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7686	+0.204%	$190K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7775	+0.391%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7744	+0.326%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7672	+0.174%	$813K	$2.0M	5x	as long as short
Lighter RH LITshort	+0.0152%	1h	4.7872	+0.595%	$3.7M	$13.7M	5x
Hyperliquid LIT	+0.0256%	1h	4.7893	+0.639%	$214.8M	$44.1M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7730	+0.296%	$1.6M	$2.1M	75x	as long as short
Aftermath Perps LITUSD	+0.0345%	1h	4.7550	−0.081%	$10K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0394% / S −0.0183%	1h	4.7794	+0.431%	$64K	—	50x	as long as short