LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.004%

Price spread now: Lighter against Aevo+0.166%7-day average +0.150% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on Aevo Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.166%, 7d avg +0.150%

Together, before fees+0.262%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LIT-PERP	4.7796	0.0104	pay 0.0013% / 1h	27m 12s	$149K	—	3x
Short	Lighter LIT	4.7875	0.0096	get 0.0012% / 1h	27m 12s	$59.7M	$27.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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 AevobpFee LighterbpOrdersPrice spread, now +0.166%Rate

Funding earned: −$1.68
Price spread: +0.166% → +0.150%: $1.62
Slippage, 4 orders: −$50.07
Fee Aevo: 8 bp × 2 orders: −$16
Fee Lighter: 0 bp × 2 orders: $0
Net: −$66.13
Costs to cover: 0.661%
Break-even: never at this rate

Slippage from Aevo: live order book, 22 min ago; Lighter: live order book, 7 min ago.

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 Aevo live order book, 22 min ago	14.75 bp	27.6 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 7 min ago	0.42 bp	3.9 bp −$4	12.2 bp −$122	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−1.036%	$612K	$347K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0360%	4h	4.7777	−0.039%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0314%	1h	4.7814	+0.039%	$42K	$40K	10x	as long as short
Phemex LITUSDT	−0.0311%	4h	4.7800	+0.009%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0240%	1h	4.7812	+0.035%	$31K	$4K	5x	as long as short
Bullet LIT-USD	−0.0171%	1h	4.7815	+0.041%	$86K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0152%	4h	4.7741	−0.113%	$893K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0138%	4h	4.7814	+0.039%	$25.7M	$61.3M	50x	as long as short
Bybit LITUSDT	−0.0017%	4h	4.7820	+0.051%	$41.6M	$28.7M	75x	as long as short
Phoenix LIT	−0.0017%	1h	4.7793	−0.005%	$206K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7840	+0.093%	$825K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7922	+0.265%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7856	+0.127%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0022%	4h	4.7848	+0.110%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.512%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7848	+0.110%	$7K	$2K	5x	as long as short
Lighter LITshort	+0.0096%	1h	4.7875	+0.166%	$59.7M	$27.9M	5x
Nado LIT-PERP	+0.0100%	1h	4.7833	+0.080%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7893	+0.204%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7809	+0.028%	$76.8M	$76.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7822	+0.055%	$118K	$462K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7462	−0.698%	$118K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7830	+0.072%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7810	+0.030%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7840	+0.093%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7873	+0.162%	$671K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7733	−0.130%	$292K	$302K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7770	−0.053%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7838	+0.089%	$449K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7853	+0.121%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7781	−0.030%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7807	+0.024%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7904	+0.227%	$203K	$337K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7794	−0.003%	$5.3M	$4.9M	25x	as long as short
Aevo LIT-PERPlong	+0.0104%	1h	4.7796	long leg	$149K	—	3x
Hyperliquid LIT	+0.0122%	1h	4.7896	+0.209%	$214.5M	$40.7M	5x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7889	+0.196%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0229%	4h	4.7881	+0.179%	$12.8M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7819	+0.049%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0396%	1h	4.7656	−0.293%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0442% / S −0.0231%	1h	4.7849	+0.112%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7843	+0.098%	$32K	$683K	33x	as long as short