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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0386%/8h= −42.3% APRnext payment $0.48 per $10,000 · paid last 24h −0.026%
Price spread now: Lighter against Aftermath Perps−0.074%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$560.565% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.192%−$19 on $10k
Price spread, last 4 days (all we have)−1.342%−$134 · spread now −0.074%, 7d avg −0.015%
Together, before fees−1.534%+ Points / potential airdropLighter: Season 3 · farm board−$153 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Lighter is 0.059% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps LITUSD4.80370.0482pay 0.0060% / 1h34m 34s$9K$201K10x
ShortLighter LIT4.80020.0096get 0.0012% / 1h34m 34s$59.8M$26.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath 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
−$81.14
Price spread: −0.074% → −0.015%
−$5.89
Slippage, 4 orders
−$47.46
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$143.49
Costs to cover
0.565%
Break-even
never at this rate
Slippage from Aftermath Perps: live order book, 65 min ago; Lighter: live order book, 4 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 Aftermath Perps live order book, 65 min ago4.02 bp24.6 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.31 bp4.1 bp −$412.4 bp −$124doesn'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
GRVT LIT_USDT_Perp−0.0678%4h4.7885−0.317%$892K$2.0M10xas long as short
01 Exchange LITUSD−0.0496%1h4.7879−0.330%$31K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0391%4h4.7904−0.278%$33K$31310xas long as short
Deribit LIT_USDC-PERPETUAL−0.0333%1h4.7974−0.133%$42K$39K10xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7938−0.207%$607K$349K50xas long as short
Bullet LIT-USD−0.0235%1h4.7973−0.134%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0168%4h4.7926−0.232%$25.9M$59.0M50xas long as short
ApeX Omni LITUSDT−0.0112%1h4.7960−0.161%$57K$75K50xas long as short
Bybit LITUSDT−0.0059%4h4.7923−0.238%$41.7M$27.3M75xas long as short
Gate LIT_USDT−0.0036%4h4.7970−0.141%$2.8M$4.0M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.8002−0.073%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8001−0.076%$36K150xas long as short
Phoenix LIT+0.0017%1h4.8016−0.045%$206K$288K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.005%$422$178K5.5xas long as short
Nado LIT-PERP+0.0034%1h4.8005−0.068%$2.1M$1.6M10xas long as short
Backpack LIT_USDC_PERP+0.0037%1h4.7986−0.107%$684K$986K5xas long as short
Paradex LIT-USD-PERP+0.0096%8h4.7901−0.284%$7K$2K5xas long as short
Lighter LITshort+0.0096%1h4.8002−0.074%$59.8M$26.0M5x
Lighter RH LIT+0.0096%1h4.8002−0.074%$3.7M$12.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.8024−0.028%$216.9M$38.2M5xas long as short
Pacifica LIT+0.0100%1h4.7932−0.220%$674K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7902−0.282%$76.9M$73.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7939−0.205%$127K$436K5xas long as short
Bulk LIT-USD+0.0100%1h4.7909−0.268%$121K$2K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7934−0.215%$6.2M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7962−0.157%$5.5M$921K30xas long as short
Bitget LITUSDT+0.0100%4h4.7980−0.120%$6.9M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.7907−0.271%$293K$302K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7959−0.163%$447K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.8031−0.013%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7988−0.103%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7988−0.103%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.8019−0.039%$193K$305K30xas long as short
Phemex LITUSDT+0.0100%4h4.7970−0.141%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7897−0.292%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7970−0.140%$150K3xas long as short
RISEx LIT/USDC+0.0118%1h4.7947−0.187%$823K$2.3M5xas long as short
Aster LITUSDT+0.0279%4h4.7993−0.093%$12.8M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.8023−0.030%$32K$630K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7977−0.126%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7987−0.104%$64K50xas long as short
Aftermath Perps LITUSDlong+0.0482%1h4.8037long leg$9K$201K10x