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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Lighter against gTrade (Gains Network)+0.021%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LIT/USD4.6613L +0.0003% / S −0.0002%pay 0.0000% / 1h38m 32s$11K150x
ShortLighter LIT4.66230.0096get 0.0012% / 1h38m 32s$58.1M$28.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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
$19.5
Price spread: +0.021% → 0.000%
$2.08
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$11.58
Costs to cover
0.100%
Break-even
2.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Lighter live order book, 5 min ago0.64 bp4.8 bp −$520.1 bp −$201doesn't fitdoesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0561%1h4.6563−0.109%$41K$40K10xas long as short
01 Exchange LITUSD−0.0520%1h4.6538−0.162%$32K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0394%4h4.6541−0.155%$32K$1K10xas long as short
Bullet LIT-USD−0.0272%1h4.6574−0.084%$83K$68K20xas long as short
Backpack LIT_USDC_PERP−0.0251%1h4.6594−0.041%$657K$1.4M5xas long as short
Gate LIT_USDT−0.0242%4h4.6600−0.029%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848+0.502%$612K$404K50xas long as short
Phemex LITUSDT−0.0125%4h4.6540−0.157%$1.3M$2.8M20xas long as short
Extended LIT-USD−0.0088%1h4.6557−0.120%$5.1M$5.0M25xas long as short
Nado LIT-PERP−0.0053%1h4.6569−0.096%$2.1M$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.6718+0.225%$201K$305K5xas long as short
Bybit LITUSDT−0.0032%4h4.6610−0.007%$41.0M$28.8M75xas long as short
KuCoin LITUSDTM−0.0012%4h4.6560−0.114%$5.2M$1.0M30xas long as short
OKX LIT-USDT-SWAP−0.0004%4h4.6627+0.029%$25.0M$61.2M50xas long as short
dYdX LIT-USD0.0000%1h4.6602−0.025%$33K5xas long as short
gTrade (Gains Network) LIT/USDlongL +0.0003% / S −0.0002%1h4.6613long leg$11K150x
ApeX Omni LITUSDT+0.0032%1h4.6640+0.057%$56K$76K50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+3.061%$422$178K5.5xas long as short
Polymarket Perps LIT-USD+0.0054%1h4.6618+0.010%$436K$110K10xas long as short
Paradex LIT-USD-PERP+0.0066%8h4.6557−0.120%$6K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.6611−0.004%$777K$2.1M5xas long as short
GRVT LIT_USDT_Perp+0.0074%4h4.6661+0.102%$906K$1.8M10xas long as short
Lighter LITshort+0.0096%1h4.6623+0.021%$58.1M$28.6M5x
Lighter RH LIT+0.0096%1h4.6636+0.049%$3.6M$13.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.6642+0.062%$208.6M$41.9M5xas long as short
Pacifica LIT+0.0100%1h4.6585−0.061%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6599−0.031%$74.5M$79.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6717+0.222%$121K$450K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6558−0.119%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6620+0.014%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6641+0.060%$285K$304K10xas long as short
Derive LIT-PERP+0.0100%1h4.6583−0.066%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6573−0.086%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6560−0.114%$1K$390K5xas long as short
HTX LIT-USDT+0.0100%4h4.6660+0.100%$197K$388K30xas long as short
Bulk LIT-USD+0.0100%1h4.6625+0.026%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6529−0.181%$146K3xas long as short
Aster LITUSDT+0.0181%4h4.6636+0.049%$12.5M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0236%1h4.6693+0.172%$9K$207K10xas long as short
Perpl LIT+0.0335%43m4.6622+0.018%$31K$789K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6557−0.121%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0217%1h4.66130.000%$62K50xas long as short