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+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.040%
Price spread now: Lighter RH against Injective−0.976%97s7-day average +10.259% · you buy dearer than you sell
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 7 days+0.406%+$41 on $10k
Price spread, last 3 days (all we have)+16.024%+$1,602 · spread now −0.976%, 7d avg +10.259%
Together, before fees+16.430%+ Points / potential airdropLighter RH: Points live · farm board+$1,643 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 11.235% cheaper against Injective than usual: you would sell low and buy high (spread −0.976% now, against its 7-day average of +10.259%). If the spread goes back, that is −$1,123 on $10k: about 10 months of funding at the current rate (+$4 a day). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LIT/USDC PERP4.80400.0033pay 0.0004% / 1h3m 46s$422$178K5.5x
ShortLighter RH LIT4.75710.0160get 0.0020% / 1h3m 46s$3.7M$13.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Injective. 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
$26.6
Price spread: −0.976% → +10.259%
−$1,123.49
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$1,096.91
Costs to cover
0.000%
Break-even
295.7 days
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter RH live order book, 5 min ago1.36 bp5.3 bp −$512.7 bp −$127doesn't fitdoesn't fit
Injective: 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−0.0878%1h4.7620−0.874%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0483%4h4.7572−0.974%$33K$2K10xas long as short
01 Exchange LITUSD−0.0448%1h4.7550−1.020%$33K$4K5xas long as short
Bullet LIT-USD−0.0395%1h4.7641−0.831%$85K$72K20xas long as short
ApeX Omni LITUSDT−0.0194%1h4.7680−0.749%$57K$77K50xas long as short
OKX LIT-USDT-SWAP−0.0193%4h4.7489−1.147%$25.9M$63.3M50xas long as short
KuCoin LITUSDTM−0.0146%4h4.7523−1.076%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0092%4h4.7680−0.749%$906K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7783−0.536%$676K$392K50xas long as short
Phoenix LIT−0.0034%1h4.7775−0.552%$208K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD+0.0002%1h4.7482−1.162%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.7690−0.728%$477150xas long as short
Injective LIT/USDC PERPlong+0.0033%1h4.8040long leg$422$178K5.5x
Paradex LIT-USD-PERP+0.0040%8h4.7448−1.232%$7K$2K5xas long as short
Polymarket Perps LIT-USD+0.0059%1h4.7640−0.833%$450K$104K10xas long as short
Nado LIT-PERP+0.0085%1h4.7605−0.905%$2.2M$1.7M10xas long as short
Lighter LIT+0.0096%1h4.7566−0.987%$59.5M$30.0M5xas long as short
Aster LITUSDT+0.0100%4h4.7625−0.864%$12.7M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7519−1.085%$589K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7469−1.189%$75.9M$79.6M75xas long as short
Bybit LITUSDT+0.0100%4h4.7470−1.187%$42.7M$29.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7653−0.806%$118K$448K5xas long as short
Bulk LIT-USD+0.0100%1h4.7660−0.790%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7630−0.853%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7468−1.191%$5.5M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7480−1.166%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7649−0.814%$690K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7738−0.629%$291K$308K10xas long as short
Derive LIT-PERP+0.0100%1h4.7671−0.769%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7657−0.797%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7627−0.860%$1K$453K5xas long as short
HTX LIT-USDT+0.0100%4h4.7653−0.806%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7620−0.874%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7556−1.007%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7605−0.905%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7665−0.780%$794K$2.0M5xas long as short
Lighter RH LITshort+0.0160%1h4.7571−0.976%$3.7M$13.7M5x
Hyperliquid LIT+0.0298%1h4.7589−0.939%$213.7M$43.8M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7589−0.939%$1.6M$2.0M75xas long as short
Aftermath Perps LITUSD+0.0354%1h4.7707−0.694%$9K$204K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0401% / S −0.0191%1h4.7686−0.736%$64K50xas long as short
Perpl LIT+0.0447%43m4.7671−0.768%$32K$849K33xas long as short