Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.070%

Price spread now: Lighter RH against KuCoin+0.077%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$630.633% of the position

Long on KuCoin Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.370%+$37 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.077%, 7d avg +0.120%

Together, before fees+0.373%+ Points / potential airdropLighter RH: Points live · farm board+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.043% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.077% now, against its 7-day average of +0.120%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.7996	0.0100	pay 0.0050% / 4h	2m 06s	$5.5M	$933K	30x
Short	Lighter RH LIT	4.8033	0.0296	get 0.0037% / 1h	2m 06s	$3.7M	$12.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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 KuCoinbpFee Lighter RHbpOrdersPrice spread, now +0.077%Rate

Funding earned: $41.16
Price spread: +0.077% → +0.120%: −$4.3
Slippage, 4 orders: −$51.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$26.45
Costs to cover: 0.633%
Break-even: 11.5 days

Slippage from KuCoin: live order book, 6 min ago; Lighter RH: live order book, 2 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 KuCoin live order book, 6 min ago	6.25 bp	30.6 bp −$31	380.3 bp −$3,803	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	3.13 bp	4.7 bp −$5	13.9 bp −$139	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
Orderly PERP_LIT_USDC	−0.0366%	4h	4.7886	−0.229%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0365%	1h	4.7950	−0.095%	$42K	$39K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7968	−0.059%	$608K	$349K	50x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7953	−0.090%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0191%	1h	4.7937	−0.123%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0146%	4h	4.7948	−0.100%	$25.8M	$59.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0092%	4h	4.7990	−0.013%	$887K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7973	−0.047%	$34K	—	5x	as long as short
ApeX Omni LITUSDT	+0.0002%	1h	4.8000	+0.008%	$57K	$73K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7991	−0.010%	$36K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.092%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0035%	4h	4.7954	−0.088%	$41.6M	$27.3M	75x	as long as short
Phoenix LIT	+0.0050%	1h	4.7952	−0.092%	$206K	$293K	5x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.7982	−0.029%	$816K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.7955	−0.086%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8017	+0.044%	$59.8M	$26.9M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7961	−0.072%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7998	+0.004%	$741K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7926	−0.147%	$76.8M	$73.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7980	−0.033%	$127K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8027	+0.066%	$120K	$6K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7980	−0.033%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7935	−0.127%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTMlong	+0.0100%	4h	4.7996	long leg	$5.5M	$933K	30x
Bitget LITUSDT	+0.0100%	4h	4.7960	−0.075%	$6.8M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7970	−0.054%	$684K	$992K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8007	+0.023%	$293K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7970	−0.054%	$447K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8094	+0.205%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7908	−0.183%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7955	−0.085%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7932	−0.133%	$193K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7950	−0.096%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7933	−0.130%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7940	−0.117%	$150K	—	3x	as long as short
Hyperliquid LIT	+0.0216%	1h	4.8029	+0.069%	$217.0M	$38.6M	5x	as long as short
Aster LITUSDT	+0.0290%	4h	4.8046	+0.104%	$12.9M	$2.0M	50x	as long as short
Lighter RH LITshort	+0.0296%	1h	4.8033	+0.077%	$3.7M	$12.9M	5x
BloFin LIT-USDT	+0.0340%	4h	4.7946	−0.104%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7976	−0.042%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8019	+0.049%	$32K	$642K	33x	as long as short
Aftermath Perps LITUSD	+0.0463%	1h	4.8021	+0.053%	$9K	$202K	10x	as long as short