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−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: edgeX against Lighter RH−0.038%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.358%−$36 on $10k
Price spread, last 3 days (all we have)−0.110%−$11 · spread now −0.038%, 7d avg −0.136%
Together, before fees−0.467%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.099% dearer against Lighter RH than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.72340.0104pay 0.0013% / 1h52m 48s$3.7M$13.6M5x
ShortedgeX LITUSDC4.72160.0100get 0.0050% / 4h3h 52m$287K$309K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Lighter RH. 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
−$0.84
Price spread: −0.038% → −0.136%
$9.88
Slippage, 4 orders
−$18.27
Fee Lighter RH: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$18.23
Costs to cover
0.273%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 6 min ago; edgeX: live order book, 20 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 Lighter RH live order book, 6 min ago1.59 bp1.6 bp −$211.9 bp −$119doesn't fitdoesn't fit
Sell edgeX live order book, 20 min ago5.19 bp10.6 bp −$11doesn't fitdoesn'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
ApeX Omni LITUSDT−0.0814%1h4.7230−0.008%$55K$77K50xas long as short
Gate LIT_USDT−0.0794%4h4.7200−0.072%$2.8M$4.4M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0619%1h4.7156−0.164%$41K$40K10xas long as short
01 Exchange LITUSD−0.0584%1h4.7077−0.332%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0529%4h4.7127−0.227%$32K$2K10xas long as short
OKX LIT-USDT-SWAP−0.0299%4h4.7185−0.104%$25.6M$63.9M50xas long as short
Bullet LIT-USD−0.0279%1h4.7140−0.200%$84K$77K20xas long as short
GRVT LIT_USDT_Perp−0.0178%4h4.7220−0.030%$904K$1.8M10xas long as short
KuCoin LITUSDTM−0.0172%4h4.7206−0.059%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7414+0.380%$670K$402K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0067%1h4.7210−0.051%$680K$1.4M5xas long as short
Phoenix LIT−0.0034%1h4.7174−0.127%$204K$361K5xas long as short
dYdX LIT-USD0.0000%1h4.7203−0.066%$34K5xas long as short
Perpl LIT0.0000%43m4.7139−0.201%$31K$859K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7181−0.112%$35K150xas long as short
Paradex LIT-USD-PERP+0.0029%8h4.7100−0.283%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.706%$422$178K5.5xas long as short
Phemex LITUSDT+0.0047%4h4.7160−0.157%$1.4M$2.7M20xas long as short
Lighter LIT+0.0096%1h4.7202−0.068%$59.0M$29.4M5xas long as short
Nado LIT-PERP+0.0100%1h4.7105−0.272%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7253+0.040%$211.9M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7257+0.048%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7167−0.142%$586K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7174−0.126%$75.3M$81.9M75xas long as short
Bybit LITUSDT+0.0100%4h4.7170−0.135%$42.5M$30.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.7132−0.216%$116K$459K5xas long as short
Bulk LIT-USD+0.0100%1h4.7190−0.093%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7167−0.142%$5.6M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7220−0.030%$6.7M$2.8M20xas long as short
edgeX LITUSDCshort+0.0100%4h4.7216−0.038%$287K$309K10x
Polymarket Perps LIT-USD+0.0100%1h4.7140−0.199%$445K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7203−0.067%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7110−0.263%$5K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7161−0.155%$995$471K5xas long as short
HTX LIT-USDT+0.0100%4h4.7244+0.021%$188K$347K30xas long as short
Lighter RH LITlong+0.0104%1h4.7234long leg$3.7M$13.6M5x
Extended LIT-USD+0.0104%1h4.7165−0.147%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7237+0.007%$148K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7152−0.174%$794K$2.1M5xas long as short
Aftermath Perps LITUSD+0.0248%1h4.7259+0.052%$13K$203K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7149−0.180%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0381% / S −0.0174%1h4.7171−0.132%$62K50xas long as short