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

LIT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.033%
Price spread now: Paradex against Lighter RH−0.283%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.283% cheaper against Lighter RH than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.68250.0096pay 0.0012% / 1h38m 35s$3.7M$13.2M5x
ShortParadex LIT-USD-PERP4.66920.0033get 0.0033% / 8h6h 38m$7K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$13.18
Price spread: −0.283% → 0.000%
−$28.3
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$45.48
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 5 min ago; Paradex: no order-book sample. 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 Lighter RH live order book, 5 min ago2.55 bp8.4 bp −$819.6 bp −$196doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
01 Exchange LITUSD−0.0624%1h4.6650−0.374%$32K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0589%1h4.6811−0.029%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0469%4h4.6738−0.186%$32K$2K10xas long as short
Bullet LIT-USD−0.0449%1h4.6798−0.057%$84K$73K20xas long as short
Gate LIT_USDT−0.0272%4h4.6770−0.117%$2.8M$4.3M50xas long as short
Backpack LIT_USDC_PERP−0.0203%1h4.6824−0.002%$676K$1.4M5xas long as short
OKX LIT-USDT-SWAP−0.0164%4h4.6728−0.207%$25.4M$63.5M50xas long as short
KuCoin LITUSDTM−0.0148%4h4.6798−0.058%$5.2M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0148%4h4.6807−0.038%$900K$1.8M10xas long as short
Phoenix LIT−0.0102%1h4.6873+0.103%$202K$352K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0080%1h4.7209+0.820%$668K$387K50xas long as short
dYdX LIT-USD0.0000%1h4.6843+0.038%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.6850+0.053%$469150xas long as short
SoDEX LIT-USD+0.0016%1h4.6810−0.032%$1K$453K5xas long as short
Bulk LIT-USD+0.0028%1h4.6991+0.355%$117K$1K10xas long as short
Paradex LIT-USD-PERPshort+0.0033%8h4.6692−0.283%$7K$2K5x
Injective LIT/USDC PERP+0.0033%1h4.8040+2.595%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0044%1h4.6990+0.352%$56K$77K50xas long as short
RISEx LIT/USDC+0.0081%1h4.6750−0.159%$779K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.6800−0.053%$58.6M$29.3M5xas long as short
Lighter RH LITlong+0.0096%1h4.6825long leg$3.7M$13.2M5x
Nado LIT-PERP+0.0100%1h4.6755−0.149%$2.1M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6787−0.081%$209.5M$43.8M5xas long as short
Aster LITUSDT+0.0100%4h4.6807−0.038%$12.5M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.6743−0.175%$580K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.6709−0.248%$74.6M$80.7M75xas long as short
Bybit LITUSDT+0.0100%4h4.6720−0.224%$41.9M$29.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.6705−0.256%$115K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6719−0.226%$5.4M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.6730−0.203%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.6997+0.368%$286K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6801−0.051%$442K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6837+0.026%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6859+0.073%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.6809−0.034%$187K$354K30xas long as short
Phemex LITUSDT+0.0100%4h4.6770−0.117%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.6687−0.295%$5.1M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6788−0.080%$146K3xas long as short
Aftermath Perps LITUSD+0.0322%1h4.6954+0.276%$8K$210K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7139+0.671%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0403% / S −0.0197%1h4.6839+0.030%$63K50xas long as short
Perpl LIT+0.0447%43m4.6834+0.020%$31K$860K33xas long as short