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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.035%
Price spread now: Lighter RH against Paradex+0.168%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter RH is 0.168% dearer against Paradex than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LIT-USD-PERP4.77420.0094pay 0.0094% / 8h1h 53m$7K$2K5x
ShortLighter RH LIT4.78220.0512get 0.0064% / 1h53m 42s$3.6M$13.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Paradex. 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
$87.77
Price spread: +0.168% → 0.000%
$16.79
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$100.56
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell Lighter RH live order book, 5 min ago2.39 bp5.3 bp −$512.9 bp −$129doesn't fitdoesn't fit
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
Coinbase International LIT-PERP-INTX−0.0440%1h4.8177+0.912%$610K$370K50xas long as short
Orderly PERP_LIT_USDC−0.0378%4h4.7723−0.039%$33K$1K10xas long as short
01 Exchange LITUSD−0.0272%1h4.7835+0.195%$31K$3K5xas long as short
OKX LIT-USDT-SWAP−0.0167%4h4.7777+0.074%$25.6M$61.9M50xas long as short
Bullet LIT-USD−0.0103%1h4.7770+0.059%$85K$66K20xas long as short
GRVT LIT_USDT_Perp−0.0070%4h4.7891+0.312%$889K$1.9M10xas long as short
Backpack LIT_USDC_PERP−0.0045%1h4.7784+0.088%$674K$1.1M5xas long as short
Phoenix LIT−0.0017%1h4.7776+0.072%$205K$301K5xas long as short
dYdX LIT-USD0.0000%1h4.7800+0.123%$34K5xas long as short
Deribit LIT_USDC-PERPETUAL0.0000%1h4.7781+0.082%$42K$40K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7778+0.077%$11K150xas long as short
ApeX Omni LITUSDT+0.0009%1h4.7990+0.520%$57K$75K50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.625%$422$178K5.5xas long as short
KuCoin LITUSDTM+0.0082%4h4.7757+0.032%$5.4M$1.0M30xas long as short
Paradex LIT-USD-PERPlong+0.0094%8h4.7742long leg$7K$2K5x
Lighter LIT+0.0096%1h4.7814+0.151%$59.5M$27.2M5xas long as short
Nado LIT-PERP+0.0100%1h4.7765+0.049%$2.2M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7784+0.089%$612K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7744+0.005%$76.5M$77.6M75xas long as short
Bybit LITUSDT+0.0100%4h4.7760+0.038%$41.4M$28.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7800+0.122%$123K$465K5xas long as short
Gate LIT_USDT+0.0100%4h4.7770+0.059%$2.8M$4.1M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7752+0.021%$5.9M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7780+0.080%$6.8M$2.5M20xas long as short
edgeX LITUSDC+0.0100%4h4.7720−0.046%$292K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7771+0.061%$449K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7783+0.087%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7780+0.080%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7769+0.057%$1K$336K5xas long as short
HTX LIT-USDT+0.0100%4h4.7878+0.285%$199K$333K30xas long as short
Phemex LITUSDT+0.0100%4h4.7730−0.025%$1.3M$2.8M20xas long as short
Bulk LIT-USD+0.0100%1h4.8185+0.929%$120K$7K10xas long as short
Extended LIT-USD+0.0104%1h4.7762+0.042%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7746+0.009%$149K3xas long as short
Perpl LIT+0.0112%43m4.7816+0.154%$32K$684K33xas long as short
RISEx LIT/USDC+0.0148%1h4.7804+0.129%$796K$2.2M5xas long as short
Aftermath Perps LITUSD+0.0206%1h4.7995+0.530%$9K$220K10xas long as short
Aster LITUSDT+0.0227%4h4.7813+0.148%$12.8M$2.0M50xas long as short
Hyperliquid LIT+0.0282%1h4.7854+0.235%$215.9M$40.4M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7680−0.130%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0424% / S −0.0217%1h4.7783+0.087%$64K50xas long as short
Lighter RH LITshort+0.0512%1h4.7822+0.168%$3.6M$13.1M5x