LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.045%

Price spread now: Lighter RH against Polymarket Perps+0.137%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs+$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$280.277% of the position

Long on Polymarket Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.491%+$49 on $10k

Price spread, last 4 days (all we have)−0.806%−$81 · spread now +0.137%, 7d avg +0.121%

Together, before fees−0.315%+ Points / potential airdropLighter RH: Points live · farm board−$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.121%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.7388	0.0100	pay 0.0013% / 1h	49m 30s	$445K	$86K	10x
Short	Lighter RH LIT	4.7453	0.0112	get 0.0014% / 1h	49m 30s	$3.7M	$12.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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 Polymarket PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.137%Rate

Funding earned: $2.52
Price spread: +0.137% → +0.121%: $1.6
Slippage, 4 orders: −$19.74
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$23.62
Costs to cover: 0.277%
Break-even: 72.6 days

Slippage from Polymarket Perps: live order book, 63 min ago; Lighter RH: live order book, 4 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 Polymarket Perps live order book, 63 min ago	5.06 bp	9.7 bp −$10	22.6 bp −$226	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.89 bp	5.4 bp −$5	14.9 bp −$149	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.6877	−1.079%	$607K	$354K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0407%	1h	4.7466	+0.164%	$42K	$40K	10x	as long as short
Phemex LITUSDT	−0.0398%	4h	4.7440	+0.110%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0392%	4h	4.7426	+0.080%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0352%	1h	4.7336	−0.110%	$31K	$5K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0190%	4h	4.7507	+0.251%	$909K	$1.8M	10x	as long as short
Bullet LIT-USD	−0.0186%	1h	4.7478	+0.190%	$85K	$67K	20x	as long as short
Bybit LITUSDT	−0.0160%	4h	4.7370	−0.038%	$41.3M	$28.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0130%	4h	4.7364	−0.051%	$25.5M	$60.6M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7656	+0.566%	$205K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0014%	4h	4.7453	+0.137%	$5.3M	$1.0M	30x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.7404	+0.035%	$819K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7411	+0.050%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7527	+0.292%	$31K	$705K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7508	+0.253%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.376%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7343	−0.095%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7431	+0.091%	$59.1M	$27.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7362	−0.056%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7446	+0.122%	$212.0M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7395	+0.015%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7356	−0.068%	$76.0M	$77.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7396	+0.017%	$115K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7722	+0.705%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7420	+0.068%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7358	−0.063%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7390	+0.004%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7432	+0.093%	$664K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7544	+0.328%	$291K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7560	+0.363%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.7388	long leg	$445K	$86K	10x
Derive LIT-PERP	+0.0100%	1h	4.7499	+0.233%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7547	+0.336%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7435	+0.099%	$1K	$349K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7737	+0.736%	$202K	$348K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7352	−0.076%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7494	+0.224%	$149K	—	3x	as long as short
Lighter RH LITshort	+0.0112%	1h	4.7453	+0.137%	$3.7M	$12.9M	5x
Aster LITUSDT	+0.0226%	4h	4.7440	+0.109%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7634	+0.519%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7497	+0.229%	$66K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0441%	1h	4.7509	+0.256%	$8K	$204K	10x	as long as short