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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.021%
Price spread now: Lighter against RISEx−0.119%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$200.204% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.055%+$6 on $10k
Price spread, last 7 days+0.140%+$14 · spread now −0.119%, 7d avg +0.074%
Together, before fees+0.195%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.193% cheaper against RISEx than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of +0.074%). If the spread goes back, that is −$19 on $10k: about 7.6 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx LIT/USDC4.75670.0012pay 0.0001% / 1h38m 08s$818K$2.1M5x
ShortLighter LIT4.75110.0096get 0.0012% / 1h38m 08s$59.7M$29.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. 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
$17.68
Price spread: −0.119% → +0.074%
−$19.29
Slippage, 4 orders
−$14.38
Fee RISEx: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
−$21.99
Costs to cover
0.204%
Break-even
15.7 days
Slippage from RISEx: live order book, 1 min ago; Lighter: live order book, 6 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 RISEx live order book, 1 min ago0.42 bp3.4 bp −$313.4 bp −$134doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago1.05 bp9.4 bp −$924.6 bp −$246doesn'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
Gate LIT_USDT−0.0900%4h4.7470−0.205%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0792%1h4.7453−0.241%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0603%4h4.7417−0.316%$32K$2K10xas long as short
01 Exchange LITUSD−0.0568%1h4.7461−0.224%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0436%4h4.7475−0.194%$25.8M$63.8M50xas long as short
Phemex LITUSDT−0.0409%4h4.7470−0.205%$1.4M$2.7M20xas long as short
Bullet LIT-USD−0.0323%1h4.7469−0.206%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0226%4h4.7518−0.104%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0120%1h4.7608+0.086%$673K$402K50xas long as short
GRVT LIT_USDT_Perp−0.0116%4h4.7685+0.248%$906K$1.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0104%4h4.7470−0.205%$42.8M$30.0M75xas long as short
Phoenix LIT−0.0050%1h4.7618+0.106%$207K$353K5xas long as short
dYdX LIT-USD0.0000%1h4.7574+0.014%$34K5xas long as short
Perpl LIT0.0000%43m4.7540−0.059%$31K$840K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7510−0.120%$35K150xas long as short
RISEx LIT/USDClong+0.0012%1h4.7567long leg$818K$2.1M5x
Paradex LIT-USD-PERP+0.0015%8h4.7511−0.120%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.993%$422$178K5.5xas long as short
Aftermath Perps LITUSD+0.0072%1h4.7680+0.236%$13K$203K10xas long as short
edgeX LITUSDC+0.0074%4h4.7649+0.172%$290K$310K10xas long as short
MEXC LIT_USDT+0.0076%4h4.7445−0.257%$5.5M$4.1M100xas long as short
Binance LITUSDT+0.0079%4h4.7442−0.264%$75.6M$81.4M75xas long as short
Aevo LIT-PERP+0.0088%1h4.7442−0.263%$148K$44K3xas long as short
Polymarket Perps LIT-USD+0.0094%1h4.7526−0.087%$449K$105K10xas long as short
Lighter LITshort+0.0096%1h4.7511−0.119%$59.7M$29.8M5x
Nado LIT-PERP+0.0100%1h4.7525−0.089%$2.2M$1.7M10xas long as short
Aster LITUSDT+0.0100%4h4.7533−0.072%$12.7M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7549−0.039%$592K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7540−0.058%$120K$456K5xas long as short
Bulk LIT-USD+0.0100%1h4.7635+0.142%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7500−0.142%$6.7M$2.8M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7506−0.129%$674K$1.4M5xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7720+0.321%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7488−0.168%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7530−0.079%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7457−0.232%$995$466K5xas long as short
HTX LIT-USDT+0.0100%4h4.7567−0.001%$190K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7447−0.253%$5.2M$5.1M25xas long as short
Lighter RH LIT+0.0144%1h4.7540−0.058%$3.7M$13.9M5xas long as short
Hyperliquid LIT+0.0224%1h4.7559−0.018%$213.2M$44.9M5xas long as short
BloFin LIT-USDT+0.0310%4h4.7502−0.138%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0377% / S −0.0169%1h4.7500−0.142%$62K50xas long as short