LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.004%

Price spread now: Lighter against Arcus+0.196%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$220.222% of the position

Long on Arcus Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.135%+$14 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.196%, 7d avg +0.082%

Together, before fees+0.150%+ Points / potential airdropLighter: Season 3 · farm board+$15 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: Lighter is 0.115% dearer against Arcus than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7871	0.0100	pay 0.0013% / 1h	4m 35s	$124K	$445K	5x
Short	Lighter LIT	4.7965	0.0096	get 0.0012% / 1h	4m 35s	$59.7M	$27.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now +0.196%Rate

Funding earned: −$0.84
Price spread: +0.196% → +0.082%: $11.46
Slippage, 4 orders: −$17.72
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$11.6
Costs to cover: 0.222%
Break-even: never at this rate

Slippage from Arcus: live order book, 39 min ago; Lighter: 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 Arcus live order book, 39 min ago	4.83 bp	7.9 bp −$8	14.5 bp −$145	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.73 bp	4.0 bp −$4	14.2 bp −$142	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	−0.0440%	1h	4.7780	−0.191%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0364%	4h	4.7842	−0.061%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7831	−0.084%	$31K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0241%	1h	4.7882	+0.023%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0191%	1h	4.7874	+0.005%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0132%	4h	4.7899	+0.058%	$25.7M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.7848	−0.047%	$885K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7921	+0.104%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7927	+0.116%	$11K	—	150x	as long as short
Phoenix LIT	+0.0033%	1h	4.7934	+0.132%	$206K	$301K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.353%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0049%	1h	4.7916	+0.094%	$676K	$943K	5x	as long as short
Bybit LITUSDT	+0.0055%	4h	4.7890	+0.040%	$41.5M	$28.0M	75x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7930	+0.122%	$7K	$2K	5x	as long as short
Lighter LITshort	+0.0096%	1h	4.7965	+0.196%	$59.7M	$27.5M	5x
Nado LIT-PERP	+0.0100%	1h	4.7889	+0.039%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7931	+0.125%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7874	+0.006%	$76.7M	$75.5M	75x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7871	long leg	$124K	$445K	5x
Gate LIT_USDT	+0.0100%	4h	4.7920	+0.102%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7867	−0.008%	$5.8M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7904	+0.069%	$5.5M	$1.0M	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7870	−0.002%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7820	−0.106%	$292K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7870	−0.002%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7889	+0.038%	$450K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7950	+0.166%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7897	+0.054%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7882	+0.023%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7969	+0.205%	$200K	$298K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7880	+0.019%	$1.4M	$2.8M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7895	+0.050%	$119K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7837	−0.072%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7881	+0.021%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7883	+0.025%	$812K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0199%	4h	4.7957	+0.180%	$12.8M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0267%	1h	4.7984	+0.236%	$216.5M	$39.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7854	−0.036%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7983	+0.234%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0421%	1h	4.7977	+0.221%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7907	+0.074%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7927	+0.116%	$32K	$667K	33x	as long as short