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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter RH against Extended+0.261%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.228%+$23 on $10k
Price spread, last 7 days−0.233%−$23 · spread now +0.261%, 7d avg +0.186%
Together, before fees−0.005%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$1 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 RH is 0.075% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.186%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.80320.0104pay 0.0013% / 1h21m 56s$5.0M$5.5M25x
ShortLighter RH LIT4.81570.0096get 0.0012% / 1h21m 56s$3.7M$12.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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
−$1.68
Price spread: +0.261% → +0.186%
$7.53
Slippage, 4 orders
−$20.03
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$19.18
Costs to cover
0.250%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Lighter RH: live order book, 2 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 Extended live order book, 2 min ago2.71 bp7.8 bp −$826.6 bp −$266doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.56 bp2.1 bp −$212.6 bp −$126doesn'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
Deribit LIT_USDC-PERPETUAL−0.0640%1h4.8074+0.088%$42K$39K10xas long as short
01 Exchange LITUSD−0.0440%1h4.8049+0.036%$31K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0380%4h4.8015−0.035%$33K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7913−0.247%$607K$336K50xas long as short
GRVT LIT_USDT_Perp−0.0244%4h4.7890−0.294%$891K$2.0M10xas long as short
Bullet LIT-USD−0.0227%1h4.8077+0.094%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0154%4h4.8107+0.157%$26.0M$59.1M50xas long as short
ApeX Omni LITUSDT−0.0108%1h4.7810−0.462%$57K$75K50xas long as short
Gate LIT_USDT−0.0092%4h4.8090+0.121%$2.8M$4.0M50xas long as short
Backpack LIT_USDC_PERP−0.0051%1h4.8098+0.138%$686K$985K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0014%4h4.8100+0.142%$41.7M$26.9M75xas long as short
dYdX LIT-USD0.0000%1h4.8092+0.125%$35K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8108+0.160%$36K150xas long as short
Phoenix LIT+0.0017%1h4.7914−0.245%$206K$288K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.017%$422$178K5.5xas long as short
Nado LIT-PERP+0.0052%1h4.8045+0.028%$2.1M$1.6M10xas long as short
Paradex LIT-USD-PERP+0.0095%8h4.8054+0.046%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.8127+0.198%$59.9M$26.1M5xas long as short
Lighter RH LITshort+0.0096%1h4.8157+0.261%$3.7M$12.2M5x
Hyperliquid LIT+0.0100%1h4.8134+0.213%$217.2M$37.4M5xas long as short
Pacifica LIT+0.0100%1h4.8077+0.094%$653K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.8053+0.045%$77.2M$73.1M75xas long as short
Arcus LIT-USD+0.0100%1h4.8083+0.107%$126K$413K5xas long as short
MEXC LIT_USDT+0.0100%4h4.8050+0.038%$6.2M$4.0M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.8102+0.146%$5.5M$854K30xas long as short
Bitget LITUSDT+0.0100%4h4.8070+0.080%$6.9M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.7913−0.248%$294K$302K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8095+0.132%$448K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.7720−0.650%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.8068+0.075%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8080+0.100%$1K$334K5xas long as short
HTX LIT-USDT+0.0100%4h4.8084+0.109%$193K$305K30xas long as short
Phemex LITUSDT+0.0100%4h4.8060+0.059%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0100%1h4.7738−0.612%$121K$2K10xas long as short
Extended LIT-USDlong+0.0104%1h4.8032long leg$5.0M$5.5M25x
Aevo LIT-PERP+0.0104%1h4.8072+0.083%$150K3xas long as short
RISEx LIT/USDC+0.0118%1h4.8094+0.130%$801K$2.4M5xas long as short
Aster LITUSDT+0.0300%4h4.8112+0.167%$12.9M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.8134+0.212%$32K$625K33xas long as short
BloFin LIT-USDT+0.0340%4h4.8068+0.075%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0426% / S −0.0217%1h4.8108+0.158%$64K50xas long as short
Aftermath Perps LITUSD+0.0454%1h4.7974−0.120%$9K$197K10xas long as short