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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%
Price spread now: GMX against Lighter RH−0.042%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.042% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LIT4.69450.0112pay 0.0014% / 1h30m 17s$3.7M$13.1M5x
ShortGMX LIT/USD [ETH-USDC]4.6925L +0.0412% / S −0.0209%get 0.0026% / 1h30m 17s$63K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Lighter RH. 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
$20.37
Price spread: −0.042% → 0.000%
−$4.23
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$4.14
Costs to cover
0.120%
Break-even
5.6 days
Slippage unknown: Lighter RH: live order book, 4 min ago; GMX: no order-book sample. 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 Lighter RH live order book, 4 min ago0.21 bp3.6 bp −$412.9 bp −$129doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Orderly PERP_LIT_USDC−0.0386%4h4.6843−0.217%$32K$1K10xas long as short
Bullet LIT-USD−0.0272%1h4.6898−0.100%$84K$68K20xas long as short
01 Exchange LITUSD−0.0264%1h4.6852−0.198%$33K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0191%1h4.6906−0.082%$41K$40K10xas long as short
Gate LIT_USDT−0.0118%4h4.6930−0.032%$2.7M$4.2M50xas long as short
Phoenix LIT−0.0085%1h4.6961+0.034%$202K$341K5xas long as short
Phemex LITUSDT−0.0030%4h4.6880−0.138%$1.4M$2.8M20xas long as short
Coinbase International LIT-PERP-INTX−0.0024%1h4.6800−0.310%$611K$423K50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6927−0.039%$11K150xas long as short
dYdX LIT-USD+0.0008%1h4.6921−0.052%$34K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTM+0.0012%4h4.6886−0.126%$5.2M$1.1M30xas long as short
ApeX Omni LITUSDT+0.0013%1h4.6930−0.032%$56K$76K50xas long as short
OKX LIT-USDT-SWAP+0.0016%4h4.6906−0.083%$25.3M$61.6M50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.333%$422$178K5.5xas long as short
GRVT LIT_USDT_Perp+0.0042%4h4.6930−0.033%$911K$1.7M10xas long as short
Paradex LIT-USD-PERP+0.0071%8h4.6852−0.199%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.6924−0.045%$58.5M$28.7M5xas long as short
RISEx LIT/USDC+0.0099%1h4.6917−0.061%$782K$2.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.6880−0.138%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6960+0.032%$209.8M$41.0M5xas long as short
Pacifica LIT+0.0100%1h4.6888−0.121%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6878−0.143%$74.6M$78.6M75xas long as short
Bybit LITUSDT+0.0100%4h4.6887−0.124%$41.5M$28.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.6901−0.094%$118K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.6831−0.243%$117K$2K10xas long as short
MEXC LIT_USDT+0.0100%4h4.6873−0.153%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6920−0.053%$6.7M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.6965+0.043%$685K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.6894−0.109%$286K$305K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6901−0.094%$443K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6931−0.030%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6871−0.158%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6917−0.060%$1K$414K5xas long as short
HTX LIT-USDT+0.0100%4h4.6914−0.066%$194K$379K30xas long as short
Extended LIT-USD+0.0104%1h4.6882−0.134%$5.2M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6895−0.106%$147K3xas long as short
Lighter RH LITlong+0.0112%1h4.6945long leg$3.7M$13.1M5x
Aster LITUSDT+0.0193%4h4.6942−0.006%$12.6M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0239%1h4.6883−0.131%$9K$207K10xas long as short
BloFin LIT-USDT+0.0340%4h4.6901−0.094%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]shortL +0.0412% / S −0.0209%1h4.6925−0.042%$63K50x
Perpl LIT+0.0447%43m4.6916−0.063%$31K$827K33xas long as short