Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.022%

Price spread now: Lighter RH against SunX+0.149%7-day average +0.179% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.149%, 7d avg +0.179%

Together, before fees+0.282%+ Points / potential airdropLighter RH: Points live · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.030% cheaper against SunX than usual: you would sell low and buy high (spread +0.149% now, against its 7-day average of +0.179%). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7055	0.0100	pay 0.0050% / 4h	3h 24m	$4K	$1.2M	20x
Short	Lighter RH LIT	4.7125	0.0184	get 0.0023% / 1h	24m 17s	$3.7M	$13.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against SunX. 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 SunXbpFee Lighter RHbpOrdersPrice spread, now +0.149%Rate

Funding earned: $17.64
Price spread: +0.149% → +0.179%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $6.62
Costs to cover: 0.080%
Break-even: 4.4 days

Slippage unknown: SunX: live order book, 9 min ago; Lighter RH: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 9 min ago	500.00 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	2.65 bp	5.0 bp −$5	12.6 bp −$126	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
Deribit LIT_USDC-PERPETUAL	−0.0553%	1h	4.7013	−0.089%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0381%	4h	4.6968	−0.185%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.321%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0279%	1h	4.7021	−0.072%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7014	−0.087%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0113%	4h	4.7040	−0.032%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0111%	4h	4.7026	−0.062%	$41.0M	$28.9M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0038%	4h	4.7005	−0.106%	$25.3M	$60.7M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7116	+0.130%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7080	+0.053%	$800K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7101	+0.098%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7098	+0.092%	$31K	$744K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7067	+0.026%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0008%	1h	4.7080	+0.053%	$56K	$76K	50x	as long as short
KuCoin LITUSDTM	+0.0014%	4h	4.7028	−0.057%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.093%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0062%	1h	4.7045	−0.021%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7126	+0.151%	$58.8M	$28.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0097%	8h	4.7034	−0.044%	$6K	$2K	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7111	+0.119%	$210.3M	$41.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7093	+0.081%	$572K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7016	−0.082%	$75.5M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7070	+0.032%	$118K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	+0.055%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7060	+0.011%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7016	−0.083%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7040	−0.032%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7076	+0.045%	$659K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7089	+0.073%	$288K	$303K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7070	+0.032%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7056	+0.002%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7042	−0.028%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7055	long leg	$4K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7005	−0.106%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7120	+0.138%	$199K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6989	−0.140%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7009	−0.097%	$147K	—	3x	as long as short
Lighter RH LITshort	+0.0184%	1h	4.7125	+0.149%	$3.7M	$13.2M	5x
Aster LITUSDT	+0.0253%	4h	4.7107	+0.111%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0266%	1h	4.7095	+0.086%	$9K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7032	−0.049%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7061	+0.012%	$65K	—	50x	as long as short