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updated —LIT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~260d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.44%
7d Period Avg−0.43%
swing±9.07%
LONG Lighter · now
+10.52%
7d avg:+8.72%
SHORT grvt · nowLIT_USDT_Perp
+10.96%
7d avg:+8.29%
Entry Spread Now
−1.372%
Against youL ask 3.1484 · S bid 3.1052−$137.21 at entry
24h range −0.64%…+0.40% · median −0.05%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$30.39
−0.30%
$Avg Daily PnL
+$0.14
+0.0014%
★Best Day
+$2.27
Nov 8
◎Open Interest
Lighter$33.21M
grvt$546.1K⚡Funding APR
+0.51%
annualized · funding only
⚠Execution Cost
−$31.36
entry + exit fees
⏱Payback
7.5mo
to break even
◧24h Volume
Lighter$20.50Mgrvt$2.57MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$31.36 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.