Lotus has tracing built into many of its internals. To view the traces, first download [Jaeger](https://www.jaegertracing.io/download/) (Choose the 'all-in-one' binary). Then run it somewhere, start up the lotus daemon, and open up localhost:16686 in your browser.
To easily run and view tracing locally, first, install jaeger. The easiest way to do this is to [download the binaries](https://www.jaegertracing.io/download/) and then run the `jaeger-all-in-one` binary. This will start up jaeger, listen for spans on `localhost:6831`, and expose a web UI for viewing traces on `http://localhost:16686/`.