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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.07 per $10,000 · paid last 24h −0.015%
Price spread now: Nado against Arcus−0.103%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.448%−$45 · spread now −0.103%, 7d avg −0.049%
Together, before fees−0.465%+ Points / potential airdropNado: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.054% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus LIT-USD4.76750.0100pay 0.0013% / 1h16m 00s$118K$450K5x
ShortNado LIT-PERP4.76260.0048get 0.0006% / 1h16m 00s$2.2M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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
−$11
Price spread: −0.103% → −0.049%
−$5.36
Slippage, 4 orders
−$21.07
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$48.92
Costs to cover
0.326%
Break-even
never at this rate
Slippage from Arcus: live order book, 58 min ago; Nado: live order book, 3 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 Arcus live order book, 58 min ago5.61 bp8.0 bp −$813.9 bp −$139doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago1.05 bp7.6 bp −$844.2 bp −$442doesn'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−0.0635%1h4.7664−0.024%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0485%4h4.7603−0.151%$33K$2K10xas long as short
01 Exchange LITUSD−0.0424%1h4.7614−0.128%$33K$4K5xas long as short
Bullet LIT-USD−0.0350%1h4.7639−0.076%$85K$72K20xas long as short
ApeX Omni LITUSDT−0.0216%1h4.7530−0.304%$57K$77K50xas long as short
OKX LIT-USDT-SWAP−0.0202%4h4.7696+0.044%$25.9M$63.8M50xas long as short
KuCoin LITUSDTM−0.0126%4h4.7664−0.023%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7644−0.065%$674K$391K50xas long as short
GRVT LIT_USDT_Perp−0.0064%4h4.7540−0.283%$909K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7641−0.071%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7691+0.035%$32K$853K33xas long as short
dYdX LIT-USD+0.0003%1h4.7732+0.120%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7690+0.032%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.766%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0046%8h4.7672−0.007%$7K$2K5xas long as short
Nado LIT-PERPshort+0.0048%1h4.7626−0.103%$2.2M$1.7M10x
Polymarket Perps LIT-USD+0.0092%1h4.7666−0.019%$451K$104K10xas long as short
Lighter LIT+0.0096%1h4.7740+0.136%$59.7M$30.0M5xas long as short
Aster LITUSDT+0.0100%4h4.7706+0.064%$12.8M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7707+0.066%$591K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7664−0.023%$76.1M$80.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.7670−0.010%$42.9M$29.7M75xas long as short
Arcus LIT-USDlong+0.0100%1h4.7675long leg$118K$450K5x
Bulk LIT-USD+0.0100%1h4.7476−0.417%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7680+0.010%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7647−0.059%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7720+0.094%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7709+0.071%$691K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7504−0.359%$289K$308K10xas long as short
Derive LIT-PERP+0.0100%1h4.7698+0.048%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7665−0.021%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7672−0.006%$988$453K5xas long as short
HTX LIT-USDT+0.0100%4h4.7716+0.086%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7650−0.052%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7660−0.032%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7696+0.044%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7679+0.009%$795K$2.0M5xas long as short
Lighter RH LIT+0.0184%1h4.7765+0.189%$3.7M$13.7M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7632−0.090%$1.6M$2.0M75xas long as short
Hyperliquid LIT+0.0344%1h4.7767+0.193%$214.4M$43.9M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0398% / S −0.0188%1h4.7687+0.026%$64K50xas long as short
Aftermath Perps LITUSD+0.0403%1h4.7609−0.137%$9K$203K10xas long as short