Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.012%

Price spread now: Nado against Binance−0.239%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.025%+$3 on $10k

Price spread, last 7 days+0.208%+$21 · spread now −0.239%, 7d avg +0.031%

Together, before fees+0.233%+ Points / potential airdropNado: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.270% cheaper against Binance than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITUSDT	4.7318	0.0030	pay 0.0015% / 4h	2h 44m	$74.8M	$80.9M	75x
Short	Nado LIT-PERP	4.7205	−0.0110	pay 0.0014% / 1h	44m 09s	$2.1M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now −0.239%Rate

Funding earned: −$29.54
Price spread: −0.239% → +0.031%: −$27
Slippage, 4 orders: −$27.07
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$100.61
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Nado: live order book, 5 min ago.

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 Binance live order book, 13 min ago	0.32 bp	10.8 bp −$11	43.3 bp −$433	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	0.74 bp	10.6 bp −$11	31.1 bp −$311	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	−0.0919%	1h	4.7233	−0.180%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0680%	1h	4.7132	−0.394%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0639%	1h	4.7284	−0.072%	$664K	$1.5M	5x	as long as short
Gate LIT_USDT	−0.0638%	4h	4.7340	+0.046%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0580%	4h	4.7141	−0.375%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0401%	4h	4.7230	−0.187%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0328%	4h	4.7198	−0.254%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0305%	4h	4.7338	+0.042%	$25.0M	$61.0M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0294%	4h	4.7109	−0.443%	$893K	$1.9M	10x	as long as short
Bullet LIT-USD	−0.0281%	1h	4.7212	−0.224%	$85K	$81K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0267%	4h	4.7340	+0.046%	$42.8M	$30.5M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7349	+0.064%	$653K	$399K	50x	as long as short
Nado LIT-PERPshort	−0.0110%	1h	4.7205	−0.239%	$2.1M	$1.7M	10x
Extended LIT-USD	−0.0056%	1h	4.7219	−0.210%	$5.2M	$5.1M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7209	−0.231%	$244K	$321K	5x	as long as short
SoDEX LIT-USD	−0.0047%	1h	4.7225	−0.197%	$979	$484K	5x	as long as short
Paradex LIT-USD-PERP	−0.0026%	8h	4.7178	−0.297%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7220	−0.207%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7265	−0.113%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7215	−0.218%	$812K	$2.0M	5x	as long as short
Binance LITUSDTlong	+0.0030%	4h	4.7318	long leg	$74.8M	$80.9M	75x
MEXC LIT_USDT	+0.0032%	4h	4.7219	−0.210%	$5.8M	$4.2M	100x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.525%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0041%	4h	4.7233	−0.180%	$287K	$312K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7192	−0.267%	$148K	$44K	3x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	+0.166%	$119K	$7K	10x	as long as short
Polymarket Perps LIT-USD	+0.0079%	1h	4.7241	−0.163%	$446K	$105K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7296	−0.047%	$59.3M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7271	−0.100%	$210.1M	$44.7M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7267	−0.108%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7217	−0.215%	$592K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7190	−0.271%	$117K	$445K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7300	−0.039%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7120	−0.419%	$55K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7253	−0.138%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7236	−0.174%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7233	−0.180%	$188K	$327K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7208	−0.234%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0131%	4h	4.7166	−0.322%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7341	+0.049%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7325	+0.014%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0387% / S −0.0190%	1h	4.7258	−0.128%	$59K	—	50x	as long as short