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+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.036%
Price spread now: Nado against Coinbase International+0.013%7-day average −0.159% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$690.691% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.214%+$21 on $10k
Price spread, last 3 days (all we have)−0.395%−$39 · spread now +0.013%, 7d avg −0.159%
Together, before fees−0.180%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.173% dearer against Coinbase International than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.159%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7209−0.0080get 0.0010% / 1h29m 39s$668K$372K50x
ShortNado LIT-PERP4.72150.0100get 0.0012% / 1h29m 39s$2.2M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
$37.8
Price spread: +0.013% → −0.159%
$17.26
Slippage, 4 orders
−$52.09
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$14.02
Costs to cover
0.691%
Break-even
9.6 days
Slippage from Coinbase International: live order book, 39 min ago; Nado: live order book, 4 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 Coinbase International live order book, 39 min ago9.24 bp28.2 bp −$2860.8 bp −$608doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago0.96 bp11.6 bp −$1248.1 bp −$481doesn't fitdoesn't fit

LIT on 41 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
01 Exchange LITUSD−0.0624%1h4.7068−0.298%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0465%4h4.7152−0.120%$32K$2K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0459%1h4.7222+0.029%$41K$40K10xas long as short
Bullet LIT-USD−0.0450%1h4.7194−0.031%$85K$73K20xas long as short
ApeX Omni LITUSDT−0.0193%1h4.7040−0.358%$56K$77K50xas long as short
Gate LIT_USDT−0.0190%4h4.7180−0.061%$2.8M$4.3M50xas long as short
OKX LIT-USDT-SWAP−0.0153%4h4.7154−0.116%$25.6M$63.7M50xas long as short
GRVT LIT_USDT_Perp−0.0152%4h4.7010−0.421%$904K$1.8M10xas long as short
KuCoin LITUSDTM−0.0142%4h4.7195−0.029%$5.3M$1.1M30xas long as short
Phoenix LIT−0.0102%1h4.7072−0.290%$203K$352K5xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTXlong−0.0080%1h4.7209long leg$668K$372K50x
Phemex LITUSDT−0.0042%4h4.7190−0.040%$1.4M$2.7M20xas long as short
Backpack LIT_USDC_PERP−0.0042%1h4.7260+0.108%$682K$1.4M5xas long as short
dYdX LIT-USD0.0000%1h4.7282+0.155%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.7258+0.104%$473150xas long as short
Bulk LIT-USD+0.0030%1h4.6912−0.630%$117K$1K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.761%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0033%8h4.7147−0.130%$7K$2K5xas long as short
Bybit LITUSDT+0.0062%4h4.7136−0.154%$42.2M$29.3M75xas long as short
SoDEX LIT-USD+0.0066%1h4.7220+0.024%$1K$450K5xas long as short
RISEx LIT/USDC+0.0081%1h4.7172−0.078%$786K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.7233+0.051%$59.2M$29.5M5xas long as short
Lighter RH LIT+0.0096%1h4.7261+0.111%$3.7M$13.3M5xas long as short
Nado LIT-PERPshort+0.0100%1h4.7215+0.013%$2.2M$1.7M10x
Hyperliquid LIT+0.0100%1h4.7226+0.036%$211.3M$43.9M5xas long as short
Aster LITUSDT+0.0100%4h4.7237+0.060%$12.6M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7183−0.055%$585K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7110−0.209%$75.2M$80.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.7140−0.146%$117K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7165−0.093%$5.5M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7210+0.003%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.7048−0.340%$286K$306K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7208−0.002%$446K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7258+0.104%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7248+0.083%$5K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7128−0.171%$189K$354K30xas long as short
Extended LIT-USD+0.0104%1h4.7127−0.173%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7195−0.030%$148K3xas long as short
Aftermath Perps LITUSD+0.0276%1h4.7056−0.324%$9K$211K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0406% / S −0.0199%1h4.7250+0.087%$64K50xas long as short
Perpl LIT+0.0447%43m4.7213+0.008%$31K$862K33xas long as short