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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.013%
Price spread now: Nado against Extended+0.188%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.054%−$5 on $10k
Price spread, last 7 days−0.117%−$12 · spread now +0.188%, 7d avg +0.057%
Together, before fees−0.171%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.130% dearer against Extended than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.057%. Mind the row above: over the last 3 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.6870−0.0088get 0.0011% / 1h28m 12s$5.1M$5.0M25x
ShortNado LIT-PERP4.69580.0048get 0.0006% / 1h28m 12s$2.2M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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
$28.46
Price spread: +0.188% → +0.057%
$13.02
Slippage, 4 orders
−$13.04
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$16.44
Costs to cover
0.250%
Break-even
3.0 days
Slippage from Extended: live order book, 6 min ago; Nado: live order book, 1 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 Extended live order book, 6 min ago0.43 bp4.8 bp −$525.8 bp −$258doesn't fitdoesn't fit
Sell Nado live order book, 1 min ago0.64 bp9.4 bp −$932.3 bp −$323doesn'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−0.0462%1h4.6879+0.020%$41K$40K10xas long as short
01 Exchange LITUSD−0.0448%1h4.6943+0.157%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0388%4h4.6850−0.042%$32K$1K10xas long as short
Bullet LIT-USD−0.0276%1h4.6909+0.084%$84K$68K20xas long as short
Gate LIT_USDT−0.0202%4h4.6930+0.129%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848−0.047%$612K$398K50xas long as short
Extended LIT-USDlong−0.0088%1h4.6870long leg$5.1M$5.0M25x
Bybit LITUSDT−0.0073%4h4.6900+0.065%$41.2M$28.9M75xas long as short
Phemex LITUSDT−0.0064%4h4.6880+0.022%$1.4M$2.8M20xas long as short
Phoenix LIT−0.0034%1h4.6885+0.033%$202K$305K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0022%1h4.6943+0.157%$656K$1.4M5xas long as short
dYdX LIT-USD0.0000%1h4.7011+0.301%$34K5xas long as short
KuCoin LITUSDTM+0.0002%4h4.6933+0.135%$5.2M$1.0M30xas long as short
OKX LIT-USDT-SWAP+0.0002%4h4.6915+0.097%$25.2M$61.5M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6944+0.158%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.497%$422$178K5.5xas long as short
Nado LIT-PERPshort+0.0048%1h4.6958+0.188%$2.2M$1.7M10x
ApeX Omni LITUSDT+0.0065%1h4.6660−0.447%$56K$76K50xas long as short
Polymarket Perps LIT-USD+0.0067%1h4.6948+0.167%$439K$110K10xas long as short
Paradex LIT-USD-PERP+0.0071%8h4.6931+0.132%$6K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.6936+0.143%$794K$2.1M5xas long as short
Lighter LIT+0.0096%1h4.6951+0.174%$58.5M$28.8M5xas long as short
Lighter RH LIT+0.0096%1h4.6968+0.210%$3.6M$13.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.6992+0.261%$210.3M$42.3M5xas long as short
Pacifica LIT+0.0100%1h4.6995+0.268%$592K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6894+0.052%$75.0M$79.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6966+0.206%$115K$456K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6883+0.029%$5.6M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6920+0.108%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6855−0.030%$287K$306K10xas long as short
GRVT LIT_USDT_Perp+0.0100%4h4.6887+0.038%$903K$1.8M10xas long as short
Derive LIT-PERP+0.0100%1h4.6908+0.082%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6921+0.110%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6885+0.033%$1K$387K5xas long as short
HTX LIT-USDT+0.0100%4h4.6973+0.221%$199K$387K30xas long as short
Bulk LIT-USD+0.0100%1h4.6576−0.626%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6896+0.056%$147K3xas long as short
Aster LITUSDT+0.0213%4h4.6988+0.253%$12.6M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0241%1h4.6833−0.077%$9K$207K10xas long as short
Perpl LIT+0.0335%43m4.6990+0.256%$31K$780K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6927+0.123%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0419% / S −0.0217%1h4.6918+0.103%$63K50xas long as short