Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%

Price spread now: Nado against HTX−0.111%7-day average −0.161% · 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−$760.761% of the position

Long on HTX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.111%, 7d avg −0.161%

Together, before fees+0.115%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.051% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.161%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7445	0.0100	pay 0.0050% / 4h	1h 15m	$196K	$380K	30x
Short	Nado LIT-PERP	4.7393	0.0100	get 0.0012% / 1h	15m 46s	$2.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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 HTXbpFee NadobpOrdersPrice spread, now −0.111%Rate

Funding earned: $0
Price spread: −0.111% → −0.161%: $5.08
Slippage, 4 orders: −$57.13
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$71.05
Costs to cover: 0.761%
Break-even: never at this rate

Slippage from HTX: live order book, 47 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 47 min ago	16.13 bp	35.1 bp −$35	276.4 bp −$2,764	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.85 bp	8.6 bp −$9	32.5 bp −$325	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	−0.0423%	1h	4.7398	−0.099%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.7345	−0.211%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7386	−0.124%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0232%	1h	4.7397	−0.101%	$85K	$68K	20x	as long as short
Phoenix LIT	−0.0085%	1h	4.7084	−0.761%	$203K	$341K	5x	as long as short
Gate LIT_USDT	−0.0060%	4h	4.7350	−0.200%	$2.8M	$4.3M	50x	as long as short
Phemex LITUSDT	−0.0029%	4h	4.7360	−0.179%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−1.360%	$611K	$411K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7433	−0.026%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7061	−0.810%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LIT-USDT-SWAP	+0.0026%	4h	4.7026	−0.883%	$25.3M	$62.0M	50x	as long as short
ApeX Omni LITUSDT	+0.0027%	1h	4.7030	−0.875%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.254%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0042%	4h	4.7050	−0.833%	$5.2M	$1.0M	30x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.7140	−0.643%	$909K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0074%	8h	4.7008	−0.922%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7061	−0.809%	$58.7M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7076	−0.778%	$3.7M	$13.3M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7050	−0.833%	$791K	$2.1M	5x	as long as short
Nado LIT-PERPshort	+0.0100%	1h	4.7393	−0.111%	$2.2M	$1.7M	10x
Hyperliquid LIT	+0.0100%	1h	4.7090	−0.748%	$210.5M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7045	−0.844%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7019	−0.898%	$74.9M	$79.0M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7020	−0.896%	$41.7M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7061	−0.809%	$123K	$454K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6864	−1.225%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7017	−0.902%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7060	−0.811%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7371	−0.156%	$673K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7043	−0.847%	$286K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7418	−0.057%	$443K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7432	−0.028%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7377	−0.143%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7396	−0.103%	$2K	$398K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7445	long leg	$196K	$380K	30x
Extended LIT-USD	+0.0104%	1h	4.7023	−0.890%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7386	−0.124%	$148K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0161%	1h	4.7159	−0.603%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0225%	4h	4.7375	−0.148%	$12.7M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7419	−0.055%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0417% / S −0.0212%	1h	4.7433	−0.026%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7426	−0.040%	$32K	$815K	33x	as long as short