Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.013%

Price spread now: Nado against MEXC−0.041%7-day average +0.033% · 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−$32as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on MEXC Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.021%+$2 on $10k

Price spread, last 7 days+0.124%+$12 · spread now −0.041%, 7d avg +0.033%

Together, before fees+0.145%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.075% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIT_USDT	4.7133	0.0100	pay 0.0050% / 4h	3h 31m	$5.7M	$3.8M	100x
Short	Nado LIT-PERP	4.7113	0.0016	get 0.0002% / 1h	31m 07s	$2.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against MEXC. 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 MEXCbpFee NadobpOrdersPrice spread, now −0.041%Rate

Funding earned: −$17.67
Price spread: −0.041% → +0.033%: −$7.45
Slippage, 4 orders: −$13.55
Fee MEXC: 2 bp × 2 orders: −$4
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$49.67
Costs to cover: 0.246%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago	0.11 bp	4.0 bp −$4	55.2 bp −$552	304.7 bp −$30.5K	doesn't fit
Sell Nado live order book, 3 min ago	0.21 bp	7.4 bp −$7	28.1 bp −$281	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	−0.0424%	1h	4.7157	+0.052%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7098	−0.074%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.486%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.7135	+0.004%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0256%	1h	4.7127	−0.013%	$33K	$3K	5x	as long as short
ApeX Omni LITUSDT	−0.0063%	1h	4.7080	−0.112%	$56K	$76K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0023%	4h	4.7137	+0.008%	$25.4M	$61.2M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7105	−0.059%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7152	+0.041%	$800K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7092	−0.088%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7176	+0.092%	$11K	—	150x	as long as short
Nado LIT-PERPshort	+0.0016%	1h	4.7113	−0.041%	$2.2M	$1.7M	10x
KuCoin LITUSDTM	+0.0018%	4h	4.7131	−0.004%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.924%	$422	$178K	5.5x	as long as short
Phemex LITUSDT	+0.0040%	4h	4.7140	+0.015%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0079%	8h	4.6982	−0.320%	$6K	$2K	5x	as long as short
Bybit LITUSDT	+0.0083%	4h	4.7150	+0.036%	$41.1M	$28.9M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7205	+0.153%	$58.9M	$28.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7233	+0.212%	$210.9M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7095	−0.081%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7129	−0.008%	$75.6M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7138	+0.011%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	−0.110%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7160	+0.057%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDTlong	+0.0100%	4h	4.7133	long leg	$5.7M	$3.8M	100x
Bitget LITUSDT	+0.0100%	4h	4.7180	+0.100%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7184	+0.108%	$661K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7050	−0.176%	$288K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7080	−0.112%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7132	−0.002%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7187	+0.116%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7147	+0.030%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7149	+0.034%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7058	−0.159%	$199K	$358K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7121	−0.025%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7124	−0.019%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7176	+0.091%	$31K	$746K	33x	as long as short
Aftermath Perps LITUSD	+0.0186%	1h	4.7077	−0.118%	$9K	$206K	10x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7205	+0.153%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0257%	4h	4.7181	+0.102%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7130	−0.006%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7181	+0.102%	$65K	—	50x	as long as short