Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.086%

Price spread now: BloFin against Nado+0.070%7-day average −0.020% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$420.421% of the position

Long on Nado Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.216%+$22 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.070%, 7d avg −0.020%

Together, before fees−0.005%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.090% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.7005	0.0100	pay 0.0012% / 1h	14m 31s	$2.2M	$1.7M	10x
Short	BloFin LIT-USDT	4.7038	0.0340	get 0.0170% / 4h	1h 14m	$1.6M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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 NadobpFee BloFinbpOrdersPrice spread, now +0.070%Rate

Funding earned: $50.4
Price spread: +0.070% → −0.020%: $8.97
Slippage, 4 orders: −$23.09
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $17.28
Costs to cover: 0.421%
Break-even: 4.6 days

Slippage from Nado: live order book, 4 min ago; BloFin: 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 Nado live order book, 4 min ago	0.85 bp	7.7 bp −$8	25.5 bp −$255	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	1.26 bp	18.6 bp −$19	42.0 bp −$420	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
Orderly PERP_LIT_USDC	−0.0383%	4h	4.7014	+0.019%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0334%	1h	4.7070	+0.139%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.6976	−0.062%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0243%	1h	4.7002	−0.005%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0086%	4h	4.7080	+0.160%	$2.8M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7480	+1.011%	$204K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.437%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0017%	4h	4.7080	+0.160%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7059	+0.115%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0005%	1h	4.7081	+0.161%	$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	+0.0022%	4h	4.7016	+0.023%	$25.3M	$62.0M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.202%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0044%	4h	4.7058	+0.113%	$5.2M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0074%	8h	4.7003	−0.004%	$7K	$2K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0082%	4h	4.7444	+0.934%	$927K	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7056	+0.108%	$58.6M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7071	+0.140%	$3.7M	$13.3M	5x	as long as short
ApeX Omni LITUSDT	+0.0099%	1h	4.7460	+0.968%	$57K	$76K	50x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7039	+0.072%	$791K	$2.1M	5x	as long as short
Nado LIT-PERPlong	+0.0100%	1h	4.7005	long leg	$2.2M	$1.7M	10x
Hyperliquid LIT	+0.0100%	1h	4.7051	+0.098%	$210.3M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7034	+0.062%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6990	−0.032%	$74.8M	$79.0M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7010	+0.011%	$41.7M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7040	+0.074%	$123K	$454K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6993	−0.026%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7040	+0.074%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7112	+0.228%	$670K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7387	+0.812%	$289K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7016	+0.023%	$439K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7092	+0.185%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7058	+0.113%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7095	+0.191%	$2K	$400K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7445	+0.936%	$196K	$380K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7305	+0.638%	$118K	$973	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6992	−0.027%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7067	+0.132%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0177%	1h	4.7149	+0.307%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0225%	4h	4.7074	+0.147%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.7038	+0.070%	$1.6M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0415% / S −0.0212%	1h	4.7088	+0.177%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7034	+0.061%	$31K	$814K	33x	as long as short