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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0258%/8h= −28.2% APRnext payment $0.32 per $10,000 · paid last 24h −0.044%
Price spread now: Coinbase International against Nado−0.459%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.220%−$22 on $10k
Price spread, last 4 days (all we have)+1.114%+$111 · spread now −0.459%, 7d avg +0.166%
Together, before fees+0.895%+ Points / potential airdropNado: Active · farm board+$89 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.625% cheaper against Nado than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of +0.166%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LIT-PERP4.71200.0066pay 0.0008% / 1h0m 49s$2.2M$1.7M10x
ShortCoinbase International LIT-PERP-INTX4.6904−0.0192pay 0.0024% / 1h0m 49s$613K$352K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$54.15
Price spread: −0.459% → +0.166%
−$62.45
Slippage, 4 orders
−$37.1
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$170.7
Costs to cover
0.541%
Break-even
never at this rate
Slippage from Nado: live order book, 3 min ago; Coinbase International: live order book, 57 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 Nado live order book, 3 min ago0.74 bp9.5 bp −$921.9 bp −$219doesn't fitdoesn't fit
Sell Coinbase International live order book, 57 min ago7.27 bp16.4 bp −$1653.2 bp −$532doesn'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
01 Exchange LITUSD−0.0400%1h4.7099−0.045%$33K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0393%4h4.7051−0.146%$32K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0323%1h4.7114−0.013%$41K$40K10xas long as short
Bullet LIT-USD−0.0293%1h4.7108−0.025%$84K$68K20xas long as short
Coinbase International LIT-PERP-INTXshort−0.0192%1h4.6904−0.459%$613K$352K50x
Gate LIT_USDT−0.0122%4h4.7200+0.170%$2.8M$4.3M50xas long as short
Phemex LITUSDT−0.0102%4h4.7100−0.042%$1.4M$2.8M20xas long as short
Bybit LITUSDT−0.0100%4h4.7170+0.106%$41.3M$28.9M75xas long as short
Phoenix LIT−0.0034%1h4.7099−0.045%$203K$305K5xas long as short
dYdX LIT-USD0.0000%1h4.7231+0.235%$34K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7136+0.034%$11K150xas long as short
OKX LIT-USDT-SWAP+0.0007%4h4.7146+0.055%$25.4M$61.4M50xas long as short
KuCoin LITUSDTM+0.0016%4h4.7143+0.049%$5.3M$1.0M30xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.952%$422$178K5.5xas long as short
Backpack LIT_USDC_PERP+0.0063%1h4.7173+0.112%$662K$1.4M5xas long as short
Extended LIT-USD+0.0064%1h4.7152+0.068%$5.2M$5.0M25xas long as short
Nado LIT-PERPlong+0.0066%1h4.7120long leg$2.2M$1.7M10x
ApeX Omni LITUSDT+0.0067%1h4.7080−0.085%$56K$76K50xas long as short
Paradex LIT-USD-PERP+0.0070%8h4.7104−0.034%$6K$2K5xas long as short
Aftermath Perps LITUSD+0.0073%1h4.7095−0.052%$10K$204K10xas long as short
RISEx LIT/USDC+0.0073%1h4.7166+0.097%$786K$2.1M5xas long as short
Lighter LIT+0.0096%1h4.7244+0.263%$58.9M$29.0M5xas long as short
Lighter RH LIT+0.0096%1h4.7268+0.314%$3.8M$13.5M5xas long as short
Hyperliquid LIT+0.0100%1h4.7252+0.280%$211.0M$42.1M5xas long as short
Pacifica LIT+0.0100%1h4.7157+0.079%$576K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7187+0.143%$75.6M$79.3M75xas long as short
Arcus LIT-USD+0.0100%1h4.7152+0.068%$118K$452K5xas long as short
Bulk LIT-USD+0.0100%1h4.7058−0.132%$120K$4K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7151+0.066%$5.7M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7210+0.191%$6.8M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.7105−0.031%$288K$305K10xas long as short
GRVT LIT_USDT_Perp+0.0100%4h4.7089−0.065%$906K$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7138+0.038%$441K$109K10xas long as short
Derive LIT-PERP+0.0100%1h4.7134+0.029%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7141+0.045%$5K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7110−0.021%$1K$387K5xas long as short
HTX LIT-USDT+0.0100%4h4.7182+0.132%$199K$360K30xas long as short
Aevo LIT-PERP+0.0104%1h4.7094−0.055%$147K3xas long as short
Perpl LIT+0.0112%43m4.7180+0.128%$31K$760K33xas long as short
Aster LITUSDT+0.0244%4h4.7219+0.209%$12.6M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7082−0.081%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0436% / S −0.0231%1h4.7140+0.043%$65K50xas long as short