Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h +0.015%

Price spread now: edgeX against Nado+0.078%7-day average −0.010% · 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−$34as in the Price arb table

costs, in and out, $10k−$420.424% of the position

Long on Nado Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.025%−$3 on $10k

Price spread, last 3 days (all we have)−0.705%−$71 · spread now +0.078%, 7d avg −0.010%

Together, before fees−0.731%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.089% dearer against Nado than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.010%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.7831	0.0100	pay 0.0012% / 1h	53m 21s	$2.2M	$1.7M	10x
Short	edgeX LITUSDC	4.7869	0.0063	get 0.0031% / 4h	53m 21s	$291K	$310K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$7.83
Price spread: +0.078% → −0.010%: $8.86
Slippage, 4 orders: −$26.41
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$41.38
Costs to cover: 0.424%
Break-even: never at this rate

Slippage from Nado: live order book, 5 min ago; edgeX: live order book, 25 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, 5 min ago	0.42 bp	10.9 bp −$11	30.6 bp −$306	doesn't fit	doesn't fit
Sell edgeX live order book, 25 min ago	5.23 bp	10.7 bp −$11	doesn't fit	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
Gate LIT_USDT	−0.1002%	4h	4.7840	+0.018%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0667%	1h	4.7809	−0.046%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0620%	4h	4.7796	−0.074%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0484%	4h	4.7780	−0.108%	$1.4M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0464%	1h	4.7696	−0.283%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0450%	4h	4.7816	−0.032%	$26.0M	$64.2M	50x	as long as short
Bullet LIT-USD	−0.0327%	1h	4.7826	−0.011%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7804	−0.057%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0183%	4h	4.7825	−0.014%	$43.1M	$30.1M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7806	−0.053%	$676K	$404K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0118%	4h	4.7864	+0.068%	$918K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7854	+0.047%	$208K	$353K	5x	as long as short
Aftermath Perps LITUSD	−0.0050%	1h	4.7827	−0.010%	$13K	$203K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7873	+0.087%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7834	+0.005%	$32K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7861	+0.062%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0009%	8h	4.7803	−0.060%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7825	−0.014%	$823K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.436%	$422	$178K	5.5x	as long as short
edgeX LITUSDCshort	+0.0063%	4h	4.7869	+0.078%	$291K	$310K	10x
Polymarket Perps LIT-USD	+0.0066%	1h	4.7858	+0.055%	$452K	$105K	10x	as long as short
MEXC LIT_USDT	+0.0066%	4h	4.7820	−0.024%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0067%	4h	4.7815	−0.033%	$76.1M	$81.2M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7820	−0.024%	$150K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7864	+0.068%	$60.2M	$29.7M	5x	as long as short
Nado LIT-PERPlong	+0.0100%	1h	4.7831	long leg	$2.2M	$1.7M	10x
Aster LITUSDT	+0.0100%	4h	4.7874	+0.089%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7864	+0.067%	$620K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7810	−0.045%	$119K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7566	−0.555%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7840	+0.018%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7830	−0.003%	$679K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7830	−0.003%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7857	+0.053%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7827	−0.009%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7837	+0.011%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7912	+0.168%	$192K	$329K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7887	+0.116%	$3.7M	$13.8M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7801	−0.063%	$5.3M	$5.1M	25x	as long as short
Hyperliquid LIT	+0.0231%	1h	4.7935	+0.216%	$214.9M	$44.7M	5x	as long as short
BloFin LIT-USDT	+0.0267%	4h	4.7819	−0.026%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7871	+0.083%	$63K	—	50x	as long as short