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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.064%
Price spread now: Hyperliquid against Nado+0.317%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.185%+$19 on $10k
Price spread, last 7 days−0.141%−$14 · spread now +0.317%, 7d avg +0.090%
Together, before fees+0.044%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.227% dearer against Nado than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LIT-PERP4.76040.0016pay 0.0002% / 1h16m 37s$2.2M$1.7M10x
ShortHyperliquid LIT4.77550.0100get 0.0013% / 1h16m 37s$212.5M$45.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$17.62
Price spread: +0.317% → +0.090%
$22.67
Slippage, 4 orders
−$20.09
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$4.21
Costs to cover
0.361%
Break-even
5.3 days
Slippage from Nado: live order book, 2 min ago; Hyperliquid: live order book, 7 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, 2 min ago0.31 bp9.4 bp −$924.7 bp −$247doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago0.10 bp10.9 bp −$11doesn't fitdoesn'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
Deribit LIT_USDC-PERPETUAL−0.0999%1h4.7598−0.013%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0610%4h4.7546−0.122%$33K$2K10xas long as short
Gate LIT_USDT−0.0600%4h4.7640+0.076%$2.8M$4.5M50xas long as short
Phemex LITUSDT−0.0562%4h4.7570−0.071%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0560%1h4.7565−0.082%$33K$4K5xas long as short
Bullet LIT-USD−0.0338%1h4.7599−0.011%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0327%4h4.7690+0.181%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0284%4h4.7690+0.181%$43.2M$30.7M75xas long as short
KuCoin LITUSDTM−0.0278%4h4.7677+0.153%$5.3M$1.1M30xas long as short
Backpack LIT_USDC_PERP−0.0264%1h4.7638+0.071%$669K$1.5M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0264%4h4.7613+0.019%$901K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.246%$660K$404K50xas long as short
Phoenix LIT−0.0050%1h4.7660+0.118%$248K$321K5xas long as short
Aftermath Perps LITUSD−0.0041%1h4.7606+0.004%$12K$199K10xas long as short
Paradex LIT-USD-PERP−0.0024%8h4.7659+0.116%$6K$2K5xas long as short
SoDEX LIT-USD0.0000%1h4.7590−0.029%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7738+0.281%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7647+0.091%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7729+0.262%$831K$2.0M5xas long as short
Nado LIT-PERPlong+0.0016%1h4.7604long leg$2.2M$1.7M10x
Polymarket Perps LIT-USD+0.0026%1h4.7606+0.004%$450K$105K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.916%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7672+0.143%$5.9M$4.2M100xas long as short
edgeX LITUSDC+0.0044%4h4.7633+0.061%$290K$311K10xas long as short
Binance LITUSDT+0.0046%4h4.7674+0.147%$75.5M$81.4M75xas long as short
Aevo LIT-PERP+0.0064%1h4.7588−0.034%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7739+0.284%$59.8M$30.1M5xas long as short
Extended LIT-USD+0.0096%1h4.7679+0.158%$5.3M$5.2M25xas long as short
Hyperliquid LITshort+0.0100%1h4.7755+0.317%$212.5M$45.3M5x
Aster LITUSDT+0.0100%4h4.7689+0.179%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7716+0.235%$588K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7707+0.216%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7730+0.265%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7680+0.160%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7636+0.068%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7629+0.053%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7684+0.168%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.315%$119K$6K10xas long as short
Perpl LIT+0.0112%43m4.7626+0.046%$31K$839K33xas long as short
BloFin LIT-USDT+0.0184%4h4.7575−0.061%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7641+0.077%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7756+0.319%$3.8M$14.2M5xas long as short