Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.005%
Price spread now: Injective against Nado+2.388%7-day average −9.947% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)−17.011%−$1,701 · spread now +2.388%, 7d avg −9.947%
=Together, before fees−17.070%+ Points / potential airdropNado: Active · farm board−$1,707 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 12.336% dearer against Nado than usual: you sell high and buy low (spread +2.388% now, against its 7-day average of −9.947%): +$1,234 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado LIT-PERP | 4.6920 | 0.0100 | pay 0.0012% / 1h | 5m 08s | $2.2M | $1.7M | 10x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 5m 08s | $422 | $178K | 5.5x |
Nado LIT-PERP
Injective LIT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +2.388% → −9.947%
- $1,233.56
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,212.54
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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 | 0.75 bp | 9.3 bp −$9 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LIT on 41 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0512% | 1h | 4.6899 | −0.044% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0430% | 4h | 4.6862 | −0.123% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0322% | 1h | 4.6904 | −0.033% | $84K | $72K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0200% | 1h | 4.6917 | −0.004% | $41K | $40K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0136% | 4h | 4.6951 | +0.066% | $893K | $1.7M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0112% | 1h | 4.6900 | −0.042% | $56K | $77K | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7017 | +0.208% | $203K | $352K | 5x | as long as short |
| Phemex LITUSDT | −0.0087% | 4h | 4.6910 | −0.020% | $1.4M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0084% | 4h | 4.6933 | +0.029% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7385 | +0.991% | $670K | $373K | 50x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
Phoenix LIT
Phemex LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTXShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LIT-USDT-SWAP | −0.0074% | 4h | 4.6901 | −0.039% | $25.4M | $61.8M | 50x | as long as short |
| Gate LIT_USDT | −0.0026% | 4h | 4.6900 | −0.042% | $2.7M | $4.3M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6912 | −0.016% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6929 | +0.021% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +2.388% | $422 | $178K | 5.5x | |
| Bulk LIT-USD | +0.0039% | 1h | 4.6872 | −0.101% | $117K | $1K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0047% | 8h | 4.6891 | −0.060% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.6941 | +0.046% | $818K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6957 | +0.080% | $58.8M | $29.7M | 5x | as long as short |
| Nado LIT-PERPlong | +0.0100% | 1h | 4.6920 | long leg | $2.2M | $1.7M | 10x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.6946 | +0.056% | $209.9M | $41.3M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6922 | +0.005% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6882 | −0.080% | $74.7M | $78.5M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6881 | −0.082% | $41.7M | $28.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6924 | +0.010% | $117K | $444K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6895 | −0.052% | $5.4M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6930 | +0.022% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6923 | +0.007% | $680K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6884 | −0.076% | $286K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6979 | +0.127% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6931 | +0.024% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6934 | +0.031% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6910 | −0.020% | $1K | $419K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7000 | +0.172% | $189K | $352K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6892 | −0.059% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6906 | −0.028% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0123% | 4h | 4.6976 | +0.121% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0208% | 1h | 4.6982 | +0.133% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0260% | 1h | 4.7014 | +0.202% | $9K | $209K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0406% / S −0.0201% | 1h | 4.6919 | −0.001% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6973 | +0.114% | $31K | $839K | 33x | as long as short |
OKX LIT-USDT-SWAP
Gate LIT_USDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bulk LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT