Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%

Price spread now: KuCoin against Nado+0.055%7-day average +0.008% · 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−$73as in the Price arb table

costs, in and out, $10k−$780.782% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.084%−$8 on $10k

Price spread, last 7 days−0.200%−$20 · spread now +0.055%, 7d avg +0.008%

Together, before fees−0.284%+ Points / potential airdropNado: Active · farm board−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.047% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.7969	0.0100	pay 0.0012% / 1h	39m 52s	$2.2M	$1.6M	10x
Short	KuCoin LITUSDTM	4.7995	0.0100	get 0.0050% / 4h	39m 52s	$5.5M	$958K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → +0.008%: $4.73
Slippage, 4 orders: −$59.16
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$73.43
Costs to cover: 0.782%
Break-even: 7544089563796966.0 days

Slippage from Nado: live order book, 4 min ago; KuCoin: live order book, 8 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	1.77 bp	8.4 bp −$8	24.2 bp −$242	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	5.53 bp	27.7 bp −$28	171.0 bp −$1,710	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
Deribit LIT_USDC-PERPETUAL	−0.0595%	1h	4.7899	−0.145%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0392%	1h	4.7922	−0.097%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0367%	4h	4.7880	−0.184%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.394%	$605K	$347K	50x	as long as short
Bullet LIT-USD	−0.0261%	1h	4.7933	−0.074%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0149%	4h	4.7976	+0.016%	$25.8M	$59.9M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0096%	4h	4.7900	−0.143%	$891K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0079%	1h	4.7900	−0.143%	$57K	$73K	50x	as long as short
Bybit LITUSDT	−0.0004%	4h	4.7970	+0.003%	$41.7M	$28.0M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8030	+0.129%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7984	+0.033%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.149%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8006	+0.078%	$206K	$293K	5x	as long as short
Phemex LITUSDT	+0.0056%	4h	4.7920	−0.101%	$1.4M	$2.7M	20x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.7982	+0.028%	$801K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7961	−0.017%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8013	+0.093%	$59.8M	$26.5M	5x	as long as short
Nado LIT-PERPlong	+0.0100%	1h	4.7969	long leg	$2.2M	$1.6M	10x
Pacifica LIT	+0.0100%	1h	4.8024	+0.116%	$771K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7951	−0.036%	$76.9M	$74.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7966	−0.005%	$125K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8008	+0.082%	$120K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7980	+0.024%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7974	+0.011%	$5.9M	$3.9M	100x	as long as short
KuCoin LITUSDTMshort	+0.0100%	4h	4.7995	+0.055%	$5.5M	$958K	30x
Bitget LITUSDT	+0.0100%	4h	4.8010	+0.087%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7946	−0.047%	$766K	$945K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7925	−0.090%	$293K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7934	−0.072%	$450K	$82K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7937	−0.066%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7915	−0.112%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7890	−0.164%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8019	+0.105%	$200K	$298K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7963	−0.011%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7917	−0.107%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0152%	1h	4.8029	+0.126%	$3.7M	$12.7M	5x	as long as short
Aster LITUSDT	+0.0190%	4h	4.8062	+0.195%	$12.9M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0250%	1h	4.8051	+0.172%	$217.0M	$38.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0323%	1h	4.7972	+0.008%	$10K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7946	−0.047%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7968	−0.001%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7986	+0.037%	$32K	$653K	33x	as long as short