Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h +0.012%

Price spread now: MEXC against Nado−0.011%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on Nado Short on MEXC

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 7 days+0.026%+$3 · spread now −0.011%, 7d avg −0.034%

Together, before fees0.000%+ Points / potential airdropNado: Active · farm board$0 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: MEXC is 0.023% dearer against Nado than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.7525	0.0027	pay 0.0003% / 1h	28m 15s	$2.1M	$1.7M	10x
Short	MEXC LIT_USDT	4.7520	0.0030	get 0.0015% / 4h	2h 28m	$5.8M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.011%Rate

Funding earned: $0.72
Price spread: −0.011% → −0.034%: $2.33
Slippage, 4 orders: −$14.34
Fee Nado: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$22.29
Costs to cover: 0.253%
Break-even: 224.1 days

Slippage from Nado: live order book, 1 min ago; MEXC: live order book, 4 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, 1 min ago	0.10 bp	9.8 bp −$10	27.0 bp −$270	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.11 bp	3.7 bp −$4	47.5 bp −$475	342.6 bp −$34.3K	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	−0.0956%	1h	4.7540	+0.032%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0692%	4h	4.7550	+0.053%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0602%	4h	4.7504	−0.044%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7496	−0.061%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0540%	4h	4.7530	+0.011%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0407%	1h	4.7674	+0.314%	$670K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0370%	1h	4.7535	+0.022%	$86K	$81K	20x	as long as short
Bybit LITUSDT	−0.0313%	4h	4.7554	+0.061%	$43.1M	$30.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0313%	4h	4.7523	−0.004%	$25.0M	$61.8M	50x	as long as short
KuCoin LITUSDTM	−0.0298%	4h	4.7600	+0.158%	$5.3M	$1.1M	30x	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	−0.0292%	4h	4.7463	−0.130%	$906K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.413%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7537	+0.025%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7532	+0.015%	$6K	$2K	5x	as long as short
Extended LIT-USD	−0.0024%	1h	4.7515	−0.021%	$5.3M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0006%	1h	4.7535	+0.021%	$998	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7598	+0.154%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7605	+0.169%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7584	+0.123%	$818K	$2.0M	5x	as long as short
Nado LIT-PERPlong	+0.0027%	1h	4.7525	long leg	$2.1M	$1.7M	10x
MEXC LIT_USDTshort	+0.0030%	4h	4.7520	−0.011%	$5.8M	$4.2M	100x
edgeX LITUSDC	+0.0030%	4h	4.7464	−0.128%	$289K	$312K	10x	as long as short
Polymarket Perps LIT-USD	+0.0031%	1h	4.7544	+0.040%	$449K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.084%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0033%	4h	4.7522	−0.006%	$75.1M	$81.2M	75x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.096%	$119K	$6K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7599	+0.156%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7636	+0.234%	$59.7M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7597	+0.151%	$211.3M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7624	+0.208%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7605	+0.168%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7552	+0.057%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7550	+0.053%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7490	−0.074%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7586	+0.127%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7580	+0.116%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7736	+0.444%	$191K	$329K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7587	+0.131%	$31K	$838K	33x	as long as short
BloFin LIT-USDT	+0.0127%	4h	4.7666	+0.297%	$1.5M	$2.1M	75x	as long as short
Aftermath Perps LITUSD	+0.0142%	1h	4.7486	−0.081%	$12K	$199K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7583	+0.122%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0360%	1h	4.7652	+0.267%	$3.7M	$14.2M	5x	as long as short