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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0487%/8h= +53.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Nado+0.054%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.054%, 7d avg +0.002%
Together, before fees−0.172%+ Points / potential airdropNado: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and SoDEX is 0.052% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LIT-PERP4.7390−0.0387get 0.0048% / 1h51m 43s$2.2M$1.7M10x
ShortSoDEX LIT-USD4.74160.0100get 0.0013% / 1h51m 43s$1K$385K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$102.29
Price spread: +0.054% → +0.002%
$5.2
Slippage, 4 orders
−$40.87
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$51.62
Costs to cover
0.559%
Break-even
3.5 days
Slippage from Nado: live order book, 2 min ago; SoDEX: live order book, 2 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 ago1.38 bp8.4 bp −$824.4 bp −$244doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.11 bp19.7 bp −$2052.0 bp −$520doesn'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
ApeX Omni LITUSDT−0.0498%1h4.7060−0.697%$56K$76K50xas long as short
Nado LIT-PERPlong−0.0387%1h4.7390long leg$2.2M$1.7M10x
Orderly PERP_LIT_USDC−0.0387%4h4.7357−0.071%$32K$1K10xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.6904−1.027%$613K$352K50xas long as short
01 Exchange LITUSD−0.0232%1h4.7429+0.081%$33K$3K5xas long as short
Bullet LIT-USD−0.0183%1h4.7389−0.003%$85K$68K20xas long as short
Phemex LITUSDT−0.0150%4h4.7390−0.001%$1.4M$2.9M20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0136%1h4.7410+0.041%$42K$40K10xas long as short
Bybit LITUSDT−0.0133%4h4.7360−0.064%$41.5M$29.1M75xas long as short
GRVT LIT_USDT_Perp−0.0126%4h4.6975−0.876%$904K$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0017%1h4.7264−0.267%$203K$299K5xas long as short
OKX LIT-USDT-SWAP−0.0011%4h4.7364−0.056%$25.5M$61.7M50xas long as short
RISEx LIT/USDC−0.0008%1h4.7432+0.088%$813K$2.2M5xas long as short
dYdX LIT-USD0.0000%1h4.7411+0.044%$34K5xas long as short
KuCoin LITUSDTM0.0000%4h4.7402+0.024%$5.3M$1.0M30xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7418+0.057%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.371%$422$178K5.5xas long as short
Aftermath Perps LITUSD+0.0049%1h4.7198−0.406%$9K$205K10xas long as short
Paradex LIT-USD-PERP+0.0072%8h4.7333−0.122%$7K$2K5xas long as short
Extended LIT-USD+0.0080%1h4.7387−0.007%$5.2M$5.0M25xas long as short
Lighter LIT+0.0096%1h4.7463+0.153%$59.3M$28.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7487+0.204%$212.0M$42.1M5xas long as short
Pacifica LIT+0.0100%1h4.7373−0.036%$579K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7359−0.067%$75.9M$79.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.7416+0.054%$118K$451K5xas long as short
Gate LIT_USDT+0.0100%4h4.7410+0.041%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7403+0.026%$5.7M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.7430+0.083%$6.8M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7445+0.115%$665K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.6977−0.872%$287K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7418+0.058%$443K$109K10xas long as short
Derive LIT-PERP+0.0100%1h4.7436+0.096%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7419+0.060%$4K$1.2M20xas long as short
SoDEX LIT-USDshort+0.0100%1h4.7416+0.054%$1K$385K5x
HTX LIT-USDT+0.0100%4h4.7335−0.117%$200K$360K30xas long as short
Bulk LIT-USD+0.0100%1h4.7192−0.420%$118K$8K10xas long as short
Aevo LIT-PERP+0.0104%1h4.7411+0.044%$148K3xas long as short
Perpl LIT+0.0112%43m4.7437+0.099%$31K$762K33xas long as short
Aster LITUSDT+0.0261%4h4.7438+0.100%$12.7M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7370−0.043%$1.6M$1.9M75xas long as short
Lighter RH LIT+0.0360%1h4.7489+0.208%$3.8M$13.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0437% / S −0.0231%1h4.7419+0.061%$66K50xas long as short