Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0106%/8h= +11.7% APRpaid last 24h +0.014%

Price spread now: SunX against Nado−0.095%7-day average −0.014% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.016%+$2 on $10k

Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.095%, 7d avg −0.014%

Together, before fees+0.129%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.081% cheaper against Nado than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.014%). If the spread goes back, that is −$8 on $10k: about 2.5 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.016% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.7505	−0.0006	get 0.0001% / 1h	9m 50s	$2.2M	$1.7M	10x
Short	SunX LIT-USDT	4.7460	0.0100	get 0.0050% / 4h	1h 09m	$4K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.095%Rate

Funding earned: $22.35
Price spread: −0.095% → −0.014%: −$8.11
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$0.76
Costs to cover: 0.150%
Break-even: 7.2 days

Slippage unknown: Nado: live order book, 4 min ago; SunX: live order book, 3 min ago. 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	0.85 bp	8.1 bp −$8	26.4 bp −$264	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	500.11 bp	doesn't fit	doesn't fit	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
Gate LIT_USDT	−0.1188%	4h	4.7500	−0.011%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0810%	1h	4.7495	−0.021%	$42K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0659%	1h	4.7485	−0.042%	$666K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0626%	4h	4.7443	−0.131%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7447	−0.122%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0505%	4h	4.7470	−0.074%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0468%	4h	4.7451	−0.114%	$25.6M	$63.4M	50x	as long as short
Bullet LIT-USD	−0.0329%	1h	4.7492	−0.027%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0255%	4h	4.7430	−0.158%	$42.8M	$30.2M	75x	as long as short
Aftermath Perps LITUSD	−0.0251%	1h	4.7246	−0.544%	$10K	$202K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0244%	4h	4.7447	−0.122%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7507	+0.004%	$672K	$401K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0134%	4h	4.7261	−0.513%	$900K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7536	+0.064%	$813K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7192	−0.659%	$204K	$327K	5x	as long as short
Nado LIT-PERPlong	−0.0006%	1h	4.7505	long leg	$2.2M	$1.7M	10x
dYdX LIT-USD	0.0000%	1h	4.7543	+0.081%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7515	+0.021%	$32K	$839K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7552	+0.099%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0005%	8h	4.7451	−0.113%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.126%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0060%	4h	4.7407	−0.206%	$75.3M	$81.0M	75x	as long as short
edgeX LITUSDC	+0.0061%	4h	4.7175	−0.695%	$287K	$309K	10x	as long as short
MEXC LIT_USDT	+0.0062%	4h	4.7415	−0.189%	$5.7M	$4.2M	100x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7470	−0.073%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7507	+0.004%	$59.8M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7534	+0.061%	$212.4M	$44.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7528	+0.048%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7510	+0.011%	$608K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7482	−0.048%	$118K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.229%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7470	−0.074%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7280	−0.474%	$55K	$76K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7524	+0.040%	$449K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7547	+0.088%	$2K	$650	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.7460	−0.095%	$4K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7450	−0.116%	$994	$465K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7467	−0.080%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7425	−0.168%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7531	+0.055%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0249%	4h	4.7426	−0.166%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7548	+0.090%	$62K	—	50x	as long as short