Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0349%/8h= +38.2% APRpaid last 24h +0.075%

Price spread now: Nado against OKX+0.045%7-day average +0.010% · 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−$32as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on OKX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.156%+$16 on $10k

Price spread, last 7 days−0.072%−$7 · spread now +0.045%, 7d avg +0.010%

Together, before fees+0.085%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Nado is 0.035% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LIT-USDT-SWAP	4.7480	−0.0309	get 0.0155% / 4h	2h 30m	$25.0M	$61.6M	50x
Short	Nado LIT-PERP	4.7501	0.0040	get 0.0005% / 1h	30m 18s	$2.1M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against OKX. 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 OKXbpFee NadobpOrdersPrice spread, now +0.045%Rate

Funding earned: $73.35
Price spread: +0.045% → +0.010%: $3.53
Slippage, 4 orders: −$18.39
Fee OKX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $41.49
Costs to cover: 0.354%
Break-even: 3.0 days

Slippage from OKX: live order book, 3 min ago; Nado: 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 OKX live order book, 3 min ago	0.11 bp	6.4 bp −$6	35.9 bp −$359	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	0.10 bp	10.9 bp −$11	29.5 bp −$295	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	−0.0906%	1h	4.7505	+0.053%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0694%	4h	4.7490	+0.021%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0597%	4h	4.7445	−0.074%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7447	−0.070%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0501%	4h	4.7490	+0.021%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0437%	1h	4.7517	+0.078%	$667K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0379%	1h	4.7484	+0.007%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAPlong	−0.0309%	4h	4.7480	long leg	$25.0M	$61.6M	50x
GRVT LIT_USDT_Perp	−0.0304%	4h	4.7340	−0.296%	$891K	$1.9M	10x	as long as short
Bybit LITUSDT	−0.0304%	4h	4.7530	+0.105%	$43.1M	$30.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	−0.0294%	4h	4.7485	+0.011%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7551	+0.149%	$657K	$402K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7438	−0.088%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0030%	8h	4.7459	−0.044%	$6K	$2K	5x	as long as short
Extended LIT-USD	−0.0024%	1h	4.7475	−0.011%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0023%	1h	4.7526	+0.097%	$994	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7505	+0.053%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7545	+0.137%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7527	+0.098%	$818K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0022%	1h	4.7511	+0.065%	$449K	$105K	10x	as long as short
edgeX LITUSDC	+0.0026%	4h	4.7394	−0.182%	$288K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0030%	4h	4.7475	−0.011%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0032%	4h	4.7499	+0.040%	$75.1M	$81.1M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.179%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.002%	$119K	$6K	10x	as long as short
Nado LIT-PERPshort	+0.0040%	1h	4.7501	+0.045%	$2.1M	$1.7M	10x
Aevo LIT-PERP	+0.0048%	1h	4.7474	−0.013%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7603	+0.259%	$59.7M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7551	+0.150%	$211.2M	$45.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7584	+0.219%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7512	+0.067%	$587K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7498	+0.038%	$117K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7510	+0.063%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7430	−0.105%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7526	+0.096%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7519	+0.082%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7573	+0.196%	$190K	$329K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7533	+0.112%	$31K	$841K	33x	as long as short
BloFin LIT-USDT	+0.0123%	4h	4.7448	−0.067%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0168%	1h	4.7438	−0.089%	$12K	$199K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7529	+0.103%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7619	+0.293%	$3.7M	$14.2M	5x	as long as short