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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.006%
Price spread now: Nado against Pacifica−0.215%50s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.375% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 7 days+0.198%+$20 · spread now −0.215%, 7d avg −0.016%
Together, before fees+0.189%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.198% cheaper against Pacifica than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LIT4.75370.0100pay 0.0013% / 1h42m 42s$590K$1.7M10x
ShortNado LIT-PERP4.74350.0028get 0.0004% / 1h42m 42s$2.2M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Pacifica. 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
−$15.1
Price spread: −0.215% → −0.016%
−$19.83
Slippage, 4 orders
−$22.46
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$72.39
Costs to cover
0.375%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; Nado: live order book, 1 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 Pacifica live order book, 1 min ago3.79 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 1 min ago0.84 bp9.3 bp −$928.9 bp −$289doesn'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
Deribit LIT_USDC-PERPETUAL−0.0639%1h4.7523−0.030%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0512%4h4.7471−0.139%$32K$2K10xas long as short
01 Exchange LITUSD−0.0400%1h4.7432−0.221%$33K$4K5xas long as short
Gate LIT_USDT−0.0366%4h4.7530−0.015%$2.8M$4.4M50xas long as short
Bullet LIT-USD−0.0324%1h4.7464−0.154%$85K$77K20xas long as short
OKX LIT-USDT-SWAP−0.0255%4h4.7515−0.046%$25.8M$64.1M50xas long as short
Phemex LITUSDT−0.0149%4h4.7510−0.057%$1.4M$2.7M20xas long as short
KuCoin LITUSDTM−0.0146%4h4.7490−0.099%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7498−0.082%$672K$402K50xas long as short
Backpack LIT_USDC_PERP−0.0070%1h4.7549+0.025%$685K$1.4M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.7328−0.440%$205K$361K5xas long as short
ApeX Omni LITUSDT−0.0028%1h4.7370−0.351%$56K$77K50xas long as short
Perpl LIT0.0000%43m4.7500−0.077%$31K$860K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7511−0.055%$35K150xas long as short
dYdX LIT-USD+0.0007%1h4.7561+0.050%$34K5xas long as short
GRVT LIT_USDT_Perp+0.0024%4h4.7420−0.247%$899K$1.8M10xas long as short
Nado LIT-PERPshort+0.0028%1h4.7435−0.215%$2.2M$1.7M10x
Injective LIT/USDC PERP+0.0033%1h4.8040+1.058%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0041%8h4.7490−0.098%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7577+0.084%$59.5M$29.6M5xas long as short
Aster LITUSDT+0.0100%4h4.7606+0.145%$12.7M$2.3M50xas long as short
Pacifica LITlong+0.0100%1h4.7537long leg$590K$1.7M10x
Binance LITUSDT+0.0100%4h4.7503−0.073%$75.8M$81.3M75xas long as short
Bybit LITUSDT+0.0100%4h4.7509−0.059%$42.8M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7584+0.099%$118K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7141−0.833%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7493−0.093%$5.7M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7600+0.133%$6.8M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7332−0.432%$288K$312K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7496−0.086%$449K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7557+0.042%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7403−0.282%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7515−0.046%$994$463K5xas long as short
HTX LIT-USDT+0.0100%4h4.7481−0.118%$189K$347K30xas long as short
Lighter RH LIT+0.0104%1h4.7589+0.109%$3.7M$13.7M5xas long as short
Extended LIT-USD+0.0104%1h4.7549+0.025%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7497−0.084%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7624+0.182%$812K$2.0M5xas long as short
Hyperliquid LIT+0.0205%1h4.7609+0.151%$213.5M$44.9M5xas long as short
Aftermath Perps LITUSD+0.0324%1h4.7365−0.362%$10K$205K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7509−0.059%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0384% / S −0.0176%1h4.7510−0.058%$63K50xas long as short