Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.001%

Price spread now: Nado against Paradex+0.279%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Nado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.279% dearer against Paradex than usual: you sell high and buy low (spread +0.279% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LIT-USD-PERP	4.6982	0.0079	pay 0.0079% / 8h	3h 31m	$6K	$2K	5x
Short	Nado LIT-PERP	4.7113	0.0016	get 0.0002% / 1h	31m 06s	$2.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Paradex. 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 ParadexbpFee NadobpOrdersPrice spread, now +0.279%Rate

Funding earned: −$13.21
Price spread: +0.279% → 0.000%: $27.9
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $3.69
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Nado: 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 Paradex no order-book sample	—	—	—	—	—
Sell Nado live order book, 3 min ago	0.21 bp	7.4 bp −$7	28.1 bp −$281	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0424%	1h	4.7157	+0.372%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7098	+0.246%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.167%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.7135	+0.324%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0256%	1h	4.7127	+0.308%	$33K	$3K	5x	as long as short
ApeX Omni LITUSDT	−0.0063%	1h	4.7080	+0.208%	$56K	$76K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0023%	4h	4.7137	+0.329%	$25.4M	$61.2M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7105	+0.261%	$203K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7152	+0.361%	$800K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7092	+0.232%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7176	+0.413%	$11K	—	150x	as long as short
Nado LIT-PERPshort	+0.0016%	1h	4.7113	+0.279%	$2.2M	$1.7M	10x
KuCoin LITUSDTM	+0.0018%	4h	4.7131	+0.316%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.251%	$422	$178K	5.5x	as long as short
Phemex LITUSDT	+0.0040%	4h	4.7140	+0.335%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERPlong	+0.0079%	8h	4.6982	long leg	$6K	$2K	5x
Bybit LITUSDT	+0.0083%	4h	4.7150	+0.357%	$41.1M	$28.9M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7205	+0.474%	$58.9M	$28.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7233	+0.533%	$210.9M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7095	+0.240%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7129	+0.313%	$75.6M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7138	+0.331%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	+0.210%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7160	+0.378%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7133	+0.321%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7180	+0.421%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7184	+0.429%	$661K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7050	+0.143%	$288K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7080	+0.208%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7132	+0.318%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7187	+0.437%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7147	+0.350%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7149	+0.355%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7058	+0.161%	$199K	$358K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7121	+0.295%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7124	+0.301%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7176	+0.412%	$31K	$746K	33x	as long as short
Aftermath Perps LITUSD	+0.0186%	1h	4.7077	+0.202%	$9K	$206K	10x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7205	+0.474%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0257%	4h	4.7181	+0.423%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7130	+0.314%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7181	+0.423%	$65K	—	50x	as long as short