LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.016%

Price spread now: Nado against Phoenix−0.213%57s7-day average −0.122% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.494% of the position

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.213%, 7d avg −0.122%

Together, before fees+0.107%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.091% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of −0.122%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix LIT	4.7171	−0.0034	get 0.0004% / 1h	2m 36s	$203K	$305K	5x
Short	Nado LIT-PERP	4.7070	0.0078	get 0.0010% / 1h	2m 36s	$2.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now −0.213%Rate

Funding earned: $23.61
Price spread: −0.213% → −0.122%: −$9.11
Slippage, 4 orders: −$35.37
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$34.87
Costs to cover: 0.494%
Break-even: 17.3 days

Slippage from Phoenix: live order book, 53 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 53 min ago	1.92 bp	16.1 bp −$16	58.1 bp −$581	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	0.74 bp	7.6 bp −$8	27.8 bp −$278	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	−0.0498%	1h	4.7143	−0.058%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7014	−0.333%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.7082	−0.189%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0296%	1h	4.7125	−0.097%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6904	−0.566%	$613K	$352K	50x	as long as short
Gate LIT_USDT	−0.0128%	4h	4.7130	−0.087%	$2.7M	$4.3M	50x	as long as short
Bybit LITUSDT	−0.0102%	4h	4.7059	−0.237%	$41.2M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0102%	4h	4.7080	−0.193%	$1.3M	$2.8M	20x	as long as short
Phoenix LITlong	−0.0034%	1h	4.7171	long leg	$203K	$305K	5x
dYdX LIT-USD	0.0000%	1h	4.7171	0.000%	$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	4.7174	+0.007%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0010%	4h	4.7067	−0.220%	$25.3M	$61.2M	50x	as long as short
KuCoin LITUSDTM	+0.0014%	4h	4.7087	−0.178%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.842%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.7010	−0.340%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.7105	−0.140%	$785K	$2.1M	5x	as long as short
Backpack LIT_USDC_PERP	+0.0076%	1h	4.7137	−0.072%	$664K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0076%	1h	4.7070	−0.214%	$56K	$76K	50x	as long as short
Nado LIT-PERPshort	+0.0078%	1h	4.7070	−0.213%	$2.2M	$1.7M	10x
Extended LIT-USD	+0.0080%	1h	4.7042	−0.274%	$5.2M	$5.0M	25x	as long as short
Aftermath Perps LITUSD	+0.0081%	1h	4.7083	−0.187%	$10K	$204K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7134	−0.078%	$58.7M	$29.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7173	+0.004%	$3.8M	$13.5M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7155	−0.034%	$210.5M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7100	−0.151%	$576K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7045	−0.266%	$75.3M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7082	−0.189%	$118K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	−0.240%	$120K	$4K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7071	−0.212%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7120	−0.108%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7102	−0.145%	$288K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7074	−0.206%	$906K	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7066	−0.223%	$440K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7176	+0.011%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7131	−0.085%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7111	−0.127%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7133	−0.081%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7121	−0.105%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7180	+0.020%	$31K	$760K	33x	as long as short
Aster LITUSDT	+0.0247%	4h	4.7170	−0.003%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7100	−0.151%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7178	+0.014%	$65K	—	50x	as long as short