Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%

Price spread now: Nado against SunX+0.061%48s7-day average +0.012% · you sell dearer than you buy

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

Long on SunX Short on Nado

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)−0.090%−$9 · spread now +0.061%, 7d avg +0.012%

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.049% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 48 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	SunX LIT-USDT	4.7386	0.0100	pay 0.0050% / 4h	28m 22s	$4K	$1.2M	20x
Short	Nado LIT-PERP	4.7415	0.0100	get 0.0012% / 1h	28m 22s	$2.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SunX. 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 SunXbpFee NadobpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → +0.012%: $4.88
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$10.12
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Nado: live order book, just now. 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 SunX live order book, 5 min ago	500.04 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, just now	1.90 bp	9.2 bp −$9	30.6 bp −$306	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	−0.0872%	4h	4.7450	+0.135%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0584%	4h	4.7366	−0.042%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7371	−0.032%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0557%	1h	4.7447	+0.129%	$42K	$40K	10x	as long as short
OKX LIT-USDT-SWAP	−0.0414%	4h	4.7414	+0.059%	$25.7M	$63.8M	50x	as long as short
Phemex LITUSDT	−0.0355%	4h	4.7420	+0.072%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0333%	1h	4.7405	+0.039%	$85K	$80K	20x	as long as short
KuCoin LITUSDTM	−0.0208%	4h	4.7416	+0.063%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.469%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0108%	4h	4.7364	−0.047%	$900K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7369	−0.036%	$206K	$353K	5x	as long as short
Bybit LITUSDT	−0.0043%	4h	4.7410	+0.051%	$42.7M	$30.0M	75x	as long as short
Perpl LIT	0.0000%	43m	4.7432	+0.098%	$31K	$840K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7452	+0.139%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7438	+0.111%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7454	+0.144%	$817K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0022%	8h	4.7398	+0.026%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.380%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0083%	4h	4.7384	−0.005%	$288K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0086%	4h	4.7388	+0.004%	$5.5M	$4.1M	100x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.7418	+0.068%	$148K	$44K	3x	as long as short
Binance LITUSDT	+0.0092%	4h	4.7388	+0.004%	$75.5M	$81.4M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7485	+0.209%	$59.7M	$30.0M	5x	as long as short
Nado LIT-PERPshort	+0.0100%	1h	4.7415	+0.061%	$2.2M	$1.7M	10x
Aster LITUSDT	+0.0100%	4h	4.7495	+0.230%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7441	+0.116%	$591K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7434	+0.101%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7353	−0.070%	$118K	$4K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7430	+0.093%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7446	+0.127%	$673K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7370	−0.034%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7436	+0.106%	$448K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7466	+0.169%	$2K	$650	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7386	long leg	$4K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7451	+0.137%	$985	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7443	+0.120%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7406	+0.043%	$5.2M	$5.1M	25x	as long as short
Aftermath Perps LITUSD	+0.0167%	1h	4.7480	+0.199%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7497	+0.234%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0212%	1h	4.7497	+0.234%	$213.0M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0328%	4h	4.7369	−0.036%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7435	+0.103%	$62K	—	50x	as long as short