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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0240%/8h= −26.3% APRnext payment $0.30 per $10,000 · paid last 24h −0.045%
Price spread now: Nado against Aftermath Perps−0.230%54s7-day average −0.116% · 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−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.316%−$32 on $10k
Price spread, last 4 days (all we have)+0.408%+$41 · spread now −0.230%, 7d avg −0.116%
Together, before fees+0.092%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.114% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.116%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps LITUSD4.71040.0340pay 0.0043% / 1h44m 36s$9K$209K10x
ShortNado LIT-PERP4.69950.0100get 0.0012% / 1h44m 36s$2.2M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aftermath Perps. 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
−$50.47
Price spread: −0.230% → −0.116%
−$11.41
Slippage, 4 orders
−$60.18
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$138.05
Costs to cover
0.762%
Break-even
never at this rate
Slippage from Aftermath Perps: live order book, 25 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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps live order book, 25 min ago4.51 bp25.0 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 4 min ago2.97 bp9.2 bp −$927.5 bp −$275doesn'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−0.0655%1h4.7031−0.154%$41K$40K10xas long as short
01 Exchange LITUSD−0.0584%1h4.6944−0.339%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0465%4h4.6976−0.271%$32K$2K10xas long as short
Bullet LIT-USD−0.0412%1h4.7039−0.136%$84K$72K20xas long as short
OKX LIT-USDT-SWAP−0.0170%4h4.7014−0.190%$25.6M$63.8M50xas long as short
Backpack LIT_USDC_PERP−0.0166%1h4.7064−0.084%$682K$1.4M5xas long as short
Gate LIT_USDT−0.0144%4h4.7020−0.177%$2.8M$4.2M50xas long as short
KuCoin LITUSDTM−0.0136%4h4.7044−0.126%$5.2M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0122%4h4.7120+0.035%$895K$1.8M10xas long as short
Phoenix LIT−0.0102%1h4.7162+0.124%$203K$352K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0080%1h4.7209+0.224%$668K$387K50xas long as short
dYdX LIT-USD0.0000%1h4.7063−0.086%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.7093−0.023%$471150xas long as short
Bulk LIT-USD+0.0028%1h4.6991−0.239%$117K$1K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.988%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0040%8h4.6986−0.250%$7K$2K5xas long as short
ApeX Omni LITUSDT+0.0052%1h4.7040−0.135%$56K$77K50xas long as short
RISEx LIT/USDC+0.0081%1h4.7043−0.127%$784K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.7079−0.052%$59.0M$29.2M5xas long as short
Nado LIT-PERPshort+0.0100%1h4.6995−0.230%$2.2M$1.7M10x
Hyperliquid LIT+0.0100%1h4.7112+0.018%$211.1M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7076−0.059%$12.6M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7002−0.215%$583K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.6979−0.264%$75.0M$80.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.7005−0.209%$42.2M$29.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7015−0.188%$116K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6980−0.262%$5.5M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7030−0.156%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.6985−0.251%$286K$306K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7015−0.188%$444K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7069−0.074%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7088−0.033%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7043−0.128%$1K$457K5xas long as short
HTX LIT-USDT+0.0100%4h4.7032−0.152%$188K$354K30xas long as short
Phemex LITUSDT+0.0100%4h4.7040−0.135%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.6973−0.277%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7010−0.198%$147K3xas long as short
Lighter RH LIT+0.0128%1h4.7097−0.014%$3.7M$13.2M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7139+0.075%$1.6M$2.0M75xas long as short
Aftermath Perps LITUSDlong+0.0340%1h4.7104long leg$9K$209K10x
GMX LIT/USD [ETH-USDC]L +0.0403% / S −0.0195%1h4.7074−0.062%$63K50xas long as short
Perpl LIT+0.0447%43m4.7104+0.001%$31K$861K33xas long as short