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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.06 per $10,000 · paid last 24h −0.010%
Price spread now: Nado against Bulk−0.305%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$340.344% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.305%, 7d avg −0.044%
Together, before fees+0.235%+ Points / potential airdropNado: Active · farm board+$23 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 0.261% cheaper against Bulk than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk LIT-USD4.79090.0100pay 0.0013% / 1h33m 14s$121K$2K10x
ShortNado LIT-PERP4.77630.0048get 0.0006% / 1h33m 14s$2.1M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bulk. 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
−$10.86
Price spread: −0.305% → −0.044%
−$26.12
Slippage, 4 orders
−$20.39
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$71.37
Costs to cover
0.344%
Break-even
never at this rate
Slippage from Bulk: live order book, just now; Nado: live order book, 6 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 Bulk live order book, just now1.04 bp8.4 bp −$815.5 bp −$15542.7 bp −$4,269doesn't fit
Sell Nado live order book, 6 min ago0.94 bp8.5 bp −$931.7 bp −$317doesn'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
01 Exchange LITUSD−0.0496%1h4.7749−0.333%$31K$3K5xas long as short
GRVT LIT_USDT_Perp−0.0426%4h4.7979+0.146%$894K$2.0M10xas long as short
Orderly PERP_LIT_USDC−0.0394%4h4.7747−0.337%$33K$31310xas long as short
Deribit LIT_USDC-PERPETUAL−0.0323%1h4.7819−0.188%$42K$39K10xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7938+0.061%$607K$349K50xas long as short
Bullet LIT-USD−0.0229%1h4.7788−0.252%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0167%4h4.7815−0.196%$25.8M$58.8M50xas long as short
ApeX Omni LITUSDT−0.0112%1h4.7960+0.107%$57K$75K50xas long as short
Gate LIT_USDT−0.0110%4h4.7840−0.143%$2.8M$4.0M50xas long as short
Bybit LITUSDT−0.0068%4h4.7800−0.227%$41.5M$27.3M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.7858−0.106%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8001+0.193%$36K150xas long as short
Phoenix LIT+0.0017%1h4.8016+0.224%$206K$288K5xas long as short
Backpack LIT_USDC_PERP+0.0025%1h4.7937+0.059%$684K$986K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.274%$422$178K5.5xas long as short
Nado LIT-PERPshort+0.0048%1h4.7763−0.305%$2.1M$1.6M10x
Paradex LIT-USD-PERP+0.0096%8h4.7805−0.216%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7873−0.074%$59.6M$26.1M5xas long as short
Lighter RH LIT+0.0096%1h4.7916+0.015%$3.7M$12.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7838−0.148%$216.1M$38.3M5xas long as short
Pacifica LIT+0.0100%1h4.7820−0.185%$672K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7778−0.273%$76.8M$73.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7797−0.233%$127K$420K5xas long as short
Bulk LIT-USDlong+0.0100%1h4.7909long leg$121K$2K10x
MEXC LIT_USDT+0.0100%4h4.7796−0.235%$6.2M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7856−0.110%$5.5M$902K30xas long as short
Bitget LITUSDT+0.0100%4h4.7800−0.227%$6.8M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.7979+0.146%$294K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7795−0.237%$445K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.8031+0.256%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7756−0.319%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7821−0.183%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.8019+0.230%$193K$305K30xas long as short
Phemex LITUSDT+0.0100%4h4.7820−0.185%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7793−0.242%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7696−0.444%$149K3xas long as short
RISEx LIT/USDC+0.0118%1h4.7825−0.174%$804K$2.4M5xas long as short
Aster LITUSDT+0.0279%4h4.7845−0.133%$12.8M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.7977+0.142%$32K$627K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7797−0.233%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7816−0.194%$64K50xas long as short
Aftermath Perps LITUSD+0.0503%1h4.7997+0.184%$10K$201K10xas long as short