Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%

Price spread now: Nado against edgeX−0.021%62s7-day average +0.005% · 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−$410.409% of the position

Long on edgeX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.022%+$2 on $10k

Price spread, last 4 days (all we have)+0.638%+$64 · spread now −0.021%, 7d avg +0.005%

Together, before fees+0.661%+ Points / potential airdropedgeX: Active · Nado: Active · farm board+$66 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 0.027% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 62 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	edgeX LITUSDC	4.7755	0.0100	pay 0.0050% / 4h	1h 48m	$292K	$303K	10x
Short	Nado LIT-PERP	4.7745	0.0100	get 0.0012% / 1h	48m 20s	$2.1M	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against edgeX. 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 edgeXbpFee NadobpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → +0.005%: −$2.68
Slippage, 4 orders: −$24.88
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.56
Costs to cover: 0.409%
Break-even: never at this rate

Slippage from edgeX: live order book, 60 min ago; Nado: live order book, just now.

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 edgeX live order book, 60 min ago	5.17 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, just now	0.42 bp	10.1 bp −$10	31.4 bp −$314	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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.013%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0381%	4h	4.7712	−0.090%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0367%	1h	4.7770	+0.032%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0224%	1h	4.7715	−0.084%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0183%	1h	4.7744	−0.023%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0173%	4h	4.7752	−0.007%	$25.6M	$61.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7650	−0.221%	$882K	$2.0M	10x	as long as short
Backpack LIT_USDC_PERP	−0.0070%	1h	4.7808	+0.111%	$674K	$1.1M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7822	+0.140%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7793	+0.080%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7792	+0.077%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.596%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0082%	4h	4.7759	+0.008%	$5.4M	$992K	30x	as long as short
ApeX Omni LITUSDT	+0.0086%	1h	4.7760	+0.010%	$57K	$75K	50x	as long as short
Phemex LITUSDT	+0.0091%	4h	4.7730	−0.053%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7755	0.000%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7826	+0.148%	$59.5M	$27.2M	5x	as long as short
Nado LIT-PERPshort	+0.0100%	1h	4.7745	−0.021%	$2.1M	$1.6M	10x
Pacifica LIT	+0.0100%	1h	4.7794	+0.082%	$620K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7739	−0.034%	$76.5M	$77.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7736	−0.040%	$41.4M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7771	+0.033%	$124K	$457K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7710	−0.095%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7780	+0.052%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7723	−0.067%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7800	+0.094%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.7755	long leg	$292K	$303K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7732	−0.049%	$448K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7788	+0.068%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7725	−0.063%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7767	+0.025%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7801	+0.096%	$198K	$323K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7729	−0.056%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7753	−0.005%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7762	+0.014%	$32K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7782	+0.055%	$797K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7826	+0.148%	$9K	$216K	10x	as long as short
Aster LITUSDT	+0.0224%	4h	4.7834	+0.164%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0301%	1h	4.7830	+0.157%	$215.8M	$40.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7737	−0.038%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7786	+0.064%	$64K	—	50x	as long as short
Lighter RH LIT	+0.0488%	1h	4.7848	+0.194%	$3.6M	$13.1M	5x	as long as short