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+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: Nado against Injective−2.550%49s7-day average +9.947% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.059%+$6 on $10k
Price spread, last 3 days (all we have)+17.173%+$1,717 · spread now −2.550%, 7d avg +9.947%
Together, before fees+17.232%+ Points / potential airdropNado: Active · farm board+$1,723 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 12.497% cheaper against Injective than usual: you would sell low and buy high (spread −2.550% now, against its 7-day average of +9.947%). If the spread goes back, that is −$1,250 on $10k: about 21 months of funding at the current rate (+$2 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LIT/USDC PERP4.80400.0033pay 0.0004% / 1h41m 45s$422$178K5.5x
ShortNado LIT-PERP4.68150.0100get 0.0012% / 1h41m 45s$2.2M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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
$14
Price spread: −2.550% → +9.947%
−$1,249.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$1,242.76
Costs to cover
0.070%
Break-even
628.4 days
Slippage unknown: Injective: no order-book sample; Nado: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Nado live order book, 2 min ago1.49 bp13.2 bp −$1332.1 bp −$321doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0753%1h4.6828−2.524%$41K$40K10xas long as short
01 Exchange LITUSD−0.0600%1h4.6790−2.602%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0467%4h4.6752−2.681%$32K$2K10xas long as short
Bullet LIT-USD−0.0423%1h4.6812−2.555%$84K$73K20xas long as short
OKX LIT-USDT-SWAP−0.0176%4h4.6861−2.454%$25.5M$63.5M50xas long as short
Gate LIT_USDT−0.0166%4h4.6880−2.415%$2.8M$4.3M50xas long as short
Backpack LIT_USDC_PERP−0.0160%1h4.6910−2.352%$680K$1.4M5xas long as short
KuCoin LITUSDTM−0.0138%4h4.6854−2.469%$5.2M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0132%4h4.7027−2.109%$893K$1.8M10xas long as short
Phoenix LIT−0.0102%1h4.7081−1.996%$203K$352K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0080%1h4.7209−1.730%$668K$387K50xas long as short
dYdX LIT-USD0.0000%1h4.6903−2.367%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.6861−2.455%$469150xas long as short
Bulk LIT-USD+0.0028%1h4.6991−2.183%$117K$1K10xas long as short
Injective LIT/USDC PERPlong+0.0033%1h4.8040long leg$422$178K5.5x
Paradex LIT-USD-PERP+0.0037%8h4.6830−2.519%$7K$2K5xas long as short
ApeX Omni LITUSDT+0.0052%1h4.7040−2.082%$56K$77K50xas long as short
SoDEX LIT-USD+0.0072%1h4.6835−2.508%$1K$453K5xas long as short
RISEx LIT/USDC+0.0081%1h4.6890−2.393%$781K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.6913−2.346%$58.8M$29.3M5xas long as short
Nado LIT-PERPshort+0.0100%1h4.6815−2.550%$2.2M$1.7M10x
Hyperliquid LIT+0.0100%1h4.6977−2.213%$210.5M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.6951−2.267%$12.6M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.6863−2.450%$581K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.6842−2.494%$74.8M$80.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.6858−2.460%$42.1M$29.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.6858−2.460%$116K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6851−2.475%$5.5M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.6910−2.352%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.6985−2.196%$286K$306K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6833−2.512%$443K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6862−2.453%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6868−2.440%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7061−2.038%$188K$354K30xas long as short
Phemex LITUSDT+0.0100%4h4.6820−2.540%$1.4M$2.7M20xas long as short
Lighter RH LIT+0.0104%1h4.6933−2.304%$3.7M$13.2M5xas long as short
Extended LIT-USD+0.0104%1h4.6824−2.532%$5.1M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6809−2.562%$146K3xas long as short
Aftermath Perps LITUSD+0.0318%1h4.7051−2.059%$8K$210K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7139−1.876%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0402% / S −0.0196%1h4.6852−2.472%$63K50xas long as short
Perpl LIT+0.0447%43m4.6859−2.459%$31K$860K33xas long as short