Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Nado against Lighter−0.209%47s7-day average −0.083% · 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−$290.286% of the position
Funding, last 3 days (all we have)−0.142%−$14 on $10k
+Price spread, last 7 days+0.273%+$27 · spread now −0.209%, 7d avg −0.083%
=Together, before fees+0.131%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$13 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 0.126% cheaper against Lighter than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.083%. The two prices were read 47 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 | Lighter LIT | 4.8266 | 0.0096 | pay 0.0012% / 1h | 2m 44s | $60.1M | $28.7M | 5x |
| Short | Nado LIT-PERP | 4.8165 | 0.0100 | get 0.0012% / 1h | 2m 44s | $2.2M | $1.6M | 10x |
Lighter LIT
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.209% → −0.083%
- −$12.58
- Slippage, 4 orders
- −$21.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$40.34
- Costs to cover
- 0.286%
- Break-even
- 343.2 days
Slippage from Lighter: live order book, 6 min ago; Nado: live order book, 1 min ago.
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 Lighter live order book, 6 min ago | 0.62 bp | 5.2 bp −$5 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 1.14 bp | 8.8 bp −$9 | 28.1 bp −$281 | 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 | −0.0448% | 1h | 4.8177 | −0.184% | $610K | $370K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0366% | 4h | 4.8140 | −0.261% | $33K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0297% | 1h | 4.8200 | −0.136% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0184% | 1h | 4.8153 | −0.234% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0166% | 1h | 4.8172 | −0.195% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0163% | 4h | 4.8156 | −0.228% | $25.8M | $62.6M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0064% | 4h | 4.8427 | +0.333% | $895K | $1.9M | 10x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.8503 | +0.491% | $208K | $283K | 5x | as long as short |
| RISEx LIT/USDC | −0.0012% | 1h | 4.8201 | −0.135% | $803K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8220 | −0.095% | $35K | — | 5x | as long as short |
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Phoenix LIT
RISEx LIT/USDC
dYdX LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.8214 | −0.107% | $12K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.468% | $422 | $178K | 5.5x | as long as short |
| KuCoin LITUSDTM | +0.0070% | 4h | 4.8212 | −0.112% | $5.4M | $1.0M | 30x | as long as short |
| Phemex LITUSDT | +0.0084% | 4h | 4.8190 | −0.157% | $1.4M | $2.8M | 20x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.8159 | −0.223% | $7K | $2K | 5x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.8266 | long leg | $60.1M | $28.7M | 5x | |
| Nado LIT-PERPshort | +0.0100% | 1h | 4.8165 | −0.209% | $2.2M | $1.6M | 10x | |
| Pacifica LIT | +0.0100% | 1h | 4.8198 | −0.141% | $618K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8157 | −0.226% | $77.3M | $77.8M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.8180 | −0.178% | $41.7M | $28.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8200 | −0.137% | $120K | $466K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8210 | −0.116% | $2.8M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8161 | −0.218% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8210 | −0.116% | $6.9M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.8203 | −0.131% | $679K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8382 | +0.240% | $296K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.8340 | +0.153% | $58K | $75K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8176 | −0.186% | $452K | $84K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8218 | −0.100% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8175 | −0.189% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8199 | −0.139% | $1K | $336K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8334 | +0.141% | $201K | $343K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8496 | +0.478% | $121K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8160 | −0.220% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8191 | −0.156% | $151K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0130% | 1h | 4.8384 | +0.244% | $10K | $219K | 10x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.8283 | +0.035% | $3.7M | $13.5M | 5x | as long as short |
| Aster LITUSDT | +0.0239% | 4h | 4.8247 | −0.038% | $12.9M | $2.0M | 50x | as long as short |
| Hyperliquid LIT | +0.0309% | 1h | 4.8259 | −0.015% | $217.7M | $41.5M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8188 | −0.162% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8194 | −0.148% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.8187 | −0.163% | $32K | $688K | 33x | as long as short |
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
KuCoin LITUSDTM
Phemex LITUSDT
Paradex LIT-USD-PERP
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
Lighter RH LIT
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT