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+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.008%
Price spread now: Derive against Nado+0.620%228s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Derive is 0.620% dearer against Nado than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 228 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LIT-PERP4.77350.0047pay 0.0006% / 1h32m 18s$2.1M$1.6M10x
ShortDerive LIT-PERP4.80310.0100get 0.0013% / 1h32m 18s$2K$9616.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Nado. 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
$11.07
Price spread: +0.620% → 0.000%
$62.04
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Derive: 3 bp × 2 orders
−$6
Net
$60.11
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Nado: live order book, 6 min ago; Derive: no order-book sample. 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 Nado live order book, 6 min ago0.94 bp10.1 bp −$1023.4 bp −$234doesn't fitdoesn't fit
Sell Derive no order-book sample
Derive: 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−0.0644%1h4.7721−0.028%$42K$39K10xas long as short
01 Exchange LITUSD−0.0496%1h4.7715−0.042%$31K$3K5xas long as short
GRVT LIT_USDT_Perp−0.0426%4h4.7979+0.511%$894K$2.0M10xas long as short
Orderly PERP_LIT_USDC−0.0396%4h4.7687−0.101%$33K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7938+0.425%$607K$349K50xas long as short
Bullet LIT-USD−0.0228%1h4.7723−0.025%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0167%4h4.7725−0.021%$25.8M$58.7M50xas long as short
Gate LIT_USDT−0.0162%4h4.7800+0.136%$2.8M$4.0M50xas long as short
ApeX Omni LITUSDT−0.0112%1h4.7960+0.471%$57K$75K50xas long as short
Bybit LITUSDT−0.0093%4h4.7710−0.052%$41.5M$27.1M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.7832+0.204%$34K5xas long as short
Backpack LIT_USDC_PERP+0.0002%1h4.7828+0.195%$682K$986K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7778+0.090%$35K150xas long as short
Phoenix LIT+0.0017%1h4.8016+0.589%$206K$288K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.639%$422$178K5.5xas long as short
Nado LIT-PERPlong+0.0047%1h4.7735long leg$2.1M$1.6M10x
Paradex LIT-USD-PERP+0.0096%8h4.7817+0.172%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7783+0.101%$59.5M$26.1M5xas long as short
Lighter RH LIT+0.0096%1h4.7798+0.132%$3.7M$12.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7802+0.140%$215.9M$38.3M5xas long as short
Pacifica LIT+0.0100%1h4.7817+0.172%$672K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7693−0.089%$76.6M$73.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7806+0.149%$127K$420K5xas long as short
Bulk LIT-USD+0.0100%1h4.7909+0.364%$121K$2K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7701−0.071%$6.2M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7770+0.073%$5.4M$901K30xas long as short
Bitget LITUSDT+0.0100%4h4.7730−0.010%$6.8M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.7979+0.511%$294K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7788+0.111%$445K$85K10xas long as short
Derive LIT-PERPshort+0.0100%1h4.8031+0.620%$2K$9616.7x
SunX LIT-USDT+0.0100%4h4.7793+0.122%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7734−0.002%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.7836+0.212%$192K$305K30xas long as short
Phemex LITUSDT+0.0100%4h4.7730−0.010%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7698−0.077%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7531−0.426%$149K3xas long as short
RISEx LIT/USDC+0.0118%1h4.7816+0.171%$802K$2.4M5xas long as short
Aster LITUSDT+0.0275%4h4.7788+0.112%$12.8M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.7807+0.152%$32K$628K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7797+0.130%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7753+0.038%$64K50xas long as short
Aftermath Perps LITUSD+0.0489%1h4.7963+0.477%$10K$201K10xas long as short