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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
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: Lighter against Nado+0.147%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.142%+$14 on $10k
Price spread, last 7 days−0.192%−$19 · spread now +0.147%, 7d avg +0.082%
Together, before fees−0.050%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$5 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: Lighter is 0.065% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LIT-PERP4.73620.0100pay 0.0012% / 1h49m 31s$2.2M$1.6M10x
ShortLighter LIT4.74310.0096get 0.0012% / 1h49m 31s$59.1M$27.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.147% → +0.082%
$6.46
Slippage, 4 orders
−$33.77
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$35.15
Costs to cover
0.408%
Break-even
never at this rate
Slippage from Nado: live order book, 4 min ago; Lighter: live order book, 4 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 Nado live order book, 4 min ago0.10 bp13.1 bp −$1345.1 bp −$451doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.10 bp0.4 bp $09.5 bp −$95doesn'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
Coinbase International LIT-PERP-INTX−0.0448%1h4.6877−1.024%$607K$354K50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0407%1h4.7466+0.220%$42K$40K10xas long as short
Phemex LITUSDT−0.0398%4h4.7440+0.166%$1.4M$2.8M20xas long as short
Orderly PERP_LIT_USDC−0.0392%4h4.7426+0.136%$32K$1K10xas long as short
01 Exchange LITUSD−0.0352%1h4.7336−0.054%$31K$5K5xas long as short
GRVT LIT_USDT_Perp−0.0190%4h4.7507+0.307%$909K$1.8M10xas long as short
Bullet LIT-USD−0.0186%1h4.7478+0.246%$85K$67K20xas long as short
Bybit LITUSDT−0.0160%4h4.7370+0.018%$41.3M$28.6M75xas long as short
OKX LIT-USDT-SWAP−0.0130%4h4.7364+0.005%$25.5M$60.6M50xas long as short
Phoenix LIT−0.0017%1h4.7656+0.622%$205K$283K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTM−0.0014%4h4.7453+0.193%$5.3M$1.0M30xas long as short
RISEx LIT/USDC−0.0012%1h4.7404+0.091%$819K$2.2M5xas long as short
dYdX LIT-USD0.0000%1h4.7411+0.105%$34K5xas long as short
Perpl LIT0.0000%43m4.7527+0.349%$31K$705K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7508+0.310%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.433%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0091%8h4.7343−0.039%$7K$2K5xas long as short
Lighter LITshort+0.0096%1h4.7431+0.147%$59.1M$27.6M5x
Nado LIT-PERPlong+0.0100%1h4.7362long leg$2.2M$1.6M10x
Hyperliquid LIT+0.0100%1h4.7446+0.178%$212.0M$40.6M5xas long as short
Pacifica LIT+0.0100%1h4.7395+0.071%$573K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7356−0.012%$76.0M$77.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.7396+0.073%$115K$451K5xas long as short
Bulk LIT-USD+0.0100%1h4.7722+0.761%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7420+0.124%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7358−0.007%$5.8M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.7390+0.060%$6.8M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7432+0.149%$664K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.7544+0.385%$291K$304K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7560+0.419%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7388+0.056%$445K$86K10xas long as short
Derive LIT-PERP+0.0100%1h4.7499+0.290%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7547+0.392%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7435+0.155%$1K$349K5xas long as short
HTX LIT-USDT+0.0100%4h4.7737+0.793%$202K$348K30xas long as short
Extended LIT-USD+0.0104%1h4.7352−0.020%$5.2M$4.9M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7494+0.280%$149K3xas long as short
Lighter RH LIT+0.0112%1h4.7453+0.193%$3.7M$12.9M5xas long as short
Aster LITUSDT+0.0226%4h4.7440+0.165%$12.7M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7634+0.575%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0439% / S −0.0231%1h4.7497+0.285%$66K50xas long as short
Aftermath Perps LITUSD+0.0441%1h4.7509+0.312%$8K$204K10xas long as short