Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Pacifica against Nado+0.001%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.001%, 7d avg +0.020%

Together, before fees−0.030%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.8189	0.0100	pay 0.0012% / 1h	0m 28s	$2.1M	$1.6M	10x
Short	Pacifica LIT	4.8190	0.0100	get 0.0013% / 1h	0m 28s	$649K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee NadobpFee PacificabpOrdersPrice spread, now +0.001%Rate

Funding earned: $0
Price spread: +0.001% → +0.020%: −$1.99
Slippage, 4 orders: −$19.5
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$36.49
Costs to cover: 0.345%
Break-even: 3748846665099841.5 days

Slippage from Nado: live order book, 3 min ago; Pacifica: live order book, 4 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 Nado live order book, 3 min ago	1.66 bp	9.2 bp −$9	38.9 bp −$389	doesn't fit	doesn't fit
Sell Pacifica live order book, 4 min ago	1.45 bp	8.1 bp −$8	doesn't fit	doesn't fit	doesn't fit

LIT on 41 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
Orderly PERP_LIT_USDC	−0.0340%	4h	4.8115	−0.155%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0336%	1h	4.8193	+0.007%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7913	−0.574%	$607K	$318K	50x	as long as short
Bullet LIT-USD	−0.0174%	1h	4.8164	−0.053%	$86K	$64K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0122%	4h	4.8155	−0.072%	$26.1M	$57.4M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0093%	1h	4.8123	−0.138%	$42K	$29K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0026%	4h	4.8230	+0.084%	$892K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8141	−0.101%	$35K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.8132	−0.120%	$34K	$611K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8194	+0.010%	$36K	—	150x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0017%	1h	4.8212	+0.047%	$207K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.310%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0035%	1h	4.8240	+0.105%	$58K	$75K	50x	as long as short
Backpack LIT_USDC_PERP	+0.0078%	1h	4.8134	−0.115%	$688K	$962K	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8086	−0.215%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8192	+0.005%	$60.0M	$26.4M	5x	as long as short
Nado LIT-PERPlong	+0.0100%	1h	4.8189	long leg	$2.1M	$1.6M	10x
Hyperliquid LIT	+0.0100%	1h	4.8302	+0.234%	$218.3M	$36.4M	5x	as long as short
Pacifica LITshort	+0.0100%	1h	4.8190	+0.001%	$649K	$1.6M	10x
Binance LITUSDT	+0.0100%	4h	4.8161	−0.060%	$77.6M	$71.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8200	+0.022%	$41.9M	$26.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8216	+0.055%	$131K	$408K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8128	−0.128%	$122K	$2K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8220	+0.063%	$2.8M	$4.0M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8207	+0.036%	$6.3M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8236	+0.096%	$5.5M	$839K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8220	+0.063%	$6.9M	$2.3M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8246	+0.117%	$296K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8224	+0.072%	$449K	$84K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8173	−0.034%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8125	−0.134%	$1K	$324K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8224	+0.072%	$194K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8110	−0.165%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8187	−0.006%	$5.0M	$5.4M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8136	−0.111%	$151K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.8244	+0.113%	$826K	$2.3M	5x	as long as short
Lighter RH LIT	+0.0240%	1h	4.8218	+0.059%	$3.8M	$12.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8135	−0.113%	$1.6M	$2.4M	75x	as long as short
Aster LITUSDT	+0.0344%	4h	4.8244	+0.113%	$12.9M	$1.9M	50x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.8132	−0.119%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0480%	1h	4.8186	−0.007%	$9K	$192K	10x	as long as short