Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: SoDEX against Nado−0.117%47s7-day average −0.002% · 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−$600.596% of the position

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.117%, 7d avg −0.002%

Together, before fees+0.020%+ Points / potential airdropNado: Active · farm board+$2 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: SoDEX is 0.114% cheaper against Nado than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.002%. 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	Nado LIT-PERP	4.8055	0.0100	pay 0.0012% / 1h	10m 30s	$2.2M	$1.6M	10x
Short	SoDEX LIT-USD	4.7999	0.0100	get 0.0013% / 1h	10m 30s	$1K	$332K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.117%Rate

Funding earned: $0
Price spread: −0.117% → −0.002%: −$11.43
Slippage, 4 orders: −$44.58
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$71.01
Costs to cover: 0.596%
Break-even: 7295921662753233.0 days

Slippage from Nado: live order book, 3 min ago; SoDEX: live order book, 28 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	2.50 bp	8.7 bp −$9	26.9 bp −$269	doesn't fit	doesn't fit
Sell SoDEX live order book, 28 min ago	0.52 bp	19.9 bp −$20	51.9 bp −$519	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
Orderly PERP_LIT_USDC	−0.0380%	4h	4.7951	−0.216%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7987	−0.143%	$608K	$349K	50x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7994	−0.127%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0208%	1h	4.7986	−0.144%	$86K	$66K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0179%	1h	4.7998	−0.119%	$42K	$40K	10x	as long as short
OKX LIT-USDT-SWAP	−0.0158%	4h	4.8070	+0.031%	$25.8M	$59.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0100%	4h	4.7951	−0.217%	$887K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0004%	1h	4.7990	−0.135%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8034	−0.044%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8023	−0.067%	$36K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.031%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0042%	4h	4.8050	−0.010%	$41.7M	$27.4M	75x	as long as short
Phoenix LIT	+0.0050%	1h	4.8078	+0.048%	$206K	$293K	5x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.8057	+0.005%	$813K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8019	−0.075%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8097	+0.087%	$59.9M	$26.8M	5x	as long as short
Nado LIT-PERPlong	+0.0100%	1h	4.8055	long leg	$2.2M	$1.6M	10x
Pacifica LIT	+0.0100%	1h	4.8053	−0.003%	$822K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7994	−0.127%	$76.9M	$73.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8043	−0.025%	$127K	$446K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8020	−0.073%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8009	−0.096%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8035	−0.042%	$5.5M	$935K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8090	+0.073%	$6.9M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8026	−0.060%	$685K	$1.0M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7894	−0.335%	$293K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8083	+0.058%	$448K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8030	−0.052%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7980	−0.156%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7999	−0.117%	$1K	$332K	5x
HTX LIT-USDT	+0.0100%	4h	4.8048	−0.015%	$193K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7980	−0.156%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7777	−0.579%	$119K	$6K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8008	−0.098%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7982	−0.152%	$150K	—	3x	as long as short
Hyperliquid LIT	+0.0217%	1h	4.8085	+0.062%	$217.3M	$38.8M	5x	as long as short
Lighter RH LIT	+0.0264%	1h	4.8116	+0.127%	$3.7M	$12.8M	5x	as long as short
Aster LITUSDT	+0.0268%	4h	4.8067	+0.025%	$12.9M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7963	−0.191%	$1.6M	$2.3M	75x	as long as short
Aftermath Perps LITUSD	+0.0386%	1h	4.7972	−0.172%	$9K	$202K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.8025	−0.063%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8034	−0.043%	$32K	$645K	33x	as long as short