Funding you earn now, next payment 05:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Polymarket Perps+0.012%7-day average −0.012% · 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−$380.380% of the position
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.012%, 7d avg −0.012%
=Together, before fees−0.001%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.024% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.012%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 3 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.7090 | 0.0100 | pay 0.0013% / 1h | 21m 04s | $440K | $85K | 10x |
| Short | Nado LIT-PERP | 4.7095 | 0.0062 | get 0.0008% / 1h | 21m 04s | $2.2M | $1.7M | 10x |
Polymarket Perps LIT-USD
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Polymarket Perps. 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
- −$7.95
- Price spread: +0.012% → −0.012%
- $2.4
- Slippage, 4 orders
- −$23.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$43.59
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 31 min ago; Nado: live order book, 3 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 Polymarket Perps live order book, 31 min ago | 5.06 bp | 9.7 bp −$10 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 1.38 bp | 10.7 bp −$11 | 25.7 bp −$257 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0586% | 1h | 4.7073 | −0.035% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0382% | 4h | 4.7015 | −0.159% | $32K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −0.453% | $607K | $357K | 50x | as long as short |
| Bullet LIT-USD | −0.0288% | 1h | 4.7079 | −0.023% | $84K | $67K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0288% | 1h | 4.7061 | −0.062% | $33K | $3K | 5x | as long as short |
| Phemex LITUSDT | −0.0190% | 4h | 4.7040 | −0.106% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LITUSDT | −0.0121% | 4h | 4.7077 | −0.028% | $41.1M | $28.9M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0053% | 1h | 4.6930 | −0.340% | $56K | $75K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0048% | 4h | 4.7037 | −0.113% | $25.3M | $60.8M | 50x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7001 | −0.189% | $202K | $299K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
01 Exchange LITUSD
Phemex LITUSDT
Bybit LITUSDT
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx LIT/USDC | −0.0008% | 1h | 4.7117 | +0.057% | $791K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7152 | +0.131% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7154 | +0.136% | $31K | $744K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7111 | +0.045% | $11K | — | 150x | as long as short |
| KuCoin LITUSDTM | +0.0008% | 4h | 4.7064 | −0.055% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.017% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERPshort | +0.0062% | 1h | 4.7095 | +0.012% | $2.2M | $1.7M | 10x | |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.7077 | −0.028% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7107 | +0.036% | $58.8M | $28.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7126 | +0.076% | $210.4M | $41.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7120 | +0.065% | $573K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7046 | −0.093% | $75.5M | $78.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7110 | +0.042% | $118K | $449K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7090 | 0.000% | $2.7M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7055 | −0.074% | $5.7M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7080 | −0.021% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7102 | +0.025% | $660K | $1.3M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6956 | −0.285% | $287K | $304K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.7060 | −0.064% | $903K | $1.8M | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7090 | long leg | $440K | $85K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7115 | +0.053% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7084 | −0.013% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7085 | −0.011% | $1K | $373K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7154 | +0.136% | $199K | $359K | 30x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6940 | −0.319% | $117K | $8K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7049 | −0.087% | $5.1M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7060 | −0.064% | $147K | — | 3x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7126 | +0.076% | $3.7M | $13.2M | 5x | as long as short |
| Aster LITUSDT | +0.0247% | 4h | 4.7147 | +0.121% | $12.6M | $1.9M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0308% | 1h | 4.7111 | +0.045% | $9K | $205K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7045 | −0.096% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0436% / S −0.0231% | 1h | 4.7120 | +0.063% | $65K | — | 50x | as long as short |
RISEx LIT/USDC
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
GRVT LIT_USDT_Perp
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Lighter RH LIT
Aster LITUSDT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]