Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Nado against Backpack−0.065%7-day average −0.198% · 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−$16as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days+3.169%+$317 · spread now −0.065%, 7d avg −0.198%
=Together, before fees+3.173%+ Points / potential airdropNado: Active · farm board+$317 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: Nado is 0.133% dearer against Backpack than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.198%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LIT_USDC_PERP | 4.8093 | 0.0100 | pay 0.0013% / 1h | 53m 59s | $686K | $988K | 5x |
| Short | Nado LIT-PERP | 4.8061 | 0.0100 | get 0.0012% / 1h | 53m 59s | $2.1M | $1.7M | 10x |
Backpack LIT_USDC_PERP
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Backpack. 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
- $0
- Price spread: −0.065% → −0.198%
- $13.29
- Slippage, 4 orders
- −$12.36
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$16.07
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 10 min ago; Nado: live order book, 5 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 Backpack live order book, 10 min ago | 0.10 bp | 6.4 bp −$6 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 2.07 bp | 11.9 bp −$12 | 34.4 bp −$344 | 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 | −0.0588% | 1h | 4.8052 | −0.086% | $42K | $39K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0364% | 4h | 4.8000 | −0.193% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7968 | −0.261% | $608K | $349K | 50x | as long as short |
| Bullet LIT-USD | −0.0291% | 1h | 4.8054 | −0.081% | $86K | $66K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0216% | 1h | 4.8016 | −0.160% | $31K | $3K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0163% | 4h | 4.8082 | −0.023% | $26.0M | $59.6M | 50x | as long as short |
| Bybit LITUSDT | −0.0145% | 4h | 4.8068 | −0.052% | $41.8M | $27.5M | 75x | as long as short |
| GRVT LIT_USDT_Perp | −0.0028% | 4h | 4.8071 | −0.047% | $890K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8110 | +0.036% | $35K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8107 | +0.029% | $36K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bybit LITUSDT
GRVT LIT_USDT_Perp
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LITUSDT | +0.0016% | 1h | 4.8010 | −0.173% | $57K | $76K | 50x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.110% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.8338 | +0.509% | $207K | $288K | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0096% | 8h | 4.8033 | −0.125% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8121 | +0.058% | $59.9M | $25.9M | 5x | as long as short |
| Nado LIT-PERPshort | +0.0100% | 1h | 4.8061 | −0.065% | $2.1M | $1.7M | 10x | |
| Hyperliquid LIT | +0.0100% | 1h | 4.8157 | +0.133% | $217.6M | $38.5M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.8093 | 0.000% | $714K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8049 | −0.091% | $77.1M | $73.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8095 | +0.004% | $126K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8183 | +0.187% | $120K | −$0 | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.8090 | −0.006% | $2.8M | $4.0M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8053 | −0.083% | $6.2M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8067 | −0.054% | $5.5M | $929K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8090 | −0.006% | $6.9M | $2.4M | 20x | as long as short |
| Backpack LIT_USDC_PERPlong | +0.0100% | 1h | 4.8093 | long leg | $686K | $988K | 5x | |
| edgeX LITUSDC | +0.0100% | 4h | 4.8278 | +0.385% | $296K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8116 | +0.048% | $448K | $86K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8239 | +0.303% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8017 | −0.158% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8060 | −0.069% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8185 | +0.191% | $194K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8030 | −0.131% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8041 | −0.107% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8046 | −0.097% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8112 | +0.040% | $801K | $2.3M | 5x | as long as short |
| Lighter RH LIT | +0.0128% | 1h | 4.8140 | +0.098% | $3.7M | $12.2M | 5x | as long as short |
| Aster LITUSDT | +0.0306% | 4h | 4.8123 | +0.062% | $12.9M | $2.0M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8000 | −0.193% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0426% / S −0.0217% | 1h | 4.8082 | −0.023% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.8114 | +0.045% | $32K | $639K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0488% | 1h | 4.8096 | +0.007% | $10K | $202K | 10x | as long as short |
ApeX Omni LITUSDT
Injective LIT/USDC PERP
Phoenix LIT
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT
Aftermath Perps LITUSD