Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.03 per $10,000 · paid last 24h −0.012%
Price spread now: Nado against Bulk+0.160%7-day average −0.052% · 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−$8as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−1.245%−$124 · spread now +0.160%, 7d avg −0.052%
=Together, before fees−1.232%+ Points / potential airdropNado: Active · farm board−$123 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.212% dearer against Bulk than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of −0.052%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk LIT-USD | 4.6895 | 0.0100 | pay 0.0013% / 1h | 22m 27s | $117K | $1K | 10x |
| Short | Nado LIT-PERP | 4.6970 | 0.0072 | get 0.0009% / 1h | 22m 27s | $2.2M | $1.7M | 10x |
Bulk LIT-USD
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bulk. 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
- −$5.87
- Price spread: +0.160% → −0.052%
- $21.17
- Slippage, 4 orders
- −$15.56
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$14.26
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 36 min ago; Nado: live order book, 1 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 Bulk live order book, 36 min ago | 0.32 bp | 5.8 bp −$6 | 11.8 bp −$118 | 40.2 bp −$4,024 | doesn't fit |
| Sell Nado live order book, 1 min ago | 1.07 bp | 9.3 bp −$9 | 27.2 bp −$272 | 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 | −0.0593% | 1h | 4.6940 | +0.097% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0416% | 1h | 4.7006 | +0.237% | $33K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0388% | 4h | 4.6885 | −0.021% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0284% | 1h | 4.6943 | +0.101% | $84K | $68K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | −0.101% | $612K | $398K | 50x | as long as short |
| Gate LIT_USDT | −0.0164% | 4h | 4.6990 | +0.203% | $2.7M | $4.3M | 50x | as long as short |
| Bybit LITUSDT | −0.0086% | 4h | 4.6960 | +0.139% | $41.3M | $28.8M | 75x | as long as short |
| Phemex LITUSDT | −0.0060% | 4h | 4.6930 | +0.075% | $1.4M | $2.8M | 20x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.6980 | +0.181% | $202K | $305K | 5x | as long as short |
| Extended LIT-USD | −0.0032% | 1h | 4.6993 | +0.209% | $5.1M | $5.0M | 25x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
Bybit LITUSDT
Phemex LITUSDT
Phoenix LIT
Extended LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | 0.0000% | 1h | 4.7001 | +0.225% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6978 | +0.177% | $11K | — | 150x | as long as short |
| OKX LIT-USDT-SWAP | +0.0010% | 4h | 4.6993 | +0.209% | $25.3M | $61.2M | 50x | as long as short |
| KuCoin LITUSDTM | +0.0016% | 4h | 4.6978 | +0.177% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.442% | $422 | $178K | 5.5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0043% | 1h | 4.6987 | +0.196% | $657K | $1.4M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0071% | 1h | 4.6995 | +0.213% | $439K | $109K | 10x | as long as short |
| Nado LIT-PERPshort | +0.0072% | 1h | 4.6970 | +0.160% | $2.2M | $1.7M | 10x | |
| RISEx LIT/USDC | +0.0073% | 1h | 4.7007 | +0.238% | $790K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0073% | 8h | 4.6964 | +0.147% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7056 | +0.343% | $58.6M | $28.8M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7065 | +0.363% | $3.7M | $13.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7026 | +0.279% | $210.3M | $41.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7006 | +0.237% | $592K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6939 | +0.094% | $75.1M | $79.3M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7020 | +0.267% | $117K | $458K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.6895 | long leg | $117K | $1K | 10x | |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6982 | +0.186% | $5.6M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6990 | +0.203% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6936 | +0.087% | $287K | $304K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.6950 | +0.117% | $903K | $1.8M | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.6950 | +0.117% | $56K | $76K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6986 | +0.194% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6933 | +0.081% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6955 | +0.128% | $1K | $385K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7014 | +0.254% | $199K | $368K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6929 | +0.073% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0219% | 4h | 4.7074 | +0.382% | $12.6M | $1.9M | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0258% | 1h | 4.6950 | +0.117% | $9K | $207K | 10x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6997 | +0.218% | $31K | $770K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6914 | +0.041% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0435% / S −0.0231% | 1h | 4.6972 | +0.163% | $65K | — | 50x | as long as short |
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Injective LIT/USDC PERP
Backpack LIT_USDC_PERP
Polymarket Perps LIT-USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aevo LIT-PERP
Aster LITUSDT
Aftermath Perps LITUSD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]