Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0319%/8h= +34.9% APRnext payment +$0.40 per $10,000 · paid last 24h +0.095%
Price spread now: Nado against Bullet+0.031%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Nado is 0.031% dearer against Bullet than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet LIT-USD4.7870−0.0219get 0.0027% / 1h15m 28s$86K$66K20x
ShortNado LIT-PERP4.78850.0100get 0.0012% / 1h15m 28s$2.2M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bullet. 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

Funding earned
$66.92
Price spread: +0.031% → 0.000%
$3.13
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$55.05
Costs to cover
0.150%
Break-even
1.2 days
Slippage unknown: Bullet: no order-book sample; Nado: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bullet no order-book sample
Sell Nado live order book, 3 min ago0.94 bp8.5 bp −$936.0 bp −$360doesn't fitdoesn't fit
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.0612%1h4.7859−0.023%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0384%4h4.78700.000%$33K$1K10xas long as short
Coinbase International LIT-PERP-INTX−0.0344%1h4.7780−0.189%$605K$347K50xas long as short
01 Exchange LITUSD−0.0296%1h4.7899+0.061%$31K$3K5xas long as short
Bullet LIT-USDlong−0.0219%1h4.7870long leg$86K$66K20x
OKX LIT-USDT-SWAP−0.0160%4h4.7939+0.144%$25.8M$59.4M50xas long as short
GRVT LIT_USDT_Perp−0.0104%4h4.7820−0.104%$884K$2.0M10xas long as short
ApeX Omni LITUSDT−0.0061%1h4.7840−0.063%$57K$73K50xas long as short
dYdX LIT-USD0.0000%1h4.7960+0.189%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7900+0.064%$36K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT+0.0031%4h4.7910+0.084%$41.5M$27.8M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.355%$422$178K5.5xas long as short
Phoenix LIT+0.0050%1h4.7943+0.152%$206K$293K5xas long as short
RISEx LIT/USDC+0.0064%1h4.7929+0.123%$798K$2.3M5xas long as short
Paradex LIT-USD-PERP+0.0093%8h4.7902+0.067%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7979+0.228%$59.8M$26.8M5xas long as short
Nado LIT-PERPshort+0.0100%1h4.7885+0.031%$2.2M$1.6M10x
Pacifica LIT+0.0100%1h4.7938+0.142%$820K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7903+0.069%$76.8M$73.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7930+0.125%$127K$446K5xas long as short
Gate LIT_USDT+0.0100%4h4.7920+0.104%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7893+0.048%$5.9M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7920+0.104%$5.5M$932K30xas long as short
Bitget LITUSDT+0.0100%4h4.7930+0.125%$6.8M$2.4M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7899+0.061%$683K$1.0M5xas long as short
edgeX LITUSDC+0.0100%4h4.7856−0.029%$293K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7902+0.067%$446K$86K10xas long as short
Derive LIT-PERP+0.0100%1h4.7879+0.018%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7839−0.065%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7874+0.008%$1K$332K5xas long as short
HTX LIT-USDT+0.0100%4h4.7863−0.015%$192K$312K30xas long as short
Phemex LITUSDT+0.0100%4h4.7840−0.063%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0100%1h4.7777−0.194%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7908+0.080%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7866−0.008%$150K3xas long as short
Hyperliquid LIT+0.0208%1h4.7963+0.194%$216.6M$38.8M5xas long as short
Lighter RH LIT+0.0248%1h4.8006+0.284%$3.7M$12.8M5xas long as short
Aster LITUSDT+0.0252%4h4.8002+0.276%$12.9M$2.0M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7838−0.067%$1.6M$2.3M75xas long as short
Aftermath Perps LITUSD+0.0375%1h4.7868−0.004%$9K$203K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0426% / S −0.0217%1h4.7895+0.051%$64K50xas long as short
Perpl LIT+0.0447%43m4.7955+0.177%$32K$646K33xas long as short