Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h +0.058%

Price spread now: Nado against Bybit−0.078%7-day average +0.010% · 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−$70as in the Price arb table

costs, in and out, $10k−$610.609% of the position

Long on Bybit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.102%+$10 on $10k

Price spread, last 7 days+0.170%+$17 · spread now −0.078%, 7d avg +0.010%

Together, before fees+0.272%+ Points / potential airdropNado: Active · farm board+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.089% cheaper against Bybit than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of +0.010%). If the spread goes back, that is −$9 on $10k: about 2.5 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7800	−0.0068	get 0.0034% / 4h	3h 33m	$41.5M	$27.3M	75x
Short	Nado LIT-PERP	4.7763	0.0048	get 0.0006% / 1h	33m 04s	$2.1M	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bybit. 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 BybitbpFee NadobpOrdersPrice spread, now −0.078%Rate

Funding earned: $24.5
Price spread: −0.078% → +0.010%: −$8.86
Slippage, 4 orders: −$42.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$45.25
Costs to cover: 0.609%
Break-even: 19.9 days

Slippage from Bybit: live order book, 1 min ago; Nado: live order book, 6 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 Bybit live order book, 1 min ago	1.05 bp	22.2 bp −$22	59.2 bp −$592	doesn't fit	doesn't fit
Sell Nado live order book, 6 min ago	0.94 bp	8.5 bp −$9	31.7 bp −$317	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
01 Exchange LITUSD	−0.0496%	1h	4.7749	−0.107%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0426%	4h	4.7979	+0.374%	$894K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7747	−0.111%	$33K	$313	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0323%	1h	4.7819	+0.039%	$42K	$39K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.289%	$607K	$349K	50x	as long as short
Bullet LIT-USD	−0.0229%	1h	4.7788	−0.025%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0167%	4h	4.7821	+0.044%	$25.8M	$58.8M	50x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.7960	+0.335%	$57K	$75K	50x	as long as short
Gate LIT_USDT	−0.0110%	4h	4.7850	+0.105%	$2.8M	$4.0M	50x	as long as short
Bybit LITUSDTlong	−0.0068%	4h	4.7800	long leg	$41.5M	$27.3M	75x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7858	+0.121%	$34K	—	5x	as long as short
Backpack LIT_USDC_PERP	+0.0002%	1h	4.7828	+0.059%	$682K	$986K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7853	+0.111%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.8016	+0.452%	$206K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.502%	$422	$178K	5.5x	as long as short
Nado LIT-PERPshort	+0.0048%	1h	4.7763	−0.078%	$2.1M	$1.6M	10x
Paradex LIT-USD-PERP	+0.0096%	8h	4.7805	+0.011%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7873	+0.153%	$59.6M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7888	+0.184%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7869	+0.144%	$216.2M	$38.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7820	+0.042%	$672K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7792	−0.017%	$76.8M	$73.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7797	−0.006%	$127K	$420K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7909	+0.227%	$121K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7787	−0.027%	$6.2M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7829	+0.061%	$5.5M	$901K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7810	+0.021%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7979	+0.374%	$294K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7795	−0.010%	$445K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8031	+0.484%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7756	−0.092%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7821	+0.044%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8019	+0.458%	$193K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7820	+0.042%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7793	−0.016%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7696	−0.218%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7825	+0.053%	$804K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0279%	4h	4.7860	+0.126%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7977	+0.370%	$32K	$627K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7797	−0.006%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7816	+0.032%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0503%	1h	4.7997	+0.412%	$10K	$201K	10x	as long as short