Funding you earn now, next payment 00:00 UTC+0.0590%/8h= +64.7% APRnext payment +$0.74 per $10,000 · paid last 24h +0.198%
Price spread now: Nado against Deribit+0.044%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Nado is 0.044% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7364 | −0.0490 | get 0.0061% / 1h | 20m 34s | $42K | $40K | 10x |
| Short | Nado LIT-PERP | 4.7385 | 0.0100 | get 0.0012% / 1h | 20m 34s | $2.2M | $1.7M | 10x |
Deribit LIT_USDC-PERPETUAL
Nado LIT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- $124
- Price spread: +0.044% → 0.000%
- $4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $114.39
- Costs to cover
- 0.140%
- Break-even
- 0.5 days
Slippage unknown: Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 3 min ago | 0.85 bp | 9.2 bp −$9 | 30.0 bp −$300 | doesn't fit | doesn't fit |
Deribit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0834% | 4h | 4.7400 | +0.076% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0564% | 4h | 4.7305 | −0.125% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0552% | 1h | 4.7345 | −0.041% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUALlong | −0.0490% | 1h | 4.7364 | long leg | $42K | $40K | 10x | |
| OKX LIT-USDT-SWAP | −0.0377% | 4h | 4.7341 | −0.049% | $25.8M | $63.8M | 50x | as long as short |
| Bullet LIT-USD | −0.0329% | 1h | 4.7372 | +0.016% | $85K | $80K | 20x | as long as short |
| Phemex LITUSDT | −0.0325% | 4h | 4.7360 | −0.009% | $1.4M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0198% | 4h | 4.7349 | −0.032% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.515% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0090% | 4h | 4.7310 | −0.114% | $907K | $1.8M | 10x | as long as short |
Gate LIT_USDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
Phemex LITUSDT
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0050% | 1h | 4.7392 | +0.059% | $205K | $353K | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7376 | +0.024% | $31K | $840K | 33x | as long as short |
| dYdX LIT-USD | +0.0001% | 1h | 4.7392 | +0.060% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7392 | +0.058% | $35K | — | 150x | as long as short |
| Bybit LITUSDT | +0.0006% | 4h | 4.7350 | −0.030% | $42.6M | $30.1M | 75x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7383 | +0.040% | $819K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0027% | 8h | 4.7369 | +0.011% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.427% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0095% | 4h | 4.7260 | −0.220% | $288K | $310K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7449 | +0.179% | $59.6M | $30.0M | 5x | as long as short |
| Nado LIT-PERPshort | +0.0100% | 1h | 4.7385 | +0.044% | $2.2M | $1.7M | 10x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7439 | +0.159% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7414 | +0.104% | $590K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7333 | −0.066% | $75.4M | $81.6M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7385 | +0.044% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7353 | −0.024% | $118K | $4K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7374 | +0.021% | $5.7M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7400 | +0.076% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7444 | +0.168% | $683K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7320 | −0.093% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7392 | +0.059% | $448K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7391 | +0.057% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7360 | −0.009% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7380 | +0.033% | $982 | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7402 | +0.080% | $189K | $343K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7373 | +0.020% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7351 | −0.027% | $148K | $44K | 3x | as long as short |
| Hyperliquid LIT | +0.0199% | 1h | 4.7467 | +0.217% | $212.9M | $44.9M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0210% | 1h | 4.7427 | +0.132% | $13K | $203K | 10x | as long as short |
| Lighter RH LIT | +0.0216% | 1h | 4.7467 | +0.217% | $3.7M | $13.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7383 | +0.040% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7388 | +0.049% | $62K | — | 50x | as long as short |
Phoenix LIT
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bybit LITUSDT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
edgeX LITUSDC
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Aftermath Perps LITUSD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]