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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.008%
Price spread now: Nado against Injective−0.219%7-day average +8.925% · you buy dearer than you sell
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)+0.065%+$7 on $10k
Price spread, last 4 days (all we have)+15.538%+$1,554 · spread now −0.219%, 7d avg +8.925%
Together, before fees+15.604%+ Points / potential airdropNado: Active · farm board+$1,560 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 9.143% cheaper against Injective than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of +8.925%). If the spread goes back, that is −$914 on $10k: about 15 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LIT/USDC PERP4.80400.0033pay 0.0004% / 1h0m 44s$422$178K5.5x
ShortNado LIT-PERP4.79350.0100get 0.0012% / 1h0m 44s$2.1M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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
$14
Price spread: −0.219% → +8.925%
−$914.33
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$907.35
Costs to cover
0.070%
Break-even
460.7 days
Slippage unknown: Injective: no order-book sample; Nado: live order book, 1 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 Injective no order-book sample
Sell Nado live order book, 1 min ago1.35 bp12.9 bp −$1334.3 bp −$343doesn't fitdoesn't fit
Injective: 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 41 exchanges

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−0.0494%1h4.7936−0.216%$42K$19K10xas long as short
Orderly PERP_LIT_USDC−0.0369%4h4.7877−0.339%$33K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0360%1h4.8127+0.182%$609K$305K50xas long as short
01 Exchange LITUSD−0.0312%1h4.7918−0.254%$31K$3K5xas long as short
Bullet LIT-USD−0.0174%1h4.7933−0.222%$86K$44K20xas long as short
OKX LIT-USDT-SWAP−0.0095%4h4.7972−0.142%$26.1M$54.3M50xas long as short
Extended LIT-USD−0.0024%1h4.7929−0.231%$5.0M$4.5M25xas long as short
ApeX Omni LITUSDT−0.0015%1h4.8120+0.167%$58K$77K50xas long as short
dYdX LIT-USD0.0000%1h4.7959−0.169%$34K5xas long as short
Phoenix LIT0.0000%1h4.8206+0.346%$207K$284K5xas long as short
Show all 41 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp+0.0002%4h4.7980−0.125%$895K$1.9M10xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7955−0.178%$36K150xas long as short
Backpack LIT_USDC_PERP+0.0025%1h4.7965−0.156%$684K$871K5xas long as short
Bybit LITUSDT+0.0029%4h4.7950−0.187%$41.6M$24.8M75xas long as short
Injective LIT/USDC PERPlong+0.0033%1h4.8040long leg$422$178K5.5x
RISEx LIT/USDC+0.0072%1h4.7965−0.157%$797K$2.3M5xas long as short
Gate LIT_USDT+0.0078%4h4.7980−0.125%$2.8M$3.9M50xas long as short
Lighter LIT+0.0096%1h4.7975−0.135%$59.8M$24.0M5xas long as short
Paradex LIT-USD-PERP+0.0098%8h4.7931−0.226%$7K$1K5xas long as short
Nado LIT-PERPshort+0.0100%1h4.7935−0.219%$2.1M$1.5M10x
Hyperliquid LIT+0.0100%1h4.7982−0.121%$216.7M$34.7M5xas long as short
Pacifica LIT+0.0100%1h4.7958−0.171%$640K$1.5M10xas long as short
Binance LITUSDT+0.0100%4h4.7928−0.233%$77.3M$66.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.7978−0.129%$131K$359K5xas long as short
Bulk LIT-USD+0.0100%1h4.8137+0.202%$157K$37K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7924−0.241%$6.3M$3.8M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7971−0.144%$5.5M$720K30xas long as short
Bitget LITUSDT+0.0100%4h4.7950−0.187%$6.9M$2.2M20xas long as short
edgeX LITUSDC+0.0100%4h4.8132+0.191%$295K$301K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7960−0.167%$447K$83K10xas long as short
SunX LIT-USDT+0.0100%4h4.7903−0.285%$4K$1.0M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7955−0.177%$4K$297K5xas long as short
HTX LIT-USDT+0.0100%4h4.7955−0.177%$192K$269K30xas long as short
Phemex LITUSDT+0.0100%4h4.7920−0.250%$1.4M$2.7M20xas long as short
Aevo LIT-PERP+0.0104%1h4.7961−0.165%$150K3xas long as short
Aster LITUSDT+0.0288%4h4.7991−0.101%$12.8M$1.8M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7924−0.241%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0368%1h4.7998−0.087%$3.8M$11.6M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0424% / S −0.0217%1h4.7962−0.162%$64K50xas long as short
Perpl LIT+0.0447%43m4.7983−0.119%$28K$571K33xas long as short
Aftermath Perps LITUSD+0.0464%1h4.8042+0.005%$9K$186K10xas long as short