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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.035%
Price spread now: Lighter RH against Nado+0.160%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.228%+$23 on $10k
Price spread, last 7 days−0.177%−$18 · spread now +0.160%, 7d avg +0.127%
Together, before fees+0.051%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.033% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LIT-PERP4.81330.0100pay 0.0012% / 1h1m 23s$2.2M$1.6M10x
ShortLighter RH LIT4.82100.0184get 0.0023% / 1h1m 23s$3.6M$13.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Nado. 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
$17.64
Price spread: +0.160% → +0.127%
$3.27
Slippage, 4 orders
−$20.3
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$6.4
Costs to cover
0.273%
Break-even
9.5 days
Slippage from Nado: live order book, 2 min ago; Lighter RH: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 2 min ago1.14 bp8.7 bp −$924.6 bp −$246doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.66 bp5.3 bp −$513.7 bp −$137doesn't fitdoesn't fit

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
Coinbase International LIT-PERP-INTX−0.0448%1h4.8177+0.092%$610K$370K50xas long as short
Orderly PERP_LIT_USDC−0.0368%4h4.8071−0.129%$33K$1K10xas long as short
01 Exchange LITUSD−0.0176%1h4.8128−0.010%$31K$3K5xas long as short
OKX LIT-USDT-SWAP−0.0162%4h4.8150+0.035%$25.8M$62.6M50xas long as short
Bullet LIT-USD−0.0162%1h4.8120−0.028%$86K$66K20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0088%1h4.8244+0.230%$42K$40K10xas long as short
GRVT LIT_USDT_Perp−0.0064%4h4.8180+0.099%$893K$1.9M10xas long as short
Phoenix LIT−0.0017%1h4.8232+0.206%$207K$283K5xas long as short
RISEx LIT/USDC−0.0012%1h4.8163+0.061%$803K$2.2M5xas long as short
dYdX LIT-USD0.0000%1h4.8151+0.037%$35K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.8154+0.044%$12K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040−0.193%$422$178K5.5xas long as short
KuCoin LITUSDTM+0.0070%4h4.8167+0.071%$5.4M$1.0M30xas long as short
Phemex LITUSDT+0.0082%4h4.8230+0.202%$1.4M$2.8M20xas long as short
Paradex LIT-USD-PERP+0.0095%8h4.8105−0.057%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.8180+0.098%$59.9M$28.7M5xas long as short
Nado LIT-PERPlong+0.0100%1h4.8133long leg$2.2M$1.6M10x
Pacifica LIT+0.0100%1h4.8146+0.027%$617K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.8111−0.046%$77.2M$77.8M75xas long as short
Bybit LITUSDT+0.0100%4h4.8120−0.027%$41.6M$28.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.8152+0.039%$119K$466K5xas long as short
Gate LIT_USDT+0.0100%4h4.8170+0.077%$2.8M$4.3M50xas long as short
MEXC LIT_USDT+0.0100%4h4.8111−0.046%$5.9M$4.0M100xas long as short
Bitget LITUSDT+0.0100%4h4.8150+0.035%$6.9M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.8258+0.260%$680K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.8167+0.070%$294K$304K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.8340+0.430%$58K$75K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8127−0.012%$452K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.8154+0.044%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.8209+0.158%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8227+0.195%$1K$336K5xas long as short
HTX LIT-USDT+0.0100%4h4.8334+0.418%$201K$343K30xas long as short
Bulk LIT-USD+0.0100%1h4.8185+0.109%$120K$7K10xas long as short
Extended LIT-USD+0.0104%1h4.8100−0.068%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.8121−0.026%$150K3xas long as short
Perpl LIT+0.0112%43m4.8159+0.054%$32K$689K33xas long as short
Aftermath Perps LITUSD+0.0142%1h4.8322+0.394%$10K$219K10xas long as short
Lighter RH LITshort+0.0184%1h4.8210+0.160%$3.6M$13.5M5x
Aster LITUSDT+0.0238%4h4.8199+0.137%$12.9M$2.0M50xas long as short
Hyperliquid LIT+0.0312%1h4.8212+0.164%$217.4M$41.6M5xas long as short
BloFin LIT-USDT+0.0340%4h4.8188+0.114%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0426% / S −0.0217%1h4.8144+0.023%$64K50xas long as short