Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Polymarket Perps against Nado+0.013%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.086%−$9 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now +0.013%, 7d avg +0.011%

Together, before fees−0.029%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LIT-PERP	4.7365	0.0100	pay 0.0012% / 1h	22m 29s	$2.2M	$1.7M	10x
Short	Polymarket Perps LIT-USD	4.7371	0.0100	get 0.0013% / 1h	22m 29s	$448K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee NadobpFee Polymarket PerpsbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → +0.011%: $0.13
Slippage, 4 orders: −$22.73
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$37.61
Costs to cover: 0.377%
Break-even: 3863815862543639.5 days

Slippage from Nado: live order book, 1 min ago; Polymarket Perps: live order book, 55 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 Nado live order book, 1 min ago	0.85 bp	5.2 bp −$5	22.6 bp −$226	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 55 min ago	3.20 bp	12.8 bp −$13	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
Gate LIT_USDT	−0.0852%	4h	4.7370	+0.011%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0586%	1h	4.7304	−0.129%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0574%	4h	4.7243	−0.258%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7327	−0.080%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0392%	4h	4.7368	+0.006%	$25.7M	$63.9M	50x	as long as short
Phemex LITUSDT	−0.0342%	4h	4.7300	−0.137%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0334%	1h	4.7292	−0.154%	$85K	$80K	20x	as long as short
KuCoin LITUSDTM	−0.0210%	4h	4.7308	−0.120%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.514%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0094%	4h	4.7510	+0.306%	$903K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7329	−0.076%	$205K	$353K	5x	as long as short
Bybit LITUSDT	−0.0008%	4h	4.7370	+0.011%	$42.6M	$30.1M	75x	as long as short
Perpl LIT	0.0000%	43m	4.7290	−0.159%	$31K	$840K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7394	+0.061%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7329	−0.075%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7406	+0.087%	$815K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0023%	8h	4.7346	−0.041%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.425%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0094%	4h	4.7336	−0.061%	$5.5M	$4.1M	100x	as long as short
edgeX LITUSDC	+0.0095%	4h	4.7358	−0.014%	$288K	$310K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7426	+0.129%	$59.6M	$30.0M	5x	as long as short
Binance LITUSDT	+0.0097%	4h	4.7360	−0.011%	$75.5M	$81.7M	75x	as long as short
Nado LIT-PERPlong	+0.0100%	1h	4.7365	long leg	$2.2M	$1.7M	10x
Aster LITUSDT	+0.0100%	4h	4.7406	+0.088%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7371	+0.013%	$590K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7379	+0.030%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7353	−0.025%	$118K	$4K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7360	−0.011%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7369	+0.008%	$672K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7350	−0.032%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7371	+0.013%	$448K	$105K	10x
Derive LIT-PERP	+0.0100%	1h	4.7322	−0.090%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7304	−0.129%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7315	−0.106%	$986	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7402	+0.078%	$189K	$343K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7362	−0.006%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7297	−0.145%	$148K	$44K	3x	as long as short
Hyperliquid LIT	+0.0193%	1h	4.7415	+0.106%	$212.6M	$44.9M	5x	as long as short
Lighter RH LIT	+0.0200%	1h	4.7436	+0.150%	$3.7M	$13.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0214%	1h	4.7412	+0.100%	$13K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0335%	4h	4.7278	−0.184%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7323	−0.088%	$62K	—	50x	as long as short