Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.003%

Price spread now: Nado against Paradex+0.109%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Nado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.109% dearer against Paradex than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	Paradex LIT-USD-PERP	4.7383	0.0040	pay 0.0040% / 8h	7h 26m	$7K	$2K	5x
Short	Nado LIT-PERP	4.7435	0.0045	get 0.0006% / 1h	26m 40s	$2.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Paradex. 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 ParadexbpFee NadobpOrdersPrice spread, now +0.109%Rate

Funding earned: $0.96
Price spread: +0.109% → 0.000%: $10.92
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $0.88
Costs to cover: 0.110%
Break-even: 0.6 days

Slippage unknown: Paradex: no order-book sample; Nado: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell Nado live order book, 2 min ago	1.16 bp	8.6 bp −$9	28.5 bp −$285	doesn't fit	doesn't fit

Paradex: 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
Deribit LIT_USDC-PERPETUAL	−0.0864%	1h	4.7452	+0.144%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0512%	4h	4.7386	+0.006%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0416%	1h	4.7412	+0.061%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0359%	1h	4.7442	+0.124%	$85K	$75K	20x	as long as short
ApeX Omni LITUSDT	−0.0304%	1h	4.7460	+0.162%	$57K	$77K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0210%	4h	4.7430	+0.099%	$25.8M	$63.7M	50x	as long as short
KuCoin LITUSDTM	−0.0142%	4h	4.7418	+0.073%	$5.2M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0114%	4h	4.7657	+0.577%	$906K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7619	+0.499%	$674K	$406K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7684	+0.635%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7473	+0.189%	$31K	$855K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7491	+0.227%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0004%	1h	4.7471	+0.184%	$34K	—	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.386%	$422	$178K	5.5x	as long as short
Gate LIT_USDT	+0.0038%	4h	4.7440	+0.120%	$2.8M	$4.5M	50x	as long as short
Paradex LIT-USD-PERPlong	+0.0040%	8h	4.7383	long leg	$7K	$2K	5x
Nado LIT-PERPshort	+0.0045%	1h	4.7435	+0.109%	$2.2M	$1.7M	10x
Polymarket Perps LIT-USD	+0.0076%	1h	4.7458	+0.158%	$449K	$104K	10x	as long as short
Bulk LIT-USD	+0.0096%	1h	4.7547	+0.346%	$119K	$1K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7489	+0.223%	$59.4M	$29.8M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7493	+0.231%	$12.7M	$2.2M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7446	+0.132%	$590K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7400	+0.035%	$75.7M	$80.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7413	+0.063%	$42.7M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7424	+0.086%	$117K	$450K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7409	+0.054%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7460	+0.162%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7481	+0.206%	$688K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7496	+0.238%	$289K	$307K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7484	+0.213%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7422	+0.082%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7455	+0.151%	$994	$459K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7475	+0.194%	$189K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7430	+0.099%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7405	+0.045%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7429	+0.097%	$148K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7461	+0.165%	$791K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0160%	1h	4.7522	+0.293%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0283%	1h	4.7532	+0.314%	$213.2M	$44.2M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7443	+0.126%	$1.6M	$2.1M	75x	as long as short
Aftermath Perps LITUSD	+0.0362%	1h	4.7609	+0.476%	$9K	$203K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0395% / S −0.0185%	1h	4.7481	+0.206%	$64K	—	50x	as long as short