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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Polymarket Perps−0.068%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$420.417% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.068%, 7d avg −0.015%
Together, before fees+0.061%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.053% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LIT-USD4.77950.0100pay 0.0013% / 1h32m 41s$445K$85K10x
ShortNado LIT-PERP4.77630.0048get 0.0006% / 1h32m 41s$2.1M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Polymarket Perps. 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
−$10.86
Price spread: −0.068% → −0.015%
−$5.33
Slippage, 4 orders
−$26.69
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$57.88
Costs to cover
0.417%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 65 min ago; Nado: live order book, 6 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 Polymarket Perps live order book, 65 min ago3.14 bp15.0 bp −$1518.6 bp −$186doesn't fitdoesn't fit
Sell Nado live order book, 6 min ago0.94 bp8.5 bp −$931.7 bp −$317doesn'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
01 Exchange LITUSD−0.0496%1h4.7749−0.096%$31K$3K5xas long as short
GRVT LIT_USDT_Perp−0.0426%4h4.7979+0.384%$894K$2.0M10xas long as short
Orderly PERP_LIT_USDC−0.0394%4h4.7747−0.100%$33K$31310xas long as short
Deribit LIT_USDC-PERPETUAL−0.0323%1h4.7819+0.050%$42K$39K10xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7938+0.299%$607K$349K50xas long as short
Bullet LIT-USD−0.0229%1h4.7788−0.015%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0167%4h4.7817+0.046%$25.8M$58.8M50xas long as short
ApeX Omni LITUSDT−0.0112%1h4.7960+0.345%$57K$75K50xas long as short
Gate LIT_USDT−0.0110%4h4.7860+0.136%$2.8M$4.0M50xas long as short
Bybit LITUSDT−0.0093%4h4.7800+0.010%$41.6M$27.1M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.7832+0.078%$34K5xas long as short
Backpack LIT_USDC_PERP+0.0002%1h4.7828+0.069%$682K$986K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7853+0.121%$36K150xas long as short
Phoenix LIT+0.0017%1h4.8016+0.462%$206K$288K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.513%$422$178K5.5xas long as short
Nado LIT-PERPshort+0.0048%1h4.7763−0.068%$2.1M$1.6M10x
Paradex LIT-USD-PERP+0.0096%8h4.7805+0.021%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7881+0.180%$59.6M$26.1M5xas long as short
Lighter RH LIT+0.0096%1h4.7892+0.203%$3.7M$12.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7859+0.134%$216.2M$38.3M5xas long as short
Pacifica LIT+0.0100%1h4.7820+0.052%$672K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7791−0.008%$76.8M$73.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7797+0.004%$127K$420K5xas long as short
Bulk LIT-USD+0.0100%1h4.7909+0.238%$121K$2K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7804+0.019%$6.2M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7833+0.080%$5.5M$901K30xas long as short
Bitget LITUSDT+0.0100%4h4.7810+0.031%$6.8M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.7979+0.385%$294K$303K10xas long as short
Polymarket Perps LIT-USDlong+0.0100%1h4.7795long leg$445K$85K10x
Derive LIT-PERP+0.0100%1h4.8031+0.494%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7756−0.082%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7821+0.054%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.8019+0.469%$193K$305K30xas long as short
Phemex LITUSDT+0.0100%4h4.7820+0.052%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7798+0.005%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7696−0.207%$149K3xas long as short
RISEx LIT/USDC+0.0118%1h4.7825+0.064%$804K$2.4M5xas long as short
Aster LITUSDT+0.0275%4h4.7856+0.128%$12.8M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.7977+0.380%$32K$627K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7797+0.004%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7816+0.043%$64K50xas long as short
Aftermath Perps LITUSD+0.0503%1h4.7997+0.422%$10K$201K10xas long as short