Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.097%

Price spread now: Polymarket Perps against BloFin+0.237%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.495%−$50 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.237%, 7d avg +0.030%

Together, before fees−0.528%−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.207% dearer against BloFin than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.030%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LIT-USDT	4.7250	0.0340	pay 0.0170% / 4h	3m 10s	$1.6M	$2.1M	75x
Short	Polymarket Perps LIT-USD	4.7362	0.0100	get 0.0013% / 1h	3m 10s	$447K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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 BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.237%Rate

Funding earned: −$50.4
Price spread: +0.237% → +0.030%: $20.68
Slippage, 4 orders: −$27.07
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$76.8
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Polymarket Perps: live order book, 9 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 BloFin live order book, 5 min ago	1.80 bp	12.8 bp −$13	27.3 bp −$273	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 9 min ago	2.75 bp	11.9 bp −$12	24.3 bp −$243	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
Deribit LIT_USDC-PERPETUAL	−0.1068%	1h	4.7290	+0.085%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0812%	4h	4.7320	+0.148%	$2.8M	$4.6M	50x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7269	+0.040%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0537%	4h	4.7252	+0.004%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0381%	1h	4.7295	+0.094%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0330%	4h	4.7280	+0.063%	$25.7M	$64.0M	50x	as long as short
Phemex LITUSDT	−0.0301%	4h	4.7270	+0.042%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0154%	4h	4.7343	+0.197%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.758%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0078%	4h	4.7310	+0.127%	$906K	$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	4.7386	+0.288%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7367	+0.247%	$31K	$853K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7403	+0.325%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7358	+0.228%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7385	+0.286%	$800K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.672%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0034%	8h	4.7325	+0.159%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0048%	4h	4.7272	+0.047%	$42.6M	$30.3M	75x	as long as short
Backpack LIT_USDC_PERP	+0.0074%	1h	4.7302	+0.110%	$681K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7326	+0.161%	$59.1M	$30.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7355	+0.222%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7334	+0.178%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7376	+0.267%	$589K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7241	−0.020%	$75.4M	$82.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7375	+0.265%	$117K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7291	+0.086%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7252	+0.004%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7340	+0.190%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7325	+0.159%	$288K	$310K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7300	+0.106%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7362	+0.237%	$447K	$105K	10x
Derive LIT-PERP	+0.0100%	1h	4.7342	+0.194%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7322	+0.152%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7288	+0.080%	$1K	$470K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7391	+0.298%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7276	+0.056%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7314	+0.136%	$148K	$44K	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7357	+0.226%	$3.7M	$14.0M	5x	as long as short
Hyperliquid LIT	+0.0187%	1h	4.7351	+0.214%	$212.3M	$45.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0193%	1h	4.7370	+0.254%	$13K	$203K	10x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.7250	long leg	$1.6M	$2.1M	75x
GMX LIT/USD [ETH-USDC]	L +0.0380% / S −0.0172%	1h	4.7338	+0.186%	$63K	—	50x	as long as short