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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h −0.023%
Price spread now: Polymarket Perps against Bulk+0.333%52s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.073%−$7 on $10k
Price spread, last 3 days (all we have)+0.802%+$80 · spread now +0.333%, 7d avg 0.000%
Together, before fees+0.729%+$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.333% dearer against Bulk than usual: you sell high and buy low (spread +0.333% now, against its 7-day average of 0.000%): +$33 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk LIT-USD4.74540.0100pay 0.0013% / 1h14m 29s$119K$6K10x
ShortPolymarket Perps LIT-USD4.76120.0021get 0.0003% / 1h14m 29s$450K$105K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bulk. 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
−$16.53
Price spread: +0.333% → 0.000%
$33.32
Slippage, 4 orders
−$17.36
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$15.57
Costs to cover
0.324%
Break-even
from the start
Slippage from Bulk: live order book, 9 min ago; Polymarket Perps: live order book, 8 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 Bulk live order book, 9 min ago0.74 bp4.6 bp −$524.3 bp −$24383.9 bp −$8,394doesn't fit
Sell Polymarket Perps live order book, 8 min ago2.31 bp12.5 bp −$1235.7 bp −$357doesn'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
Deribit LIT_USDC-PERPETUAL−0.1042%1h4.7605+0.318%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0611%4h4.7562+0.228%$33K$2K10xas long as short
Phemex LITUSDT−0.0568%4h4.7580+0.266%$1.3M$2.7M20xas long as short
Gate LIT_USDT−0.0562%4h4.7620+0.350%$2.8M$4.5M50xas long as short
01 Exchange LITUSD−0.0560%1h4.7536+0.173%$33K$4K5xas long as short
Bullet LIT-USD−0.0344%1h4.7594+0.295%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0332%4h4.7577+0.259%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0294%4h4.7610+0.329%$43.0M$30.7M75xas long as short
KuCoin LITUSDTM−0.0280%4h4.7647+0.407%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582+0.270%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0244%1h4.7637+0.386%$669K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.563%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0067%1h4.7610+0.329%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7660+0.434%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7558+0.220%$6K$2K5xas long as short
SoDEX LIT-USD−0.0020%1h4.7594+0.295%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7646+0.404%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7659+0.432%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7636+0.382%$830K$2.0M5xas long as short
Polymarket Perps LIT-USDshort+0.0021%1h4.7612+0.333%$450K$105K10x
Nado LIT-PERP+0.0022%1h4.7577+0.260%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.235%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7566+0.236%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0045%4h4.7568+0.240%$75.3M$81.5M75xas long as short
edgeX LITUSDC+0.0046%4h4.7599+0.305%$290K$312K10xas long as short
Aevo LIT-PERP+0.0064%1h4.7581+0.268%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7675+0.466%$59.8M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7686+0.489%$212.4M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7663+0.441%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7638+0.388%$587K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7599+0.306%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7610+0.329%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7650+0.413%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7654+0.421%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7624+0.358%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7651+0.415%$191K$329K30xas long as short
Bulk LIT-USDlong+0.0100%1h4.7454long leg$119K$6K10x
Extended LIT-USD+0.0104%1h4.7573+0.252%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7665+0.445%$32K$839K33xas long as short
BloFin LIT-USDT+0.0182%4h4.7612+0.333%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0359% / S −0.0155%1h4.7651+0.415%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7700+0.518%$3.7M$14.2M5xas long as short