LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0182%/8h= +20.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.014%

Price spread now: Polymarket Perps against Coinbase International−2.114%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs+$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$267as in the Price arb table

costs, in and out, $10k−$660.659% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.765%+$77 on $10k

Price spread, last 3 days (all we have)+0.989%+$99 · spread now −2.114%, 7d avg −0.100%

Together, before fees+1.754%+$175 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 2.014% cheaper against Coinbase International than usual: you would sell low and buy high (spread −2.114% now, against its 7-day average of −0.100%). If the spread goes back, that is −$201 on $10k: about 37 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.8452	−0.0152	get 0.0019% / 1h	53m 54s	$668K	$408K	50x
Short	Polymarket Perps LIT-USD	4.7428	0.0030	get 0.0004% / 1h	53m 54s	$448K	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now −2.114%Rate

Funding earned: $38.27
Price spread: −2.114% → −0.100%: −$201.39
Slippage, 4 orders: −$47.89
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$229
Costs to cover: 0.659%
Break-even: 48.9 days

Slippage from Coinbase International: live order book, 34 min ago; Polymarket Perps: live order book, 33 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 Coinbase International live order book, 34 min ago	7.23 bp	22.1 bp −$22	51.4 bp −$514	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 33 min ago	4.24 bp	9.5 bp −$9	66.0 bp −$660	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	−0.0847%	1h	4.7435	−2.099%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0720%	1h	4.7407	−2.157%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0565%	4h	4.7362	−2.250%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0514%	1h	4.7486	−1.994%	$667K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0484%	4h	4.7440	−2.089%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0352%	1h	4.7414	−2.143%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0334%	4h	4.7464	−2.040%	$5.3M	$1.1M	30x	as long as short
Gate LIT_USDT	−0.0332%	4h	4.7420	−2.130%	$2.8M	$4.5M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0292%	4h	4.7451	−2.066%	$25.2M	$60.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0274%	4h	4.7490	−1.985%	$896K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0239%	4h	4.7446	−2.077%	$42.8M	$30.1M	75x	as long as short
Nado LIT-PERP	−0.0187%	1h	4.7420	−2.129%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0180%	1h	4.7443	−2.083%	$983	$474K	5x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0152%	1h	4.8452	long leg	$668K	$408K	50x
Phoenix LIT	−0.0067%	1h	4.7677	−1.600%	$246K	$321K	5x	as long as short
Extended LIT-USD	−0.0048%	1h	4.7440	−2.090%	$5.2M	$5.2M	25x	as long as short
Paradex LIT-USD-PERP	−0.0017%	8h	4.7400	−2.171%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7510	−1.945%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7461	−2.046%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7469	−2.030%	$815K	$2.0M	5x	as long as short
Polymarket Perps LIT-USDshort	+0.0030%	1h	4.7428	−2.114%	$448K	$104K	10x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.851%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0053%	4h	4.7426	−2.118%	$74.9M	$80.6M	75x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7423	−2.124%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0060%	4h	4.7527	−1.910%	$289K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7391	−2.190%	$148K	$44K	3x	as long as short
ApeX Omni LITUSDT	+0.0083%	1h	4.7490	−1.986%	$56K	$78K	50x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	−1.703%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7475	−2.017%	$210.9M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7478	−2.010%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7494	−1.977%	$596K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7429	−2.112%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7460	−2.048%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7467	−2.034%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7472	−2.023%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7465	−2.037%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7486	−1.994%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0120%	1h	4.7517	−1.930%	$59.6M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0160%	1h	4.7529	−1.905%	$3.7M	$14.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0161%	1h	4.7644	−1.668%	$11K	$198K	10x	as long as short
BloFin LIT-USDT	+0.0218%	4h	4.7425	−2.120%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7459	−2.050%	$60K	—	50x	as long as short