LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0464%/8h= +50.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.172%

Price spread now: Polymarket Perps against Deribit−0.095%48s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.095% cheaper against Deribit than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$14 a day). The two prices were read 48 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	Deribit LIT_USDC-PERPETUAL	4.6993	−0.0396	get 0.0050% / 1h	28m 29s	$41K	$40K	10x
Short	Polymarket Perps LIT-USD	4.6948	0.0067	get 0.0008% / 1h	28m 29s	$439K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.095%Rate

Funding earned: $97.37
Price spread: −0.095% → 0.000%: −$9.47
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $72.91
Costs to cover: 0.150%
Break-even: 1.8 days

Slippage unknown: Deribit: no order-book sample; Polymarket Perps: live order book, 29 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 Deribit no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 29 min ago	4.06 bp	14.2 bp −$14	31.3 bp −$313	doesn't fit	doesn't fit

Deribit: 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
01 Exchange LITUSD	−0.0448%	1h	4.6943	−0.105%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUALlong	−0.0396%	1h	4.6993	long leg	$41K	$40K	10x
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6930	−0.133%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0277%	1h	4.6972	−0.043%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0202%	4h	4.6960	−0.069%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.309%	$612K	$398K	50x	as long as short
Extended LIT-USD	−0.0096%	1h	4.6928	−0.137%	$5.1M	$5.0M	25x	as long as short
Bybit LITUSDT	−0.0073%	4h	4.6930	−0.133%	$41.3M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0071%	4h	4.6960	−0.069%	$1.4M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0046%	1h	4.6987	−0.012%	$657K	$1.4M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.6885	−0.229%	$202K	$305K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7011	+0.039%	$34K	—	5x	as long as short
KuCoin LITUSDTM	+0.0002%	4h	4.6985	−0.016%	$5.2M	$1.0M	30x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7000	+0.016%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0005%	4h	4.6923	−0.148%	$25.2M	$61.5M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.229%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0048%	1h	4.6958	−0.074%	$2.2M	$1.7M	10x	as long as short
ApeX Omni LITUSDT	+0.0065%	1h	4.6660	−0.708%	$56K	$76K	50x	as long as short
Polymarket Perps LIT-USDshort	+0.0067%	1h	4.6948	−0.095%	$439K	$110K	10x
Paradex LIT-USD-PERP	+0.0071%	8h	4.6931	−0.130%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6936	−0.119%	$794K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7051	+0.124%	$58.6M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7043	+0.107%	$3.7M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7082	+0.190%	$210.6M	$42.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6995	+0.005%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6929	−0.135%	$75.0M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6966	−0.056%	$115K	$456K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6992	−0.001%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6950	−0.090%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6855	−0.292%	$287K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6887	−0.224%	$903K	$1.8M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7016	+0.050%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6970	−0.048%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6990	−0.005%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6936	−0.120%	$198K	$387K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6576	−0.886%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6972	−0.043%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0213%	4h	4.7081	+0.188%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0230%	1h	4.6786	−0.440%	$9K	$207K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6996	+0.007%	$31K	$780K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6927	−0.139%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0419% / S −0.0217%	1h	4.6986	−0.014%	$63K	—	50x	as long as short