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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.020%
Price spread now: Polymarket Perps against GRVT+0.558%63s7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.241%+$24 on $10k
Price spread, last 4 days (all we have)+0.591%+$59 · spread now +0.558%, 7d avg +0.085%
Together, before fees+0.832%+ Points / potential airdropGRVT: Active · farm board+$83 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.473% dearer against GRVT than usual: you sell high and buy low (spread +0.558% now, against its 7-day average of +0.085%): +$47 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 47 days. Mind the row above: over the last 7 days funding on this pair paid +0.241%, so the current rate has only just turned against you. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LIT_USDT_Perp4.66300.0100pay 0.0050% / 4h30m 10s$906K$1.8M10x
ShortPolymarket Perps LIT-USD4.68900.0066get 0.0008% / 1h30m 10s$438K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GRVT. 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
−$7.07
Price spread: +0.558% → +0.085%
$47.32
Slippage, 4 orders
−$38.89
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$15.64
Costs to cover
0.559%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 min ago; Polymarket Perps: live order book, 27 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 GRVT live order book, 3 min ago1.07 bp18.7 bp −$1949.5 bp −$495doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 27 min ago4.06 bp14.2 bp −$1431.3 bp −$313doesn'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−0.0472%1h4.6882+0.541%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0389%4h4.6851+0.474%$32K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0317%1h4.6915+0.611%$41K$40K10xas long as short
Bullet LIT-USD−0.0279%1h4.6896+0.571%$84K$68K20xas long as short
Gate LIT_USDT−0.0220%4h4.6920+0.622%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848+0.467%$612K$398K50xas long as short
Extended LIT-USD−0.0104%1h4.6903+0.585%$5.1M$5.0M25xas long as short
Backpack LIT_USDC_PERP−0.0080%1h4.6981+0.753%$657K$1.4M5xas long as short
Phemex LITUSDT−0.0075%4h4.6890+0.558%$1.4M$2.8M20xas long as short
Bybit LITUSDT−0.0064%4h4.6950+0.686%$41.3M$28.8M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.6644+0.030%$201K$305K5xas long as short
KuCoin LITUSDTM−0.0004%4h4.6895+0.569%$5.2M$1.0M30xas long as short
dYdX LIT-USD0.0000%1h4.6881+0.539%$34K5xas long as short
OKX LIT-USDT-SWAP+0.0002%4h4.6978+0.747%$25.2M$61.5M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6930+0.643%$11K150xas long as short
Nado LIT-PERP+0.0030%1h4.6885+0.547%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+3.024%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0065%1h4.6660+0.065%$56K$76K50xas long as short
Polymarket Perps LIT-USDshort+0.0066%1h4.6890+0.558%$438K$110K10x
Paradex LIT-USD-PERP+0.0070%8h4.6858+0.489%$6K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.6911+0.603%$788K$2.1M5xas long as short
Lighter LIT+0.0096%1h4.6962+0.712%$58.5M$28.7M5xas long as short
Lighter RH LIT+0.0096%1h4.6972+0.734%$3.6M$13.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7028+0.854%$210.3M$42.2M5xas long as short
Pacifica LIT+0.0100%1h4.6891+0.560%$586K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6924+0.631%$75.0M$79.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.6898+0.575%$115K$456K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6923+0.629%$5.6M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6950+0.686%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6556−0.159%$285K$305K10xas long as short
GRVT LIT_USDT_Perplong+0.0100%4h4.6630long leg$906K$1.8M10x
Derive LIT-PERP+0.0100%1h4.6933+0.649%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6889+0.556%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6921+0.624%$1K$387K5xas long as short
HTX LIT-USDT+0.0100%4h4.6936+0.656%$198K$387K30xas long as short
Bulk LIT-USD+0.0100%1h4.6576−0.116%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6895+0.568%$147K3xas long as short
Aster LITUSDT+0.0204%4h4.6990+0.773%$12.6M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0231%1h4.6744+0.245%$9K$207K10xas long as short
Perpl LIT+0.0335%43m4.6911+0.604%$31K$788K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6878+0.532%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0419% / S −0.0217%1h4.6926+0.634%$63K50xas long as short