Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%

Price spread now: Polymarket Perps against HTX−0.059%7-day average −0.150% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$900.903% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.247%−$25 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.059%, 7d avg −0.150%

Together, before fees−0.207%−$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.091% dearer against HTX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.150%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7306	0.0100	pay 0.0050% / 4h	2h 40m	$200K	$347K	30x
Short	Polymarket Perps LIT-USD	4.7278	0.0100	get 0.0013% / 1h	40m 09s	$444K	$87K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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 HTXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.150%: $9.09
Slippage, 4 orders: −$70.28
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$81.19
Costs to cover: 0.903%
Break-even: never at this rate

Slippage from HTX: live order book, 7 min ago; Polymarket Perps: live order book, 7 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 HTX live order book, 7 min ago	20.51 bp	35.1 bp −$35	442.4 bp −$4,424	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 7 min ago	1.37 bp	15.5 bp −$16	15.7 bp −$157	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−0.012%	$612K	$358K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0380%	4h	4.7229	−0.163%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.7250	−0.118%	$31K	$5K	5x	as long as short
Phemex LITUSDT	−0.0291%	4h	4.7260	−0.097%	$1.4M	$2.8M	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0219%	1h	4.7280	−0.056%	$41K	$40K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0218%	4h	4.7321	+0.031%	$897K	$1.8M	10x	as long as short
Bullet LIT-USD	−0.0156%	1h	4.7266	−0.085%	$85K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0141%	4h	4.7272	−0.072%	$25.5M	$60.7M	50x	as long as short
Bybit LITUSDT	−0.0091%	4h	4.7270	−0.076%	$41.2M	$28.6M	75x	as long as short
Phoenix LIT	−0.0017%	1h	4.7395	+0.188%	$204K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7301	−0.012%	$816K	$2.2M	5x	as long as short
KuCoin LITUSDTM	−0.0004%	4h	4.7318	+0.025%	$5.3M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7321	+0.032%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7310	+0.008%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.552%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7277	−0.062%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7329	+0.049%	$59.0M	$27.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7260	−0.096%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7358	+0.110%	$211.8M	$40.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7330	+0.051%	$572K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7262	−0.093%	$75.9M	$77.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7299	−0.015%	$119K	$457K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7290	−0.034%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7261	−0.095%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7340	+0.072%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7444	+0.292%	$664K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7301	−0.010%	$289K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7310	+0.008%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7278	−0.059%	$444K	$87K	10x
Derive LIT-PERP	+0.0100%	1h	4.7304	−0.003%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7233	−0.154%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7275	−0.066%	$1K	$351K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7306	long leg	$200K	$347K	30x
Bulk LIT-USD	+0.0100%	1h	4.7306	0.000%	$118K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7258	−0.101%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7270	−0.076%	$148K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7353	+0.099%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0212%	4h	4.7357	+0.107%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7394	+0.186%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0418%	1h	4.7395	+0.189%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0438% / S −0.0231%	1h	4.7288	−0.039%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7314	+0.016%	$31K	$705K	33x	as long as short