Funding you earn now, next payment 22:03 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.063%
Price spread now: Polymarket Perps against Perpl−0.102%7-day average −0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 3 days (all we have)+0.089%+$9 · spread now −0.102%, 7d avg −0.050%
=Together, before fees−0.010%+ Points / potential airdropPerpl: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.052% cheaper against Perpl than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl LIT | 4.7006 | 0.0335 | pay 0.0030% / 43m | 36m 14s | $31K | $839K | 33x |
| Short | Polymarket Perps LIT-USD | 4.6958 | 0.0100 | get 0.0013% / 1h | 23m 14s | $444K | $105K | 10x |
Perpl LIT
Polymarket Perps LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Perpl. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$49.33
- Price spread: −0.102% → −0.050%
- −$5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$76.28
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Polymarket Perps: live order book, 59 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 59 min ago | 2.31 bp | 12.5 bp −$12 | 35.7 bp −$357 | doesn't fit | doesn't fit |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1242% | 4h | 4.6980 | −0.055% | $2.8M | $4.5M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0818% | 1h | 4.7042 | +0.077% | $661K | $1.4M | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0767% | 1h | 4.6966 | −0.085% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0624% | 4h | 4.6906 | −0.213% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.6930 | −0.161% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0519% | 4h | 4.6940 | −0.140% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0459% | 4h | 4.6950 | −0.119% | $25.2M | $62.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0326% | 1h | 4.6944 | −0.132% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0293% | 4h | 4.6970 | −0.076% | $42.4M | $30.1M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0280% | 4h | 4.6949 | −0.121% | $5.2M | $1.1M | 30x | as long as short |
Gate LIT_USDT
Backpack LIT_USDC_PERP
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0208% | 1h | 4.7061 | +0.116% | $10K | $201K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0162% | 4h | 4.7040 | +0.073% | $899K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7197 | +0.407% | $668K | $398K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7016 | +0.022% | $783K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0051% | 1h | 4.6950 | −0.119% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7054 | +0.102% | $243K | $327K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6993 | −0.027% | $34K | — | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0001% | 8h | 4.6952 | −0.115% | $6K | $2K | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7012 | +0.012% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.200% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7028 | +0.046% | $286K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.6947 | −0.125% | $5.5M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0057% | 4h | 4.6941 | −0.138% | $74.5M | $80.8M | 75x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.6970 | −0.077% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7041 | +0.075% | $59.2M | $29.6M | 5x | as long as short |
| SoDEX LIT-USD | +0.0096% | 1h | 4.6975 | −0.066% | $996 | $464K | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7039 | +0.070% | $209.8M | $44.1M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7033 | +0.058% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6988 | −0.039% | $578K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6987 | −0.040% | $117K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6948 | −0.122% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7000 | −0.013% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7050 | +0.094% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0100% | 1h | 4.6958 | −0.102% | $444K | $105K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7009 | +0.006% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6964 | −0.089% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7116 | +0.234% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6938 | −0.145% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0216% | 1h | 4.7034 | +0.060% | $3.6M | $13.7M | 5x | as long as short |
| BloFin LIT-USDT | +0.0227% | 4h | 4.6923 | −0.176% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LITlong | +0.0335% | 43m | 4.7006 | long leg | $31K | $839K | 33x | |
| GMX LIT/USD [ETH-USDC] | L +0.0375% / S −0.0169% | 1h | 4.6999 | −0.014% | $62K | — | 50x | as long as short |
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
dYdX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
Lighter LIT
SoDEX LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]