Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.097%

Price spread now: BloFin against Polymarket Perps−0.075%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.495%+$50 on $10k

Price spread, last 3 days (all we have)−0.065%−$7 · spread now −0.075%, 7d avg −0.035%

Together, before fees+0.430%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.039% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.035%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.6958	0.0100	pay 0.0013% / 1h	22m 41s	$444K	$105K	10x
Short	BloFin LIT-USDT	4.6923	0.0227	get 0.0113% / 4h	1h 22m	$1.5M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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 Polymarket PerpsbpFee BloFinbpOrdersPrice spread, now −0.075%Rate

Funding earned: $26.63
Price spread: −0.075% → −0.035%: −$3.91
Slippage, 4 orders: −$25.11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.39
Costs to cover: 0.451%
Break-even: 12.9 days

Slippage from Polymarket Perps: live order book, 60 min ago; BloFin: live order book, 5 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 Polymarket Perps live order book, 60 min ago	2.31 bp	6.9 bp −$7	25.7 bp −$257	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	3.40 bp	10.8 bp −$11	24.2 bp −$242	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
Gate LIT_USDT	−0.1262%	4h	4.6980	+0.047%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0825%	1h	4.7018	+0.128%	$660K	$1.4M	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0767%	1h	4.6966	+0.017%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0624%	4h	4.6906	−0.111%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.6869	−0.190%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0519%	4h	4.6940	−0.038%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0463%	4h	4.6910	−0.102%	$25.2M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0326%	1h	4.6944	−0.030%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0303%	4h	4.6920	−0.081%	$42.4M	$30.1M	75x	as long as short
KuCoin LITUSDTM	−0.0282%	4h	4.6950	−0.017%	$5.2M	$1.1M	30x	as long as short

Show 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	+0.219%	$10K	$201K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0162%	4h	4.7040	+0.175%	$899K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	+0.509%	$668K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.6965	+0.016%	$783K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0051%	1h	4.6950	−0.017%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7054	+0.204%	$243K	$327K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7004	+0.098%	$34K	—	5x	as long as short
Paradex LIT-USD-PERP	+0.0001%	8h	4.6927	−0.066%	$6K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7012	+0.114%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.304%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7028	+0.148%	$286K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.6929	−0.062%	$5.5M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.6900	−0.122%	$74.5M	$80.8M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.6970	+0.025%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7023	+0.138%	$59.2M	$29.6M	5x	as long as short
SoDEX LIT-USD	+0.0096%	1h	4.6975	+0.036%	$996	$464K	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7031	+0.155%	$209.8M	$44.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.6990	+0.069%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.6996	+0.081%	$578K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6945	−0.028%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6948	−0.021%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6960	+0.004%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7050	+0.196%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.6958	long leg	$444K	$105K	10x
Derive LIT-PERP	+0.0100%	1h	4.7009	+0.108%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6964	+0.013%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7116	+0.336%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6911	−0.101%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7023	+0.138%	$3.6M	$13.8M	5x	as long as short
BloFin LIT-USDTshort	+0.0227%	4h	4.6923	−0.075%	$1.5M	$2.0M	75x
Perpl LIT	+0.0335%	43m	4.7006	+0.102%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0375% / S −0.0169%	1h	4.6999	+0.088%	$62K	—	50x	as long as short