Funding you earn now, next payment 02:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h +0.025%
Price spread now: Bulk against Polymarket Perps+0.475%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$15as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 3 days (all we have)+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)−3.748%−$375 · spread now +0.475%, 7d avg +0.014%
=The price spread pays, funding is against you. Bulk is 0.461% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.475% now, against its 7-day average of +0.014%): +$46 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 3 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.6954 | 0.0100 | pay 0.0013% / 1h | 8m 59s | $444K | $104K | 10x |
| Short | Bulk LIT-USD | 4.7177 | −0.0020 | pay 0.0002% / 1h | 8m 59s | $118K | $1K | 10x |
Polymarket Perps LIT-USD
Bulk LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.18
- Price spread: +0.475% → +0.014%
- $46.14
- Slippage, 4 orders
- −$16.08
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$10.12
- Costs to cover
- 0.311%
- Break-even
- from the start
Slippage from Polymarket Perps: live order book, 59 min ago; Bulk: live order book, 60 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, 59 min ago | 3.24 bp | 9.8 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 60 min ago | 0.42 bp | 5.5 bp −$6 | 14.3 bp −$143 | 38.3 bp −$3,830 | doesn't fit |
LIT on 41 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 | −0.0544% | 1h | 4.6922 | −0.068% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0439% | 4h | 4.6897 | −0.121% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0355% | 1h | 4.6931 | −0.050% | $84K | $72K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0267% | 1h | 4.6933 | −0.045% | $41K | $40K | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0168% | 1h | 4.7020 | +0.141% | $56K | $77K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0146% | 4h | 4.7050 | +0.204% | $895K | $1.7M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0104% | 4h | 4.7015 | +0.130% | $5.2M | $1.1M | 30x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7017 | +0.134% | $203K | $352K | 5x | as long as short |
| Phemex LITUSDT | −0.0098% | 4h | 4.6930 | −0.051% | $1.4M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0093% | 4h | 4.7020 | +0.141% | $25.5M | $62.4M | 50x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
ApeX Omni LITUSDT
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
Phoenix LIT
Phemex LITUSDT
OKX LIT-USDT-SWAPShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7385 | +0.917% | $670K | $373K | 50x | as long as short |
| Gate LIT_USDT | −0.0026% | 4h | 4.7000 | +0.098% | $2.8M | $4.3M | 50x | as long as short |
| Bulk LIT-USDshort | −0.0020% | 1h | 4.7177 | +0.475% | $118K | $1K | 10x | |
| dYdX LIT-USD | 0.0000% | 1h | 4.6982 | +0.060% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.6948 | −0.012% | $470 | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.313% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0042% | 8h | 4.6959 | +0.011% | $7K | $2K | 5x | as long as short |
| Bybit LITUSDT | +0.0059% | 4h | 4.6990 | +0.077% | $41.8M | $28.9M | 75x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.6949 | −0.011% | $817K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7008 | +0.115% | $58.9M | $29.6M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6913 | −0.086% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7016 | +0.132% | $210.3M | $41.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7000 | +0.099% | $583K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7000 | +0.098% | $74.8M | $79.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6984 | +0.064% | $116K | $447K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6976 | +0.047% | $5.4M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7030 | +0.162% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6970 | +0.034% | $681K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6965 | +0.024% | $286K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.6954 | long leg | $444K | $104K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.6955 | +0.003% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6966 | +0.026% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6950 | −0.009% | $1K | $422K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7046 | +0.196% | $189K | $351K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6976 | +0.046% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6940 | −0.029% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0121% | 4h | 4.7015 | +0.130% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0192% | 1h | 4.7033 | +0.168% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0252% | 1h | 4.7107 | +0.326% | $9K | $211K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0405% / S −0.0201% | 1h | 4.6951 | −0.006% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.6972 | +0.038% | $31K | $838K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Gate LIT_USDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Bybit LITUSDT
RISEx LIT/USDC
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT