LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0216%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.016%

Price spread now: Coinbase International against Polymarket Perps+2.172%7-day average +0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs+$141as in the Price arb table

costs, in and out, $10k−$660.659% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.754%−$75 on $10k

Price spread, last 3 days (all we have)−1.047%−$105 · spread now +2.172%, 7d avg +0.100%

Together, before fees−1.801%−$180 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 2.072% dearer against Polymarket Perps than usual: you sell high and buy low (spread +2.172% now, against its 7-day average of +0.100%): +$207 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 32 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.7422	0.0064	pay 0.0008% / 1h	51m 22s	$448K	$104K	10x
Short	Coinbase International LIT-PERP-INTX	4.8452	−0.0152	pay 0.0019% / 1h	51m 22s	$668K	$408K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +2.172%Rate

Funding earned: −$45.44
Price spread: +2.172% → +0.100%: $207.24
Slippage, 4 orders: −$47.89
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $95.91
Costs to cover: 0.659%
Break-even: from the start

Slippage from Polymarket Perps: live order book, 36 min ago; Coinbase International: live order book, 36 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, 36 min ago	4.24 bp	16.1 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 36 min ago	7.23 bp	18.2 bp −$18	44.3 bp −$443	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
Deribit LIT_USDC-PERPETUAL	−0.1161%	1h	4.7413	−0.018%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0656%	1h	4.7346	−0.160%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0569%	4h	4.7364	−0.122%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0528%	1h	4.7448	+0.055%	$666K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0449%	4h	4.7390	−0.067%	$1.3M	$2.7M	20x	as long as short
Gate LIT_USDT	−0.0420%	4h	4.7430	+0.017%	$2.8M	$4.5M	50x	as long as short
Bullet LIT-USD	−0.0337%	1h	4.7406	−0.035%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0326%	4h	4.7459	+0.078%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0299%	4h	4.7400	−0.046%	$25.1M	$60.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0260%	4h	4.7480	+0.122%	$895K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0206%	4h	4.7409	−0.027%	$42.8M	$30.2M	75x	as long as short
Nado LIT-PERP	−0.0186%	1h	4.7398	−0.050%	$2.1M	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0152%	1h	4.8452	+2.172%	$668K	$408K	50x
Extended LIT-USD	−0.0080%	1h	4.7396	−0.054%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0063%	1h	4.7415	−0.015%	$982	$474K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7466	+0.093%	$246K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0016%	8h	4.7355	−0.141%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7460	+0.080%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7455	+0.070%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7456	+0.072%	$815K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.303%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0051%	4h	4.7381	−0.086%	$74.9M	$80.6M	75x	as long as short
MEXC LIT_USDT	+0.0052%	4h	4.7384	−0.080%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0053%	4h	4.7455	+0.070%	$289K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7387	−0.075%	$148K	$44K	3x	as long as short
Polymarket Perps LIT-USDlong	+0.0064%	1h	4.7422	long leg	$448K	$104K	10x
Bulk LIT-USD	+0.0077%	1h	4.7397	−0.053%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7451	+0.061%	$210.8M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7485	+0.133%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7439	+0.036%	$595K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7413	−0.019%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7430	+0.017%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7440	+0.038%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7457	+0.074%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7432	+0.021%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7468	+0.097%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7455	+0.069%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0112%	1h	4.7497	+0.158%	$59.6M	$29.6M	5x	as long as short
Aftermath Perps LITUSD	+0.0190%	1h	4.7563	+0.297%	$11K	$198K	10x	as long as short
BloFin LIT-USDT	+0.0203%	4h	4.7398	−0.051%	$1.5M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0264%	1h	4.7507	+0.179%	$3.7M	$14.0M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7451	+0.062%	$59K	—	50x	as long as short