Settings8H · net · $10k
Funding arb · Price arb /

LIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.012%
Price spread now: GRVT against Polymarket Perps+1.311%63s7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.236%−$24 on $10k
Price spread, last 4 days (all we have)−2.169%−$217 · spread now +1.311%, 7d avg −0.081%
Together, before fees−2.405%+ Points / potential airdropGRVT: Active · farm board−$240 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 1.391% dearer against Polymarket Perps than usual: you sell high and buy low (spread +1.311% now, against its 7-day average of −0.081%): +$139 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 53 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LIT-USD4.73710.0100pay 0.0013% / 1h31m 42s$454K$128K10x
ShortGRVT LIT_USDT_Perp4.79920.0012get 0.0006% / 4h1h 31m$889K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$18.48
Price spread: +1.311% → −0.081%
$139.15
Slippage, 4 orders
−$27.92
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$75.75
Costs to cover
0.449%
Break-even
from the start
Slippage from Polymarket Perps: live order book, 14 min ago; GRVT: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 14 min ago2.40 bp6.9 bp −$712.5 bp −$125doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago2.10 bp14.0 bp −$1430.8 bp −$308doesn't fitdoesn't fit

LIT on 41 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.0634%1h4.7354−0.035%$42K$19K10xas long as short
Orderly PERP_LIT_USDC−0.0359%4h4.7291−0.169%$32K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0296%1h4.7269−0.215%$599K$296K50xas long as short
01 Exchange LITUSD−0.0232%1h4.7326−0.095%$31K$3K5xas long as short
Bullet LIT-USD−0.0155%1h4.7373+0.005%$85K$44K20xas long as short
OKX LIT-USDT-SWAP−0.0070%4h4.7313−0.122%$25.8M$53.8M50xas long as short
Gate LIT_USDT−0.0002%4h4.7390+0.040%$2.8M$3.6M50xas long as short
dYdX LIT-USD0.0000%1h4.7399+0.058%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7385+0.030%$35K150xas long as short
GRVT LIT_USDT_Perpshort+0.0012%4h4.7992+1.311%$889K$1.9M10x
Show all 41 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP+0.0024%1h4.7384+0.027%$676K$875K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.412%$422$178K5.5xas long as short
Phoenix LIT+0.0083%1h4.7335−0.076%$203K$268K5xas long as short
Pacifica LIT+0.0092%1h4.7344−0.057%$630K$1.5M10xas long as short
Lighter LIT+0.0096%1h4.7386+0.032%$59.1M$23.7M5xas long as short
Lighter RH LIT+0.0096%1h4.7383+0.025%$3.6M$12.0M5xas long as short
Paradex LIT-USD-PERP+0.0098%8h4.7367−0.008%$7K$1K5xas long as short
Nado LIT-PERP+0.0100%1h4.7365−0.013%$2.1M$1.5M10xas long as short
Hyperliquid LIT+0.0100%1h4.7403+0.068%$213.8M$35.3M5xas long as short
Binance LITUSDT+0.0100%4h4.7309−0.130%$76.4M$66.4M75xas long as short
Bybit LITUSDT+0.0100%4h4.7340−0.065%$41.0M$25.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7400+0.061%$133K$366K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7322−0.103%$6.2M$3.6M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7393+0.046%$5.4M$663K30xas long as short
Bitget LITUSDT+0.0100%4h4.7370−0.002%$6.8M$2.2M20xas long as short
edgeX LITUSDC+0.0100%4h4.7997+1.321%$294K$300K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7580+0.441%$57K$78K50xas long as short
Polymarket Perps LIT-USDlong+0.0100%1h4.7371long leg$454K$128K10x
SunX LIT-USDT+0.0100%4h4.7312−0.125%$4K$1.0M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7365−0.013%$4K$302K5xas long as short
HTX LIT-USDT+0.0100%4h4.7357−0.030%$190K$258K30xas long as short
Phemex LITUSDT+0.0100%4h4.7360−0.023%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0100%1h4.7728+0.755%$157K$41K10xas long as short
Extended LIT-USD+0.0104%1h4.7330−0.087%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7331−0.084%$148K3xas long as short
Perpl LIT+0.0112%43m4.7408+0.078%$28K$553K33xas long as short
RISEx LIT/USDC+0.0176%1h4.7404+0.071%$788K$2.4M5xas long as short
Aster LITUSDT+0.0255%4h4.7409+0.080%$12.7M$1.8M50xas long as short
Aftermath Perps LITUSD+0.0260%1h4.7754+0.808%$8K$191K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7321−0.106%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0423% / S −0.0217%1h4.7654+0.597%$64K50xas long as short