Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%

Price spread now: MEXC against Polymarket Perps−0.065%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 4 days (all we have)−3.323%−$332 · spread now −0.065%, 7d avg −0.047%

Together, before fees−3.194%−$319 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.7941	0.0100	pay 0.0013% / 1h	43m 04s	$450K	$82K	10x
Short	MEXC LIT_USDT	4.7910	0.0100	get 0.0050% / 4h	43m 04s	$5.9M	$3.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.047%: −$1.77
Slippage, 4 orders: −$15.44
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$29.21
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 59 min ago; MEXC: live order book, 4 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	4.20 bp	11.7 bp −$12	15.5 bp −$155	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.10 bp	3.6 bp −$4	41.9 bp −$419	281.9 bp −$28.2K	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	−0.0655%	1h	4.7912	−0.061%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0392%	1h	4.7923	−0.038%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0366%	4h	4.7869	−0.150%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.336%	$605K	$347K	50x	as long as short
Bullet LIT-USD	−0.0261%	1h	4.7924	−0.035%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0143%	4h	4.7930	−0.023%	$25.7M	$59.9M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0096%	4h	4.7900	−0.086%	$891K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0079%	1h	4.7900	−0.086%	$57K	$73K	50x	as long as short
Bybit LITUSDT	−0.0007%	4h	4.7933	−0.017%	$41.7M	$28.0M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8000	+0.124%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7968	+0.056%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.207%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7998	+0.119%	$206K	$293K	5x	as long as short
Phemex LITUSDT	+0.0061%	4h	4.7930	−0.023%	$1.4M	$2.8M	20x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.7976	+0.073%	$801K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7929	−0.025%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8008	+0.140%	$59.7M	$26.4M	5x	as long as short
KuCoin LITUSDTM	+0.0098%	4h	4.7944	+0.006%	$5.5M	$958K	30x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7920	−0.044%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7984	+0.090%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7914	−0.057%	$76.8M	$74.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7955	+0.029%	$125K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8008	+0.140%	$120K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7960	+0.040%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.7910	−0.065%	$5.9M	$3.9M	100x
Bitget LITUSDT	+0.0100%	4h	4.7960	+0.040%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7978	+0.077%	$766K	$945K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7930	−0.024%	$293K	$304K	10x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.7941	long leg	$450K	$82K	10x
Derive LIT-PERP	+0.0100%	1h	4.7975	+0.070%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7917	−0.050%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7918	−0.048%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7931	−0.021%	$200K	$298K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7904	−0.078%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7914	−0.057%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.8006	+0.136%	$3.7M	$12.7M	5x	as long as short
Aster LITUSDT	+0.0183%	4h	4.8029	+0.183%	$12.9M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0262%	1h	4.8034	+0.194%	$216.8M	$39.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0326%	1h	4.7946	+0.010%	$10K	$204K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7898	−0.090%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7961	+0.041%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7966	+0.052%	$32K	$653K	33x	as long as short