Funding you earn now, next payment 11:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.070%
Price spread now: OKX against Polymarket Perps+0.184%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−1.443%−$144 · spread now +0.184%, 7d avg −0.039%
=The price spread pays, funding is against you. OKX is 0.223% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of −0.039%): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.066% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.7897 | 0.0100 | pay 0.0013% / 1h | 58m 08s | $446K | $83K | 10x |
| Short | OKX LIT-USDT-SWAP | 4.7985 | −0.0087 | pay 0.0044% / 4h | 1h 58m | $26.1M | $54.2M | 50x |
Polymarket Perps LIT-USD
OKX LIT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$39.31
- Price spread: +0.184% → −0.039%
- $22.32
- Slippage, 4 orders
- −$18.69
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$53.69
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 52 min ago; OKX: 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, 52 min ago | 3.24 bp | 9.1 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.10 bp | 10.5 bp −$11 | 27.4 bp −$274 | doesn't fit | doesn't fit |
LIT on 41 exchanges
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 | −0.0432% | 1h | 4.7862 | −0.073% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0370% | 4h | 4.7872 | −0.052% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0296% | 1h | 4.8127 | +0.481% | $609K | $297K | 50x | as long as short |
| Bullet LIT-USD | −0.0251% | 1h | 4.7912 | +0.032% | $86K | $44K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0236% | 1h | 4.7935 | +0.079% | $42K | $19K | 10x | as long as short |
| OKX LIT-USDT-SWAPshort | −0.0087% | 4h | 4.7985 | +0.184% | $26.1M | $54.2M | 50x | |
| Extended LIT-USD | −0.0064% | 1h | 4.7945 | +0.100% | $5.1M | $4.8M | 25x | as long as short |
| Backpack LIT_USDC_PERP | −0.0055% | 1h | 4.7970 | +0.152% | $684K | $870K | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0032% | 1h | 4.7910 | +0.027% | $58K | $78K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7959 | +0.129% | $34K | — | 5x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
Extended LIT-USD
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
dYdX LIT-USDShow all 41 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | 0.0000% | 1h | 4.7979 | +0.171% | $206K | $266K | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0002% | 4h | 4.7980 | +0.173% | $895K | $1.9M | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7945 | +0.099% | $36K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.299% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0035% | 4h | 4.7960 | +0.132% | $41.6M | $24.8M | 75x | as long as short |
| Gate LIT_USDT | +0.0068% | 4h | 4.7970 | +0.152% | $2.8M | $3.6M | 50x | as long as short |
| Pacifica LIT | +0.0092% | 1h | 4.7926 | +0.061% | $638K | $1.5M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0098% | 8h | 4.7888 | −0.018% | $7K | $1K | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7934 | +0.076% | $2.1M | $1.5M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7999 | +0.213% | $216.8M | $34.8M | 5x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7934 | +0.077% | $77.3M | $66.3M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7944 | +0.098% | $131K | $359K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8137 | +0.501% | $157K | $37K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7924 | +0.056% | $6.3M | $3.5M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7971 | +0.154% | $5.5M | $719K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7980 | +0.173% | $6.9M | $2.2M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7933 | +0.076% | $294K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7897 | long leg | $446K | $83K | 10x | |
| SunX LIT-USDT | +0.0100% | 4h | 4.7874 | −0.048% | $4K | $1.0M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7961 | +0.134% | $4K | $297K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7995 | +0.205% | $192K | $269K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7940 | +0.090% | $1.4M | $2.7M | 20x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7947 | +0.105% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0176% | 1h | 4.7937 | +0.084% | $797K | $2.3M | 5x | as long as short |
| Lighter LIT | +0.0232% | 1h | 4.8017 | +0.251% | $59.8M | $23.1M | 5x | as long as short |
| Aster LITUSDT | +0.0287% | 4h | 4.8013 | +0.242% | $12.8M | $1.8M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7889 | −0.017% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0384% | 1h | 4.8038 | +0.294% | $3.8M | $11.1M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0423% / S −0.0217% | 1h | 4.7924 | +0.057% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7968 | +0.147% | $28K | $560K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0471% | 1h | 4.8002 | +0.219% | $9K | $185K | 10x | as long as short |
Phoenix LIT
GRVT LIT_USDT_Perp
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Bybit LITUSDT
Gate LIT_USDT
Pacifica LIT
Paradex LIT-USD-PERP
Nado LIT-PERP
Hyperliquid LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Aevo LIT-PERP
RISEx LIT/USDC
Lighter LIT
Aster LITUSDT
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]
Perpl LIT
Aftermath Perps LITUSD