Funding you earn now, next payment 20:36 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.057%
Price spread now: Perpl against Polymarket Perps+0.189%57s7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 3 days (all we have)−0.177%−$18 · spread now +0.189%, 7d avg +0.051%
=Together, before fees−0.088%+ Points / potential airdropPerpl: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Perpl is 0.138% dearer against Polymarket Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.051%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.7536 | −0.0128 | get 0.0016% / 1h | 57m 38s | $449K | $104K | 10x |
| Short | Perpl LIT | 4.7626 | 0.0112 | get 0.0010% / 43m | 1m 38s | $31K | $843K | 33x |
Polymarket Perps LIT-USD
Perpl LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $50.37
- Price spread: +0.189% → +0.051%
- $13.78
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $42.35
- Costs to cover
- 0.218%
- Break-even
- 1.1 days
Slippage unknown: Polymarket Perps: live order book, 29 min ago; Perpl: no order-book sample. Net counts fees only.
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, 29 min ago | 4.24 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1025% | 1h | 4.7531 | −0.011% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0752% | 1h | 4.7457 | −0.166% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0564% | 4h | 4.7489 | −0.099% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0504% | 4h | 4.7510 | −0.055% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0411% | 1h | 4.7561 | +0.053% | $86K | $81K | 20x | as long as short |
| SoDEX LIT-USD | −0.0380% | 1h | 4.7531 | −0.011% | $985 | $474K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0342% | 1h | 4.7590 | +0.114% | $668K | $1.5M | 5x | as long as short |
| KuCoin LITUSDTM | −0.0324% | 4h | 4.7529 | −0.015% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0289% | 4h | 4.7525 | −0.023% | $25.2M | $60.7M | 50x | as long as short |
| Gate LIT_USDT | −0.0268% | 4h | 4.7560 | +0.050% | $2.8M | $4.5M | 50x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Phemex LITUSDT
Bullet LIT-USD
SoDEX LIT-USD
Backpack LIT_USDC_PERP
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Gate LIT_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0262% | 4h | 4.7620 | +0.177% | $902K | $1.9M | 10x | as long as short |
| Bybit LITUSDT | −0.0241% | 4h | 4.7524 | −0.025% | $42.9M | $30.1M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0230% | 1h | 4.7610 | +0.156% | $56K | $78K | 50x | as long as short |
| Nado LIT-PERP | −0.0209% | 1h | 4.7510 | −0.055% | $2.1M | $1.7M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.8452 | +1.927% | $668K | $408K | 50x | as long as short |
| Polymarket Perps LIT-USDlong | −0.0128% | 1h | 4.7536 | long leg | $449K | $104K | 10x | |
| Phoenix LIT | −0.0067% | 1h | 4.7770 | +0.492% | $247K | $317K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0020% | 8h | 4.7502 | −0.071% | $5K | $1K | 5x | as long as short |
| Extended LIT-USD | −0.0016% | 1h | 4.7524 | −0.025% | $5.3M | $5.2M | 25x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7560 | +0.050% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7615 | +0.167% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7573 | +0.078% | $817K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.060% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0056% | 4h | 4.7501 | −0.074% | $75.1M | $80.7M | 75x | as long as short |
| MEXC LIT_USDT | +0.0058% | 4h | 4.7513 | −0.048% | $6.0M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0066% | 4h | 4.7648 | +0.236% | $290K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7531 | −0.010% | $149K | $44K | 3x | as long as short |
| Bulk LIT-USD | +0.0088% | 1h | 4.7627 | +0.191% | $119K | $7K | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7558 | +0.046% | $211.3M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7580 | +0.093% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7578 | +0.088% | $597K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7551 | +0.032% | $118K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7540 | +0.008% | $6.7M | $2.7M | 20x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7593 | +0.120% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7582 | +0.097% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7680 | +0.303% | $189K | $325K | 30x | as long as short |
| Perpl LITshort | +0.0112% | 43m | 4.7626 | +0.189% | $31K | $843K | 33x | |
| Aftermath Perps LITUSD | +0.0141% | 1h | 4.7797 | +0.548% | $11K | $198K | 10x | as long as short |
| Lighter LIT | +0.0152% | 1h | 4.7624 | +0.185% | $59.7M | $29.5M | 5x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7635 | +0.208% | $3.7M | $14.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0246% | 4h | 4.7590 | +0.114% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7610 | +0.156% | $60K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Bybit LITUSDT
ApeX Omni LITUSDT
Nado LIT-PERP
Coinbase International LIT-PERP-INTX
Phoenix LIT
Paradex LIT-USD-PERP
Extended LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Aftermath Perps LITUSD
Lighter LIT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]