Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: SoDEX against Polymarket Perps+0.185%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on Polymarket Perps Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.393%−$39 · spread now +0.185%, 7d avg −0.012%

Together, before fees−0.298%−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.197% dearer against Polymarket Perps than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.8615	0.0100	pay 0.0013% / 1h	17m 51s	$457K	$84K	10x
Short	SoDEX LIT-USD	4.8705	0.0100	get 0.0013% / 1h	17m 51s	$1K	$336K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.185%Rate

Funding earned: $0
Price spread: +0.185% → −0.012%: $19.73
Slippage, 4 orders: −$45.17
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$41.44
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 30 min ago; SoDEX: live order book, 31 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, 30 min ago	1.37 bp	5.4 bp −$5	11.1 bp −$111	doesn't fit	doesn't fit
Sell SoDEX live order book, 31 min ago	0.53 bp	20.1 bp −$20	49.9 bp −$499	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.8470	−0.297%	$613K	$370K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0354%	4h	4.8660	+0.093%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0238%	1h	4.8713	+0.202%	$43K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0216%	1h	4.8602	−0.027%	$32K	$4K	5x	as long as short
Bullet LIT-USD	−0.0166%	1h	4.8669	+0.111%	$87K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0144%	4h	4.7790	−1.697%	$891K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0143%	4h	4.8580	−0.072%	$26.1M	$62.9M	50x	as long as short
Phemex LITUSDT	−0.0140%	4h	4.8690	+0.154%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0017%	1h	4.8141	−0.975%	$207K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8608	−0.014%	$845K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.8471	−0.296%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8711	+0.197%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−1.183%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0046%	4h	4.8726	+0.228%	$5.5M	$1.0M	30x	as long as short
Bybit LITUSDT	+0.0058%	4h	4.8600	−0.031%	$42.2M	$28.8M	75x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8413	−0.415%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8756	+0.290%	$60.7M	$28.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8610	−0.010%	$2.2M	$1.7M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8465	−0.308%	$620K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8597	−0.036%	$78.1M	$77.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8609	−0.012%	$116K	$465K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7822	−1.631%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8680	+0.134%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8640	+0.051%	$6.0M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8710	+0.195%	$7.0M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8767	+0.313%	$683K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8045	−1.172%	$294K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7750	−1.779%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.8615	long leg	$457K	$84K	10x
Derive LIT-PERP	+0.0100%	1h	4.8731	+0.238%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8690	+0.154%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.8705	+0.185%	$1K	$336K	5x
HTX LIT-USDT	+0.0100%	4h	4.8615	0.000%	$202K	$342K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8653	+0.077%	$5.3M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8700	+0.175%	$152K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.8774	+0.327%	$3.7M	$13.3M	5x	as long as short
Hyperliquid LIT	+0.0204%	1h	4.8813	+0.407%	$220.0M	$41.1M	5x	as long as short
Aster LITUSDT	+0.0227%	4h	4.8714	+0.203%	$13.0M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0261%	1h	4.8071	−1.120%	$9K	$217K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8370	−0.504%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0429% / S −0.0217%	1h	4.8718	+0.212%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8614	−0.001%	$35K	$686K	33x	as long as short