Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%

Price spread now: Polymarket Perps against Binance+0.234%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.601%+$60 · spread now +0.234%, 7d avg +0.050%

Together, before fees+0.471%+$47 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: Polymarket Perps is 0.185% dearer against Binance than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITUSDT	4.7371	0.0100	pay 0.0050% / 4h	2h 34m	$76.1M	$76.8M	75x
Short	Polymarket Perps LIT-USD	4.7482	0.0100	get 0.0013% / 1h	34m 02s	$446K	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Binance. 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 BinancebpFee Polymarket PerpsbpOrdersPrice spread, now +0.234%Rate

Funding earned: $0
Price spread: +0.234% → +0.050%: $18.48
Slippage, 4 orders: −$28.14
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27.66
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Polymarket Perps: live order book, 13 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 Binance live order book, 8 min ago	0.11 bp	12.3 bp −$12	30.3 bp −$303	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 13 min ago	1.37 bp	15.5 bp −$16	15.7 bp −$157	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
Deribit LIT_USDC-PERPETUAL	−0.0645%	1h	4.7428	+0.121%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−0.149%	$612K	$347K	50x	as long as short
Phemex LITUSDT	−0.0394%	4h	4.7440	+0.146%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0375%	4h	4.7433	+0.131%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7494	+0.260%	$31K	$4K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0212%	4h	4.7640	+0.569%	$888K	$1.9M	10x	as long as short
Bullet LIT-USD	−0.0159%	1h	4.7450	+0.167%	$85K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0143%	4h	4.7393	+0.046%	$25.5M	$60.7M	50x	as long as short
Bybit LITUSDT	−0.0023%	4h	4.7400	+0.061%	$41.2M	$28.6M	75x	as long as short
Phoenix LIT	−0.0017%	1h	4.7579	+0.439%	$205K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7556	+0.389%	$820K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7712	+0.721%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7477	+0.225%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0014%	4h	4.7496	+0.264%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.412%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7631	+0.549%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7491	+0.253%	$59.2M	$27.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7500	+0.271%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7509	+0.291%	$212.8M	$40.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7685	+0.663%	$577K	$1.6M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7371	long leg	$76.1M	$76.8M	75x
Arcus LIT-USD	+0.0100%	1h	4.7546	+0.369%	$118K	$462K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7500	+0.272%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7433	+0.131%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7440	+0.146%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7426	+0.116%	$664K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7604	+0.491%	$291K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7660	+0.610%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7482	+0.234%	$446K	$84K	10x
Derive LIT-PERP	+0.0100%	1h	4.7463	+0.195%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7432	+0.129%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7427	+0.118%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7785	+0.874%	$202K	$345K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7306	−0.137%	$118K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7372	+0.002%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7490	+0.252%	$149K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7504	+0.281%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0221%	4h	4.7476	+0.222%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7821	+0.950%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0432%	1h	4.7603	+0.490%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7469	+0.207%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7540	+0.357%	$31K	$684K	33x	as long as short