Funding you earn now, next payment 06:00 UTC+0.0540%/8h= +59.1% APRnext payment +$0.68 per $10,000 · paid last 24h +0.049%
Price spread now: Polymarket Perps against Coinbase International+0.074%7-day average −0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days+0.688%+$69 on $10k
+Price spread, last 4 days (all we have)−0.408%−$41 · spread now +0.074%, 7d avg −0.131%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Polymarket Perps is 0.205% dearer against Coinbase International than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LIT-PERP-INTX | 4.7780 | −0.0440 | get 0.0055% / 1h | 2m 40s | $605K | $352K | 50x |
| Short | Polymarket Perps LIT-USD | 4.7815 | 0.0100 | get 0.0013% / 1h | 2m 40s | $449K | $83K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Coinbase International. 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
- $113.4
- Price spread: +0.074% → −0.131%
- $20.48
- Slippage, 4 orders
- −$47.17
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $68.72
- Costs to cover
- 0.652%
- Break-even
- 2.8 days
Slippage from Coinbase International: live order book, 40 min ago; Polymarket Perps: live order book, 40 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 Coinbase International live order book, 40 min ago | 10.61 bp | 26.5 bp −$26 | 71.0 bp −$710 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 40 min ago | 4.20 bp | 8.5 bp −$8 | 13.5 bp −$135 | 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-INTXlong | −0.0440% | 1h | 4.7780 | long leg | $605K | $352K | 50x | |
| Orderly PERP_LIT_USDC | −0.0363% | 4h | 4.7748 | −0.066% | $33K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0264% | 1h | 4.7775 | −0.010% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0194% | 1h | 4.7808 | +0.059% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0137% | 4h | 4.7798 | +0.038% | $25.7M | $60.4M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0062% | 4h | 4.7880 | +0.210% | $886K | $2.0M | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0024% | 1h | 4.7818 | +0.080% | $42K | $40K | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7871 | +0.192% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7846 | +0.139% | $11K | — | 150x | as long as short |
| Phoenix LIT | +0.0033% | 1h | 4.7929 | +0.312% | $206K | $301K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.545% | $422 | $178K | 5.5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0044% | 1h | 4.7828 | +0.101% | $675K | $941K | 5x | as long as short |
| Bybit LITUSDT | +0.0050% | 4h | 4.7800 | +0.042% | $41.4M | $28.0M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7825 | +0.094% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7868 | +0.185% | $59.5M | $27.5M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7810 | +0.064% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7849 | +0.146% | $769K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7791 | +0.024% | $76.6M | $75.3M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7824 | +0.093% | $124K | $445K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7840 | +0.126% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7792 | +0.026% | $5.8M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7865 | +0.179% | $5.5M | $992K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7850 | +0.147% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7875 | +0.200% | $293K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7890 | +0.231% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0100% | 1h | 4.7815 | +0.074% | $449K | $83K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7837 | +0.120% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7798 | +0.038% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7816 | +0.076% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7871 | +0.191% | $199K | $298K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7820 | +0.084% | $1.4M | $2.8M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7895 | +0.241% | $119K | $7K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7782 | +0.005% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7836 | +0.117% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7827 | +0.099% | $796K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0195% | 4h | 4.7875 | +0.199% | $12.8M | $1.9M | 50x | as long as short |
| Hyperliquid LIT | +0.0270% | 1h | 4.7889 | +0.229% | $216.1M | $39.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7785 | +0.011% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0368% | 1h | 4.7904 | +0.260% | $3.7M | $13.3M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7835 | +0.115% | $64K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0428% | 1h | 4.7904 | +0.260% | $10K | $205K | 10x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7850 | +0.147% | $32K | $664K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Polymarket Perps LIT-USD
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Deribit LIT_USDC-PERPETUAL
gTrade (Gains Network) LIT/USD
Phoenix LIT
Injective LIT/USDC PERP
Backpack LIT_USDC_PERP
Bybit LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Extended LIT-USD
RISEx LIT/USDC
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD