Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.1% APRpaid last 24h −0.026%

Price spread now: Polymarket Perps against HTX−0.062%7-day average −0.151% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$870.868% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.062%, 7d avg −0.151%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.089% dearer against HTX than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.151%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.248% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.7024	0.0100	pay 0.0050% / 4h	21m 44s	$199K	$368K	30x
Short	Polymarket Perps LIT-USD	4.6995	0.0071	get 0.0009% / 1h	21m 44s	$439K	$109K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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 HTXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$6.01
Price spread: −0.062% → −0.151%: $8.91
Slippage, 4 orders: −$66.82
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$83.92
Costs to cover: 0.868%
Break-even: never at this rate

Slippage from HTX: live order book, 36 min ago; Polymarket Perps: live order book, 36 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 HTX live order book, 36 min ago	20.37 bp	33.8 bp −$34	479.9 bp −$4,799	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 36 min ago	4.06 bp	14.2 bp −$14	31.3 bp −$313	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	−0.0652%	1h	4.6943	−0.172%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0416%	1h	4.7006	−0.038%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6891	−0.283%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0284%	1h	4.6943	−0.173%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.375%	$612K	$398K	50x	as long as short
Gate LIT_USDT	−0.0164%	4h	4.6970	−0.115%	$2.7M	$4.3M	50x	as long as short
Bybit LITUSDT	−0.0086%	4h	4.6960	−0.136%	$41.3M	$28.8M	75x	as long as short
Phemex LITUSDT	−0.0053%	4h	4.6920	−0.221%	$1.3M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6980	−0.094%	$202K	$305K	5x	as long as short
Extended LIT-USD	−0.0024%	1h	4.6983	−0.088%	$5.1M	$5.0M	25x	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	4.7012	−0.027%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6978	−0.097%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0010%	4h	4.6975	−0.104%	$25.2M	$61.2M	50x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.6983	−0.087%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.161%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0058%	1h	4.6974	−0.106%	$657K	$1.4M	5x	as long as short
Polymarket Perps LIT-USDshort	+0.0071%	1h	4.6995	−0.062%	$439K	$109K	10x
Nado LIT-PERP	+0.0072%	1h	4.6970	−0.115%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0073%	8h	4.6927	−0.205%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.7007	−0.037%	$790K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7024	0.000%	$58.6M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7044	+0.043%	$3.7M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7036	+0.026%	$210.4M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6970	−0.115%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6944	−0.169%	$75.1M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7020	−0.009%	$117K	$458K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6895	−0.274%	$117K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6944	−0.170%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6970	−0.115%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6936	−0.188%	$287K	$304K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6950	−0.157%	$903K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6950	−0.157%	$56K	$76K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6984	−0.086%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7007	−0.036%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6955	−0.147%	$1K	$380K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.7024	long leg	$199K	$368K	30x
Aevo LIT-PERP	+0.0104%	1h	4.6943	−0.172%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0223%	4h	4.7054	+0.063%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0258%	1h	4.6950	−0.158%	$9K	$207K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6997	−0.057%	$31K	$770K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6914	−0.234%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.6972	−0.111%	$65K	—	50x	as long as short