Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −24.9% APRpaid last 24h −0.039%
Price spread now: Bybit against Polymarket Perps−0.021%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)−0.801%−$80 · spread now −0.021%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% 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 | 4.7580 | 0.0100 | pay 0.0013% / 1h | 42m 24s | $449K | $105K | 10x |
| Short | Bybit LITUSDT | 4.7570 | −0.0128 | pay 0.0064% / 4h | 42m 24s | $42.9M | $30.0M | 75x |
Polymarket Perps LIT-USD
Bybit LITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$47.82
- Price spread: −0.021% → −0.040%
- $1.93
- Slippage, 4 orders
- −$46.64
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.53
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 35 min ago; Bybit: live order book, 1 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, 35 min ago | 3.20 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.10 bp | 20.5 bp −$20 | 54.2 bp −$542 | 488.0 bp −$48.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0912% | 4h | 4.7630 | +0.105% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0860% | 1h | 4.7588 | +0.018% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0609% | 4h | 4.7543 | −0.078% | $33K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0544% | 1h | 4.7501 | −0.166% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0445% | 4h | 4.7570 | −0.021% | $25.8M | $63.9M | 50x | as long as short |
| Phemex LITUSDT | −0.0443% | 4h | 4.7590 | +0.021% | $1.4M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0299% | 1h | 4.7563 | −0.036% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0234% | 4h | 4.7613 | +0.069% | $5.3M | $1.1M | 30x | as long as short |
| Bybit LITUSDTshort | −0.0128% | 4h | 4.7570 | −0.021% | $42.9M | $30.0M | 75x | |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7920 | +0.714% | $678K | $405K | 50x | as long as short |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTXShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0112% | 4h | 4.7819 | +0.503% | $909K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7853 | +0.574% | $208K | $353K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7584 | +0.008% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7599 | +0.040% | $31K | $840K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7619 | +0.082% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0011% | 8h | 4.7564 | −0.033% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7617 | +0.078% | $819K | $2.1M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.967% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0072% | 4h | 4.7820 | +0.503% | $291K | $312K | 10x | as long as short |
| Binance LITUSDT | +0.0074% | 4h | 4.7546 | −0.072% | $75.7M | $81.5M | 75x | as long as short |
| MEXC LIT_USDT | +0.0076% | 4h | 4.7546 | −0.071% | $5.6M | $4.1M | 100x | as long as short |
| Aftermath Perps LITUSD | +0.0077% | 1h | 4.7755 | +0.367% | $13K | $203K | 10x | as long as short |
| Aevo LIT-PERP | +0.0080% | 1h | 4.7579 | −0.002% | $149K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7646 | +0.139% | $59.9M | $29.8M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7565 | −0.032% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7626 | +0.097% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7615 | +0.074% | $602K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7608 | +0.059% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7741 | +0.339% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7590 | +0.021% | $6.8M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7612 | +0.067% | $676K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7820 | +0.504% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7580 | long leg | $449K | $105K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7624 | +0.092% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7607 | +0.057% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7587 | +0.015% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7836 | +0.538% | $191K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7567 | −0.028% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0160% | 1h | 4.7674 | +0.198% | $3.7M | $13.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0249% | 1h | 4.7661 | +0.171% | $213.7M | $44.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0306% | 4h | 4.7564 | −0.034% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7603 | +0.049% | $62K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Injective LIT/USDC PERP
edgeX LITUSDC
Binance LITUSDT
MEXC LIT_USDT
Aftermath Perps LITUSD
Aevo LIT-PERP
Lighter LIT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]