Funding you earn now, next payment 07:00 UTC−0.0444%/8h= −48.6% APRnext payment −$0.56 per $10,000 · paid last 24h −0.053%
Price spread now: Coinbase International against Polymarket Perps−0.122%7-day average +0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.683%−$68 on $10k
+Price spread, last 4 days (all we have)+0.447%+$45 · spread now −0.122%, 7d avg +0.129%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.251% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.129%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.7838 | 0.0100 | pay 0.0013% / 1h | 19m 17s | $446K | $86K | 10x |
| Short | Coinbase International LIT-PERP-INTX | 4.7780 | −0.0344 | pay 0.0043% / 1h | 19m 17s | $605K | $347K | 50x |
Polymarket Perps LIT-USD
Coinbase International LIT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$93.24
- Price spread: −0.122% → +0.129%
- −$25.07
- Slippage, 4 orders
- −$40.79
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$177.1
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 18 min ago; Coinbase International: live order book, 19 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, 18 min ago | 3.14 bp | 15.0 bp −$15 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 19 min ago | 5.80 bp | 14.9 bp −$15 | 49.6 bp −$496 | 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 | −0.0440% | 1h | 4.7817 | −0.045% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0381% | 4h | 4.7766 | −0.151% | $33K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0344% | 1h | 4.7780 | −0.122% | $605K | $347K | 50x | |
| 01 Exchange LITUSD | −0.0304% | 1h | 4.7803 | −0.073% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0219% | 1h | 4.7826 | −0.024% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0160% | 4h | 4.7822 | −0.033% | $25.7M | $59.3M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0106% | 4h | 4.7688 | −0.314% | $882K | $2.0M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0055% | 1h | 4.7740 | −0.205% | $57K | $73K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7811 | −0.056% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7855 | +0.037% | $36K | — | 150x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | +0.0025% | 4h | 4.7822 | −0.033% | $41.5M | $28.1M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.422% | $422 | $178K | 5.5x | as long as short |
| Phoenix LIT | +0.0050% | 1h | 4.7725 | −0.236% | $205K | $293K | 5x | as long as short |
| RISEx LIT/USDC | +0.0064% | 1h | 4.7848 | +0.022% | $797K | $2.3M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0093% | 8h | 4.7770 | −0.143% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7899 | +0.128% | $59.7M | $26.8M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7791 | −0.098% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7830 | −0.017% | $818K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7835 | −0.006% | $76.7M | $74.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7839 | +0.002% | $126K | $446K | 5x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7830 | −0.017% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7814 | −0.050% | $5.9M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7827 | −0.023% | $5.4M | $931K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7850 | +0.025% | $6.8M | $2.5M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7830 | −0.017% | $682K | $1.0M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7708 | −0.271% | $292K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7838 | long leg | $446K | $86K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7710 | −0.268% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7787 | −0.107% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7834 | −0.008% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7771 | −0.140% | $192K | $312K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7800 | −0.079% | $1.4M | $2.7M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7777 | −0.128% | $119K | $6K | 10x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7810 | −0.058% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7789 | −0.103% | $149K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0222% | 1h | 4.7894 | +0.117% | $216.3M | $38.7M | 5x | as long as short |
| Aster LITUSDT | +0.0237% | 4h | 4.7850 | +0.026% | $12.8M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0240% | 1h | 4.7936 | +0.205% | $3.7M | $12.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7807 | −0.065% | $1.6M | $2.3M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0343% | 1h | 4.7783 | −0.115% | $9K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7833 | −0.010% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7866 | +0.058% | $32K | $645K | 33x | as long as short |
Bybit LITUSDT
Injective LIT/USDC PERP
Phoenix LIT
RISEx LIT/USDC
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Extended LIT-USD
Aevo LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Lighter RH LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT