Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%

Price spread now: HTX against Polymarket Perps+0.462%46s7-day average +0.144% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$850.848% of the position

Long on Polymarket Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 3 days (all we have)−0.443%−$44 · spread now +0.462%, 7d avg +0.144%

Together, before fees−0.191%−$19 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: HTX is 0.318% dearer against Polymarket Perps than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.144%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.7616	0.0100	pay 0.0013% / 1h	43m 23s	$450K	$105K	10x
Short	HTX LIT-USDT	4.7836	0.0100	get 0.0050% / 4h	43m 23s	$191K	$329K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 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 Polymarket PerpsbpFee HTXbpOrdersPrice spread, now +0.462%Rate

Funding earned: $0
Price spread: +0.462% → +0.144%: $31.79
Slippage, 4 orders: −$64.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$53.06
Costs to cover: 0.848%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 34 min ago; HTX: live order book, 34 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, 34 min ago	3.20 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 34 min ago	18.91 bp	28.3 bp −$28	152.7 bp −$1,527	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
Gate LIT_USDT	−0.0914%	4h	4.7660	+0.092%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0860%	1h	4.7588	−0.058%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0609%	4h	4.7543	−0.153%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0528%	1h	4.7533	−0.174%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0457%	4h	4.7740	+0.260%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0445%	4h	4.7593	−0.048%	$25.8M	$64.0M	50x	as long as short
Bullet LIT-USD	−0.0288%	1h	4.7584	−0.067%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7649	+0.069%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0139%	4h	4.7610	−0.013%	$42.9M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7920	+0.638%	$678K	$405K	50x	as long as short

Show 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	+0.427%	$909K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7853	+0.498%	$208K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7694	+0.163%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7637	+0.043%	$32K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7643	+0.056%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0011%	8h	4.7592	−0.051%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7640	+0.049%	$820K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.890%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0071%	1h	4.7788	+0.361%	$13K	$203K	10x	as long as short
edgeX LITUSDC	+0.0072%	4h	4.7820	+0.427%	$291K	$312K	10x	as long as short
MEXC LIT_USDT	+0.0074%	4h	4.7593	−0.048%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0076%	4h	4.7572	−0.092%	$75.8M	$81.5M	75x	as long as short
Aevo LIT-PERP	+0.0080%	1h	4.7579	−0.077%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7720	+0.218%	$60.0M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7620	+0.009%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7670	+0.113%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7672	+0.118%	$603K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7638	+0.046%	$121K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7741	+0.263%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7610	−0.013%	$6.8M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7775	+0.334%	$678K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7820	+0.428%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.7616	long leg	$450K	$105K	10x
Derive LIT-PERP	+0.0100%	1h	4.7624	+0.016%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7607	−0.019%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7587	−0.061%	$1K	$466K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7836	+0.462%	$191K	$329K	30x
Extended LIT-USD	+0.0104%	1h	4.7577	−0.082%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0160%	1h	4.7731	+0.242%	$3.7M	$13.8M	5x	as long as short
Hyperliquid LIT	+0.0222%	1h	4.7699	+0.174%	$213.9M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0301%	4h	4.7791	+0.368%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7619	+0.006%	$63K	—	50x	as long as short