Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:33 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.076%
Price spread now: Perpl against Polymarket Perps+0.035%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.035%, 7d avg +0.047%
Together, before fees+0.142%+ Points / potential airdropPerpl: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LIT-USD4.81110.0100pay 0.0013% / 1h18m 23s$448K$83K10x
ShortPerpl LIT4.81280.0447get 0.0040% / 43m16m 23s$29K$574K33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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

Funding earned
$72.77
Price spread: +0.035% → +0.047%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$49.78
Costs to cover
0.218%
Break-even
2.2 days
Slippage unknown: Polymarket Perps: live order book, 32 min ago; Perpl: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 32 min ago3.24 bp9.1 bp −$914.7 bp −$147doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 41 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_LIT_USDC−0.0369%4h4.8016−0.197%$33K$31310xas long as short
Coinbase International LIT-PERP-INTX−0.0360%1h4.7913−0.412%$607K$304K50xas long as short
01 Exchange LITUSD−0.0328%1h4.8102−0.019%$31K$3K5xas long as short
Bullet LIT-USD−0.0182%1h4.8096−0.031%$86K$46K20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0170%1h4.8080−0.065%$42K$29K10xas long as short
OKX LIT-USDT-SWAP−0.0108%4h4.8112+0.002%$26.1M$54.9M50xas long as short
ApeX Omni LITUSDT−0.0102%1h4.8010−0.210%$58K$78K50xas long as short
Backpack LIT_USDC_PERP−0.0038%1h4.8091−0.042%$686K$869K5xas long as short
GRVT LIT_USDT_Perp−0.0018%4h4.8069−0.086%$897K$1.9M10xas long as short
dYdX LIT-USD0.0000%1h4.8140+0.060%$35K5xas long as short
Show all 41 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT0.0000%1h4.8091−0.042%$206K$284K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8091−0.041%$36K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040−0.148%$422$178K5.5xas long as short
Bybit LITUSDT+0.0058%4h4.8110−0.002%$41.7M$25.0M75xas long as short
Gate LIT_USDT+0.0062%4h4.8120+0.019%$2.8M$3.8M50xas long as short
RISEx LIT/USDC+0.0072%1h4.8143+0.066%$820K$2.3M5xas long as short
Lighter LIT+0.0096%1h4.8165+0.112%$60.0M$23.9M5xas long as short
Extended LIT-USD+0.0096%1h4.8101−0.022%$5.0M$4.5M25xas long as short
Paradex LIT-USD-PERP+0.0099%8h4.8130+0.040%$7K$1K5xas long as short
Nado LIT-PERP+0.0100%1h4.8115+0.008%$2.1M$1.5M10xas long as short
Hyperliquid LIT+0.0100%1h4.8162+0.106%$217.7M$34.7M5xas long as short
Pacifica LIT+0.0100%1h4.81110.000%$642K$1.5M10xas long as short
Binance LITUSDT+0.0100%4h4.8100−0.023%$77.6M$67.1M75xas long as short
Arcus LIT-USD+0.0100%1h4.8137+0.054%$131K$368K5xas long as short
Bulk LIT-USD+0.0100%1h4.8031−0.166%$157K$37K10xas long as short
MEXC LIT_USDT+0.0100%4h4.8110−0.002%$6.2M$3.8M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.8130+0.039%$5.5M$724K30xas long as short
Bitget LITUSDT+0.0100%4h4.8130+0.039%$6.9M$2.2M20xas long as short
edgeX LITUSDC+0.0100%4h4.8047−0.132%$294K$303K10xas long as short
Polymarket Perps LIT-USDlong+0.0100%1h4.8111long leg$448K$83K10x
SunX LIT-USDT+0.0100%4h4.8038−0.152%$4K$1.0M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8075−0.075%$1K$294K5xas long as short
HTX LIT-USDT+0.0100%4h4.8094−0.035%$193K$270K30xas long as short
Phemex LITUSDT+0.0100%4h4.8070−0.085%$1.4M$2.7M20xas long as short
Aevo LIT-PERP+0.0104%1h4.8059−0.108%$150K3xas long as short
Aster LITUSDT+0.0314%4h4.8176+0.135%$12.9M$1.8M50xas long as short
BloFin LIT-USDT+0.0340%4h4.8046−0.135%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0392%1h4.8189+0.162%$3.8M$11.5M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.8106−0.010%$64K50xas long as short
Perpl LITshort+0.0447%43m4.8128+0.035%$29K$574K33x
Aftermath Perps LITUSD+0.0448%1h4.8083−0.059%$9K$186K10xas long as short