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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.026%
Price spread now: Polymarket Perps against Arcus−0.173%50s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.104%−$10 on $10k
Price spread, last 4 days (all we have)+1.303%+$130 · spread now −0.173%, 7d avg −0.007%
Together, before fees+1.199%+$120 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Polymarket Perps is 0.166% cheaper against Arcus than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.007%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus LIT-USD4.67120.0100pay 0.0013% / 1h41m 48s$121K$455K5x
ShortPolymarket Perps LIT-USD4.66310.0067get 0.0008% / 1h41m 48s$436K$109K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Arcus. 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
−$6.94
Price spread: −0.173% → −0.007%
−$16.61
Slippage, 4 orders
−$27.26
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$63.31
Costs to cover
0.398%
Break-even
never at this rate
Slippage from Arcus: live order book, 17 min ago; Polymarket Perps: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 17 min ago4.91 bp9.8 bp −$1014.4 bp −$144doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 16 min ago4.06 bp14.2 bp −$1431.3 bp −$313doesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange LITUSD−0.0512%1h4.6558−0.330%$32K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0434%1h4.6627−0.183%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0392%4h4.6583−0.276%$32K$1K10xas long as short
Backpack LIT_USDC_PERP−0.0252%1h4.6653−0.126%$659K$1.4M5xas long as short
Bullet LIT-USD−0.0247%1h4.6618−0.202%$83K$68K20xas long as short
Gate LIT_USDT−0.0232%4h4.6660−0.111%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848+0.290%$612K$404K50xas long as short
Phemex LITUSDT−0.0135%4h4.6630−0.176%$1.3M$2.8M20xas long as short
Extended LIT-USD−0.0056%1h4.6603−0.234%$5.1M$5.0M25xas long as short
Nado LIT-PERP−0.0054%1h4.6616−0.204%$2.1M$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.6711−0.002%$201K$305K5xas long as short
Bybit LITUSDT−0.0029%4h4.6613−0.212%$41.1M$28.7M75xas long as short
KuCoin LITUSDTM−0.0020%4h4.6666−0.098%$5.2M$1.0M30xas long as short
OKX LIT-USDT-SWAP−0.0003%4h4.6644−0.146%$25.1M$61.2M50xas long as short
dYdX LIT-USD0.0000%1h4.6661−0.109%$33K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6658−0.116%$11K150xas long as short
ApeX Omni LITUSDT+0.0026%1h4.6660−0.111%$56K$76K50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.843%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0065%8h4.6599−0.242%$6K$2K5xas long as short
Polymarket Perps LIT-USDshort+0.0067%1h4.6631−0.173%$436K$109K10x
GRVT LIT_USDT_Perp+0.0072%4h4.6672−0.086%$904K$1.8M10xas long as short
RISEx LIT/USDC+0.0073%1h4.6646−0.140%$778K$2.1M5xas long as short
Lighter LIT+0.0096%1h4.6674−0.081%$58.1M$28.5M5xas long as short
Lighter RH LIT+0.0096%1h4.6688−0.051%$3.6M$13.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.6702−0.021%$209.0M$42.0M5xas long as short
Pacifica LIT+0.0100%1h4.6636−0.163%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6610−0.218%$74.5M$79.4M75xas long as short
Arcus LIT-USDlong+0.0100%1h4.6712long leg$121K$455K5x
MEXC LIT_USDT+0.0100%4h4.6604−0.231%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6630−0.176%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6650−0.132%$284K$305K10xas long as short
Derive LIT-PERP+0.0100%1h4.6655−0.121%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6647−0.139%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6640−0.154%$1K$390K5xas long as short
HTX LIT-USDT+0.0100%4h4.6716+0.009%$197K$388K30xas long as short
Bulk LIT-USD+0.0100%1h4.6625−0.186%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6617−0.204%$146K3xas long as short
Aster LITUSDT+0.0182%4h4.6694−0.040%$12.5M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0213%1h4.6718+0.012%$8K$206K10xas long as short
Perpl LIT+0.0335%43m4.6667−0.095%$31K$791K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6592−0.257%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0217%1h4.6650−0.133%$62K50xas long as short