Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.096%

Price spread now: Polymarket Perps against BloFin+0.064%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.538%−$54 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.064%, 7d avg +0.042%

Together, before fees−0.462%−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.042%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LIT-USDT	4.7094	0.0340	pay 0.0170% / 4h	3h 26m	$1.6M	$1.9M	75x
Short	Polymarket Perps LIT-USD	4.7124	0.0100	get 0.0013% / 1h	26m 52s	$440K	$85K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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 BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$50.4
Price spread: +0.064% → +0.042%: $2.2
Slippage, 4 orders: −$27.68
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$95.89
Costs to cover: 0.477%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 26 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 BloFin live order book, 6 min ago	1.49 bp	13.0 bp −$13	27.2 bp −$272	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 26 min ago	5.06 bp	9.9 bp −$10	24.0 bp −$240	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	−0.0518%	1h	4.7105	+0.023%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0377%	4h	4.7049	−0.096%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.404%	$613K	$352K	50x	as long as short
Bullet LIT-USD	−0.0273%	1h	4.7104	+0.021%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7098	+0.008%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0094%	4h	4.7080	−0.030%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0052%	4h	4.7088	−0.013%	$41.1M	$28.9M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0029%	4h	4.7064	−0.064%	$25.4M	$60.9M	50x	as long as short
ApeX Omni LITUSDT	−0.0022%	1h	4.7140	+0.098%	$56K	$76K	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7116	+0.047%	$203K	$299K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7152	+0.123%	$800K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7132	+0.080%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7162	+0.145%	$31K	$745K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7146	+0.111%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.7082	−0.025%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.009%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0046%	1h	4.7111	+0.035%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7175	+0.172%	$58.9M	$28.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0098%	8h	4.7085	−0.018%	$6K	$2K	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7176	+0.174%	$210.6M	$41.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7142	+0.102%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7074	−0.043%	$75.6M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7132	+0.081%	$115K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7081	−0.028%	$117K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7110	+0.034%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7078	−0.034%	$5.7M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7100	+0.013%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7127	+0.070%	$660K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7062	−0.069%	$288K	$303K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7070	−0.051%	$904K	$1.8M	10x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7124	+0.064%	$440K	$85K	10x
Derive LIT-PERP	+0.0100%	1h	4.7132	+0.081%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7096	+0.004%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7115	+0.045%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7167	+0.155%	$199K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7071	−0.049%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7091	−0.007%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0192%	1h	4.7188	+0.200%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0228%	1h	4.7125	+0.065%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0253%	4h	4.7172	+0.165%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.7094	long leg	$1.6M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7144	+0.105%	$65K	—	50x	as long as short