Funding you earn now, next payment 06:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.023%
Price spread now: Polymarket Perps against Bulk+0.498%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$17as in the Price arb table
costs, in and out, $10k−$330.335% of the position
Funding, last 4 days (all we have)−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.498%, 7d avg −0.009%
=The price spread pays, funding is against you. Polymarket Perps is 0.507% dearer against Bulk than usual: you sell high and buy low (spread +0.498% now, against its 7-day average of −0.009%): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 50 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk LIT-USD | 4.7207 | 0.0100 | pay 0.0013% / 1h | 55m 01s | $118K | $8K | 10x |
| Short | Polymarket Perps LIT-USD | 4.7442 | 0.0066 | get 0.0008% / 1h | 55m 01s | $446K | $86K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bulk. 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
- −$7.16
- Price spread: +0.498% → −0.009%
- $50.72
- Slippage, 4 orders
- −$18.46
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $10.1
- Costs to cover
- 0.335%
- Break-even
- from the start
Slippage from Bulk: live order book, 59 min ago; Polymarket Perps: live order book, 57 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 Bulk live order book, 59 min ago | 0.11 bp | 8.6 bp −$9 | 15.8 bp −$158 | 41.2 bp −$4,119 | doesn't fit |
| Sell Polymarket Perps live order book, 57 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0464% | 1h | 4.7381 | +0.369% | $31K | $5K | 5x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.6877 | −0.700% | $607K | $354K | 50x | as long as short |
| Phemex LITUSDT | −0.0396% | 4h | 4.7410 | +0.430% | $1.4M | $2.8M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.0393% | 4h | 4.7395 | +0.398% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0255% | 1h | 4.7428 | +0.468% | $85K | $67K | 20x | as long as short |
| Bybit LITUSDT | −0.0219% | 4h | 4.7448 | +0.511% | $41.4M | $28.6M | 75x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0197% | 1h | 4.7444 | +0.502% | $42K | $40K | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0123% | 4h | 4.7456 | +0.527% | $25.5M | $60.6M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0022% | 4h | 4.7448 | +0.511% | $5.3M | $1.0M | 30x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7422 | +0.455% | $204K | $283K | 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 | −0.0012% | 1h | 4.7449 | +0.513% | $811K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7451 | +0.516% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7470 | +0.558% | $31K | $703K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7466 | +0.549% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.765% | $422 | $178K | 5.5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0040% | 4h | 4.7450 | +0.515% | $914K | $1.8M | 10x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0066% | 1h | 4.7442 | +0.498% | $446K | $86K | 10x | |
| Paradex LIT-USD-PERP | +0.0090% | 8h | 4.7390 | +0.389% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7496 | +0.612% | $59.2M | $27.4M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7518 | +0.659% | $3.8M | $12.8M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7418 | +0.448% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7519 | +0.661% | $212.2M | $40.7M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7448 | +0.511% | $578K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7441 | +0.496% | $76.2M | $77.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7432 | +0.477% | $116K | $451K | 5x | as long as short |
| Bulk LIT-USDlong | +0.0100% | 1h | 4.7207 | long leg | $118K | $8K | 10x | |
| Gate LIT_USDT | +0.0100% | 4h | 4.7440 | +0.494% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7430 | +0.472% | $5.9M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7460 | +0.536% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7470 | +0.557% | $665K | $1.2M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7414 | +0.439% | $290K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7440 | +0.494% | $57K | $74K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7468 | +0.553% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7422 | +0.455% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7440 | +0.494% | $1K | $349K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7490 | +0.599% | $201K | $348K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7417 | +0.445% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7410 | +0.430% | $148K | — | 3x | as long as short |
| Aster LITUSDT | +0.0233% | 4h | 4.7508 | +0.638% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7410 | +0.430% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0439% / S −0.0231% | 1h | 4.7465 | +0.547% | $66K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0501% | 1h | 4.7419 | +0.448% | $9K | $203K | 10x | as long as short |
Bulk LIT-USD
Polymarket Perps LIT-USD
01 Exchange LITUSD
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
Bullet LIT-USD
Bybit LITUSDT
Deribit LIT_USDC-PERPETUAL
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
Phoenix LIT
RISEx LIT/USDC
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
GRVT LIT_USDT_Perp
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD