Funding you earn now, next payment 23:00 UTC+0.0407%/8h= +44.6% APRpaid last 24h +0.039%
Price spread now: Polymarket Perps against Bybit+0.073%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)+0.861%+$86 · spread now +0.073%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Polymarket Perps is 0.033% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LITUSDT | 4.6836 | −0.0307 | get 0.0153% / 4h | 1h 20m | $42.3M | $30.1M | 75x |
| Short | Polymarket Perps LIT-USD | 4.6870 | 0.0100 | get 0.0013% / 1h | 20m 29s | $443K | $105K | 10x |
Bybit LITUSDT
Polymarket Perps LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- $85.45
- Price spread: +0.073% → +0.039%
- $3.34
- Slippage, 4 orders
- −$37.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $32.12
- Costs to cover
- 0.567%
- Break-even
- 4.4 days
Slippage from Bybit: live order book, 3 min ago; Polymarket Perps: live order book, 62 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 Bybit live order book, 3 min ago | 1.06 bp | 21.1 bp −$21 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 62 min ago | 2.31 bp | 12.5 bp −$12 | 35.7 bp −$357 | 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 | −0.1304% | 4h | 4.6920 | +0.179% | $2.8M | $4.5M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0836% | 1h | 4.6922 | +0.184% | $659K | $1.4M | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0830% | 1h | 4.6880 | +0.095% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0625% | 4h | 4.6780 | −0.120% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0576% | 1h | 4.6813 | −0.049% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0519% | 4h | 4.6900 | +0.137% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0469% | 4h | 4.6801 | −0.075% | $25.2M | $62.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0330% | 1h | 4.6844 | +0.018% | $84K | $81K | 20x | as long as short |
| Bybit LITUSDTlong | −0.0307% | 4h | 4.6836 | long leg | $42.3M | $30.1M | 75x | |
| KuCoin LITUSDTM | −0.0284% | 4h | 4.6929 | +0.199% | $5.2M | $1.1M | 30x | as long as short |
Gate LIT_USDT
Backpack LIT_USDC_PERP
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0217% | 1h | 4.6981 | +0.309% | $10K | $202K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0162% | 4h | 4.7040 | +0.436% | $899K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7197 | +0.771% | $668K | $398K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.6915 | +0.168% | $783K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0041% | 1h | 4.6866 | +0.063% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7054 | +0.465% | $243K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0005% | 8h | 4.6835 | −0.002% | $7K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6923 | +0.187% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.6915 | +0.169% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.571% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0055% | 4h | 4.6831 | −0.010% | $74.4M | $80.8M | 75x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7028 | +0.409% | $286K | $310K | 10x | as long as short |
| MEXC LIT_USDT | +0.0056% | 4h | 4.6843 | +0.015% | $5.5M | $4.2M | 100x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.6860 | +0.052% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6953 | +0.250% | $59.1M | $29.8M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6959 | +0.263% | $209.7M | $44.2M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.6913 | +0.164% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6920 | +0.179% | $577K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6884 | +0.102% | $117K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6888 | +0.111% | $117K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6910 | +0.158% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7050 | +0.457% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0100% | 1h | 4.6870 | +0.073% | $443K | $105K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.6937 | +0.216% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6896 | +0.128% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6885 | +0.105% | $987 | $464K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6976 | +0.299% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6853 | +0.037% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0224% | 1h | 4.6969 | +0.284% | $3.7M | $13.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0228% | 4h | 4.6867 | +0.066% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6906 | +0.150% | $31K | $839K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0374% / S −0.0169% | 1h | 4.6902 | +0.142% | $62K | — | 50x | as long as short |
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Binance LITUSDT
edgeX LITUSDC
MEXC LIT_USDT
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]