LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.026%

Price spread now: Polymarket Perps against Coinbase International−0.295%7-day average −0.148% · you buy dearer than you sell

Net, funding: paid 7d − costs+$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.715%+$72 on $10k

Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.295%, 7d avg −0.148%

Together, before fees+0.686%+$69 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.147% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of −0.148%). If the spread goes back, that is −$15 on $10k: about 2.7 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7477	−0.0080	get 0.0010% / 1h	19m 55s	$672K	$373K	50x
Short	Polymarket Perps LIT-USD	4.7337	0.0100	get 0.0013% / 1h	19m 55s	$447K	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now −0.295%Rate

Funding earned: $37.8
Price spread: −0.295% → −0.148%: −$14.69
Slippage, 4 orders: −$47.7
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$42.6
Costs to cover: 0.657%
Break-even: 14.9 days

Slippage from Coinbase International: live order book, 48 min ago; Polymarket Perps: live order book, 48 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 Coinbase International live order book, 48 min ago	9.24 bp	28.2 bp −$28	60.8 bp −$608	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 48 min ago	3.24 bp	7.6 bp −$8	26.4 bp −$264	doesn't fit	doesn't fit

LIT on 41 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	−0.0643%	1h	4.7303	−0.367%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0624%	1h	4.7262	−0.453%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0461%	4h	4.7271	−0.434%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0446%	1h	4.7319	−0.332%	$85K	$73K	20x	as long as short
ApeX Omni LITUSDT	−0.0192%	1h	4.7370	−0.225%	$57K	$77K	50x	as long as short
Phemex LITUSDT	−0.0183%	4h	4.7290	−0.394%	$1.4M	$2.7M	20x	as long as short
GRVT LIT_USDT_Perp	−0.0172%	4h	4.7370	−0.225%	$900K	$1.8M	10x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7351	−0.265%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0132%	4h	4.7381	−0.202%	$25.7M	$63.7M	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.7434	−0.091%	$205K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTXlong	−0.0080%	1h	4.7477	long leg	$672K	$373K	50x
Gate LIT_USDT	−0.0062%	4h	4.7340	−0.289%	$2.8M	$4.3M	50x	as long as short
Bulk LIT-USD	−0.0039%	1h	4.7299	−0.375%	$118K	$1K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7321	−0.330%	$34K	—	5x	as long as short
Bybit LITUSDT	+0.0003%	4h	4.7354	−0.259%	$42.3M	$29.1M	75x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7378	−0.209%	$474	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0030%	8h	4.7265	−0.447%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.186%	$422	$178K	5.5x	as long as short
SoDEX LIT-USD	+0.0078%	1h	4.7313	−0.345%	$1K	$443K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7342	−0.285%	$791K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7372	−0.221%	$59.3M	$29.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7315	−0.341%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7370	−0.225%	$212.0M	$42.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7324	−0.322%	$587K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7362	−0.242%	$75.5M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7313	−0.345%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7350	−0.267%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7380	−0.204%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7345	−0.278%	$686K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7360	−0.246%	$288K	$305K	10x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7337	−0.295%	$447K	$104K	10x
Derive LIT-PERP	+0.0100%	1h	4.7356	−0.254%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7367	−0.232%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7334	−0.301%	$189K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7349	−0.270%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7317	−0.338%	$148K	—	3x	as long as short
Aster LITUSDT	+0.0109%	4h	4.7364	−0.238%	$12.7M	$2.1M	50x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7391	−0.181%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0248%	1h	4.7360	−0.247%	$10K	$211K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0405% / S −0.0198%	1h	4.7353	−0.262%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7342	−0.285%	$31K	$856K	33x	as long as short