Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.026%

Price spread now: Polymarket Perps against edgeX+0.170%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.822%+$82 · spread now +0.170%, 7d avg +0.015%

Together, before fees+0.690%+ Points / potential airdropedgeX: Active · farm board+$69 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.155% dearer against edgeX than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of +0.015%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.132% in total) that is about 8.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.6895	0.0100	pay 0.0050% / 4h	24m 37s	$287K	$304K	10x
Short	Polymarket Perps LIT-USD	4.6975	0.0071	get 0.0009% / 1h	24m 37s	$439K	$109K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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 edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.170%Rate

Funding earned: −$6.1
Price spread: +0.170% → +0.015%: $15.49
Slippage, 4 orders: −$27.65
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$35.26
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from edgeX: live order book, 33 min ago; Polymarket Perps: live order book, 33 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 edgeX live order book, 33 min ago	5.68 bp	11.2 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 33 min ago	4.06 bp	14.2 bp −$14	31.3 bp −$313	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	−0.0424%	1h	4.6916	+0.044%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6934	+0.082%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0265%	1h	4.6982	+0.185%	$84K	$68K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0252%	1h	4.7004	+0.231%	$41K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.102%	$612K	$398K	50x	as long as short
Gate LIT_USDT	−0.0176%	4h	4.6930	+0.074%	$2.7M	$4.3M	50x	as long as short
Bybit LITUSDT	−0.0077%	4h	4.6925	+0.063%	$41.2M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0057%	4h	4.6990	+0.202%	$1.4M	$2.8M	20x	as long as short
Extended LIT-USD	−0.0056%	1h	4.6903	+0.016%	$5.1M	$5.0M	25x	as long as short
Phoenix LIT	−0.0034%	1h	4.6980	+0.180%	$202K	$305K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.6972	+0.162%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7015	+0.254%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0011%	4h	4.6948	+0.112%	$25.2M	$61.2M	50x	as long as short
KuCoin LITUSDTM	+0.0012%	4h	4.6946	+0.108%	$5.2M	$1.0M	30x	as long as short
Backpack LIT_USDC_PERP	+0.0021%	1h	4.7007	+0.238%	$657K	$1.4M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.441%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USDshort	+0.0071%	1h	4.6975	+0.170%	$439K	$109K	10x
Nado LIT-PERP	+0.0073%	1h	4.6920	+0.052%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0073%	8h	4.6887	−0.018%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6935	+0.083%	$796K	$2.1M	5x	as long as short
ApeX Omni LITUSDT	+0.0091%	1h	4.6890	−0.012%	$56K	$76K	50x	as long as short
Lighter LIT	+0.0096%	1h	4.6972	+0.163%	$58.5M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6991	+0.204%	$3.6M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6996	+0.215%	$210.2M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6942	+0.099%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6901	+0.012%	$75.0M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6951	+0.119%	$117K	$458K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6895	−0.001%	$117K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6909	+0.029%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6930	+0.074%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.6895	long leg	$287K	$304K	10x
GRVT LIT_USDT_Perp	+0.0100%	4h	4.6950	+0.116%	$903K	$1.8M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7022	+0.270%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7006	+0.236%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6999	+0.221%	$1K	$385K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7014	+0.253%	$199K	$368K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6984	+0.190%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0214%	4h	4.6963	+0.144%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0243%	1h	4.6907	+0.024%	$9K	$207K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.7007	+0.239%	$31K	$780K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6988	+0.197%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.7008	+0.240%	$65K	—	50x	as long as short