Funding you earn now, next payment 22:00 UTC+0.0397%/8h= +43.5% APRpaid last 24h +0.064%
Price spread now: Polymarket Perps against OKX−0.121%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+1.380%+$138 · spread now −0.121%, 7d avg +0.041%
=Funding pays, the price is against you. Polymarket Perps is 0.162% cheaper against OKX than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.041%). If the spread goes back, that is −$16 on $10k: about 33 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.020% in total) that is about 56 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% 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 | OKX LIT-USDT-SWAP | 4.7173 | −0.0374 | get 0.0187% / 4h | 2h 03m | $25.1M | $62.0M | 50x |
| Short | Polymarket Perps LIT-USD | 4.7116 | 0.0023 | get 0.0003% / 1h | 3m 51s | $445K | $105K | 10x |
OKX LIT-USDT-SWAP
Polymarket Perps LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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
- $83.4
- Price spread: −0.121% → +0.041%
- −$16.22
- Slippage, 4 orders
- −$22.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $26.27
- Costs to cover
- 0.409%
- Break-even
- 4.8 days
Slippage from OKX: live order book, 5 min ago; Polymarket Perps: live order book, 19 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 OKX live order book, 5 min ago | 0.11 bp | 8.3 bp −$8 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1231% | 1h | 4.7125 | −0.102% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0744% | 4h | 4.7220 | +0.100% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0622% | 4h | 4.7067 | −0.225% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0602% | 4h | 4.7110 | −0.134% | $1.3M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0600% | 1h | 4.7037 | −0.288% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAPlong | −0.0374% | 4h | 4.7173 | long leg | $25.1M | $62.0M | 50x | |
| Bullet LIT-USD | −0.0352% | 1h | 4.7111 | −0.131% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0308% | 4h | 4.7224 | +0.108% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDT | −0.0308% | 4h | 4.7190 | +0.036% | $42.7M | $30.8M | 75x | as long as short |
| Backpack LIT_USDC_PERP | −0.0295% | 1h | 4.7193 | +0.042% | $663K | $1.5M | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
KuCoin LITUSDTM
Bybit LITUSDT
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0260% | 4h | 4.7220 | +0.101% | $896K | $1.9M | 10x | as long as short |
| Aftermath Perps LITUSD | −0.0185% | 1h | 4.7251 | +0.166% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.162% | $660K | $404K | 50x | as long as short |
| SoDEX LIT-USD | −0.0061% | 1h | 4.7125 | −0.102% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7251 | +0.165% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0033% | 8h | 4.7069 | −0.221% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7127 | −0.097% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | +0.0001% | 1h | 4.7100 | −0.155% | $2.1M | $1.7M | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7172 | −0.003% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7146 | −0.056% | $746K | $2.1M | 5x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0023% | 1h | 4.7116 | −0.121% | $445K | $105K | 10x | |
| Binance LITUSDT | +0.0030% | 4h | 4.7162 | −0.023% | $74.7M | $81.7M | 75x | as long as short |
| MEXC LIT_USDT | +0.0032% | 4h | 4.7170 | −0.006% | $5.8M | $4.3M | 100x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.838% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0037% | 4h | 4.7229 | +0.118% | $287K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7091 | −0.174% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7201 | +0.059% | $59.3M | $30.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7226 | +0.112% | $210.4M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7234 | +0.130% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7140 | −0.070% | $581K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7109 | −0.136% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | +0.426% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7210 | +0.078% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7170 | −0.006% | $55K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7168 | −0.012% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7148 | −0.053% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7177 | +0.008% | $189K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7199 | +0.055% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7130 | −0.092% | $31K | $843K | 33x | as long as short |
| BloFin LIT-USDT | +0.0130% | 4h | 4.7101 | −0.153% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7160 | −0.028% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7233 | +0.127% | $3.7M | $14.3M | 5x | as long as short |
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
Nado LIT-PERP
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Binance LITUSDT
MEXC LIT_USDT
Injective LIT/USDC PERP
edgeX LITUSDC
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
HTX LIT-USDT
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT