Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.025%

Price spread now: Bitget against Polymarket Perps+0.101%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$680.677% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.190%+$19 on $10k

Price spread, last 3 days (all we have)−0.943%−$94 · spread now +0.101%, 7d avg +0.011%

Together, before fees−0.753%−$75 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.090% dearer against Polymarket Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.7752	0.0069	pay 0.0009% / 1h	51m 53s	$451K	$105K	10x
Short	Bitget LITUSDT	4.7800	0.0100	get 0.0050% / 4h	51m 53s	$6.8M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Polymarket Perps. 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 Polymarket PerpsbpFee BitgetbpOrdersPrice spread, now +0.101%Rate

Funding earned: $6.47
Price spread: +0.101% → +0.011%: $8.98
Slippage, 4 orders: −$47.69
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$52.24
Costs to cover: 0.677%
Break-even: 63.5 days

Slippage from Polymarket Perps: live order book, 26 min ago; Bitget: live order book, 1 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 Polymarket Perps live order book, 26 min ago	3.20 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.05 bp	15.7 bp −$16	110.7 bp −$1,107	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	−0.0992%	4h	4.7810	+0.121%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0688%	1h	4.7719	−0.069%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0618%	4h	4.7675	−0.161%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0480%	1h	4.7687	−0.136%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0477%	4h	4.7720	−0.067%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0449%	4h	4.7740	−0.025%	$25.9M	$64.2M	50x	as long as short
Bullet LIT-USD	−0.0304%	1h	4.7704	−0.100%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7804	+0.109%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0182%	4h	4.7780	+0.059%	$43.1M	$30.1M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7920	+0.351%	$678K	$405K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0118%	4h	4.7864	+0.235%	$918K	$1.8M	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7854	+0.214%	$208K	$353K	5x	as long as short
Aftermath Perps LITUSD	−0.0025%	1h	4.7809	+0.119%	$13K	$203K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7801	+0.103%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7758	+0.012%	$32K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7763	+0.024%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0009%	8h	4.7720	−0.066%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7790	+0.080%	$822K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.603%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0063%	4h	4.7869	+0.245%	$291K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0066%	4h	4.7752	0.000%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0067%	4h	4.7763	+0.023%	$76.1M	$81.2M	75x	as long as short
Polymarket Perps LIT-USDlong	+0.0069%	1h	4.7752	long leg	$451K	$105K	10x
Aevo LIT-PERP	+0.0072%	1h	4.7710	−0.088%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7806	+0.113%	$60.2M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7765	+0.027%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7822	+0.147%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7790	+0.080%	$619K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7777	+0.052%	$121K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7566	−0.390%	$119K	$6K	10x	as long as short
Bitget LITUSDTshort	+0.0100%	4h	4.7800	+0.101%	$6.8M	$2.7M	20x
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7793	+0.086%	$678K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7830	+0.163%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7751	−0.003%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7755	+0.006%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7725	−0.057%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7848	+0.201%	$191K	$329K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7814	+0.130%	$3.7M	$13.8M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7762	+0.021%	$5.3M	$5.1M	25x	as long as short
Hyperliquid LIT	+0.0231%	1h	4.7835	+0.174%	$214.4M	$44.7M	5x	as long as short
BloFin LIT-USDT	+0.0267%	4h	4.7819	+0.140%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0378% / S −0.0169%	1h	4.7752	+0.001%	$63K	—	50x	as long as short