Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%

Price spread now: MEXC against Polymarket Perps+0.071%49s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.299% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.131%+$13 on $10k

Price spread, last 4 days (all we have)−0.901%−$90 · spread now +0.071%, 7d avg −0.046%

Together, before fees−0.769%−$77 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.117% dearer against Polymarket Perps than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LIT-USD	4.7678	0.0100	pay 0.0013% / 1h	29m 47s	$448K	$84K	10x
Short	MEXC LIT_USDT	4.7712	0.0100	get 0.0050% / 4h	2h 29m	$5.8M	$3.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → −0.046%: $11.73
Slippage, 4 orders: −$17.89
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$18.16
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 18 min ago; MEXC: live order book, 3 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, 18 min ago	1.37 bp	5.4 bp −$5	11.1 bp −$111	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.10 bp	5.2 bp −$5	35.5 bp −$355	180.4 bp −$18.0K	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−0.792%	$612K	$347K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0364%	4h	4.7730	+0.109%	$33K	$1K	10x	as long as short
Phemex LITUSDT	−0.0296%	4h	4.7740	+0.130%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0248%	1h	4.7700	+0.046%	$31K	$4K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0198%	4h	4.7406	−0.571%	$880K	$1.9M	10x	as long as short
Bullet LIT-USD	−0.0157%	1h	4.7724	+0.098%	$86K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0136%	4h	4.7720	+0.088%	$25.7M	$61.1M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0060%	1h	4.7780	+0.214%	$42K	$40K	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.7563	−0.241%	$205K	$283K	5x	as long as short
Bybit LITUSDT	−0.0016%	4h	4.7735	+0.120%	$41.5M	$28.7M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7709	+0.064%	$823K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7712	+0.071%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7729	+0.108%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0018%	4h	4.7720	+0.088%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.759%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7665	−0.028%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7773	+0.199%	$59.6M	$27.9M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7678	+0.001%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7745	+0.140%	$577K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7710	+0.066%	$76.6M	$76.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7697	+0.040%	$118K	$462K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7462	−0.453%	$118K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7730	+0.109%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.7712	+0.071%	$5.8M	$3.8M	100x
Bitget LITUSDT	+0.0100%	4h	4.7770	+0.193%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7837	+0.333%	$670K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7385	−0.615%	$290K	$305K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7420	−0.541%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.7678	long leg	$448K	$84K	10x
Derive LIT-PERP	+0.0100%	1h	4.7764	+0.180%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7626	−0.109%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7771	+0.195%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7579	−0.208%	$201K	$345K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7736	+0.122%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7704	+0.054%	$149K	—	3x	as long as short
Hyperliquid LIT	+0.0114%	1h	4.7802	+0.260%	$214.1M	$40.7M	5x	as long as short
Lighter RH LIT	+0.0208%	1h	4.7795	+0.245%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0224%	4h	4.7766	+0.185%	$12.8M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7478	−0.419%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0441% / S −0.0231%	1h	4.7735	+0.120%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7706	+0.059%	$32K	$685K	33x	as long as short
Aftermath Perps LITUSD	+0.0462%	1h	4.7555	−0.259%	$8K	$204K	10x	as long as short