Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: SoDEX against Polymarket Perps+0.075%49s7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$610.612% of the position

Long on Polymarket Perps Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.075%, 7d avg −0.012%

Together, before fees−0.188%−$19 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: SoDEX is 0.088% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.012%. 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	4.7732	0.0100	pay 0.0013% / 1h	48m 33s	$448K	$83K	10x
Short	SoDEX LIT-USD	4.7768	0.0100	get 0.0013% / 1h	48m 33s	$1K	$333K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.075%Rate

Funding earned: $0
Price spread: +0.075% → −0.012%: $8.76
Slippage, 4 orders: −$45.17
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$52.41
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 59 min ago; SoDEX: live order book, 60 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, 59 min ago	1.37 bp	5.4 bp −$5	11.1 bp −$111	doesn't fit	doesn't fit
Sell SoDEX live order book, 60 min ago	0.53 bp	20.1 bp −$20	49.9 bp −$499	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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.8177	+0.933%	$610K	$355K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7703	−0.061%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0282%	1h	4.7764	+0.066%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0224%	1h	4.7715	−0.036%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0183%	1h	4.7744	+0.025%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0173%	4h	4.7744	+0.025%	$25.6M	$61.5M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7650	−0.173%	$882K	$2.0M	10x	as long as short
Backpack LIT_USDC_PERP	−0.0070%	1h	4.7808	+0.159%	$674K	$1.1M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7822	+0.188%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7802	+0.146%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7792	+0.126%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.645%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0082%	4h	4.7759	+0.057%	$5.4M	$992K	30x	as long as short
ApeX Omni LITUSDT	+0.0086%	1h	4.7760	+0.059%	$57K	$75K	50x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7755	+0.048%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7834	+0.214%	$59.5M	$27.2M	5x	as long as short
Phemex LITUSDT	+0.0098%	4h	4.7750	+0.038%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7645	−0.182%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7794	+0.130%	$620K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7724	−0.016%	$76.5M	$77.1M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7723	−0.019%	$41.3M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7771	+0.082%	$124K	$457K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7710	−0.046%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7790	+0.122%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7723	−0.019%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7790	+0.122%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7755	+0.049%	$292K	$303K	10x	as long as short
Polymarket Perps LIT-USDlong	+0.0100%	1h	4.7732	long leg	$448K	$83K	10x
Derive LIT-PERP	+0.0100%	1h	4.7791	+0.124%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7758	+0.054%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7768	+0.075%	$1K	$333K	5x
HTX LIT-USDT	+0.0100%	4h	4.7752	+0.042%	$198K	$324K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7748	+0.033%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7748	+0.033%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7762	+0.063%	$32K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7782	+0.104%	$797K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7826	+0.197%	$9K	$216K	10x	as long as short
Aster LITUSDT	+0.0224%	4h	4.7823	+0.190%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0301%	1h	4.7830	+0.205%	$215.8M	$40.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7737	+0.010%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7791	+0.123%	$64K	—	50x	as long as short
Lighter RH LIT	+0.0488%	1h	4.7848	+0.243%	$3.6M	$13.1M	5x	as long as short