Funding arb · Price arb /

LIT

all LIT markets

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: Polymarket Perps against SoDEX+0.019%7-day average +0.014% · 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−$61as in the Price arb table

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

Long on SoDEX Short on Polymarket Perps

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)+0.165%+$17 · spread now +0.019%, 7d avg +0.014%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7690	0.0100	pay 0.0013% / 1h	47m 12s	$1K	$331K	5x
Short	Polymarket Perps LIT-USD	4.7699	0.0100	get 0.0013% / 1h	47m 12s	$448K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SoDEX. 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 SoDEXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → +0.014%: $0.45
Slippage, 4 orders: −$45.17
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$60.72
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from SoDEX: live order book, 61 min ago; Polymarket Perps: 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 SoDEX live order book, 61 min ago	0.53 bp	20.2 bp −$20	52.3 bp −$523	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 60 min ago	1.37 bp	15.5 bp −$16	15.7 bp −$157	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	−0.0460%	1h	4.7687	−0.007%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.149%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0383%	4h	4.7615	−0.157%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0224%	1h	4.7731	+0.086%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0199%	1h	4.7686	−0.009%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0174%	4h	4.7684	−0.013%	$25.6M	$61.4M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7650	−0.085%	$882K	$2.0M	10x	as long as short
Backpack LIT_USDC_PERP	−0.0063%	1h	4.7755	+0.136%	$673K	$1.1M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7781	+0.192%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7722	+0.068%	$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	+0.214%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.734%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0063%	1h	4.7740	+0.105%	$57K	$73K	50x	as long as short
KuCoin LITUSDTM	+0.0082%	4h	4.7738	+0.101%	$5.4M	$992K	30x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7704	+0.030%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7740	+0.105%	$59.4M	$27.2M	5x	as long as short
Phemex LITUSDT	+0.0099%	4h	4.7660	−0.063%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	+0.0099%	4h	4.7660	−0.063%	$41.3M	$28.6M	75x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7745	+0.115%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7767	+0.161%	$620K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7660	−0.062%	$76.4M	$76.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7696	+0.013%	$124K	$457K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7710	+0.042%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7720	+0.063%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7661	−0.061%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7710	+0.042%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7723	+0.069%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USDshort	+0.0100%	1h	4.7699	+0.019%	$448K	$83K	10x
Derive LIT-PERP	+0.0100%	1h	4.7707	+0.035%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7712	+0.046%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.7690	long leg	$1K	$331K	5x
HTX LIT-USDT	+0.0100%	4h	4.7801	+0.233%	$198K	$323K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7662	−0.059%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7671	−0.040%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7735	+0.095%	$32K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7729	+0.082%	$796K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0187%	1h	4.7811	+0.254%	$9K	$214K	10x	as long as short
Aster LITUSDT	+0.0223%	4h	4.7755	+0.137%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0296%	1h	4.7773	+0.174%	$215.5M	$40.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7647	−0.090%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0376%	1h	4.7756	+0.138%	$3.6M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7703	+0.028%	$64K	—	50x	as long as short