Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni+0.062%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.062%, 7d avg −0.025%
=The price spread pays, funding is against you. Polymarket Perps is 0.087% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.025%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.029% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LITEUSDT | 958.36 | 0.0100 | pay 0.0013% / 1h | 33m 26s | $16K | $266K | 50x |
| Short | Polymarket Perps LITE-USD | 958.95 | 0.0050 | get 0.0006% / 1h | 33m 26s | $74K | $228K | 10x |
ApeX Omni LITEUSDT
Polymarket Perps LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against ApeX Omni. 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
- −$10.5
- Price spread: +0.062% → −0.025%
- $8.69
- Slippage, 4 orders
- −$38.12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$57.93
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 29 min ago; Polymarket Perps: live order book, 29 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 ApeX Omni live order book, 29 min ago | 9.88 bp | 21.2 bp −$21 | 173.4 bp −$1,734 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 29 min ago | 2.82 bp | 6.8 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
LITE on 27 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 LITE-PERP-INTX | −0.0144% | 1h | 957.56 | −0.083% | $106K | $198K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.76 | +0.146% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.92 | +0.058% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.61 | +0.026% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.27 | +0.095% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.67 | +0.032% | $2.6M | $3.0M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 958.60 | +0.025% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.70 | +0.035% | $623 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.45 | +0.009% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.73 | +0.039% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 959.29 | +0.097% | $1.5M | $688K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 958.75 | +0.041% | $1.1M | $4.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0018% | 8h | 958.74 | +0.040% | $225K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.75 | +0.041% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.59 | +0.024% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 958.95 | +0.062% | $74K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 958.55 | +0.020% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 958.00 | −0.038% | $71K | $267K | 10x | as long as short |
| Variational Omni LITE | +0.0070% | 8h | 958.21 | −0.015% | $266K | $147K | — | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.91 | +0.057% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDTlong | +0.0100% | 1h | 958.36 | long leg | $16K | $266K | 50x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.94 | +0.061% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.67 | +0.033% | — | — | 10x | as long as short |
| Binance LITEUSDT | +0.0157% | 8h | 958.93 | +0.059% | $12.7M | $46.7M | 25x | as long as short |
| Extended LITE-USD | +0.0160% | 1h | 958.69 | +0.035% | $13K | $203K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0219% | 1h | 958.95 | +0.062% | $7.1M | $5.4M | 10x | as long as short |
| edgeX LITEUSDC | +0.0558% | 4h | 958.06 | −0.031% | $69K | $455K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Variational Omni LITE
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Binance LITEUSDT
Extended LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC