Funding you earn now, next payment 01:00 UTC−0.1578%/8h= −172.8% APRpaid last 24h +0.026%
Price spread now: Polymarket Perps against Bybit+0.267%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 7 days−0.080%−$8 · spread now +0.267%, 7d avg +0.003%
=The price spread pays, funding is against you. Polymarket Perps is 0.264% dearer against Bybit than usual: you sell high and buy low (spread +0.267% now, against its 7-day average of +0.003%): +$26 on $10k if it goes back. Holding the pair costs −$47 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +0.153%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LITEUSDT | 959.83 | 0 | get 0.0000% / 8h | 7h 59m | $1.9M | $1.8M | 25x |
| Short | Polymarket Perps LITE-USD | 962.39 | −0.1578 | pay 0.0197% / 1h | 59m 35s | $76K | $428K | 10x |
Bybit LITEUSDT
Polymarket Perps LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- −$331.38
- Price spread: +0.267% → +0.003%
- $26.37
- Slippage, 4 orders
- −$26.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$350.1
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Polymarket Perps: live order book, 13 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 Bybit live order book, 7 min ago | 3.17 bp | 14.6 bp −$15 | 88.7 bp −$887 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 13 min ago | 2.08 bp | 6.1 bp −$6 | 7.8 bp −$78 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps LITE-USDshort | −0.1578% | 1h | 962.39 | +0.267% | $76K | $428K | 10x | |
| tradeXYZ xyz:LITE | −0.1055% | 1h | 962.68 | +0.297% | $7.2M | $5.1M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0269% | 1h | 962.29 | +0.256% | $19K | $37K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0064% | 1h | 960.78 | +0.099% | $111K | $224K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.24 | +0.147% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDTlong | 0.0000% | 8h | 959.83 | long leg | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.00 | +0.018% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.85 | +0.002% | $8.0M | $5.8M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.99 | +0.017% | $2.8M | $2.9M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 962.20 | +0.247% | $770 | $4.2M | 10x | as long as short |
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 962.05 | +0.231% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 962.51 | +0.279% | $1.5M | $682K | 10x | as long as short |
| BloFin LITE-USDT | +0.0027% | 8h | 962.18 | +0.245% | $223K | $236K | 20x | as long as short |
| QFEX LITE-USD | +0.0033% | 1h | 958.84 | −0.103% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 962.50 | +0.278% | — | $3K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.73 | +0.094% | $174K | $162K | 10x | as long as short |
| Lighter LITE | +0.0056% | 1h | 958.53 | −0.135% | $27K | $101K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 961.94 | +0.220% | $518K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 962.27 | +0.254% | $935 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 962.70 | +0.299% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0140% | 1h | 962.46 | +0.274% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0309% | 8h | 962.19 | +0.246% | $242K | $142K | — | as long as short |
| ApeX Omni LITEUSDT | +0.0376% | 1h | 961.77 | +0.202% | $16K | $265K | 50x | as long as short |
| Extended LITE-USD | +0.0424% | 1h | 959.92 | +0.010% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0427% | 8h | 959.99 | +0.016% | $13.8M | $45.2M | 25x | as long as short |
| edgeX LITEUSDC | +0.0483% | 4h | 962.14 | +0.241% | $71K | $461K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0488% | 8h | 962.40 | +0.268% | $606 | $224K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
Vest LITE-USD-PERP
Ondo Perps LITE-USD.P
Lighter LITE
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
ApeX Omni LITEUSDT
Extended LITE-USD
Binance LITEUSDT
edgeX LITEUSDC
GRVT LITE_USDT_Perp