LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.20 per $10,000 · paid last 24h +0.051%

Price spread now: Polymarket Perps against Coinbase International+0.025%7-day average +0.186% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$460.462% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.344%+$34 on $10k

Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.025%, 7d avg +0.186%

Together, before fees+0.457%+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.161% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.186%). If the spread goes back, that is −$16 on $10k: about 3.3 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LITE-PERP-INTX	938.39	−0.0112	get 0.0014% / 1h	13m 03s	$93K	$206K	10x
Short	Polymarket Perps LITE-USD	938.62	0.0050	get 0.0006% / 1h	13m 03s	$73K	$220K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now +0.025%Rate

Funding earned: $34.02
Price spread: +0.025% → +0.186%: −$16.14
Slippage, 4 orders: −$28.23
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$28.35
Costs to cover: 0.462%
Break-even: 12.8 days

Slippage from Coinbase International: live order book, 20 min ago; Polymarket Perps: live order book, 84 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 Coinbase International live order book, 20 min ago	10.56 bp	15.6 bp −$16	23.4 bp −$234	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 84 min ago	2.74 bp	7.8 bp −$8	9.4 bp −$94	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-INTXlong	−0.0112%	1h	938.39	long leg	$93K	$206K	10x
Bitget LITEUSDT	−0.0032%	8h	939.07	+0.072%	$2.6M	$3.2M	20x	as long as short
BloFin LITE-USDT	−0.0020%	8h	938.96	+0.061%	$214K	$248K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	939.83	+0.154%	$105K	$30K	20x	as long as short
Extended LITE-USD	0.0000%	1h	938.80	+0.044%	$45K	$249K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	939.05	+0.070%	$12.0M	$50.9M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	939.04	+0.069%	$1.8M	$2.1M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	939.41	+0.109%	$3.6M	$18.5M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	939.95	+0.166%	$7.9M	$6.6M	50x	as long as short
Variational Omni LITE	0.0000%	8h	940.26	+0.200%	$258K	$139K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LITE_USDT_Perp	0.0000%	8h	939.74	+0.144%	$526	$191K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	939.30	+0.097%	$852	$3.6M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	938.46	+0.007%	$18K	$41K	10x	as long as short
HTX LITE-USDT	0.0000%	8h	940.19	+0.192%	$7K	$30K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	939.23	+0.090%	$1.5M	$744K	10x	as long as short
QFEX LITE-USD	+0.0014%	1h	939.50	+0.118%	$1.1M	$3.9M	10x	as long as short
edgeX LITEUSDC	+0.0017%	4h	939.87	+0.158%	$58K	$486K	10x	as long as short
Lighter LITE	+0.0032%	1h	938.90	+0.054%	$26K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	939.17	+0.083%	—	$3K	10x	as long as short
tradeXYZ xyz:LITE	+0.0050%	1h	939.37	+0.104%	$7.6M	$5.7M	10x	as long as short
Polymarket Perps LITE-USDshort	+0.0050%	1h	938.62	+0.025%	$73K	$220K	10x
Ondo Perps LITE-USD.P	+0.0050%	1h	938.87	+0.051%	$33K	$358K	10x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	938.49	+0.011%	$912	$3K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	938.56	+0.018%	$514K	$109K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	939.04	+0.069%	$16K	$266K	50x	as long as short
Aevo LITE-PERP	+0.0104%	1h	938.59	+0.021%	—	—	10x	as long as short
SoDEX LITE-USD	+0.0186%	1h	938.80	+0.044%	$23K	$9K	10x	as long as short