LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: ApeX Omni against Polymarket Perps−0.023%63s7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

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

costs, in and out, $10k−$590.595% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.023%, 7d avg +0.025%

Together, before fees−0.186%−$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.048% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.025%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.027% in total) that is about 12 days. The two prices were read 63 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 LITE-USD	960.60	0.0050	pay 0.0006% / 1h	22m 12s	$75K	$228K	10x
Short	ApeX Omni LITEUSDT	960.38	0.0100	get 0.0013% / 1h	22m 12s	$16K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.023%Rate

Funding earned: $10.5
Price spread: −0.023% → +0.025%: −$4.81
Slippage, 4 orders: −$41.46
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$53.78
Costs to cover: 0.595%
Break-even: 42.9 days

Slippage from Polymarket Perps: live order book, 45 min ago; ApeX Omni: live order book, 45 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, 45 min ago	3.21 bp	7.2 bp −$7	7.3 bp −$73	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 45 min ago	10.04 bp	22.8 bp −$23	197.4 bp −$1,974	doesn't fit	doesn't fit

LITE on 26 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	−0.0232%	1h	965.50	+0.510%	$111K	$195K	10x	as long as short
Aster LITEUSDT	0.0000%	8h	961.40	+0.083%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	960.60	0.000%	$1.9M	$1.6M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	960.73	+0.014%	$3.8M	$17.7M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	961.15	+0.057%	$8.0M	$6.0M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	960.37	−0.024%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	960.58	−0.002%	$893	$192K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	960.60	0.000%	$728	$3.9M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	960.37	−0.024%	$7K	$32K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	960.94	+0.035%	$1.5M	$682K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LITE-USD	+0.0028%	1h	960.31	−0.030%	$1.1M	$5.0M	10x	as long as short
Lighter LITE	+0.0032%	1h	960.43	−0.018%	$27K	$101K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	959.75	−0.088%	—	$3K	10x	as long as short
Polymarket Perps LITE-USDlong	+0.0050%	1h	960.60	long leg	$75K	$228K	10x
Ondo Perps LITE-USD.P	+0.0050%	1h	959.35	−0.130%	$168K	$163K	10x	as long as short
SoDEX LITE-USD	+0.0084%	1h	960.45	−0.016%	$23K	$10K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	960.26	−0.035%	$519K	$39K	20x	as long as short
ApeX Omni LITEUSDTshort	+0.0100%	1h	960.38	−0.023%	$16K	$265K	50x
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	960.57	−0.003%	$934	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	960.67	+0.007%	—	—	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0156%	1h	960.48	−0.012%	$19K	$37K	10x	as long as short
tradeXYZ xyz:LITE	+0.0174%	1h	960.78	+0.019%	$7.2M	$5.2M	10x	as long as short
Variational Omni LITE	+0.0175%	8h	961.32	+0.075%	$266K	$147K	—	as long as short
Binance LITEUSDT	+0.0286%	8h	960.48	−0.013%	$13.7M	$44.0M	25x	as long as short
Extended LITE-USD	+0.0288%	1h	960.33	−0.028%	$10K	$201K	10x	as long as short
edgeX LITEUSDC	+0.0637%	4h	960.58	−0.002%	$70K	$454K	10x	as long as short