Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.022%
Price spread now: Binance against Polymarket Perps−0.050%46s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$330.335% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.050%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.092% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 46 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 | 942.86 | 0.0050 | pay 0.0006% / 1h | 35m 36s | $73K | $228K | 10x |
| Short | Binance LITEUSDT | 942.39 | 0 | get 0.0000% / 8h | 1h 35m | $12.0M | $49.2M | 25x |
Polymarket Perps LITE-USD
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 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: −0.050% → +0.042%
- −$9.19
- Slippage, 4 orders
- −$15.48
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.17
- Costs to cover
- 0.335%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; Binance: live order book, 7 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, 6 min ago | 2.28 bp | 6.3 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.58 bp | 9.2 bp −$9 | 26.2 bp −$262 | 99.7 bp −$9,967 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0671% | 8h | 942.40 | −0.049% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.402% | $92K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0018% | 8h | 942.77 | −0.010% | $216K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.44 | −0.045% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 942.21 | −0.069% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 942.39 | −0.050% | $12.0M | $49.2M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 942.52 | −0.036% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 941.69 | −0.124% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 942.26 | −0.064% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.99 | +0.014% | $259K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 943.70 | +0.089% | $859 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 942.90 | +0.004% | $724 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.04 | +0.125% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.60 | +0.078% | $1.5M | $723K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 942.78 | −0.008% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.35 | −0.054% | $24K | $104K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0036% | 1h | 943.09 | +0.024% | $18K | $40K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 942.50 | −0.038% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 942.86 | long leg | $73K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 942.80 | −0.006% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 942.21 | −0.069% | $32K | $346K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0086% | 1h | 942.88 | +0.002% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.32 | −0.057% | $517K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 943.79 | +0.099% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.94 | +0.008% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.78 | −0.008% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0172% | 4h | 942.90 | +0.004% | $60K | $470K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Deribit LITE_USDC-PERPETUAL
Vest LITE-USD-PERP
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC