Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.021%
Price spread now: Bybit against Polymarket Perps−0.045%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.045%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LITE-USD | 942.65 | 0.0050 | pay 0.0006% / 1h | 21m 10s | $73K | $228K | 10x |
| Short | Bybit LITEUSDT | 942.23 | 0 | get 0.0000% / 8h | 2h 21m | $1.8M | $1.8M | 25x |
Polymarket Perps LITE-USD
Bybit LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.045% → +0.001%
- −$4.59
- Slippage, 4 orders
- −$30.67
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.77
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 26 min ago; Bybit: live order book, 5 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, 26 min ago | 2.70 bp | 6.8 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.30 bp | 21.6 bp −$22 | 94.3 bp −$943 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0810% | 8h | 942.60 | −0.005% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 941.39 | −0.134% | $95K | $208K | 10x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 942.50 | −0.016% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.72 | +0.007% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 942.08 | −0.060% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 942.40 | −0.027% | $12.1M | $48.8M | 25x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 942.23 | −0.045% | $1.8M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 942.23 | −0.045% | $3.6M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 943.32 | +0.071% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 940.56 | −0.222% | $258K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance 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 | 941.14 | −0.160% | $828 | $193K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 941.90 | −0.080% | $818 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 942.21 | −0.047% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 942.48 | −0.018% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 942.95 | +0.032% | $1.5M | $712K | 10x | as long as short |
| BloFin LITE-USDT | +0.0009% | 8h | 942.38 | −0.029% | $219K | $235K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.25 | −0.042% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 941.64 | −0.107% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 942.65 | long leg | $73K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 942.20 | −0.048% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 940.99 | −0.176% | $32K | $339K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.22 | −0.046% | $517K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 941.13 | −0.161% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.24 | −0.043% | $916 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.07 | −0.061% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0152% | 1h | 943.02 | +0.039% | $7.5M | $5.8M | 10x | as long as short |
| edgeX LITEUSDC | +0.0472% | 4h | 941.39 | −0.134% | $59K | $468K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC