Funding you earn now, next payment 01:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Polymarket Perps−0.057%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 3 days (all we have)−0.053%−$5 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now −0.057%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.039% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LITE-USD | 965.83 | 0.0050 | pay 0.0006% / 1h | 7m 53s | $75K | $228K | 10x |
| Short | QFEX LITE-USD | 965.28 | 0.0014 | get 0.0002% / 1h | 7m 53s | $1.1M | $5.2M | 10x |
Polymarket Perps LITE-USD
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$7.66
- Price spread: −0.057% → −0.018%
- −$3.88
- Slippage, 4 orders
- −$12.81
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$42.35
- Costs to cover
- 0.308%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 65 min ago; QFEX: live order book, 6 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, 65 min ago | 2.08 bp | 9.1 bp −$9 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.76 bp | 7.0 bp −$7 | 10.2 bp −$102 | 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-INTX | −0.0096% | 1h | 960.78 | −0.523% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0012% | 8h | 965.56 | −0.028% | $225K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.76 | +0.097% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 966.27 | +0.046% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 966.39 | +0.058% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 966.61 | +0.081% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.92 | +0.009% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.58 | +0.078% | $561 | $206K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.80 | −0.003% | $824 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.25 | −0.060% | $19K | $37K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 965.96 | +0.013% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 966.43 | +0.062% | $1.5M | $681K | 10x | as long as short |
| QFEX LITE-USDshort | +0.0014% | 1h | 965.28 | −0.057% | $1.1M | $5.2M | 10x | |
| Lighter LITE | +0.0032% | 1h | 965.92 | +0.009% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.97 | −0.089% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 965.83 | long leg | $75K | $228K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.45 | −0.039% | $168K | $165K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.77 | −0.006% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.95 | −0.091% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.69 | −0.014% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.73 | −0.011% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0166% | 1h | 965.53 | −0.031% | $23K | $10K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0243% | 1h | 965.84 | +0.001% | $7.3M | $5.0M | 10x | as long as short |
| Variational Omni LITE | +0.0256% | 8h | 965.16 | −0.069% | $243K | $141K | — | as long as short |
| Extended LITE-USD | +0.0360% | 1h | 965.84 | +0.001% | $9K | $203K | 10x | as long as short |
| Binance LITEUSDT | +0.0364% | 8h | 965.93 | +0.011% | $13.8M | $44.1M | 25x | as long as short |
| edgeX LITEUSDC | +0.0733% | 4h | 965.18 | −0.067% | $73K | $456K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
tradeXYZ xyz:LITE
Variational Omni LITE
Extended LITE-USD
Binance LITEUSDT
edgeX LITEUSDC