Settings8H · net · $10k
Funding arb · Price arb /

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.021%
Price spread now: SunX against Polymarket Perps−0.042%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1431.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.042%, 7d avg +0.040%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.082% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LITE-USD941.500.0050pay 0.0006% / 1h48m 12s$73K$220K10x
ShortSunX LITE-USDT941.100get 0.0000% / 8h7h 48m$567$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$10.5
Price spread: −0.042% → +0.040%
−$8.24
Slippage, 4 orders
−$127.21
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$161.94
Costs to cover
1.432%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 49 min ago; SunX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 49 min ago2.74 bp7.2 bp −$78.8 bp −$88doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago25.86 bp84.8 bp −$85doesn't fitdoesn't fitdoesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp−0.0844%8h940.91−0.063%$546$192K10xas long as short
Deribit LITE_USDC-PERPETUAL−0.0196%1h941.17−0.035%$18K$41K10xas long as short
Coinbase International LITE-PERP-INTX−0.0112%1h946.24+0.503%$93K$215K10xas long as short
Bitget LITEUSDT−0.0103%8h941.37−0.014%$2.6M$3.1M20xas long as short
Bybit LITEUSDT−0.0023%8h941.16−0.036%$1.8M$2.1M25xas long as short
Aster LITEUSDT0.0000%8h940.72−0.083%$105K$30K20xas long as short
Extended LITE-USD0.0000%1h941.05−0.047%$45K$251K10xas long as short
Binance LITEUSDT0.0000%8h941.26−0.025%$12.0M$50.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h941.53+0.003%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h941.54+0.004%$7.9M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h941.23−0.029%$259K$139Kas long as short
SunX LITE-USDTshort0.0000%8h941.10−0.042%$567$3.7M10x
HTX LITE-USDT0.0000%8h941.47−0.003%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h941.71+0.022%$1.5M$742K10xas long as short
QFEX LITE-USD+0.0014%1h941.34−0.017%$1.1M$3.9M10xas long as short
BloFin LITE-USDT+0.0030%8h941.66+0.017%$217K$243K20xas long as short
Lighter LITE+0.0032%1h941.49−0.001%$24K$102K10xas long as short
ApeX Omni LITEUSDT+0.0039%1h940.97−0.056%$16K$266K50xas long as short
Vest LITE-USD-PERP+0.0046%1h940.70−0.085%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h941.54+0.004%$7.7M$5.7M10xas long as short
Polymarket Perps LITE-USDlong+0.0050%1h941.50long leg$73K$220K10x
SoDEX LITE-USD+0.0050%1h940.78−0.076%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h938.82−0.285%$33K$355K10xas long as short
KuCoin LITEUSDTM+0.0100%8h940.77−0.078%$516K$71K20xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h940.79−0.075%$914$3K10xas long as short
Aevo LITE-PERP+0.0104%1h940.55−0.101%10xas long as short
edgeX LITEUSDC+0.0721%4h940.63−0.093%$58K$476K10xas long as short