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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.076%
Price spread now: Polymarket Perps against Coinbase International+0.200%7-day average +0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.343%+$34 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.200%, 7d avg +0.197%
Together, before fees+0.280%+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.197%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX957.73−0.0144get 0.0018% / 1h4m 09s$101K$203K10x
ShortPolymarket Perps LITE-USD959.650.0050get 0.0006% / 1h4m 09s$74K$228K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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
$40.74
Price spread: +0.200% → +0.197%
$0.36
Slippage, 4 orders
−$20.15
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$2.94
Costs to cover
0.382%
Break-even
6.5 days
Slippage from Coinbase International: live order book, 59 min ago; Polymarket Perps: live order book, 58 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 Coinbase International live order book, 59 min ago7.21 bp12.2 bp −$1221.7 bp −$217doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 58 min ago2.82 bp6.8 bp −$78.2 bp −$82doesn'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
Coinbase International LITE-PERP-INTXlong−0.0144%1h957.73long leg$101K$203K10x
Deribit LITE_USDC-PERPETUAL−0.0063%1h959.63+0.198%$19K$37K10xas long as short
Aster LITEUSDT0.0000%8h960.43+0.282%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.04+0.241%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.59+0.194%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.33+0.271%$8.1M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h959.37+0.171%$2.6M$2.9M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h960.15+0.253%$288$186K10xas long as short
SunX LITE-USDT0.0000%8h959.70+0.206%$826$3.8M10xas long as short
HTX LITE-USDT0.0000%8h959.85+0.221%$7K$32K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDT0.0000%8h960.02+0.239%$1.5M$687K10xas long as short
Variational Omni LITE+0.0001%8h959.52+0.187%$266K$147Kas long as short
QFEX LITE-USD+0.0008%1h959.77+0.213%$1.1M$4.6M10xas long as short
BloFin LITE-USDT+0.0022%8h959.94+0.231%$224K$236K20xas long as short
Lighter LITE+0.0032%1h959.70+0.206%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.82+0.218%$3K10xas long as short
Polymarket Perps LITE-USDshort+0.0050%1h959.65+0.200%$74K$228K10x
SoDEX LITE-USD+0.0050%1h959.64+0.199%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.10+0.143%$71K$268K10xas long as short
Binance LITEUSDT+0.0071%8h959.86+0.223%$12.7M$46.6M25xas long as short
Extended LITE-USD+0.0072%1h959.57+0.192%$13K$209K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.53+0.188%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.00+0.237%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.81+0.217%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.56+0.191%10xas long as short
tradeXYZ xyz:LITE+0.0183%1h960.08+0.245%$7.2M$5.4M10xas long as short
edgeX LITEUSDC+0.0362%4h959.80+0.217%$69K$452K10xas long as short