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

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Polymarket Perps−0.004%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$550.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.004%, 7d avg +0.025%
Together, before fees+0.045%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.029% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.025%). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.037% in total) that is about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LITE-USD945.640.0050pay 0.0006% / 1h44m 44s$73K$228K10x
ShortApeX Omni LITEUSDT945.600.0100get 0.0013% / 1h44m 44s$16K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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: −0.004% → +0.025%
−$2.92
Slippage, 4 orders
−$37.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$47.62
Costs to cover
0.552%
Break-even
38.7 days
Slippage from Polymarket Perps: live order book, 2 min ago; ApeX Omni: live order book, 2 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, 2 min ago2.70 bp6.8 bp −$77.0 bp −$70doesn't fitdoesn't fit
Sell ApeX Omni live order book, 2 min ago8.88 bp20.4 bp −$20192.5 bp −$1,925doesn'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
Bitget LITEUSDT−0.0581%8h944.56−0.114%$2.6M$3.0M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.46+0.087%$99K$202K10xas long as short
QFEX LITE-USD0.0000%1h945.84+0.021%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h945.640.000%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h944.71−0.098%$14K$215K10xas long as short
Binance LITEUSDT0.0000%8h944.91−0.077%$12.2M$47.9M25xas long as short
Bybit LITEUSDT0.0000%8h945.57−0.007%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h945.17−0.050%$3.7M$17.7M25xas long as short
Gate LITE_USDT0.0000%8h945.41−0.024%$7.9M$6.3M50xas long as short
Variational Omni LITE0.0000%8h945.37−0.029%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h945.69+0.005%$804$191K10xas long as short
SunX LITE-USDT0.0000%8h945.20−0.047%$678$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h945.25−0.041%$18K$40K10xas long as short
HTX LITE-USDT0.0000%8h945.73+0.010%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h945.44−0.021%$1.5M$708K10xas long as short
BloFin LITE-USDT+0.0015%8h945.76+0.013%$220K$235K20xas long as short
Lighter LITE+0.0032%1h945.03−0.065%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h945.44−0.021%$3K10xas long as short
Polymarket Perps LITE-USDlong+0.0050%1h945.64long leg$73K$228K10x
Ondo Perps LITE-USD.P+0.0050%1h947.05+0.149%$32K$327K10xas long as short
KuCoin LITEUSDTM+0.0100%8h945.19−0.048%$519K$43K20xas long as short
ApeX Omni LITEUSDTshort+0.0100%1h945.60−0.004%$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h945.43−0.022%$919$3K10xas long as short
Aevo LITE-PERP+0.0104%1h945.19−0.048%10xas long as short
tradeXYZ xyz:LITE+0.0106%1h945.10−0.057%$7.2M$5.6M10xas long as short
SoDEX LITE-USD+0.0167%1h944.89−0.079%$23K$9K10xas long as short
edgeX LITEUSDC+0.0814%4h945.76+0.013%$62K$462K10xas long as short