Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.022%
Price spread now: Binance against Polymarket Perps+0.009%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now +0.009%, 7d avg +0.043%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.033% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LITE-USD | 947.58 | 0.0050 | pay 0.0006% / 1h | 6m 27s | $73K | $228K | 10x |
| Short | Binance LITEUSDT | 947.67 | 0 | get 0.0000% / 8h | 2h 06m | $12.1M | $49.0M | 25x |
Polymarket Perps LITE-USD
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.009% → +0.043%
- −$3.31
- Slippage, 4 orders
- −$19.87
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.68
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 41 min ago; Binance: 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, 41 min ago | 2.70 bp | 6.8 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.27 bp | 12.9 bp −$13 | 30.8 bp −$308 | 95.3 bp −$9,528 | 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 | −0.0701% | 8h | 947.39 | −0.020% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 941.39 | −0.653% | $95K | $208K | 10x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 947.61 | +0.003% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.97 | +0.041% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.44 | −0.014% | $14K | $215K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 947.67 | +0.009% | $12.1M | $49.0M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 947.55 | −0.003% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.47 | −0.012% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 947.97 | +0.041% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 946.50 | −0.114% | $260K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit 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 | 947.00 | −0.061% | $682 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.60 | +0.002% | $691 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 946.08 | −0.158% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.57 | +0.104% | $1.5M | $715K | 10x | as long as short |
| BloFin LITE-USDT | +0.0001% | 8h | 948.13 | +0.058% | $216K | $237K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.00 | +0.044% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 946.91 | −0.071% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 947.58 | long leg | $73K | $228K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.35 | −0.024% | $33K | $342K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.18 | −0.042% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 946.99 | −0.062% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.52 | −0.006% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.38 | −0.021% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0171% | 1h | 947.65 | +0.007% | $7.5M | $5.8M | 10x | as long as short |
| SoDEX LITE-USD | +0.0220% | 1h | 947.84 | +0.027% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0245% | 4h | 946.63 | −0.100% | $62K | $469K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0542% | 1h | 947.61 | +0.003% | $18K | $40K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC
Deribit LITE_USDC-PERPETUAL