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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.7% APRpaid last 24h −0.013%
Price spread now: BloFin against Polymarket Perps−0.077%45s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.077%, 7d avg +0.056%
Together, before fees+0.024%+$2 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 BloFin is 0.133% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.056%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LITE-USD945.740.0050pay 0.0006% / 1h6m 34s$73K$228K10x
ShortBloFin LITE-USDT945.01−0.0030pay 0.0030% / 8h3h 06m$220K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$16.77
Price spread: −0.077% → +0.056%
−$13.3
Slippage, 4 orders
−$16.14
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$66.21
Costs to cover
0.361%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 45 min ago; BloFin: live order book, 15 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, 45 min ago2.30 bp7.5 bp −$78.0 bp −$80doesn't fitdoesn't fit
Sell BloFin live order book, 15 min ago0.53 bp9.5 bp −$1013.7 bp −$137doesn'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−0.0376%8h946.08+0.036%$2.6M$3.0M20xas long as short
Coinbase International LITE-PERP-INTX−0.0224%1h946.46+0.076%$99K$202K10xas long as short
BloFin LITE-USDTshort−0.0030%8h945.01−0.077%$220K$234K20x
QFEX LITE-USD−0.0002%1h945.65−0.010%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h946.54+0.084%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h946.00+0.027%$14K$199K10xas long as short
Binance LITEUSDT0.0000%8h946.34+0.063%$12.2M$47.5M25xas long as short
Bybit LITEUSDT0.0000%8h945.82+0.008%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h946.12+0.040%$3.7M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h946.54+0.085%$7.9M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h945.11−0.067%$260K$154Kas long as short
GRVT LITE_USDT_Perp0.0000%8h944.49−0.133%$784$184K10xas long as short
SunX LITE-USDT0.0000%8h944.20−0.163%$726$3.8M10xas long as short
HTX LITE-USDT0.0000%8h944.52−0.129%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h945.03−0.075%$1.5M$706K10xas long as short
Lighter LITE+0.0032%1h946.38+0.068%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h945.06−0.072%$3K10xas long as short
Polymarket Perps LITE-USDlong+0.0050%1h945.74long leg$73K$228K10x
SoDEX LITE-USD+0.0050%1h944.20−0.163%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h946.05+0.033%$33K$316K10xas long as short
tradeXYZ xyz:LITE+0.0057%1h946.25+0.054%$7.2M$5.6M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0078%1h944.12−0.171%$18K$39K10xas long as short
KuCoin LITEUSDTM+0.0100%8h946.01+0.029%$520K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h944.29−0.153%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h944.20−0.163%$918$3K10xas long as short
Aevo LITE-PERP+0.0104%1h944.00−0.184%10xas long as short
edgeX LITEUSDC+0.0932%4h945.22−0.055%$61K$457K10xas long as short