Funding you earn now, next payment 06:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.061%
Price spread now: Coinbase International against Polymarket Perps+0.350%47s7-day average −0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.350%, 7d avg −0.189%
=The price spread pays, funding is against you. Coinbase International is 0.539% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.350% now, against its 7-day average of −0.189%): +$54 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LITE-USD | 943.35 | 0.0050 | pay 0.0006% / 1h | 53m 28s | $73K | $228K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 946.65 | −0.0072 | pay 0.0009% / 1h | 53m 28s | $92K | $212K | 10x |
Polymarket Perps LITE-USD
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$25.62
- Price spread: +0.350% → −0.189%
- $53.9
- Slippage, 4 orders
- −$22.96
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$12.68
- Costs to cover
- 0.410%
- Break-even
- from the start
Slippage from Polymarket Perps: live order book, 53 min ago; Coinbase International: live order book, 54 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, 53 min ago | 2.70 bp | 6.8 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 54 min ago | 7.41 bp | 12.7 bp −$13 | 16.4 bp −$164 | doesn't fit | 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 | −0.0632% | 8h | 943.84 | +0.052% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXshort | −0.0072% | 1h | 946.65 | +0.350% | $92K | $212K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 943.96 | +0.065% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 943.51 | +0.017% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 943.75 | +0.043% | $12.1M | $49.1M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 943.64 | +0.031% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 943.06 | −0.031% | $3.6M | $18.1M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 944.27 | +0.098% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 943.63 | +0.030% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.40 | +0.111% | $510 | $194K | 10x | as long as short |
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 942.50 | −0.090% | $1K | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 942.82 | −0.056% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.27 | +0.098% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.79 | +0.047% | $1.5M | $720K | 10x | as long as short |
| BloFin LITE-USDT | +0.0004% | 8h | 944.42 | +0.113% | $215K | $238K | 20x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 942.97 | −0.040% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 943.65 | +0.032% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 942.45 | −0.095% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 943.35 | long leg | $73K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 943.38 | +0.003% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 944.95 | +0.170% | $32K | $343K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 943.46 | +0.012% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.58 | +0.130% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.98 | −0.039% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.86 | −0.052% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0113% | 1h | 943.51 | +0.017% | $7.5M | $5.8M | 10x | as long as short |
| edgeX LITEUSDC | +0.0172% | 4h | 944.14 | +0.084% | $61K | $470K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC