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

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0837%/8h= +91.6% APRpaid last 24h +0.089%
Price spread now: edgeX against Polymarket Perps−0.088%56s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.088%, 7d avg +0.032%
Together, before fees+0.170%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.120% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.032%). If the spread goes back, that is −$12 on $10k: about 11 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.081% in total) that is about 10 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LITE-USD949.350.0050pay 0.0006% / 1h15m 42s$73K$228K10x
ShortedgeX LITEUSDC948.510.0887get 0.0443% / 4h3h 15m$63K$457K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$175.74
Price spread: −0.088% → +0.032%
−$12
Slippage, 4 orders
−$27.64
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$119.1
Costs to cover
0.446%
Break-even
2.3 days
Slippage from Polymarket Perps: live order book, 36 min ago; edgeX: live order book, 38 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, 36 min ago2.30 bp7.5 bp −$78.0 bp −$80doesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago3.82 bp22.3 bp −$2226.0 bp −$260doesn'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-INTX−0.0224%1h957.73+0.883%$101K$203K10xas long as short
Bitget LITEUSDT−0.0202%8h949.21−0.015%$2.6M$3.0M20xas long as short
QFEX LITE-USD−0.0002%1h949.55+0.021%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h949.91+0.059%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h949.19−0.016%$14K$211K10xas long as short
Binance LITEUSDT0.0000%8h949.59+0.025%$12.3M$47.2M25xas long as short
Bybit LITEUSDT0.0000%8h949.52+0.018%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.44+0.009%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h949.89+0.057%$7.9M$6.3M50xas long as short
Variational Omni LITE0.0000%8h949.38+0.004%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h949.19−0.017%$304$184K10xas long as short
SunX LITE-USDT0.0000%8h949.90+0.058%$611$3.8M10xas long as short
HTX LITE-USDT0.0000%8h947.62−0.182%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h949.43+0.008%$1.5M$702K10xas long as short
BloFin LITE-USDT+0.0004%8h949.02−0.035%$221K$234K20xas long as short
Lighter LITE+0.0032%1h949.42+0.007%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.72−0.066%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h949.37+0.002%$7.2M$5.6M10xas long as short
Polymarket Perps LITE-USDlong+0.0050%1h949.35long leg$73K$228K10x
SoDEX LITE-USD+0.0050%1h948.71−0.067%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h948.77−0.061%$34K$315K10xas long as short
KuCoin LITEUSDTM+0.0100%8h949.02−0.035%$522K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h947.97−0.145%$16K$267K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.73−0.065%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.42−0.098%10xas long as short
edgeX LITEUSDCshort+0.0887%4h948.51−0.088%$63K$457K10x
Deribit LITE_USDC-PERPETUAL+0.1132%1h949.16−0.020%$18K$39K10xas long as short