Funding you earn now, next payment 05:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.010%
Price spread now: QFEX against Polymarket Perps−0.018%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 4 days (all we have)−0.055%−$5 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.018%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LITE-USD | 949.35 | 0.0050 | pay 0.0006% / 1h | 16m 17s | $73K | $228K | 10x |
| Short | QFEX LITE-USD | 949.18 | −0.0002 | pay 0.0000% / 1h | 16m 17s | $1.1M | $3.5M | 10x |
Polymarket Perps LITE-USD
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$10.87
- Price spread: −0.018% → −0.015%
- −$0.31
- Slippage, 4 orders
- −$10.54
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$39.72
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 36 min ago; QFEX: live order book, 7 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, 36 min ago | 2.30 bp | 7.5 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.26 bp | 7.3 bp −$7 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 957.73 | +0.883% | $101K | $203K | 10x | as long as short |
| Bitget LITEUSDT | −0.0191% | 8h | 949.42 | +0.007% | $2.6M | $3.0M | 20x | as long as short |
| QFEX LITE-USDshort | −0.0002% | 1h | 949.18 | −0.018% | $1.1M | $3.5M | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 949.60 | +0.026% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.07 | −0.029% | $18K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.44 | +0.009% | $12.3M | $47.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.08 | −0.028% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.33 | −0.002% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.80 | +0.047% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.92 | +0.060% | $261K | $154K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
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 | 949.58 | +0.024% | $304 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 949.90 | +0.058% | $611 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.62 | −0.182% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.26 | −0.009% | $1.5M | $701K | 10x | as long as short |
| BloFin LITE-USDT | +0.0004% | 8h | 949.02 | −0.035% | $221K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.13 | −0.129% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.72 | −0.066% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 949.49 | +0.015% | $7.2M | $5.6M | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 949.35 | long leg | $73K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 948.16 | −0.125% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.00 | −0.037% | $34K | $314K | 10x | as long as short |
| edgeX LITEUSDC | +0.0072% | 4h | 949.99 | +0.068% | $64K | $456K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.84 | −0.054% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.97 | −0.145% | $16K | $267K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.73 | −0.065% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.42 | −0.098% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.1132% | 1h | 949.16 | −0.020% | $18K | $39K | 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
tradeXYZ xyz:LITE
SoDEX LITE-USD
Ondo Perps LITE-USD.P
edgeX LITEUSDC
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL