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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.035%
Price spread now: tradeXYZ against Polymarket Perps−0.030%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$360.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.072%−$7 on $10k
Price spread, last 7 days−0.072%−$7 · spread now −0.030%, 7d avg −0.070%
Together, before fees−0.144%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.040% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LITE-USD947.930.0050pay 0.0006% / 1h7m 09s$73K$228K10x
ShorttradeXYZ xyz:LITE947.650.0171get 0.0021% / 1h7m 09s$7.5M$5.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$25.51
Price spread: −0.030% → −0.070%
$4.02
Slippage, 4 orders
−$9.56
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$6.03
Costs to cover
0.356%
Break-even
8.7 days
Slippage from Polymarket Perps: live order book, 40 min ago; tradeXYZ: live order book, 11 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, 40 min ago2.70 bp6.8 bp −$77.0 bp −$70doesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.48 bp9.8 bp −$1015.0 bp −$150doesn'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−0.0717%8h947.39−0.057%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h941.39−0.690%$95K$208K10xas long as short
QFEX LITE-USD0.0000%1h947.88−0.005%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h947.86−0.008%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.73−0.021%$14K$215K10xas long as short
Binance LITEUSDT0.0000%8h947.52−0.043%$12.1M$49.0M25xas long as short
Bybit LITEUSDT0.0000%8h947.46−0.050%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h947.49−0.046%$3.6M$18.2M25xas long as short
Gate LITE_USDT0.0000%8h948.68+0.079%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h946.50−0.151%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h947.00−0.098%$682$194K10xas long as short
SunX LITE-USDT0.0000%8h947.60−0.035%$691$3.8M10xas long as short
HTX LITE-USDT0.0000%8h946.08−0.195%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h948.57+0.068%$1.5M$715K10xas long as short
BloFin LITE-USDT+0.0001%8h948.13+0.021%$216K$237K20xas long as short
Lighter LITE+0.0032%1h947.43−0.053%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h947.00−0.098%$3K10xas long as short
Polymarket Perps LITE-USDlong+0.0050%1h947.93long leg$73K$228K10x
Ondo Perps LITE-USD.P+0.0050%1h945.71−0.234%$32K$341K10xas long as short
KuCoin LITEUSDTM+0.0100%8h947.11−0.087%$520K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h946.99−0.099%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h947.52−0.043%$921$3K10xas long as short
Aevo LITE-PERP+0.0104%1h947.38−0.058%10xas long as short
tradeXYZ xyz:LITEshort+0.0171%1h947.65−0.030%$7.5M$5.8M10x
SoDEX LITE-USD+0.0220%1h947.84−0.009%$23K$9K10xas long as short
edgeX LITEUSDC+0.0245%4h946.63−0.137%$62K$469K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0542%1h947.61−0.034%$18K$40K10xas long as short