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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0274%/8h= +30.0% APRnext payment +$0.34 per $10,000 · paid last 24h +0.069%
Price spread now: Polymarket Perps against Coinbase International−0.357%7-day average +0.196% · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.346%+$35 on $10k
Price spread, last 4 days (all we have)+0.396%+$40 · spread now −0.357%, 7d avg +0.196%
Together, before fees+0.741%+$74 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.553% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.357% now, against its 7-day average of +0.196%). If the spread goes back, that is −$55 on $10k: about 6.7 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX957.73−0.0224get 0.0028% / 1h46m 02s$101K$203K10x
ShortPolymarket Perps LITE-USD954.310.0050get 0.0006% / 1h46m 02s$74K$228K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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
$57.54
Price spread: −0.357% → +0.196%
−$55.34
Slippage, 4 orders
−$14.97
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$30.77
Costs to cover
0.330%
Break-even
10.7 days
Slippage from Coinbase International: live order book, 7 min ago; Polymarket Perps: live order book, 6 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 Coinbase International live order book, 7 min ago3.40 bp9.9 bp −$1018.6 bp −$186doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 6 min ago2.30 bp6.4 bp −$66.9 bp −$69doesn'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-INTXlong−0.0224%1h957.73long leg$101K$203K10x
QFEX LITE-USD−0.0002%1h954.38−0.350%$1.1M$3.8M10xas long as short
Aster LITEUSDT0.0000%8h955.23−0.262%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h954.52−0.335%$17K$218K10xas long as short
Binance LITEUSDT0.0000%8h954.57−0.330%$12.5M$46.8M25xas long as short
Bybit LITEUSDT0.0000%8h954.61−0.326%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h954.44−0.344%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h955.32−0.252%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h954.57−0.330%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h954.69−0.317%$261K$153Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h953.09−0.485%$295$185K10xas long as short
SunX LITE-USDT0.0000%8h955.10−0.275%$889$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h955.01−0.284%$18K$39K10xas long as short
HTX LITE-USDT0.0000%8h955.22−0.262%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h954.96−0.289%$1.5M$690K10xas long as short
BloFin LITE-USDT+0.0011%8h955.01−0.284%$223K$234K20xas long as short
Lighter LITE+0.0032%1h954.94−0.291%$23K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h954.24−0.364%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h954.66−0.321%$7.2M$5.5M10xas long as short
Polymarket Perps LITE-USDshort+0.0050%1h954.31−0.357%$74K$228K10x
SoDEX LITE-USD+0.0050%1h954.50−0.337%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h952.95−0.499%$34K$305K10xas long as short
KuCoin LITEUSDTM+0.0100%8h954.52−0.335%$523K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h952.47−0.549%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h954.55−0.332%$928$3K10xas long as short
Aevo LITE-PERP+0.0104%1h954.33−0.355%10xas long as short
edgeX LITEUSDC+0.0682%4h953.26−0.467%$66K$453K10xas long as short