Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: Polymarket Perps against Phemex−0.029%7-day average −0.077% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.029%, 7d avg −0.077%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.047% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 958.76 | 0 | get 0.0000% / 8h | 5h 26m | $1.5M | $688K | 10x |
| Short | Polymarket Perps LITE-USD | 958.48 | 0.0050 | get 0.0006% / 1h | 26m 06s | $74K | $228K | 10x |
Phemex LITEUSDT
Polymarket Perps LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Phemex. 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
- $10.5
- Price spread: −0.029% → −0.077%
- $4.75
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$4.75
- Costs to cover
- 0.200%
- Break-even
- 10.2 days
Slippage unknown: Phemex: live order book, 2 min ago; Polymarket Perps: live order book, 36 min ago. Net counts fees only.
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 Phemex live order book, 2 min ago | 3.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 36 min ago | 2.82 bp | 6.8 bp −$7 | 8.2 bp −$82 | 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 | −0.0144% | 1h | 957.56 | −0.125% | $106K | $198K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.56 | +0.083% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.62 | −0.015% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.46 | −0.031% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.94 | +0.019% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.41 | −0.037% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.10 | +0.035% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.40 | −0.038% | $630 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.44 | −0.033% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.76 | 0.000% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDTlong | 0.0000% | 8h | 958.76 | long leg | $1.5M | $688K | 10x | |
| QFEX LITE-USD | +0.0008% | 1h | 958.03 | −0.076% | $1.1M | $4.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0011% | 8h | 958.31 | −0.047% | $224K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.46 | −0.031% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.94 | −0.086% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 958.48 | −0.029% | $74K | $228K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 958.29 | −0.049% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.29 | +0.055% | $71K | $268K | 10x | as long as short |
| edgeX LITEUSDC | +0.0057% | 4h | 959.04 | +0.030% | $69K | $455K | 10x | as long as short |
| Variational Omni LITE | +0.0059% | 8h | 958.77 | +0.001% | $266K | $147K | — | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.52 | −0.025% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.22 | +0.048% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.29 | −0.049% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.16 | −0.063% | — | — | 10x | as long as short |
| Extended LITE-USD | +0.0136% | 1h | 958.27 | −0.051% | $13K | $202K | 10x | as long as short |
| Binance LITEUSDT | +0.0137% | 8h | 958.53 | −0.024% | $12.7M | $46.6M | 25x | as long as short |
| tradeXYZ xyz:LITE | +0.0194% | 1h | 958.53 | −0.024% | $7.1M | $5.4M | 10x | as long as short |
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
SoDEX LITE-USD
Ondo Perps LITE-USD.P
edgeX LITEUSDC
Variational Omni LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Extended LITE-USD
Binance LITEUSDT
tradeXYZ xyz:LITE