Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Polymarket Perps against QFEX+0.037%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 4 days (all we have)+0.056%+$6 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.037%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.022% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 947.14 | 0.0000 | get 0.0000% / 1h | 5m 24s | $1.1M | $3.5M | 10x |
| Short | Polymarket Perps LITE-USD | 947.49 | 0.0050 | get 0.0006% / 1h | 5m 24s | $73K | $228K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against QFEX. 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
- $10.53
- Price spread: +0.037% → +0.015%
- $2.2
- Slippage, 4 orders
- −$11.29
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$16.55
- Costs to cover
- 0.293%
- Break-even
- 18.0 days
Slippage from QFEX: live order book, 3 min ago; Polymarket Perps: live order book, 42 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 QFEX live order book, 3 min ago | 1.74 bp | 6.7 bp −$7 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 42 min ago | 2.70 bp | 7.9 bp −$8 | 9.0 bp −$90 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0688% | 8h | 947.26 | +0.013% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 941.39 | −0.607% | $95K | $208K | 10x | as long as short |
| QFEX LITE-USDlong | 0.0000% | 1h | 947.14 | long leg | $1.1M | $3.5M | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 947.79 | +0.069% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.10 | −0.005% | $14K | $215K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.41 | +0.029% | $12.1M | $49.0M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 947.46 | +0.034% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.36 | +0.023% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.17 | +0.109% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.18 | +0.005% | $260K | $154K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.54 | +0.043% | $682 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.30 | +0.017% | $572 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.64 | +0.053% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 946.08 | −0.112% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.00 | +0.091% | $1.5M | $715K | 10x | as long as short |
| BloFin LITE-USDT | +0.0001% | 8h | 948.13 | +0.105% | $216K | $237K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 947.00 | −0.015% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 946.77 | −0.039% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 947.49 | +0.037% | $73K | $228K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 946.92 | −0.023% | $33K | $343K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.07 | −0.007% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.36 | +0.023% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.55 | +0.043% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.38 | +0.025% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0169% | 1h | 947.28 | +0.015% | $7.5M | $5.8M | 10x | as long as short |
| SoDEX LITE-USD | +0.0225% | 1h | 947.34 | +0.021% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0762% | 4h | 947.75 | +0.065% | $62K | $470K | 10x | as long as short |
Polymarket Perps LITE-USD
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC