Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%

Price spread now: Bitget against ApeX Omni−0.051%73s7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$690.686% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now −0.051%, 7d avg −0.025%

Together, before fees−0.287%−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.026% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LITEUSDT	960.17	0.0100	pay 0.0013% / 1h	48m 15s	$16K	$266K	50x
Short	Bitget LITEUSDT	959.68	0	get 0.0000% / 8h	4h 48m	$2.6M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BitgetbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$21
Price spread: −0.051% → −0.025%: −$2.59
Slippage, 4 orders: −$46.61
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$92.19
Costs to cover: 0.686%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 9 min ago; Bitget: live order book, 4 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 ApeX Omni live order book, 9 min ago	9.94 bp	20.5 bp −$20	171.3 bp −$1,713	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	2.03 bp	14.2 bp −$14	32.6 bp −$326	59.1 bp −$5,906	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	−0.0152%	1h	957.73	−0.254%	$101K	$203K	10x	as long as short
Deribit LITE_USDC-PERPETUAL	−0.0042%	1h	959.33	−0.087%	$19K	$37K	10x	as long as short
QFEX LITE-USD	0.0000%	1h	959.19	−0.102%	$1.1M	$4.3M	10x	as long as short
Aster LITEUSDT	0.0000%	8h	960.63	+0.048%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	959.75	−0.044%	$1.9M	$1.7M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	959.61	−0.058%	$3.8M	$17.6M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	960.08	−0.009%	$8.1M	$6.2M	50x	as long as short
Bitget LITEUSDTshort	0.0000%	8h	959.68	−0.051%	$2.6M	$2.9M	20x
Variational Omni LITE	0.0000%	8h	959.89	−0.029%	$266K	$147K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	960.63	+0.048%	$298	$185K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX LITE-USDT	0.0000%	8h	959.60	−0.059%	$609	$3.8M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	960.48	+0.032%	$7K	$32K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	960.06	−0.011%	$1.5M	$689K	10x	as long as short
Extended LITE-USD	+0.0024%	1h	959.47	−0.073%	$9K	$212K	10x	as long as short
BloFin LITE-USDT	+0.0025%	8h	959.37	−0.083%	$225K	$236K	20x	as long as short
Binance LITEUSDT	+0.0026%	8h	959.73	−0.046%	$12.6M	$46.6M	25x	as long as short
Lighter LITE	+0.0032%	1h	959.61	−0.058%	$27K	$99K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	959.18	−0.103%	—	$3K	10x	as long as short
tradeXYZ xyz:LITE	+0.0050%	1h	959.99	−0.019%	$7.2M	$5.4M	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	959.79	−0.040%	$74K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	959.47	−0.073%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	959.70	−0.049%	$48K	$292K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	959.30	−0.091%	$526K	$42K	20x	as long as short
ApeX Omni LITEUSDTlong	+0.0100%	1h	960.17	long leg	$16K	$266K	50x
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	959.54	−0.066%	$933	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	959.44	−0.076%	—	—	10x	as long as short
edgeX LITEUSDC	+0.0572%	4h	960.24	+0.007%	$69K	$452K	10x	as long as short