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

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0450%/8h= +49.2% APRpaid last 24h +0.091%
Price spread now: edgeX against ApeX Omni+0.063%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.063%, 7d avg +0.003%
Together, before fees+0.051%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.060% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.003%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT945.470.0100pay 0.0013% / 1h8m 30s$16K$267K50x
ShortedgeX LITEUSDC946.070.0550get 0.0275% / 4h8m 30s$62K$490K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$94.43
Price spread: +0.063% → +0.003%
$5.97
Slippage, 4 orders
−$55.31
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$26.08
Costs to cover
0.743%
Break-even
5.1 days
Slippage from ApeX Omni: live order book, 32 min ago; edgeX: live order book, 33 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 ApeX Omni live order book, 32 min ago10.42 bp22.1 bp −$22171.8 bp −$1,718doesn't fitdoesn't fit
Sell edgeX live order book, 33 min ago5.08 bp16.1 bp −$1618.4 bp −$184doesn't fitdoesn't fit

LITE on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LITE-USDT−0.0006%8h944.33−0.121%$216K$262K20xas long as short
QFEX LITE-USD0.0000%1h942.29−0.336%$1.1M$3.7M10xas long as short
Aster LITEUSDT0.0000%8h944.96−0.054%$106K$30K20xas long as short
Extended LITE-USD0.0000%1h943.15−0.245%$14K$378K10xas long as short
Binance LITEUSDT0.0000%8h943.38−0.221%$12.1M$51.7M25xas long as short
Bybit LITEUSDT0.0000%8h943.23−0.237%$1.7M$2.2M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h942.67−0.296%$3.5M$18.8M25xas long as short
Bitget LITEUSDT0.0000%8h942.83−0.279%$2.5M$3.4M20xas long as short
Variational Omni LITE0.0000%8h944.91−0.060%$260K$119Kas long as short
SunX LITE-USDT0.0000%8h944.10−0.145%$758$3.3M10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LITE_USDC-PERPETUAL0.0000%1h943.73−0.184%$18K$37K10xas long as short
HTX LITE-USDT0.0000%8h944.81−0.070%$7K$30K20xas long as short
Phemex LITEUSDT0.0000%8h944.61−0.091%$1.5M$754K10xas long as short
Gate LITE_USDT+0.0002%8h943.42−0.217%$7.9M$6.7M50xas long as short
Lighter LITE+0.0032%1h942.84−0.278%$27K$104K10xas long as short
Coinbase International LITE-PERP-INTX+0.0040%1h950.35+0.516%$122K$159K10xas long as short
Vest LITE-USD-PERP+0.0046%1h942.79−0.283%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h942.63−0.300%$68K$239K10xas long as short
SoDEX LITE-USD+0.0050%1h944.08−0.147%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h944.06−0.149%$32K$358K10xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h944.71−0.080%$918$3K10xas long as short
KuCoin LITEUSDTM+0.0100%8h943.91−0.165%$516K$316K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h945.47long leg$16K$267K50x
Aevo LITE-PERP+0.0104%1h944.04−0.151%10xas long as short
GRVT LITE_USDT_Perp+0.0131%8h945.51+0.004%$1K$192K10xas long as short
tradeXYZ xyz:LITE+0.0203%1h943.05−0.256%$7.7M$4.8M10xas long as short
edgeX LITEUSDCshort+0.0550%4h946.07+0.063%$62K$490K10x