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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.036%
Price spread now: Gate against ApeX Omni−0.063%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$700.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.183%−$18 on $10k
Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.063%, 7d avg +0.026%
Together, before fees−0.244%−$24 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 Gate is 0.089% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT966.180.0100pay 0.0013% / 1h11m 23s$16K$265K50x
ShortGate LITE_USDT965.570get 0.0000% / 8h7h 11m$8.1M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: −0.063% → +0.026%
−$8.89
Slippage, 4 orders
−$45.37
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$100.26
Costs to cover
0.704%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Gate: live order book, 2 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, 60 min ago7.70 bp19.1 bp −$19179.9 bp −$1,799doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.81 bp17.4 bp −$1740.9 bp −$40963.9 bp −$6,389doesn'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-INTX−0.0096%1h960.78−0.559%$111K$212K10xas long as short
Aster LITEUSDT0.0000%8h966.09−0.009%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h965.51−0.069%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h965.39−0.082%$3.8M$17.9M25xas long as short
Gate LITE_USDTshort0.0000%8h965.57−0.063%$8.1M$5.9M50x
Bitget LITEUSDT0.0000%8h964.78−0.145%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h966.58+0.041%$561$206K10xas long as short
SunX LITE-USDT0.0000%8h966.20+0.002%$574$4.0M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h965.38−0.083%$19K$37K10xas long as short
HTX LITE-USDT0.0000%8h965.85−0.034%$7K$31K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDT0.0000%8h966.15−0.003%$1.5M$681K10xas long as short
QFEX LITE-USD+0.0014%1h964.97−0.125%$1.1M$5.2M10xas long as short
BloFin LITE-USDT+0.0030%8h966.33+0.016%$225K$237K20xas long as short
Lighter LITE+0.0032%1h965.32−0.089%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h964.89−0.134%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h965.24−0.097%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h966.05−0.013%$168K$166K10xas long as short
KuCoin LITEUSDTM+0.0100%8h965.24−0.097%$521K$38K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h966.18long leg$16K$265K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h965.27−0.094%$938$3K10xas long as short
Aevo LITE-PERP+0.0104%1h965.34−0.087%10xas long as short
SoDEX LITE-USD+0.0184%1h965.42−0.079%$23K$10K10xas long as short
tradeXYZ xyz:LITE+0.0244%1h965.47−0.073%$7.3M$5.0M10xas long as short
Variational Omni LITE+0.0256%8h965.16−0.105%$243K$141Kas long as short
Extended LITE-USD+0.0368%1h965.15−0.106%$9K$203K10xas long as short
Binance LITEUSDT+0.0369%8h965.45−0.076%$13.8M$44.1M25xas long as short
edgeX LITEUSDC+0.0425%4h966.87+0.072%$73K$465K10xas long as short