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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: Phemex against ApeX Omni+0.081%77s7-day average +0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.214%−$21 on $10k
Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.081%, 7d avg +0.050%
Together, before fees−0.311%−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.031% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of +0.050%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT959.960.0100pay 0.0013% / 1h17m 47s$16K$264K50x
ShortPhemex LITEUSDT960.740get 0.0000% / 8h1h 17m$1.5M$687K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.081% → +0.050%
$3.09
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$39.91
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 64 min ago; Phemex: live order book, 5 min ago. Net counts fees only.

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, 64 min ago6.79 bp18.6 bp −$19187.1 bp −$1,871doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago2.86 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
Aster LITEUSDT0.0000%8h959.39−0.059%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h959.79−0.017%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h959.84−0.013%$13.8M$45.3M25xas long as short
Bybit LITEUSDT0.0000%8h959.83−0.014%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.44−0.054%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h960.36+0.042%$8.0M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.61−0.036%$2.8M$3.0M20xas long as short
Variational Omni LITE0.0000%8h960.29+0.035%$241K$142Kas long as short
SunX LITE-USDT0.0000%8h960.30+0.035%$883$4.2M10xas long as short
HTX LITE-USDT0.0000%8h960.44+0.050%$7K$32K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDTshort0.0000%8h960.74+0.081%$1.5M$687K10x
BloFin LITE-USDT+0.0007%8h960.44+0.050%$224K$236K20xas long as short
Coinbase International LITE-PERP-INTX+0.0008%1h958.20−0.183%$115K$279K10xas long as short
Lighter LITE+0.0032%1h959.90−0.006%$27K$102K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.54−0.044%$3K10xas long as short
QFEX LITE-USD+0.0047%1h960.12+0.017%$1.1M$5.3M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.13+0.018%$30K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.56−0.042%$176K$159K10xas long as short
KuCoin LITEUSDTM+0.0100%8h958.97−0.103%$516K$38K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h959.96long leg$16K$264K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.24+0.029%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.10+0.014%10xas long as short
GRVT LITE_USDT_Perp+0.0120%8h960.57+0.064%$740$248K10xas long as short
SoDEX LITE-USD+0.0130%1h960.05+0.009%$23K$10K10xas long as short
tradeXYZ xyz:LITE+0.0240%1h960.15+0.020%$7.2M$5.1M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0427%1h960.19+0.024%$19K$36K10xas long as short
edgeX LITEUSDC+0.0890%4h960.23+0.028%$70K$460K10xas long as short