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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.036%
Price spread now: SunX against ApeX Omni−0.221%73s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1661.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.221%, 7d avg +0.013%
Together, before fees−0.019%−$2 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 SunX is 0.234% cheaper against ApeX Omni than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT944.390.0100pay 0.0013% / 1h33m 41s$16K$266K50x
ShortSunX LITE-USDT942.300get 0.0000% / 8h2h 33m$880$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.221% → +0.013%
−$23.43
Slippage, 4 orders
−$147.89
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$210.32
Costs to cover
1.659%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 13 min ago; SunX: live order book, 4 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, 13 min ago8.88 bp20.1 bp −$20192.7 bp −$1,927doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago24.88 bp82.2 bp −$82doesn'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
Bitget LITEUSDT−0.0713%8h941.62−0.293%$2.6M$3.0M20xas long as short
Deribit LITE_USDC-PERPETUAL−0.0323%1h942.34−0.217%$18K$40K10xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h939.25−0.544%$95K$204K10xas long as short
QFEX LITE-USD0.0000%1h941.40−0.317%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h942.49−0.201%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h941.34−0.323%$14K$219K10xas long as short
Binance LITEUSDT0.0000%8h941.53−0.302%$12.1M$48.4M25xas long as short
Bybit LITEUSDT0.0000%8h941.97−0.256%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h941.14−0.344%$3.6M$17.7M25xas long as short
Gate LITE_USDT0.0000%8h941.75−0.280%$7.8M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h944.21−0.019%$259K$154Kas long as short
GRVT LITE_USDT_Perp0.0000%8h944.42+0.003%$633$190K10xas long as short
SunX LITE-USDTshort0.0000%8h942.30−0.221%$880$3.8M10x
HTX LITE-USDT0.0000%8h945.29+0.095%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h943.43−0.102%$1.5M$710K10xas long as short
BloFin LITE-USDT+0.0018%8h944.98+0.062%$222K$235K20xas long as short
Lighter LITE+0.0032%1h942.37−0.214%$24K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h942.35−0.216%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h942.81−0.167%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h942.74−0.175%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h943.81−0.061%$32K$340K10xas long as short
KuCoin LITEUSDTM+0.0100%8h942.03−0.250%$517K$43K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h944.39long leg$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h942.57−0.193%$916$3K10xas long as short
Aevo LITE-PERP+0.0104%1h942.87−0.161%10xas long as short
tradeXYZ xyz:LITE+0.0109%1h941.58−0.298%$7.5M$5.8M10xas long as short
edgeX LITEUSDC+0.0471%4h942.74−0.175%$60K$465K10xas long as short