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

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0239%/8h= +26.2% APRnext payment +$2.39 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Aster+0.025%100s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2642.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.128%+$13 on $10k
Price spread, last 3 days (all we have)+0.106%+$11 · spread now +0.025%, 7d avg −0.010%
Together, before fees+0.234%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GRVT is 0.036% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LITEUSDT960.080get 0.0000% / 8h57m 47s$108K$17K20x
ShortGRVT LITE_USDT_Perp960.320.0239get 0.0239% / 8h57m 47s$663$236K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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
$50.19
Price spread: +0.025% → −0.010%
$3.56
Slippage, 4 orders
−$247.34
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$210.58
Costs to cover
2.643%
Break-even
36.4 days
Slippage from Aster: live order book, 18 min ago; GRVT: live order book, 20 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 Aster live order book, 18 min ago65.74 bp158.0 bp −$158doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 20 min ago2.14 bp9.8 bp −$10doesn'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
Coinbase International LITE-PERP-INTX−0.0064%1h958.20−0.196%$115K$244K10xas long as short
Aster LITEUSDTlong0.0000%8h960.08long leg$108K$17K20x
Bybit LITEUSDT0.0000%8h959.79−0.030%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.66−0.044%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h960.24+0.017%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h959.60−0.050%$2.8M$3.1M20xas long as short
Variational Omni LITE0.0000%8h960.30+0.023%$241K$142Kas long as short
SunX LITE-USDT0.0000%8h959.90−0.019%$612$4.2M10xas long as short
HTX LITE-USDT0.0000%8h960.13+0.005%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h960.44+0.038%$1.5M$686K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LITE-USDT+0.0026%8h959.62−0.048%$176K$235K20xas long as short
Lighter LITE+0.0032%1h959.90−0.019%$27K$102K10xas long as short
QFEX LITE-USD+0.0033%1h959.83−0.026%$1.1M$5.3M10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.50−0.060%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.01−0.007%$30K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.46−0.064%$175K$160K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.81−0.028%$517K$38K20xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.99−0.009%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.01−0.007%10xas long as short
Binance LITEUSDT+0.0117%8h959.89−0.020%$13.7M$45.2M25xas long as short
Extended LITE-USD+0.0120%1h959.70−0.040%$9K$209K10xas long as short
ApeX Omni LITEUSDT+0.0131%1h959.96−0.012%$16K$265K50xas long as short
edgeX LITEUSDC+0.0146%4h960.44+0.038%$70K$460K10xas long as short
SoDEX LITE-USD+0.0158%1h959.77−0.032%$23K$10K10xas long as short
GRVT LITE_USDT_Perpshort+0.0239%8h960.32+0.025%$663$236K10x
Deribit LITE_USDC-PERPETUAL+0.0261%1h959.93−0.015%$19K$36K10xas long as short
tradeXYZ xyz:LITE+0.0307%1h960.17+0.010%$7.2M$5.1M10xas long as short