Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.056%

Price spread now: Deribit against Binance−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITEUSDT	957.97	0	get 0.0000% / 8h	2h 26m	$13.7M	$45.2M	25x
Short	Deribit LITE_USDC-PERPETUAL	957.73	0.0314	get 0.0039% / 1h	26m 18s	$18K	$36K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee DeribitbpOrdersPrice spread, now −0.025%Rate

Funding earned: $65.97
Price spread: −0.025% → 0.000%: −$2.54
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $46.43
Costs to cover: 0.170%
Break-even: 2.1 days

Slippage unknown: Binance: live order book, 16 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 16 min ago	0.05 bp	10.3 bp −$10	24.5 bp −$245	95.8 bp −$9,581	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LITEUSDT	0.0000%	8h	957.03	−0.098%	$107K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	957.88	−0.009%	$9K	$209K	10x	as long as short
Binance LITEUSDTlong	0.0000%	8h	957.97	long leg	$13.7M	$45.2M	25x
Bybit LITEUSDT	0.0000%	8h	957.22	−0.079%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	957.84	−0.014%	$3.8M	$17.9M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	958.28	+0.032%	$8.0M	$6.3M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	957.45	−0.055%	$2.7M	$3.0M	20x	as long as short
Variational Omni LITE	0.0000%	8h	956.83	−0.119%	$241K	$143K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	956.79	−0.124%	$737	$255K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	957.90	−0.008%	$690	$4.2M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LITE-USDT	0.0000%	8h	957.66	−0.033%	$7K	$32K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	958.08	+0.011%	$1.5M	$687K	10x	as long as short
BloFin LITE-USDT	+0.0008%	8h	957.62	−0.037%	$224K	$236K	20x	as long as short
QFEX LITE-USD	+0.0018%	1h	957.83	−0.015%	$1.1M	$5.1M	10x	as long as short
Lighter LITE	+0.0032%	1h	957.02	−0.100%	$27K	$103K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	956.79	−0.124%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	957.66	−0.033%	$31K	$484K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	957.71	−0.027%	$23K	$10K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	957.65	−0.034%	$174K	$157K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	956.98	−0.104%	$516K	$38K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	956.41	−0.163%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	957.55	−0.044%	$931	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	957.54	−0.046%	—	—	10x	as long as short
Coinbase International LITE-PERP-INTX	+0.0120%	1h	956.59	−0.144%	$118K	$337K	10x	as long as short
tradeXYZ xyz:LITE	+0.0197%	1h	958.26	+0.030%	$7.2M	$5.0M	10x	as long as short
edgeX LITEUSDC	+0.0221%	4h	956.92	−0.110%	$68K	$460K	10x	as long as short
Deribit LITE_USDC-PERPETUALshort	+0.0314%	1h	957.73	−0.025%	$18K	$36K	10x