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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.024%
Price spread now: Lighter against Bitget+0.007%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.363% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.297%+$30 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.007%, 7d avg +0.028%
Together, before fees+0.262%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.021% cheaper against Bitget than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.028%). If the spread goes back, that is −$2 on $10k: about 13 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LITEUSDT946.98−0.0098get 0.0098% / 8h0m 14s$2.6M$3.1M20x
ShortLighter LITE947.050.0032get 0.0004% / 1h0m 14s$25K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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
$27.3
Price spread: +0.007% → +0.028%
−$2.07
Slippage, 4 orders
−$24.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$11.08
Costs to cover
0.363%
Break-even
9.8 days
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 10 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 Bitget live order book, 2 min ago2.37 bp15.1 bp −$1532.8 bp −$32861.2 bp −$6,115doesn't fit
Sell Lighter live order book, 10 min ago1.00 bp1.8 bp −$26.1 bp −$61doesn'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−0.0120%1h946.24−0.078%$93K$215K10xas long as short
Bitget LITEUSDTlong−0.0098%8h946.98long leg$2.6M$3.1M20x
BloFin LITE-USDT−0.0020%8h947.55+0.060%$217K$243K20xas long as short
Aster LITEUSDT0.0000%8h948.29+0.139%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h946.64−0.036%$49K$247K10xas long as short
Binance LITEUSDT0.0000%8h946.99+0.001%$12.1M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h947.41+0.045%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h947.03+0.005%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h947.60+0.065%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.25+0.028%$260K$140Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h947.77+0.084%$720$194K10xas long as short
SunX LITE-USDT0.0000%8h947.10+0.013%$850$3.7M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h947.13+0.016%$18K$41K10xas long as short
HTX LITE-USDT0.0000%8h948.16+0.125%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h947.45+0.050%$1.5M$743K10xas long as short
QFEX LITE-USD+0.0002%1h947.20+0.023%$1.1M$3.8M10xas long as short
Lighter LITEshort+0.0032%1h947.05+0.007%$25K$104K10x
Vest LITE-USD-PERP+0.0046%1h946.82−0.017%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h947.48+0.053%$73K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h946.91−0.007%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h947.88+0.095%$32K$353K10xas long as short
KuCoin LITEUSDTM+0.0100%8h946.78−0.021%$519K$59K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.16+0.125%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h946.88−0.011%$920$3K10xas long as short
Aevo LITE-PERP+0.0104%1h946.72−0.028%10xas long as short
tradeXYZ xyz:LITE+0.0212%1h946.91−0.007%$7.7M$5.7M10xas long as short
edgeX LITEUSDC+0.0561%4h947.85+0.091%$63K$473K10xas long as short