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+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.040%
Price spread now: GRVT against BloFin+0.124%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.124%, 7d avg −0.012%
Together, before fees−0.041%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.136% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LITE-USDT942.76−0.0011get 0.0011% / 8h2h 14m$218K$235K20x
ShortGRVT LITE_USDT_Perp943.930get 0.0000% / 8h2h 14m$680$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
$2.29
Price spread: +0.124% → −0.012%
$13.61
Slippage, 4 orders
−$22.87
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$27.97
Costs to cover
0.439%
Break-even
92.5 days
Slippage from BloFin: live order book, 67 min ago; GRVT: live order book, 33 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 BloFin live order book, 67 min ago0.53 bp12.8 bp −$1316.0 bp −$160doesn't fitdoesn't fit
Sell GRVT live order book, 33 min ago1.69 bp13.3 bp −$13doesn'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−0.0799%8h944.11+0.143%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h941.39−0.145%$95K$208K10xas long as short
BloFin LITE-USDTlong−0.0011%8h942.76long leg$218K$235K20x
QFEX LITE-USD0.0000%1h943.55+0.084%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h944.01+0.132%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h944.19+0.152%$14K$219K10xas long as short
Binance LITEUSDT0.0000%8h944.16+0.149%$12.1M$48.9M25xas long as short
Bybit LITEUSDT0.0000%8h943.84+0.115%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h945.00+0.238%$3.6M$18.1M25xas long as short
Gate LITE_USDT0.0000%8h944.76+0.212%$7.9M$6.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h942.67−0.009%$259K$154Kas long as short
GRVT LITE_USDT_Perpshort0.0000%8h943.93+0.124%$680$194K10x
SunX LITE-USDT0.0000%8h943.00+0.025%$468$3.8M10xas long as short
HTX LITE-USDT0.0000%8h943.52+0.081%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h943.37+0.065%$1.5M$713K10xas long as short
Lighter LITE+0.0032%1h943.33+0.060%$24K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h942.68−0.008%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h943.93+0.124%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h943.78+0.108%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h943.79+0.109%$32K$341K10xas long as short
KuCoin LITEUSDTM+0.0100%8h943.84+0.115%$518K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h943.44+0.072%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h944.15+0.147%$918$3K10xas long as short
Aevo LITE-PERP+0.0104%1h944.11+0.143%10xas long as short
edgeX LITEUSDC+0.0136%4h943.47+0.075%$60K$470K10xas long as short
tradeXYZ xyz:LITE+0.0165%1h943.94+0.125%$7.5M$5.8M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0280%1h944.59+0.194%$18K$40K10xas long as short