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

LITE

RWAall LITE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.079%
Price spread now: edgeX against Bybit−0.067%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$600.597% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.202%+$20 on $10k
Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.067%, 7d avg +0.029%
Together, before fees+0.568%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.096% cheaper against Bybit than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.029%). If the spread goes back, that is −$10 on $10k: about 26 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.202% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.202% in total (about 10.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITEUSDT960.410get 0.0000% / 8h4h 43m$1.9M$1.7M25x
ShortedgeX LITEUSDC959.770.0294get 0.0147% / 4h43m 11s$70K$453K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$61.83
Price spread: −0.067% → +0.029%
−$9.62
Slippage, 4 orders
−$39.7
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$7.48
Costs to cover
0.597%
Break-even
7.8 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 15 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 Bybit live order book, 3 min ago3.28 bp13.9 bp −$1476.6 bp −$766doesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago3.65 bp8.3 bp −$810.8 bp −$108doesn'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−0.0152%1h957.73−0.279%$101K$203K10xas long as short
QFEX LITE-USD0.0000%1h960.16−0.026%$1.1M$4.2M10xas long as short
Aster LITEUSDT0.0000%8h961.21+0.083%$108K$17K20xas long as short
Bybit LITEUSDTlong0.0000%8h960.41long leg$1.9M$1.7M25x
OKX LITE-USDT-SWAP0.0000%8h960.82+0.043%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h961.02+0.064%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h960.45+0.004%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h959.53−0.091%$266K$147Kas long as short
GRVT LITE_USDT_Perp0.0000%8h959.80−0.064%$326$185K10xas long as short
SunX LITE-USDT0.0000%8h960.50+0.009%$669$3.8M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LITE_USDC-PERPETUAL0.0000%1h960.65+0.025%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h960.04−0.039%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.77+0.037%$1.5M$689K10xas long as short
Binance LITEUSDT+0.0013%8h960.72+0.032%$12.6M$46.6M25xas long as short
Extended LITE-USD+0.0016%1h960.43+0.002%$9K$212K10xas long as short
BloFin LITE-USDT+0.0024%8h960.55+0.015%$225K$236K20xas long as short
Lighter LITE+0.0032%1h960.76+0.036%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.91−0.052%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.61+0.021%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h960.32−0.009%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.98−0.149%$48K$292K10xas long as short
tradeXYZ xyz:LITE+0.0092%1h960.66+0.026%$7.2M$5.4M10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.75−0.069%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.77−0.067%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.50+0.009%$934$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.33−0.008%10xas long as short
edgeX LITEUSDCshort+0.0294%4h959.77−0.067%$70K$453K10x