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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h +0.053%
Price spread now: Extended against Coinbase International+0.135%7-day average +0.229% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.247%+$25 on $10k
Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.135%, 7d avg +0.229%
Together, before fees+0.225%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.094% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.229%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.247%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX956.590.0120pay 0.0015% / 1h25m 30s$118K$337K10x
ShortExtended LITE-USD957.890get 0.0000% / 1h25m 30s$9K$209K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
−$25.2
Price spread: +0.135% → +0.229%
−$9.36
Slippage, 4 orders
−$35.39
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$84.95
Costs to cover
0.504%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 62 min ago; Extended: live order book, 61 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 Coinbase International live order book, 62 min ago8.74 bp14.1 bp −$1420.0 bp −$200doesn't fitdoesn't fit
Sell Extended live order book, 61 min ago1.73 bp11.8 bp −$12118.5 bp −$1,185doesn'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
Aster LITEUSDT0.0000%8h957.01+0.044%$107K$17K20xas long as short
Extended LITE-USDshort0.0000%1h957.89+0.135%$9K$209K10x
Binance LITEUSDT0.0000%8h957.93+0.140%$13.7M$45.2M25xas long as short
Bybit LITEUSDT0.0000%8h957.20+0.064%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h957.84+0.131%$3.8M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h958.25+0.174%$8.0M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h957.45+0.090%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h956.83+0.025%$241K$143Kas long as short
GRVT LITE_USDT_Perp0.0000%8h957.84+0.131%$709$254K10xas long as short
SunX LITE-USDT0.0000%8h957.90+0.137%$690$4.2M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LITE-USDT0.0000%8h957.66+0.112%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h958.08+0.156%$1.5M$687K10xas long as short
BloFin LITE-USDT+0.0008%8h957.62+0.108%$224K$236K20xas long as short
QFEX LITE-USD+0.0018%1h957.62+0.108%$1.1M$5.1M10xas long as short
Lighter LITE+0.0032%1h957.09+0.052%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.91+0.033%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h957.71+0.117%$31K$484K10xas long as short
SoDEX LITE-USD+0.0050%1h957.71+0.117%$23K$10K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h957.65+0.111%$174K$157K10xas long as short
KuCoin LITEUSDTM+0.0100%8h957.06+0.049%$516K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h957.70+0.116%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h957.59+0.105%$931$3K10xas long as short
Aevo LITE-PERP+0.0104%1h957.54+0.099%10xas long as short
Coinbase International LITE-PERP-INTXlong+0.0120%1h956.59long leg$118K$337K10x
tradeXYZ xyz:LITE+0.0213%1h958.38+0.187%$7.2M$5.1M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0314%1h957.73+0.119%$18K$36K10xas long as short
edgeX LITEUSDC+0.0776%4h957.28+0.072%$68K$458K10xas long as short