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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: OKX against Coinbase International+0.303%7-day average +0.238% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$490.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.259%+$26 on $10k
Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.303%, 7d avg +0.238%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.065% dearer against Coinbase International than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.238%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX947.41−0.0120get 0.0015% / 1h38m 47s$94K$214K10x
ShortOKX LITE-USDT-SWAP950.280get 0.0000% / 8h38m 47s$3.6M$18.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.303% → +0.238%
$6.51
Slippage, 4 orders
−$29.43
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$17.71
Costs to cover
0.494%
Break-even
11.9 days
Slippage from Coinbase International: live order book, 64 min ago; OKX: live order book, 5 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, 64 min ago8.91 bp15.1 bp −$1521.8 bp −$218doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.00 bp9.1 bp −$920.8 bp −$208doesn'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−0.0146%8h949.38+0.208%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTXlong−0.0120%1h947.41long leg$94K$214K10x
Aster LITEUSDT0.0000%8h949.71+0.243%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h949.70+0.241%$49K$253K10xas long as short
Binance LITEUSDT0.0000%8h949.91+0.264%$12.2M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h950.35+0.310%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAPshort0.0000%8h950.28+0.303%$3.6M$18.6M25x
Gate LITE_USDT0.0000%8h950.41+0.317%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h951.07+0.387%$261K$143Kas long as short
GRVT LITE_USDT_Perp0.0000%8h950.87+0.365%$970$194K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h950.20+0.294%$892$3.7M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h949.07+0.175%$18K$41K10xas long as short
HTX LITE-USDT0.0000%8h950.57+0.334%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h950.22+0.297%$1.5M$736K10xas long as short
QFEX LITE-USD+0.0002%1h950.05+0.279%$1.1M$3.7M10xas long as short
BloFin LITE-USDT+0.0007%8h950.29+0.304%$217K$242K20xas long as short
Lighter LITE+0.0032%1h949.39+0.209%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h949.36+0.206%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h950.42+0.318%$74K$229K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.85+0.258%$33K$353K10xas long as short
SoDEX LITE-USD+0.0075%1h949.80+0.252%$23K$9K10xas long as short
KuCoin LITEUSDTM+0.0100%8h949.70+0.242%$521K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h950.27+0.302%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.27+0.196%$923$3K10xas long as short
Aevo LITE-PERP+0.0104%1h949.32+0.201%10xas long as short
tradeXYZ xyz:LITE+0.0245%1h950.26+0.301%$7.7M$6.0M10xas long as short
edgeX LITEUSDC+0.0743%4h951.07+0.387%$64K$472K10xas long as short