Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.082%

Price spread now: Orderly against Coinbase International+0.108%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.108% dearer against Coinbase International than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LITE-PERP-INTX	956.59	0.0120	pay 0.0015% / 1h	23m 30s	$118K	$337K	10x
Short	Orderly PERP_LITE_USDC_mythos	957.62	0.0100	get 0.0100% / 8h	2h 23m	$931	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee OrderlybpOrdersPrice spread, now +0.108%Rate

Funding earned: −$4.2
Price spread: +0.108% → 0.000%: $10.77
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$9.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 64 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 64 min ago	8.74 bp	14.1 bp −$14	20.0 bp −$200	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LITEUSDT	0.0000%	8h	957.03	+0.046%	$107K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	957.58	+0.103%	$9K	$209K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	957.69	+0.115%	$13.7M	$45.2M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	957.75	+0.121%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	957.39	+0.084%	$3.8M	$17.9M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	958.09	+0.157%	$8.0M	$6.3M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	957.30	+0.074%	$2.7M	$3.0M	20x	as long as short
Variational Omni LITE	0.0000%	8h	957.97	+0.144%	$241K	$143K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	957.84	+0.131%	$709	$254K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	957.60	+0.106%	$677	$4.2M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LITE-USDT	0.0000%	8h	957.88	+0.135%	$7K	$32K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	958.17	+0.165%	$1.5M	$687K	10x	as long as short
QFEX LITE-USD	+0.0018%	1h	957.54	+0.099%	$1.1M	$5.1M	10x	as long as short
BloFin LITE-USDT	+0.0024%	8h	957.73	+0.119%	$223K	$236K	20x	as long as short
Lighter LITE	+0.0032%	1h	957.37	+0.082%	$27K	$103K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	956.93	+0.036%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	957.53	+0.098%	$31K	$484K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	957.58	+0.103%	$23K	$10K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	957.65	+0.111%	$174K	$157K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	957.14	+0.057%	$516K	$38K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	957.70	+0.116%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythosshort	+0.0100%	8h	957.62	+0.108%	$931	$3K	10x
Aevo LITE-PERP	+0.0104%	1h	957.59	+0.104%	—	—	10x	as long as short
Coinbase International LITE-PERP-INTXlong	+0.0120%	1h	956.59	long leg	$118K	$337K	10x
tradeXYZ xyz:LITE	+0.0236%	1h	958.33	+0.182%	$7.2M	$5.1M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0283%	1h	957.70	+0.116%	$18K	$36K	10x	as long as short
edgeX LITEUSDC	+0.0776%	4h	957.28	+0.072%	$68K	$458K	10x	as long as short