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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.063%
Price spread now: QFEX against Coinbase International+0.230%7-day average +0.229% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.198%+$20 on $10k
Price spread, last 4 days (all we have)−0.115%−$11 · spread now +0.230%, 7d avg +0.229%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.229%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX957.73−0.0152get 0.0019% / 1h43m 55s$101K$203K10x
ShortQFEX LITE-USD959.930.0000pay 0.0000% / 1h43m 55s$1.1M$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$31.84
Price spread: +0.230% → +0.229%
$0.11
Slippage, 4 orders
−$19.28
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$7.33
Costs to cover
0.393%
Break-even
8.6 days
Slippage from Coinbase International: live order book, 14 min ago; QFEX: 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, 14 min ago5.73 bp11.5 bp −$1220.7 bp −$207doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago1.82 bp8.6 bp −$913.5 bp −$135doesn'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-INTXlong−0.0152%1h957.73long leg$101K$203K10x
QFEX LITE-USDshort0.0000%1h959.93+0.230%$1.1M$4.2M10x
Aster LITEUSDT0.0000%8h960.92+0.333%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.42+0.281%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.20+0.258%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.98+0.339%$8.1M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h960.43+0.282%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h959.53+0.188%$266K$147Kas long as short
GRVT LITE_USDT_Perp0.0000%8h959.79+0.215%$298$185K10xas long as short
SunX LITE-USDT0.0000%8h960.30+0.268%$594$3.8M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LITE_USDC-PERPETUAL0.0000%1h960.01+0.238%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h960.04+0.241%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.49+0.288%$1.5M$689K10xas long as short
BloFin LITE-USDT+0.0008%8h959.58+0.193%$225K$236K20xas long as short
Binance LITEUSDT+0.0015%8h960.85+0.326%$12.6M$46.6M25xas long as short
Extended LITE-USD+0.0016%1h960.55+0.294%$9K$212K10xas long as short
Lighter LITE+0.0032%1h959.82+0.218%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.78+0.214%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.28+0.266%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.88+0.224%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.98+0.131%$48K$292K10xas long as short
tradeXYZ xyz:LITE+0.0083%1h960.62+0.302%$7.2M$5.4M10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.86+0.222%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.78+0.214%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.04+0.241%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.82+0.218%10xas long as short
edgeX LITEUSDC+0.0294%4h959.77+0.213%$70K$453K10xas long as short