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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.048%
Price spread now: SunX against Coinbase International−0.191%7-day average +0.242% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 4 days (all we have)+0.301%+$30 · spread now −0.191%, 7d avg +0.242%
Together, before fees+0.464%+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.433% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.191% now, against its 7-day average of +0.242%). If the spread goes back, that is −$43 on $10k: about 6.4 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.163% in total) that is about 19 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX957.73−0.0224get 0.0028% / 1h52m 28s$101K$203K10x
ShortSunX LITE-USDT955.900get 0.0000% / 8h3h 52m$699$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$47.04
Price spread: −0.191% → +0.242%
−$43.33
Slippage, 4 orders
−$128.19
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$142.48
Costs to cover
1.462%
Break-even
28.2 days
Slippage from Coinbase International: live order book, just now; SunX: live order book, 6 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, just now3.40 bp9.9 bp −$1018.6 bp −$186doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago45.43 bp63.6 bp −$64doesn't fitdoesn'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−0.0224%1h957.73long leg$101K$203K10x
QFEX LITE-USD−0.0002%1h956.12−0.168%$1.1M$3.8M10xas long as short
Aster LITEUSDT0.0000%8h957.96+0.024%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h955.69−0.213%$18K$218K10xas long as short
Binance LITEUSDT0.0000%8h955.66−0.216%$12.5M$46.7M25xas long as short
Bybit LITEUSDT0.0000%8h955.78−0.204%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h955.62−0.220%$3.7M$17.4M25xas long as short
Gate LITE_USDT0.0000%8h956.48−0.131%$8.0M$6.1M50xas long as short
Bitget LITEUSDT0.0000%8h955.59−0.223%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h956.42−0.137%$262K$153Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h957.49−0.025%$297$184K10xas long as short
SunX LITE-USDTshort0.0000%8h955.90−0.191%$699$3.8M10x
Deribit LITE_USDC-PERPETUAL0.0000%1h955.65−0.217%$18K$39K10xas long as short
HTX LITE-USDT0.0000%8h955.94−0.187%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h956.15−0.165%$1.5M$690K10xas long as short
BloFin LITE-USDT+0.0025%8h956.03−0.178%$223K$235K20xas long as short
Lighter LITE+0.0032%1h956.00−0.181%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h955.74−0.208%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h955.93−0.188%$7.2M$5.4M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h955.92−0.189%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h955.87−0.194%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h954.66−0.321%$48K$291K10xas long as short
KuCoin LITEUSDTM+0.0100%8h956.19−0.161%$524K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h955.86−0.195%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h955.83−0.198%$929$3K10xas long as short
Aevo LITE-PERP+0.0104%1h955.68−0.214%10xas long as short
edgeX LITEUSDC+0.0286%4h955.86−0.195%$68K$451K10xas long as short