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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h +0.097%
Price spread now: tradeXYZ against Coinbase International+0.181%7-day average +0.157% · 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−$50as in the Price arb table
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.181%, 7d avg +0.157%
Together, before fees+0.073%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.024% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.157%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX946.65−0.0072get 0.0009% / 1h15m 56s$92K$212K10x
ShorttradeXYZ xyz:LITE948.360.0107get 0.0013% / 1h15m 56s$7.7M$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$37.66
Price spread: +0.181% → +0.157%
$2.35
Slippage, 4 orders
−$24.04
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$12.02
Costs to cover
0.520%
Break-even
9.2 days
Slippage from Coinbase International: live order book, 27 min ago; tradeXYZ: live order book, 3 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, 27 min ago8.91 bp15.1 bp −$1521.8 bp −$218doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago0.89 bp11.9 bp −$12doesn'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
Bitget LITEUSDT−0.0488%8h947.41+0.080%$2.6M$3.1M20xas long as short
Deribit LITE_USDC-PERPETUAL−0.0477%1h948.05+0.148%$18K$40K10xas long as short
Coinbase International LITE-PERP-INTXlong−0.0072%1h946.65long leg$92K$212K10x
Aster LITEUSDT0.0000%8h947.62+0.102%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.15+0.052%$14K$218K10xas long as short
Binance LITEUSDT0.0000%8h947.39+0.078%$12.1M$49.3M25xas long as short
Bybit LITEUSDT0.0000%8h947.61+0.101%$1.7M$1.9M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h947.14+0.052%$3.5M$18.4M25xas long as short
Gate LITE_USDT0.0000%8h947.81+0.123%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h948.35+0.180%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h949.07+0.256%$788$195K10xas long as short
SunX LITE-USDT0.0000%8h947.90+0.132%$819$3.7M10xas long as short
HTX LITE-USDT0.0000%8h949.90+0.343%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h948.49+0.194%$1.5M$730K10xas long as short
BloFin LITE-USDT+0.0010%8h949.18+0.267%$214K$240K20xas long as short
QFEX LITE-USD+0.0012%1h948.22+0.166%$1.1M$3.6M10xas long as short
Lighter LITE+0.0032%1h948.32+0.176%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.07+0.150%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.26+0.170%$74K$229K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.83+0.336%$32K$349K10xas long as short
KuCoin LITEUSDTM+0.0100%8h947.18+0.056%$520K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.87+0.235%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.29+0.173%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.12+0.155%10xas long as short
tradeXYZ xyz:LITEshort+0.0107%1h948.36+0.181%$7.7M$5.9M10x
SoDEX LITE-USD+0.0273%1h947.97+0.139%$23K$9K10xas long as short
edgeX LITEUSDC+0.0416%4h948.68+0.215%$63K$473K10xas long as short