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−0.0797%/8h= −87.2% APRpaid last 24h −0.036%
Price spread now: Binance against edgeX+0.006%100s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)+0.224%+$22 · spread now +0.006%, 7d avg +0.008%
Together, before fees+0.114%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$24 a day on $10k at the current rate. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LITEUSDC958.120.0797pay 0.0398% / 4h3h 57m$69K$452K10x
ShortBinance LITEUSDT958.180get 0.0000% / 8h3h 57m$12.6M$46.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
−$167.29
Price spread: +0.006% → +0.008%
−$0.2
Slippage, 4 orders
−$29.09
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$215.59
Costs to cover
0.481%
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; Binance: live order book, 14 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 edgeX live order book, 61 min ago3.65 bp23.3 bp −$2326.4 bp −$264doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.05 bp9.3 bp −$920.9 bp −$20989.1 bp −$8,912doesn'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-INTX−0.0224%1h957.73−0.040%$101K$203K10xas long as short
BloFin LITE-USDT−0.0017%8h958.04−0.008%$223K$235K20xas long as short
QFEX LITE-USD−0.0002%1h957.53−0.061%$1.1M$3.9M10xas long as short
Aster LITEUSDT0.0000%8h959.30+0.124%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h957.98−0.014%$18K$220K10xas long as short
Binance LITEUSDTshort0.0000%8h958.18+0.006%$12.6M$46.7M25x
Bybit LITEUSDT0.0000%8h958.27+0.016%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h957.94−0.019%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h958.26+0.015%$8.0M$6.1M50xas long as short
Bitget LITEUSDT0.0000%8h957.67−0.047%$2.6M$2.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h958.27+0.016%$262K$153Kas long as short
GRVT LITE_USDT_Perp0.0000%8h958.98+0.090%$297$184K10xas long as short
SunX LITE-USDT0.0000%8h957.90−0.023%$690$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h957.51−0.063%$19K$39K10xas long as short
HTX LITE-USDT0.0000%8h957.93−0.020%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h958.21+0.010%$1.5M$690K10xas long as short
Lighter LITE+0.0032%1h957.38−0.077%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h957.49−0.066%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h957.91−0.022%$7.2M$5.4M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h957.79−0.034%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h957.37−0.078%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h957.70−0.044%$48K$291K10xas long as short
KuCoin LITEUSDTM+0.0100%8h957.99−0.013%$525K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h958.73+0.064%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h957.68−0.046%$931$3K10xas long as short
Aevo LITE-PERP+0.0104%1h957.46−0.069%10xas long as short
edgeX LITEUSDClong+0.0797%4h958.12long leg$69K$452K10x