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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0423%/8h= −46.3% APRpaid last 24h −0.080%
Price spread now: KuCoin against edgeX−0.272%53s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1951.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.272%, 7d avg −0.020%
Together, before fees+0.054%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.252% cheaper against edgeX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 53 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 -0.053% in total (about -2.8% 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 LITEUSDC952.490.0523pay 0.0261% / 4h3h 22m$66K$454K10x
ShortKuCoin LITEUSDTM949.900.0100get 0.0100% / 8h3h 22m$521K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$88.8
Price spread: −0.272% → −0.020%
−$25.19
Slippage, 4 orders
−$173.75
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$308.75
Costs to cover
1.947%
Break-even
never at this rate
Slippage from edgeX: live order book, 31 min ago; KuCoin: live order book, 51 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, 31 min ago3.82 bp8.5 bp −$911.5 bp −$115doesn't fitdoesn't fit
Sell KuCoin live order book, 51 min ago12.35 bp110.1 bp −$110doesn'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-INTX−0.0224%1h957.73+0.550%$101K$203K10xas long as short
Bitget LITEUSDT−0.0097%8h948.96−0.371%$2.6M$2.9M20xas long as short
QFEX LITE-USD−0.0002%1h948.91−0.376%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h950.75−0.182%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h949.05−0.361%$14K$223K10xas long as short
Binance LITEUSDT0.0000%8h949.58−0.306%$12.3M$47.1M25xas long as short
Bybit LITEUSDT0.0000%8h949.22−0.344%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h948.87−0.380%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h949.43−0.321%$7.9M$6.2M50xas long as short
Variational Omni LITE0.0000%8h950.36−0.223%$261K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h950.82−0.176%$304$184K10xas long as short
SunX LITE-USDT0.0000%8h949.50−0.314%$988$3.8M10xas long as short
HTX LITE-USDT0.0000%8h949.77−0.286%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h949.80−0.283%$1.5M$699K10xas long as short
BloFin LITE-USDT+0.0024%8h949.67−0.296%$221K$234K20xas long as short
Lighter LITE+0.0032%1h949.03−0.363%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.64−0.404%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h949.38−0.327%$7.2M$5.5M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.57−0.307%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h949.24−0.341%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.58−0.306%$34K$311K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0066%1h948.69−0.399%$18K$39K10xas long as short
KuCoin LITEUSDTMshort+0.0100%8h949.90−0.272%$521K$43K20x
ApeX Omni LITEUSDT+0.0100%1h951.75−0.078%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.51−0.313%$923$3K10xas long as short
Aevo LITE-PERP+0.0104%1h949.26−0.339%10xas long as short
edgeX LITEUSDClong+0.0523%4h952.49long leg$66K$454K10x