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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0606%/8h= −66.3% APRpaid last 24h −0.183%
Price spread now: OKX against edgeX−0.023%71s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.191%−$19 on $10k
Price spread, last 3 days (all we have)−0.213%−$21 · spread now −0.023%, 7d avg +0.020%
Together, before fees−0.404%+ Points / potential airdropedgeX: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and OKX is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 71 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 -0.191% in total (about -10.0% 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 LITEUSDC957.850.0606pay 0.0303% / 4h2h 12m$68K$460K10x
ShortOKX LITE-USDT-SWAP957.630get 0.0000% / 8h2h 12m$3.8M$17.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$127.23
Price spread: −0.023% → +0.020%
−$4.23
Slippage, 4 orders
−$33.49
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$183.95
Costs to cover
0.525%
Break-even
never at this rate
Slippage from edgeX: live order book, 11 min ago; OKX: live order book, 1 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, 11 min ago3.76 bp20.7 bp −$2123.8 bp −$238doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.47 bp9.7 bp −$1042.6 bp −$426doesn'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
BloFin LITE-USDT−0.0028%8h957.75−0.010%$223K$236K20xas long as short
Aster LITEUSDT0.0000%8h957.06−0.082%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h957.87+0.003%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h957.96+0.012%$13.8M$45.3M25xas long as short
Bybit LITEUSDT0.0000%8h957.67−0.018%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAPshort0.0000%8h957.63−0.023%$3.8M$17.9M25x
Gate LITE_USDT0.0000%8h958.23+0.040%$8.0M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h957.58−0.028%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h957.60−0.025%$241K$143Kas long as short
GRVT LITE_USDT_Perp0.0000%8h957.62−0.024%$670$253K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h957.80−0.005%$834$4.2M10xas long as short
HTX LITE-USDT0.0000%8h958.58+0.077%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h958.19+0.036%$1.5M$688K10xas long as short
QFEX LITE-USD+0.0018%1h957.49−0.037%$1.1M$5.2M10xas long as short
Lighter LITE+0.0032%1h957.97+0.013%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.61−0.129%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h957.67−0.018%$29K$489K10xas long as short
SoDEX LITE-USD+0.0050%1h957.73−0.012%$23K$10K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h957.54−0.032%$174K$158K10xas long as short
KuCoin LITEUSDTM+0.0100%8h957.28−0.059%$516K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h958.14+0.031%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h957.91+0.007%$931$3K10xas long as short
Aevo LITE-PERP+0.0104%1h957.77−0.007%10xas long as short
Coinbase International LITE-PERP-INTX+0.0120%1h956.59−0.131%$118K$337K10xas long as short
tradeXYZ xyz:LITE+0.0299%1h958.19+0.036%$7.2M$5.1M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0440%1h957.850.000%$18K$36K10xas long as short
edgeX LITEUSDClong+0.0606%4h957.85long leg$68K$460K10x