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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.114%
Price spread now: tradeXYZ against edgeX+0.135%86s7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.569% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.220%−$22 on $10k
Price spread, last 4 days (all we have)−0.752%−$75 · spread now +0.135%, 7d avg −0.075%
Together, before fees−0.972%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$97 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.209% dearer against edgeX than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.075%): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.9 days. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LITEUSDC959.350.0354pay 0.0177% / 4h2h 16m$70K$455K10x
ShorttradeXYZ xyz:LITE960.640.0175get 0.0022% / 1h16m 04s$7.2M$5.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$37.64
Price spread: +0.135% → −0.075%
$20.95
Slippage, 4 orders
−$29.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$73.61
Costs to cover
0.569%
Break-even
never at this rate
Slippage from edgeX: live order book, 53 min ago; tradeXYZ: live order book, 2 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, 53 min ago5.07 bp15.0 bp −$1517.6 bp −$176doesn't fitdoesn't fit
Sell tradeXYZ live order book, 2 min ago1.20 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit

LITE on 26 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−0.0232%1h965.50+0.641%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h961.14+0.186%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.52+0.122%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.24+0.093%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.90+0.162%$8.0M$6.0M50xas long as short
Bitget LITEUSDT0.0000%8h960.27+0.096%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h959.38+0.003%$892$192K10xas long as short
SunX LITE-USDT0.0000%8h960.40+0.110%$648$3.9M10xas long as short
HTX LITE-USDT0.0000%8h960.68+0.139%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.47+0.117%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0028%1h960.13+0.081%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h960.24+0.093%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.87+0.054%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.44+0.114%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.39+0.004%$167K$165K10xas long as short
SoDEX LITE-USD+0.0078%1h960.23+0.092%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h960.31+0.100%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.36+0.001%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.44+0.114%$934$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.39+0.108%10xas long as short
Variational Omni LITE+0.0154%8h960.29+0.098%$266K$147Kas long as short
tradeXYZ xyz:LITEshort+0.0175%1h960.64+0.135%$7.2M$5.2M10x
Deribit LITE_USDC-PERPETUAL+0.0219%1h960.16+0.085%$19K$37K10xas long as short
Extended LITE-USD+0.0272%1h960.36+0.106%$10K$201K10xas long as short
Binance LITEUSDT+0.0273%8h960.55+0.126%$13.7M$44.0M25xas long as short
edgeX LITEUSDClong+0.0354%4h959.35long leg$70K$455K10x