Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h +0.032%

Price spread now: ApeX Omni against Gate−0.155%111s7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$690.687% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.171%+$17 on $10k

Price spread, last 3 days (all we have)+0.296%+$30 · spread now −0.155%, 7d avg −0.029%

Together, before fees+0.466%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.126% cheaper against Gate than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.029%). If the spread goes back, that is −$13 on $10k: about 3.0 days of funding at the current rate (+$4 a day). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LITE_USDT	960.63	0	get 0.0000% / 8h	51m 39s	$8.0M	$6.2M	50x
Short	ApeX Omni LITEUSDT	959.14	0.0142	get 0.0018% / 1h	51m 39s	$16K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee ApeX OmnibpOrdersPrice spread, now −0.155%Rate

Funding earned: $29.82
Price spread: −0.155% → −0.029%: −$12.64
Slippage, 4 orders: −$43.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$51.53
Costs to cover: 0.687%
Break-even: 19.1 days

Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	3.59 bp	18.5 bp −$18	48.3 bp −$483	60.3 bp −$6,030	doesn't fit
Sell ApeX Omni live order book, 25 min ago	6.20 bp	17.9 bp −$18	188.4 bp −$1,884	doesn't fit	doesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LITE-PERP-INTX	−0.0064%	1h	958.20	−0.253%	$115K	$243K	10x	as long as short
Aster LITEUSDT	0.0000%	8h	959.79	−0.087%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	959.86	−0.080%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	960.06	−0.059%	$3.8M	$18.0M	25x	as long as short
Gate LITE_USDTlong	0.0000%	8h	960.63	long leg	$8.0M	$6.2M	50x
Bitget LITEUSDT	0.0000%	8h	959.82	−0.084%	$2.8M	$3.1M	20x	as long as short
SunX LITE-USDT	0.0000%	8h	960.00	−0.066%	$716	$4.2M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	960.31	−0.033%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	960.85	+0.023%	$1.5M	$685K	10x	as long as short
Variational Omni LITE	+0.0013%	8h	959.86	−0.080%	$241K	$142K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LITE-USDT	+0.0020%	8h	960.06	−0.059%	$176K	$235K	20x	as long as short
QFEX LITE-USD	+0.0033%	1h	959.88	−0.078%	$1.1M	$5.3M	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	959.39	−0.129%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	959.99	−0.067%	$30K	$489K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	960.05	−0.060%	$175K	$160K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	959.60	−0.107%	$517K	$38K	20x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	960.27	−0.037%	$933	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	960.27	−0.037%	—	—	10x	as long as short
ApeX Omni LITEUSDTshort	+0.0142%	1h	959.14	−0.155%	$16K	$265K	50x
Extended LITE-USD	+0.0160%	1h	959.89	−0.077%	$9K	$209K	10x	as long as short
Binance LITEUSDT	+0.0162%	8h	960.08	−0.057%	$13.7M	$45.1M	25x	as long as short
Lighter LITE	+0.0184%	1h	959.95	−0.071%	$27K	$102K	10x	as long as short
GRVT LITE_USDT_Perp	+0.0270%	8h	960.49	−0.015%	$355	$234K	10x	as long as short
SoDEX LITE-USD	+0.0295%	1h	960.14	−0.051%	$23K	$10K	10x	as long as short
tradeXYZ xyz:LITE	+0.0470%	1h	960.27	−0.037%	$7.2M	$5.0M	10x	as long as short
edgeX LITEUSDC	+0.0756%	4h	960.35	−0.030%	$70K	$459K	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0761%	1h	960.33	−0.031%	$19K	$36K	10x	as long as short