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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.012%
Price spread now: ApeX Omni against GRVT+0.068%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$560.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.068%, 7d avg −0.010%
Together, before fees−0.030%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.079% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LITE_USDT_Perp956.100get 0.0000% / 8h3h 50m$296$185K10x
ShortApeX Omni LITEUSDT956.750.0100get 0.0013% / 1h50m 10s$16K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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
$21
Price spread: +0.068% → −0.010%
$7.87
Slippage, 4 orders
−$36.55
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.67
Costs to cover
0.555%
Break-even
15.9 days
Slippage from GRVT: live order book, 2 min ago; ApeX Omni: 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 GRVT live order book, 2 min ago2.77 bp9.6 bp −$1022752.0 bp −$227.5K317387.3 bp −$31.74Mdoesn't fit
Sell ApeX Omni live order book, 2 min ago6.12 bp18.0 bp −$18170.5 bp −$1,705doesn'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+0.171%$101K$203K10xas long as short
QFEX LITE-USD−0.0002%1h954.42−0.175%$1.1M$3.8M10xas long as short
Aster LITEUSDT0.0000%8h955.39−0.074%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h954.30−0.188%$17K$218K10xas long as short
Binance LITEUSDT0.0000%8h954.87−0.128%$12.5M$46.7M25xas long as short
Bybit LITEUSDT0.0000%8h955.01−0.114%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h954.76−0.140%$3.7M$17.4M25xas long as short
Gate LITE_USDT0.0000%8h954.91−0.124%$8.0M$6.1M50xas long as short
Bitget LITEUSDT0.0000%8h954.43−0.174%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h955.39−0.073%$261K$153Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perplong0.0000%8h956.10long leg$296$185K10x
SunX LITE-USDT0.0000%8h954.60−0.156%$718$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h954.10−0.209%$18K$39K10xas long as short
HTX LITE-USDT0.0000%8h956.07−0.003%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h954.97−0.118%$1.5M$690K10xas long as short
BloFin LITE-USDT+0.0011%8h955.35−0.078%$223K$234K20xas long as short
Lighter LITE+0.0032%1h954.80−0.135%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h954.52−0.165%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h954.59−0.157%$7.2M$5.4M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h954.59−0.157%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h954.53−0.164%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h955.02−0.112%$48K$291K10xas long as short
KuCoin LITEUSDTM+0.0100%8h954.80−0.135%$524K$43K20xas long as short
ApeX Omni LITEUSDTshort+0.0100%1h956.75+0.068%$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h954.53−0.164%$928$3K10xas long as short
Aevo LITE-PERP+0.0104%1h954.19−0.199%10xas long as short
edgeX LITEUSDC+0.0366%4h955.72−0.039%$68K$452K10xas long as short