Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.003%

Price spread now: Lighter against KuCoin+0.013%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1691.685% of the position

Long on KuCoin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITEUSDTM	949.58	0.0100	pay 0.0100% / 8h	3h 21m	$522K	$43K	20x
Short	Lighter LITE	949.70	0.0032	get 0.0004% / 1h	21m 02s	$25K	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$14.28
Price spread: +0.013% → 0.000%: $1.26
Slippage, 4 orders: −$156.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$181.52
Costs to cover: 1.685%
Break-even: never at this rate

Slippage from KuCoin: live order book, 52 min ago; Lighter: live order book, 13 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 KuCoin live order book, 52 min ago	12.35 bp	53.9 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 13 min ago	0.84 bp	1.9 bp −$2	4.9 bp −$49	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	−0.0224%	1h	957.73	+0.858%	$101K	$203K	10x	as long as short
Bitget LITEUSDT	−0.0112%	8h	949.65	+0.007%	$2.6M	$3.0M	20x	as long as short
BloFin LITE-USDT	−0.0026%	8h	949.92	+0.036%	$222K	$234K	20x	as long as short
QFEX LITE-USD	−0.0002%	1h	949.64	+0.006%	$1.1M	$3.5M	10x	as long as short
Aster LITEUSDT	0.0000%	8h	950.32	+0.078%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	949.58	0.000%	$14K	$223K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	949.84	+0.027%	$12.3M	$47.1M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	949.87	+0.031%	$1.8M	$1.7M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	949.59	+0.001%	$3.7M	$17.5M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	950.18	+0.063%	$7.9M	$6.2M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LITE	0.0000%	8h	949.92	+0.036%	$261K	$154K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	950.82	+0.131%	$304	$184K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	949.90	+0.034%	$712	$3.8M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	949.77	+0.020%	$7K	$32K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	950.40	+0.086%	$1.5M	$700K	10x	as long as short
Lighter LITEshort	+0.0032%	1h	949.70	+0.013%	$25K	$104K	10x
Vest LITE-USD-PERP	+0.0046%	1h	948.95	−0.066%	—	$3K	10x	as long as short
tradeXYZ xyz:LITE	+0.0050%	1h	949.77	+0.020%	$7.2M	$5.5M	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	950.10	+0.055%	$73K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	949.45	−0.014%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	949.70	+0.013%	$34K	$314K	10x	as long as short
KuCoin LITEUSDTMlong	+0.0100%	8h	949.58	long leg	$522K	$43K	20x
ApeX Omni LITEUSDT	+0.0100%	1h	949.52	−0.006%	$16K	$267K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	949.65	+0.007%	$923	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	949.41	−0.018%	—	—	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0319%	1h	950.32	+0.078%	$18K	$39K	10x	as long as short
edgeX LITEUSDC	+0.0883%	4h	949.34	−0.025%	$64K	$456K	10x	as long as short