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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.032%
Price spread now: Aster against Lighter+0.064%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.417%−$42 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.064%, 7d avg +0.031%
Together, before fees−0.438%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.033% dearer against Lighter than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.031%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.417% in total) that is about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LITE942.390.0032pay 0.0004% / 1h21m 48s$24K$104K10x
ShortAster LITEUSDT943.000get 0.0000% / 8h2h 21m$106K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
−$6.72
Price spread: +0.064% → +0.031%
$3.32
Slippage, 4 orders
−$183.19
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$194.59
Costs to cover
1.912%
Break-even
never at this rate
Slippage from Lighter: live order book, 7 min ago; Aster: live order book, 24 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 Lighter live order book, 7 min ago1.38 bp31.5 bp −$3155.1 bp −$551doesn't fitdoesn't fit
Sell Aster live order book, 24 min ago46.80 bp67.6 bp −$68doesn't fitdoesn'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
Bitget LITEUSDT−0.0806%8h942.61+0.023%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h941.39−0.106%$95K$208K10xas long as short
BloFin LITE-USDT−0.0009%8h941.84−0.058%$219K$235K20xas long as short
QFEX LITE-USD0.0000%1h941.37−0.108%$1.1M$3.5M10xas long as short
Aster LITEUSDTshort0.0000%8h943.00+0.064%$106K$17K20x
Extended LITE-USD0.0000%1h942.46+0.008%$14K$219K10xas long as short
Binance LITEUSDT0.0000%8h942.40+0.001%$12.1M$48.7M25xas long as short
Bybit LITEUSDT0.0000%8h942.69+0.032%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h942.00−0.041%$3.6M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h942.84+0.048%$7.9M$6.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h940.56−0.194%$258K$154Kas long as short
GRVT LITE_USDT_Perp0.0000%8h941.44−0.101%$828$193K10xas long as short
SunX LITE-USDT0.0000%8h942.30−0.010%$657$3.8M10xas long as short
HTX LITE-USDT0.0000%8h941.90−0.052%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h943.08+0.073%$1.5M$711K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0005%1h941.34−0.111%$18K$40K10xas long as short
edgeX LITEUSDC+0.0011%4h940.46−0.205%$59K$467K10xas long as short
Lighter LITElong+0.0032%1h942.39long leg$24K$104K10x
Vest LITE-USD-PERP+0.0046%1h940.86−0.162%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h941.79−0.064%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h941.52−0.092%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h940.99−0.149%$32K$339K10xas long as short
KuCoin LITEUSDTM+0.0100%8h942.11−0.030%$517K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h940.00−0.254%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h941.29−0.117%$915$3K10xas long as short
Aevo LITE-PERP+0.0104%1h941.24−0.122%10xas long as short
tradeXYZ xyz:LITE+0.0151%1h942.85+0.049%$7.5M$5.8M10xas long as short