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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Lighter+0.055%7-day average +0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now +0.055%, 7d avg +0.001%
Together, before fees+0.051%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.054% dearer against Lighter than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.001%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LITE942.480.0032pay 0.0004% / 1h34m 54s$24K$104K10x
ShortVariational Omni LITE942.990get 0.0000% / 8h1h 34m$259K$154K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.055% → +0.001%
$5.36
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$1.36
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 54 min ago; Variational Omni: RFQ quote, 9 min ago. Net counts fees only.

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, 54 min ago1.38 bp31.5 bp −$3155.1 bp −$551doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 9 min ago4.99 bpdoesn't fit53.9 bp −$539doesn'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−0.0671%8h943.02+0.057%$2.6M$3.1M20xas long as short
Deribit LITE_USDC-PERPETUAL−0.0249%1h942.07−0.044%$18K$40K10xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65+0.442%$92K$212K10xas long as short
BloFin LITE-USDT−0.0010%8h942.61+0.014%$216K$237K20xas long as short
Aster LITEUSDT0.0000%8h942.83+0.037%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h942.47−0.001%$14K$220K10xas long as short
Binance LITEUSDT0.0000%8h942.69+0.022%$12.0M$49.2M25xas long as short
Bybit LITEUSDT0.0000%8h942.66+0.019%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h942.85+0.039%$3.5M$18.2M25xas long as short
Gate LITE_USDT0.0000%8h943.07+0.063%$7.9M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITEshort0.0000%8h942.99+0.055%$259K$154K
GRVT LITE_USDT_Perp0.0000%8h943.27+0.084%$849$194K10xas long as short
SunX LITE-USDT0.0000%8h942.50+0.002%$969$3.8M10xas long as short
HTX LITE-USDT0.0000%8h944.04+0.166%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h943.10+0.066%$1.5M$723K10xas long as short
QFEX LITE-USD+0.0012%1h941.93−0.058%$1.1M$3.5M10xas long as short
Lighter LITElong+0.0032%1h942.48long leg$24K$104K10x
Vest LITE-USD-PERP+0.0046%1h941.83−0.069%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h942.08−0.042%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h942.49+0.001%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h942.21−0.029%$32K$346K10xas long as short
tradeXYZ xyz:LITE+0.0082%1h942.79+0.033%$7.5M$5.8M10xas long as short
KuCoin LITEUSDTM+0.0100%8h942.63+0.016%$517K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h942.93+0.048%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h942.56+0.008%$916$3K10xas long as short
Aevo LITE-PERP+0.0104%1h942.42−0.006%10xas long as short
edgeX LITEUSDC+0.0334%4h942.84+0.038%$60K$470K10xas long as short