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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Phemex−0.039%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.039% cheaper against Phemex than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LITEUSDT960.940get 0.0000% / 8h6h 22m$1.5M$682K10x
ShortOrderly PERP_LITE_USDC_mythos960.570.0100get 0.0100% / 8h6h 22m$934$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Phemex. 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: −0.039% → 0.000%
−$3.85
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$0.85
Costs to cover
0.180%
Break-even
7.3 days
Slippage unknown: Phemex: live order book, 1 min ago; Orderly: no order-book sample. 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 Phemex live order book, 1 min ago1.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 26 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−0.0232%1h965.50+0.475%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h961.40+0.048%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.60−0.035%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.73−0.022%$3.8M$17.7M25xas long as short
Gate LITE_USDT0.0000%8h961.15+0.022%$8.0M$6.0M50xas long as short
Bitget LITEUSDT0.0000%8h960.37−0.059%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h960.58−0.037%$893$192K10xas long as short
SunX LITE-USDT0.0000%8h960.60−0.035%$728$3.9M10xas long as short
HTX LITE-USDT0.0000%8h960.37−0.059%$7K$32K20xas long as short
Phemex LITEUSDTlong0.0000%8h960.94long leg$1.5M$682K10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0028%1h960.31−0.066%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h960.43−0.053%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.75−0.124%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.60−0.035%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.35−0.165%$168K$163K10xas long as short
SoDEX LITE-USD+0.0084%1h960.45−0.051%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h960.26−0.071%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.38−0.058%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythosshort+0.0100%8h960.57−0.039%$934$3K10x
Aevo LITE-PERP+0.0104%1h960.67−0.028%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0156%1h960.48−0.048%$19K$37K10xas long as short
tradeXYZ xyz:LITE+0.0174%1h960.78−0.017%$7.2M$5.2M10xas long as short
Variational Omni LITE+0.0175%8h961.32+0.039%$266K$147Kas long as short
Binance LITEUSDT+0.0286%8h960.48−0.048%$13.7M$44.0M25xas long as short
Extended LITE-USD+0.0288%1h960.33−0.063%$10K$201K10xas long as short
edgeX LITEUSDC+0.0637%4h960.58−0.037%$70K$454K10xas long as short