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

LITE

RWAall LITE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.054%
Price spread now: tradeXYZ against Phemex−0.036%7-day average −0.108% · 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 7 days+0.108%+$11 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.036%, 7d avg −0.108%
Together, before fees+0.254%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.071% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LITEUSDT960.480get 0.0000% / 8h5h 02m$1.5M$687K10x
ShorttradeXYZ xyz:LITE960.130.0182get 0.0023% / 1h2m 05s$7.2M$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$38.17
Price spread: −0.036% → −0.108%
$7.13
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$15.29
Costs to cover
0.300%
Break-even
4.2 days
Slippage unknown: Phemex: live order book, 1 min ago; tradeXYZ: live order book, 6 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 Phemex live order book, 1 min ago2.03 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.31 bp10.2 bp −$10doesn'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
Coinbase International LITE-PERP-INTX−0.0144%1h957.73−0.286%$101K$203K10xas long as short
Aster LITEUSDT0.0000%8h960.21−0.028%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.16−0.033%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.40−0.008%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.53+0.005%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.37−0.116%$2.6M$2.9M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h960.08−0.042%$288$186K10xas long as short
SunX LITE-USDT0.0000%8h960.20−0.029%$1K$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.97−0.053%$19K$37K10xas long as short
HTX LITE-USDT0.0000%8h960.09−0.041%$7K$32K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDTlong0.0000%8h960.48long leg$1.5M$687K10x
Variational Omni LITE+0.0001%8h959.52−0.100%$266K$147Kas long as short
BloFin LITE-USDT+0.0002%8h959.57−0.095%$224K$236K20xas long as short
QFEX LITE-USD+0.0008%1h959.70−0.081%$1.1M$4.5M10xas long as short
Lighter LITE+0.0032%1h960.19−0.030%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.86−0.065%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.13−0.036%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.88−0.062%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.09−0.145%$71K$268K10xas long as short
Extended LITE-USD+0.0064%1h960.03−0.047%$13K$207K10xas long as short
Binance LITEUSDT+0.0065%8h960.22−0.027%$12.7M$46.6M25xas long as short
KuCoin LITEUSDTM+0.0100%8h959.51−0.101%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.11−0.039%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.85−0.066%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.69−0.083%10xas long as short
edgeX LITEUSDC+0.0123%4h959.71−0.080%$69K$453K10xas long as short
tradeXYZ xyz:LITEshort+0.0182%1h960.13−0.036%$7.2M$5.4M10x