Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%

Price spread now: OKX against QFEX+0.011%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on QFEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.011%, 7d avg +0.052%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.041% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX LITE-USD	960.75	0.0033	pay 0.0004% / 1h	25m 22s	$1.1M	$5.3M	10x
Short	OKX LITE-USDT-SWAP	960.86	0	get 0.0000% / 8h	25m 22s	$3.8M	$18.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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 QFEXbpFee OKXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$6.92
Price spread: +0.011% → +0.052%: −$4.06
Slippage, 4 orders: −$14.13
Fee QFEX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$45.1
Costs to cover: 0.341%
Break-even: never at this rate

Slippage from QFEX: live order book, 3 min ago; OKX: live order book, 3 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 QFEX live order book, 3 min ago	1.51 bp	8.2 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.72 bp	8.3 bp −$8	17.4 bp −$174	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	−0.0064%	1h	958.20	−0.265%	$115K	$228K	10x	as long as short
BloFin LITE-USDT	−0.0010%	8h	961.00	+0.026%	$224K	$235K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	960.75	0.000%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	960.90	+0.016%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAPshort	0.0000%	8h	960.86	+0.011%	$3.8M	$18.0M	25x
Gate LITE_USDT	0.0000%	8h	961.53	+0.081%	$8.0M	$6.2M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	960.58	−0.018%	$2.8M	$3.1M	20x	as long as short
SunX LITE-USDT	0.0000%	8h	960.80	+0.005%	$674	$4.2M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	960.70	−0.005%	$19K	$37K	10x	as long as short
HTX LITE-USDT	0.0000%	8h	961.22	+0.049%	$7K	$31K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITEUSDT	0.0000%	8h	961.35	+0.062%	$1.5M	$684K	10x	as long as short
QFEX LITE-USDlong	+0.0033%	1h	960.75	long leg	$1.1M	$5.3M	10x
Vest LITE-USD-PERP	+0.0046%	1h	960.42	−0.034%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	960.94	+0.020%	$30K	$490K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	959.79	−0.100%	$175K	$160K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	960.28	−0.049%	$517K	$38K	20x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	960.94	+0.020%	$934	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	961.11	+0.038%	—	—	10x	as long as short
Lighter LITE	+0.0152%	1h	961.02	+0.028%	$27K	$102K	10x	as long as short
SoDEX LITE-USD	+0.0191%	1h	961.03	+0.029%	$23K	$10K	10x	as long as short
Variational Omni LITE	+0.0196%	8h	960.73	−0.002%	$241K	$142K	—	as long as short
Extended LITE-USD	+0.0312%	1h	960.73	−0.002%	$9K	$209K	10x	as long as short
Binance LITEUSDT	+0.0315%	8h	960.97	+0.023%	$13.8M	$45.1M	25x	as long as short
GRVT LITE_USDT_Perp	+0.0411%	8h	960.99	+0.025%	$894	$227K	10x	as long as short
tradeXYZ xyz:LITE	+0.0482%	1h	961.50	+0.078%	$7.2M	$5.1M	10x	as long as short
ApeX Omni LITEUSDT	+0.0499%	1h	961.09	+0.035%	$16K	$265K	50x	as long as short
edgeX LITEUSDC	+0.0969%	4h	960.71	−0.004%	$70K	$458K	10x	as long as short