Funding arb · Price arb /

LITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.052%

Price spread now: Bybit against SoDEX+0.078%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Bybit is 0.078% dearer against SoDEX than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LITE-USD	945.24	0.0076	pay 0.0010% / 1h	12m 15s	$23K	$9K	10x
Short	Bybit LITEUSDT	945.98	0	get 0.0000% / 8h	2h 12m	$1.8M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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 SoDEXbpFee BybitbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$15.97
Price spread: +0.078% → 0.000%: $7.83
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$27.14
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	3.82 bp	11.4 bp −$11	85.7 bp −$857	doesn't fit	doesn't fit

SoDEX: 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 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
Bitget LITEUSDT	−0.0786%	8h	946.09	+0.090%	$2.6M	$3.1M	20x	as long as short
Coinbase International LITE-PERP-INTX	−0.0072%	1h	941.39	−0.407%	$95K	$208K	10x	as long as short
QFEX LITE-USD	0.0000%	1h	945.63	+0.041%	$1.1M	$3.5M	10x	as long as short
Aster LITEUSDT	0.0000%	8h	945.43	+0.020%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	945.73	+0.052%	$14K	$219K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	946.14	+0.095%	$12.1M	$48.9M	25x	as long as short
Bybit LITEUSDTshort	0.0000%	8h	945.98	+0.078%	$1.8M	$1.8M	25x
OKX LITE-USDT-SWAP	0.0000%	8h	946.45	+0.128%	$3.6M	$18.1M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	946.44	+0.127%	$7.9M	$6.5M	50x	as long as short
Variational Omni LITE	0.0000%	8h	942.67	−0.271%	$259K	$154K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LITE_USDT_Perp	0.0000%	8h	943.26	−0.209%	$679	$194K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	945.70	+0.049%	$469	$3.8M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	945.92	+0.072%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	946.95	+0.181%	$1.5M	$713K	10x	as long as short
BloFin LITE-USDT	+0.0003%	8h	945.27	+0.003%	$218K	$236K	20x	as long as short
Lighter LITE	+0.0032%	1h	946.14	+0.095%	$25K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	944.70	−0.057%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	946.00	+0.080%	$73K	$228K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	943.79	−0.153%	$32K	$341K	10x	as long as short
SoDEX LITE-USDlong	+0.0076%	1h	945.24	long leg	$23K	$9K	10x
KuCoin LITEUSDTM	+0.0100%	8h	945.08	−0.017%	$519K	$43K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	943.41	−0.194%	$16K	$266K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	945.45	+0.022%	$919	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	945.16	−0.009%	—	—	10x	as long as short
edgeX LITEUSDC	+0.0106%	4h	942.72	−0.267%	$60K	$471K	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0120%	1h	946.17	+0.098%	$18K	$40K	10x	as long as short
tradeXYZ xyz:LITE	+0.0167%	1h	946.55	+0.139%	$7.5M	$5.8M	10x	as long as short