Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.032%

Price spread now: ApeX Omni against SunX+0.023%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1661.663% of the position

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 3 days (all we have)−0.012%−$1 · spread now +0.023%, 7d avg −0.017%

Together, before fees+0.202%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.040% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LITE-USDT	959.40	0	get 0.0000% / 8h	1h 28m	$770	$4.2M	10x
Short	ApeX Omni LITEUSDT	959.62	0.0100	get 0.0013% / 1h	28m 45s	$16K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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 SunXbpFee ApeX OmnibpOrdersPrice spread, now +0.023%Rate

Funding earned: $21
Price spread: +0.023% → −0.017%: $4
Slippage, 4 orders: −$148.27
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$141.26
Costs to cover: 1.663%
Break-even: 54.1 days

Slippage from SunX: live order book, 9 min ago; ApeX Omni: live order book, 53 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 SunX live order book, 9 min ago	45.88 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 53 min ago	6.79 bp	19.1 bp −$19	193.2 bp −$1,932	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
BloFin LITE-USDT	−0.0008%	8h	959.78	+0.040%	$223K	$236K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	958.57	−0.087%	$107K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	959.66	+0.027%	$9K	$209K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	959.88	+0.050%	$13.8M	$45.3M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	959.27	−0.014%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	959.89	+0.051%	$3.8M	$18.0M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	960.26	+0.090%	$8.0M	$6.3M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	959.60	+0.021%	$2.8M	$3.0M	20x	as long as short
Variational Omni LITE	0.0000%	8h	959.31	−0.009%	$241K	$142K	—	as long as short
SunX LITE-USDTlong	0.0000%	8h	959.40	long leg	$770	$4.2M	10x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LITE-USDT	0.0000%	8h	960.41	+0.105%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	960.15	+0.078%	$1.5M	$685K	10x	as long as short
Coinbase International LITE-PERP-INTX	+0.0008%	1h	958.20	−0.125%	$115K	$294K	10x	as long as short
Lighter LITE	+0.0032%	1h	959.47	+0.007%	$27K	$102K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	958.96	−0.046%	—	$3K	10x	as long as short
QFEX LITE-USD	+0.0047%	1h	959.35	−0.005%	$1.1M	$5.2M	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	959.39	−0.001%	$29K	$489K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	959.55	+0.016%	$23K	$10K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	958.40	−0.104%	$176K	$158K	10x	as long as short
GRVT LITE_USDT_Perp	+0.0057%	8h	959.50	+0.010%	$432	$248K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	958.63	−0.080%	$516K	$38K	20x	as long as short
ApeX Omni LITEUSDTshort	+0.0100%	1h	959.62	+0.023%	$16K	$265K	50x
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	959.36	−0.004%	$932	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	959.34	−0.006%	—	—	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0178%	1h	959.37	−0.003%	$19K	$36K	10x	as long as short
tradeXYZ xyz:LITE	+0.0193%	1h	959.73	+0.034%	$7.2M	$5.1M	10x	as long as short
edgeX LITEUSDC	+0.0555%	4h	959.33	−0.007%	$69K	$460K	10x	as long as short