Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX−0.005%46s7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1541.544% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.005%, 7d avg −0.029%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.024% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LITE-USDT	966.80	0	get 0.0000% / 8h	7h 15m	$570	$4.0M	10x
Short	Bybit LITEUSDT	966.75	0	get 0.0000% / 8h	7h 15m	$1.9M	$1.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → −0.029%: $2.39
Slippage, 4 orders: −$135.41
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$152.02
Costs to cover: 1.544%
Break-even: never at this rate

Slippage from SunX: live order book, 2 min ago; Bybit: live order book, 1 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, 2 min ago	45.52 bp	63.7 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.10 bp	14.4 bp −$14	81.7 bp −$817	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	−0.0096%	1h	960.78	−0.623%	$111K	$212K	10x	as long as short
BloFin LITE-USDT	−0.0029%	8h	966.60	−0.021%	$225K	$237K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	967.06	+0.026%	$108K	$17K	20x	as long as short
Bybit LITEUSDTshort	0.0000%	8h	966.75	−0.005%	$1.9M	$1.6M	25x
OKX LITE-USDT-SWAP	0.0000%	8h	967.37	+0.059%	$3.8M	$18.0M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	967.55	+0.078%	$8.1M	$5.9M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	966.66	−0.014%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	966.50	−0.031%	$609	$206K	10x	as long as short
SunX LITE-USDTlong	0.0000%	8h	966.80	long leg	$570	$4.0M	10x
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	966.60	−0.021%	$19K	$37K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LITE-USDT	0.0000%	8h	967.13	+0.034%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	967.42	+0.064%	$1.5M	$681K	10x	as long as short
QFEX LITE-USD	+0.0014%	1h	966.55	−0.026%	$1.1M	$5.2M	10x	as long as short
Lighter LITE	+0.0032%	1h	967.09	+0.030%	$27K	$101K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	966.45	−0.036%	—	$3K	10x	as long as short
edgeX LITEUSDC	+0.0050%	4h	966.52	−0.029%	$73K	$464K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	966.92	+0.012%	$76K	$227K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	966.46	−0.035%	$175K	$156K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	966.53	−0.028%	$521K	$38K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	966.87	+0.007%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	966.92	+0.012%	$940	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	966.98	+0.019%	—	—	10x	as long as short
SoDEX LITE-USD	+0.0217%	1h	967.02	+0.023%	$23K	$10K	10x	as long as short
tradeXYZ xyz:LITE	+0.0260%	1h	967.03	+0.024%	$7.3M	$5.0M	10x	as long as short
Variational Omni LITE	+0.0265%	8h	966.68	−0.013%	$243K	$141K	—	as long as short
Binance LITEUSDT	+0.0375%	8h	966.85	+0.005%	$13.9M	$44.0M	25x	as long as short
Extended LITE-USD	+0.0376%	1h	966.59	−0.022%	$9K	$203K	10x	as long as short