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

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0376%/8h= +41.2% APRpaid last 24h +0.008%
Price spread now: Extended against SunX−0.112%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.112%, 7d avg −0.022%
Together, before fees+0.207%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.090% cheaper against SunX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.022%). If the spread goes back, that is −$9 on $10k: about 19 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.107% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LITE-USDT966.600get 0.0000% / 8h7h 12m$419$4.0M10x
ShortExtended LITE-USD965.510.0376get 0.0047% / 1h12m 27s$9K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$78.96
Price spread: −0.112% → −0.022%
−$9.01
Slippage, 4 orders
−$137.08
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$80.12
Costs to cover
1.501%
Break-even
14.1 days
Slippage from SunX: live order book, 6 min ago; Extended: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago45.52 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 59 min ago1.40 bp11.0 bp −$1190.5 bp −$905doesn'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−0.0096%1h960.78−0.602%$111K$212K10xas long as short
Aster LITEUSDT0.0000%8h966.26−0.035%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h965.45−0.119%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h965.43−0.121%$3.8M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h966.18−0.043%$8.1M$5.9M50xas long as short
Bitget LITEUSDT0.0000%8h965.46−0.118%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h966.84+0.025%$561$206K10xas long as short
SunX LITE-USDTlong0.0000%8h966.60long leg$419$4.0M10x
HTX LITE-USDT0.0000%8h967.19+0.061%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h966.59−0.001%$1.5M$681K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0014%1h965.07−0.158%$1.1M$5.2M10xas long as short
BloFin LITE-USDT+0.0030%8h966.33−0.028%$225K$237K20xas long as short
Lighter LITE+0.0032%1h965.98−0.064%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h965.23−0.142%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h965.47−0.117%$75K$228K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0050%1h966.37−0.024%$19K$37K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h966.05−0.057%$175K$166K10xas long as short
KuCoin LITEUSDTM+0.0100%8h965.28−0.137%$521K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h966.18−0.043%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h966.52−0.008%$939$3K10xas long as short
Aevo LITE-PERP+0.0104%1h966.53−0.007%10xas long as short
SoDEX LITE-USD+0.0194%1h966.34−0.027%$23K$10K10xas long as short
tradeXYZ xyz:LITE+0.0247%1h965.53−0.111%$7.3M$5.0M10xas long as short
Variational Omni LITE+0.0265%8h966.68+0.008%$243K$141Kas long as short
Binance LITEUSDT+0.0371%8h965.31−0.133%$13.8M$44.1M25xas long as short
Extended LITE-USDshort+0.0376%1h965.51−0.112%$9K$203K10x
edgeX LITEUSDC+0.0425%4h966.87+0.028%$73K$465K10xas long as short