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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.009%
Price spread now: QFEX against SunX+0.008%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1461.456% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.008%, 7d avg −0.012%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.020% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LITE-USDT942.700get 0.0000% / 8h7h 55m$887$3.7M10x
ShortQFEX LITE-USD942.780.0014get 0.0002% / 1h55m 12s$1.1M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$3.02
Price spread: +0.008% → −0.012%
$2.03
Slippage, 4 orders
−$127.62
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$140.57
Costs to cover
1.456%
Break-even
332.4 days
Slippage from SunX: live order book, 3 min ago; QFEX: live order book, 3 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, 3 min ago25.86 bp43.4 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.48 bp8.7 bp −$914.8 bp −$148doesn'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
Deribit LITE_USDC-PERPETUAL−0.0895%1h941.98−0.076%$18K$41K10xas long as short
Bybit LITEUSDT−0.0628%8h942.02−0.072%$1.8M$2.0M25xas long as short
GRVT LITE_USDT_Perp−0.0324%8h947.82+0.543%$720$194K10xas long as short
SoDEX LITE-USD−0.0123%1h941.44−0.134%$23K$9K10xas long as short
Coinbase International LITE-PERP-INTX−0.0112%1h946.24+0.376%$93K$215K10xas long as short
Bitget LITEUSDT−0.0100%8h942.02−0.072%$2.6M$3.1M20xas long as short
Aster LITEUSDT0.0000%8h944.17+0.156%$106K$30K20xas long as short
Extended LITE-USD0.0000%1h942.15−0.058%$49K$247K10xas long as short
Binance LITEUSDT0.0000%8h942.68−0.002%$12.0M$49.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h942.15−0.058%$3.6M$18.5M25xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LITE_USDT0.0000%8h943.59+0.094%$7.9M$6.3M50xas long as short
Variational Omni LITE0.0000%8h944.82+0.225%$260K$140Kas long as short
SunX LITE-USDTlong0.0000%8h942.70long leg$887$3.7M10x
HTX LITE-USDT0.0000%8h942.07−0.067%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h941.79−0.097%$1.5M$742K10xas long as short
BloFin LITE-USDT+0.0004%8h942.55−0.016%$217K$242K20xas long as short
QFEX LITE-USDshort+0.0014%1h942.78+0.008%$1.1M$3.8M10x
Lighter LITE+0.0032%1h942.60−0.011%$24K$102K10xas long as short
Vest LITE-USD-PERP+0.0046%1h942.80+0.011%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h942.13−0.060%$7.7M$5.9M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h942.71+0.001%$73K$221K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h943.14+0.047%$35K$357K10xas long as short
KuCoin LITEUSDTM+0.0100%8h943.49+0.084%$518K$64K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h946.59+0.413%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h944.00+0.138%$918$3K10xas long as short
Aevo LITE-PERP+0.0104%1h943.40+0.074%10xas long as short
edgeX LITEUSDC+0.0961%4h945.52+0.299%$61K$473K10xas long as short