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−0.0335%/8h= −36.7% APRpaid last 24h −0.051%
Price spread now: Aster against tradeXYZ−0.005%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$2982.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.005%, 7d avg +0.106%
Together, before fees+0.073%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Aster is 0.111% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.106%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% 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
LongtradeXYZ xyz:LITE966.650.0335pay 0.0042% / 1h27m 07s$7.3M$5.0M10x
ShortAster LITEUSDT966.610get 0.0000% / 8h7h 27m$108K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$70.45
Price spread: −0.005% → +0.106%
−$11.11
Slippage, 4 orders
−$271.62
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$379.18
Costs to cover
2.976%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 1 min ago; Aster: live order book, 43 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 tradeXYZ live order book, 1 min ago0.05 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 43 min ago65.38 bp77.0 bp −$77doesn't fitdoesn'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%1h960.78−0.607%$111K$212K10xas long as short
Aster LITEUSDTshort0.0000%8h966.61−0.005%$108K$17K20x
Bybit LITEUSDT0.0000%8h966.38−0.028%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h966.78+0.013%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h967.32+0.069%$8.1M$5.9M50xas long as short
Bitget LITEUSDT0.0000%8h966.52−0.013%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h965.66−0.102%$744$209K10xas long as short
SunX LITE-USDT0.0000%8h966.70+0.005%$703$4.0M10xas long as short
HTX LITE-USDT0.0000%8h966.93+0.029%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h967.46+0.084%$1.5M$682K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0014%1h966.34−0.032%$1.1M$5.2M10xas long as short
BloFin LITE-USDT+0.0023%8h966.71+0.006%$224K$237K20xas long as short
Lighter LITE+0.0032%1h966.71+0.006%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h965.90−0.078%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h966.68+0.003%$76K$227K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h966.05−0.062%$175K$155K10xas long as short
KuCoin LITEUSDTM+0.0100%8h966.30−0.036%$521K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h965.93−0.074%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h966.86+0.022%$940$3K10xas long as short
Aevo LITE-PERP+0.0104%1h966.84+0.019%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0247%1h966.58−0.007%$19K$37K10xas long as short
SoDEX LITE-USD+0.0286%1h966.83+0.019%$23K$10K10xas long as short
Variational Omni LITE+0.0296%8h965.66−0.102%$243K$141Kas long as short
tradeXYZ xyz:LITElong+0.0335%1h966.65long leg$7.3M$5.0M10x
Binance LITEUSDT+0.0397%8h966.58−0.007%$13.9M$44.2M25xas long as short
Extended LITE-USD+0.0400%1h966.62−0.003%$9K$209K10xas long as short
edgeX LITEUSDC+0.0968%4h966.16−0.051%$73K$462K10xas long as short