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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0420%/8h= −46.0% APRpaid last 24h −0.088%
Price spread now: Coinbase International against Variational Omni+0.683%58s7-day average −0.236% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.214%−$21 on $10k
Price spread, last 3 days (all we have)−0.778%−$78 · spread now +0.683%, 7d avg −0.236%
Together, before fees−0.992%+ Points / potential airdropVariational Omni: Active · farm board−$99 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.919% dearer against Variational Omni than usual: you sell high and buy low (spread +0.683% now, against its 7-day average of −0.236%): +$92 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7.3 days. At the pace of the last 3 days (−0.214% in total) that is about 15 days. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LITE958.950.0188pay 0.0188% / 8h6h 28m$241K$122K
ShortCoinbase International LITE-PERP-INTX965.50−0.0232pay 0.0029% / 1h28m 22s$111K$195K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
−$88.25
Price spread: +0.683% → −0.236%
$91.9
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$6.35
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; Coinbase International: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 41 min ago2.86 bpdoesn't fit37.1 bp −$371doesn't fitdoesn't fit
Sell Coinbase International live order book, 39 min ago3.26 bp8.7 bp −$914.4 bp −$144doesn't fitdoesn't fit

LITE on 26 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-INTXshort−0.0232%1h965.50+0.683%$111K$195K10x
Aster LITEUSDT0.0000%8h960.88+0.201%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.28+0.139%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.91+0.204%$3.8M$17.7M25xas long as short
Gate LITE_USDT0.0000%8h961.24+0.239%$8.1M$5.9M50xas long as short
Bitget LITEUSDT0.0000%8h960.40+0.151%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h958.57−0.040%$307$192K10xas long as short
SunX LITE-USDT0.0000%8h960.30+0.141%$634$3.9M10xas long as short
HTX LITE-USDT0.0000%8h960.86+0.199%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.45+0.156%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0028%1h960.47+0.158%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h960.21+0.131%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.90+0.099%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.87+0.200%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h957.60−0.141%$168K$163K10xas long as short
SoDEX LITE-USD+0.0090%1h960.77+0.190%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.98+0.107%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.36+0.043%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.24+0.134%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.42+0.153%10xas long as short
edgeX LITEUSDC+0.0116%4h959.05+0.010%$69K$455K10xas long as short
tradeXYZ xyz:LITE+0.0187%1h960.87+0.200%$7.2M$5.2M10xas long as short
Variational Omni LITElong+0.0188%8h958.95long leg$241K$122K
Extended LITE-USD+0.0296%1h960.30+0.141%$10K$201K10xas long as short
Binance LITEUSDT+0.0299%8h960.46+0.158%$13.8M$44.0M25xas long as short
Deribit LITE_USDC-PERPETUAL+0.0386%1h960.22+0.132%$19K$37K10xas long as short