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+0.0112%/8h= +12.3% APRpaid last 24h 0.000%
Price spread now: Lighter against Variational Omni−0.266%7-day average −0.001% · you buy dearer than you sell
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 4 days (all we have)+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.392%−$39 · spread now −0.266%, 7d avg −0.001%
Together, before fees−0.368%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.264% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.266% now, against its 7-day average of −0.001%). If the spread goes back, that is −$26 on $10k: about 7.9 days of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.024% in total) that is about 41 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LITE947.250get 0.0000% / 8h7h 57m$260K$140K
ShortLighter LITE944.730.0112get 0.0014% / 1h57m 39s$25K$102K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$23.52
Price spread: −0.266% → −0.001%
−$26.43
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$2.91
Costs to cover
0.000%
Break-even
7.9 days
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; Lighter: live order book, 13 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 ago4.86 bpdoesn't fit40.8 bp −$408doesn't fitdoesn't fit
Sell Lighter live order book, 13 min ago1.00 bp1.8 bp −$26.1 bp −$61doesn'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−0.0112%1h946.24−0.106%$93K$215K10xas long as short
Bitget LITEUSDT−0.0097%8h945.10−0.227%$2.6M$3.1M20xas long as short
Bybit LITEUSDT−0.0044%8h945.71−0.162%$1.8M$2.0M25xas long as short
BloFin LITE-USDT−0.0026%8h947.70+0.048%$217K$243K20xas long as short
Aster LITEUSDT0.0000%8h947.21−0.004%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h945.35−0.201%$49K$247K10xas long as short
Binance LITEUSDT0.0000%8h945.64−0.170%$12.1M$49.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h945.00−0.237%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h945.34−0.201%$7.9M$6.3M50xas long as short
Variational Omni LITElong0.0000%8h947.25long leg$260K$140K
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h947.41+0.017%$720$194K10xas long as short
SunX LITE-USDT0.0000%8h947.10−0.016%$877$3.7M10xas long as short
HTX LITE-USDT0.0000%8h948.02+0.082%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h946.88−0.039%$1.5M$743K10xas long as short
QFEX LITE-USD+0.0014%1h944.30−0.311%$1.1M$3.8M10xas long as short
Vest LITE-USD-PERP+0.0046%1h947.24−0.001%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.00+0.079%$73K$221K10xas long as short
SoDEX LITE-USD+0.0050%1h946.49−0.080%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h943.57−0.388%$32K$356K10xas long as short
KuCoin LITEUSDTM+0.0100%8h945.36−0.199%$519K$62K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.16+0.096%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h947.03−0.023%$921$3K10xas long as short
Aevo LITE-PERP+0.0104%1h946.56−0.072%10xas long as short
Lighter LITEshort+0.0112%1h944.73−0.266%$25K$102K10x
tradeXYZ xyz:LITE+0.0227%1h945.05−0.232%$7.7M$5.9M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0490%1h946.88−0.039%$18K$41K10xas long as short
edgeX LITEUSDC+0.0561%4h947.85+0.063%$63K$473K10xas long as short