Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h —

Price spread now: Phemex against Aevo+0.080%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Phemex is 0.080% dearer against Aevo than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LITE-PERP	943.23	0.0104	pay 0.0013% / 1h	41m 57s	—	—	10x
Short	Phemex LITEUSDT	943.99	0	get 0.0000% / 8h	1h 41m	$1.5M	$723K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee PhemexbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$21.84
Price spread: +0.080% → 0.000%: $8.03
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$41.81
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Phemex: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Phemex live order book, 1 min ago	2.97 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LITEUSDT	−0.0667%	8h	943.55	+0.034%	$2.6M	$3.1M	20x	as long as short
Coinbase International LITE-PERP-INTX	−0.0072%	1h	946.65	+0.362%	$92K	$212K	10x	as long as short
Aster LITEUSDT	0.0000%	8h	943.65	+0.045%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	943.45	+0.023%	$14K	$220K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	943.66	+0.045%	$12.1M	$49.2M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	943.93	+0.074%	$1.8M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	943.85	+0.065%	$3.6M	$18.2M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	944.43	+0.127%	$7.9M	$6.4M	50x	as long as short
Variational Omni LITE	0.0000%	8h	942.46	−0.082%	$259K	$154K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	942.09	−0.121%	$499	$194K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX LITE-USDT	0.0000%	8h	943.70	+0.050%	$583	$3.8M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	943.40	+0.018%	$18K	$40K	10x	as long as short
HTX LITE-USDT	0.0000%	8h	942.94	−0.031%	$7K	$31K	20x	as long as short
Phemex LITEUSDTshort	0.0000%	8h	943.99	+0.080%	$1.5M	$723K	10x
QFEX LITE-USD	+0.0012%	1h	943.48	+0.026%	$1.1M	$3.5M	10x	as long as short
BloFin LITE-USDT	+0.0019%	8h	943.58	+0.037%	$217K	$237K	20x	as long as short
Lighter LITE	+0.0032%	1h	943.58	+0.037%	$24K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	943.02	−0.023%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	943.71	+0.051%	$73K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	943.14	−0.010%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	943.29	+0.006%	$32K	$347K	10x	as long as short
tradeXYZ xyz:LITE	+0.0096%	1h	943.98	+0.079%	$7.5M	$5.8M	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	943.55	+0.034%	$518K	$43K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	942.32	−0.097%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	943.19	−0.005%	$917	$3K	10x	as long as short
Aevo LITE-PERPlong	+0.0104%	1h	943.23	long leg	—	—	10x
edgeX LITEUSDC	+0.0374%	4h	942.81	−0.045%	$60K	$472K	10x	as long as short