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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.007%
Price spread now: Binance against ApeX Omni+0.109%109s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$10 on $10k
Price spread, last 2 days (all we have)−0.100%−$10 · spread now +0.109%, 7d avg +0.033%
Together, before fees−0.205%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.076% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT959.360.0100pay 0.0013% / 1h15m 46s$16K$265K50x
ShortBinance LITEUSDT960.400.0271get 0.0271% / 8h6h 15m$13.7M$44.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX 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
$35.83
Price spread: +0.109% → +0.033%
$7.58
Slippage, 4 orders
−$47.35
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.94
Costs to cover
0.674%
Break-even
11.7 days
Slippage from ApeX Omni: live order book, 51 min ago; Binance: live order book, 11 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 ApeX Omni live order book, 51 min ago10.04 bp22.3 bp −$22201.1 bp −$2,011doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.88 bp11.9 bp −$1222.2 bp −$22281.0 bp −$8,096doesn'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-INTX−0.0232%1h965.50+0.640%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h961.33+0.206%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.10+0.077%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.68+0.138%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.77+0.147%$8.0M$6.0M50xas long as short
Bitget LITEUSDT0.0000%8h960.27+0.095%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h959.38+0.002%$892$192K10xas long as short
SunX LITE-USDT0.0000%8h960.40+0.108%$648$3.9M10xas long as short
HTX LITE-USDT0.0000%8h960.68+0.138%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.47+0.116%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0028%1h960.13+0.080%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h960.25+0.093%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.87+0.053%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.44+0.113%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.39+0.003%$167K$165K10xas long as short
SoDEX LITE-USD+0.0078%1h960.23+0.091%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h960.07+0.074%$519K$39K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h959.36long leg$16K$265K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.44+0.113%$934$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.39+0.107%10xas long as short
Variational Omni LITE+0.0154%8h960.29+0.097%$266K$147Kas long as short
tradeXYZ xyz:LITE+0.0176%1h960.25+0.093%$7.2M$5.2M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0219%1h960.16+0.083%$19K$37K10xas long as short
Binance LITEUSDTshort+0.0271%8h960.40+0.109%$13.7M$44.0M25x
Extended LITE-USD+0.0272%1h960.41+0.109%$10K$201K10xas long as short
edgeX LITEUSDC+0.0354%4h959.35−0.001%$70K$455K10xas long as short