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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: Bybit against ApeX Omni+0.067%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$670.675% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$17 on $10k
Price spread, last 3 days (all we have)−0.437%−$44 · spread now +0.067%, 7d avg −0.022%
Together, before fees−0.612%−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.089% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.022%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT955.810.0100pay 0.0013% / 1h30m 50s$16K$266K50x
ShortBybit LITEUSDT956.450get 0.0000% / 8h3h 30m$1.9M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$21
Price spread: +0.067% → −0.022%
$8.94
Slippage, 4 orders
−$46.47
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$79.53
Costs to cover
0.675%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 16 min ago; Bybit: live order book, 1 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, 16 min ago8.47 bp19.1 bp −$19193.7 bp −$1,937doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.46 bp13.0 bp −$1390.3 bp −$903doesn'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
BloFin LITE-USDT−0.0028%8h956.42+0.064%$224K$236K20xas long as short
Aster LITEUSDT0.0000%8h955.67−0.014%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h956.58+0.080%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h956.62+0.085%$14.0M$44.4M25xas long as short
Bybit LITEUSDTshort0.0000%8h956.45+0.067%$1.9M$1.8M25x
OKX LITE-USDT-SWAP0.0000%8h956.22+0.043%$3.8M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h956.78+0.101%$7.9M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h956.14+0.035%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h957.10+0.135%$235K$138Kas long as short
GRVT LITE_USDT_Perp0.0000%8h956.87+0.110%$392$258K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h956.60+0.083%$673$4.2M10xas long as short
HTX LITE-USDT0.0000%8h956.66+0.089%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h956.81+0.105%$1.5M$669K10xas long as short
QFEX LITE-USD+0.0022%1h956.46+0.068%$1.1M$4.9M10xas long as short
Lighter LITE+0.0032%1h956.36+0.058%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.09+0.029%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h956.73+0.096%$31K$485K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h956.14+0.035%$204K$121K10xas long as short
Coinbase International LITE-PERP-INTX+0.0064%1h960.48+0.489%$119K$335K10xas long as short
SoDEX LITE-USD+0.0068%1h956.46+0.068%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h955.91+0.010%$515K$38K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h955.81long leg$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h956.58+0.081%$930$3K10xas long as short
Aevo LITE-PERP+0.0104%1h956.53+0.075%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0189%1h956.43+0.065%$19K$35K10xas long as short
tradeXYZ xyz:LITE+0.0276%1h956.94+0.118%$7.1M$5.0M10xas long as short
edgeX LITEUSDC+0.0432%4h957.05+0.129%$68K$459K10xas long as short