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: Gate against ApeX Omni−0.010%81s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.170%−$17 on $10k
Price spread, last 3 days (all we have)−0.289%−$29 · spread now −0.010%, 7d avg +0.027%
Together, before fees−0.459%−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.037% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT956.790.0100pay 0.0013% / 1h32m 10s$16K$266K50x
ShortGate LITE_USDT956.690get 0.0000% / 8h3h 32m$7.9M$6.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.010% → +0.027%
−$3.7
Slippage, 4 orders
−$50.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$100.19
Costs to cover
0.755%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 15 min ago; Gate: live order book, 2 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, 15 min ago8.47 bp19.1 bp −$19193.7 bp −$1,937doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.81 bp18.6 bp −$1942.5 bp −$42561.5 bp −$6,148doesn'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
Aster LITEUSDT0.0000%8h955.88−0.095%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h956.32−0.049%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h956.52−0.028%$14.0M$44.4M25xas long as short
Bybit LITEUSDT0.0000%8h956.37−0.044%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h956.30−0.051%$3.8M$17.9M25xas long as short
Gate LITE_USDTshort0.0000%8h956.69−0.010%$7.9M$6.3M50x
Bitget LITEUSDT0.0000%8h956.09−0.073%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h957.10+0.032%$235K$138Kas long as short
GRVT LITE_USDT_Perp0.0000%8h957.06+0.028%$947$258K10xas long as short
SunX LITE-USDT0.0000%8h957.00+0.022%$654$4.2M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LITE-USDT0.0000%8h956.66−0.014%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h956.76−0.003%$1.5M$669K10xas long as short
QFEX LITE-USD+0.0022%1h956.38−0.043%$1.1M$4.9M10xas long as short
BloFin LITE-USDT+0.0022%8h956.43−0.038%$226K$235K20xas long as short
Lighter LITE+0.0032%1h956.33−0.048%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.22−0.060%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h956.58−0.022%$31K$485K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h956.14−0.068%$204K$121K10xas long as short
Coinbase International LITE-PERP-INTX+0.0064%1h960.48+0.386%$119K$335K10xas long as short
SoDEX LITE-USD+0.0071%1h956.46−0.034%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h955.86−0.097%$515K$38K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h956.79long leg$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h956.58−0.022%$930$3K10xas long as short
Aevo LITE-PERP+0.0104%1h956.48−0.033%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0200%1h956.51−0.029%$18K$35K10xas long as short
tradeXYZ xyz:LITE+0.0265%1h956.85+0.006%$7.1M$5.0M10xas long as short
edgeX LITEUSDC+0.0690%4h956.84+0.006%$68K$459K10xas long as short