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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: OKX against ApeX Omni−0.234%100s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.576% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.234%, 7d avg +0.021%
Together, before fees−0.032%−$3 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 OKX is 0.255% cheaper against ApeX Omni than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT966.960.0100pay 0.0013% / 1h21m 53s$16K$265K50x
ShortOKX LITE-USDT-SWAP964.700get 0.0000% / 8h7h 21m$3.8M$18.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.234% → +0.021%
−$25.5
Slippage, 4 orders
−$37.58
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$104.07
Costs to cover
0.576%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 50 min ago; OKX: 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, 50 min ago7.70 bp19.1 bp −$19179.9 bp −$1,799doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.88 bp8.5 bp −$820.6 bp −$206doesn'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−0.0096%1h960.78−0.639%$111K$212K10xas long as short
Aster LITEUSDT0.0000%8h964.74−0.230%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h964.64−0.240%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAPshort0.0000%8h964.70−0.234%$3.8M$18.0M25x
Gate LITE_USDT0.0000%8h965.00−0.203%$8.1M$5.9M50xas long as short
Bitget LITEUSDT0.0000%8h964.45−0.260%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h965.37−0.164%$705$207K10xas long as short
SunX LITE-USDT0.0000%8h964.50−0.254%$783$4.0M10xas long as short
HTX LITE-USDT0.0000%8h964.95−0.208%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h965.00−0.203%$1.5M$682K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LITE-USDT+0.0003%8h964.41−0.264%$224K$237K20xas long as short
QFEX LITE-USD+0.0014%1h964.50−0.254%$1.1M$5.2M10xas long as short
Lighter LITE+0.0032%1h964.52−0.252%$27K$101K10xas long as short
edgeX LITEUSDC+0.0040%4h965.50−0.151%$73K$463K10xas long as short
Vest LITE-USD-PERP+0.0046%1h964.42−0.263%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h964.67−0.237%$75K$227K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h965.57−0.144%$176K$155K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0092%1h964.55−0.249%$19K$37K10xas long as short
KuCoin LITEUSDTM+0.0100%8h964.42−0.263%$520K$38K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h966.96long leg$16K$265K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h964.37−0.268%$937$3K10xas long as short
Aevo LITE-PERP+0.0104%1h964.47−0.258%10xas long as short
SoDEX LITE-USD+0.0195%1h964.52−0.252%$23K$10K10xas long as short
Variational Omni LITE+0.0286%8h965.82−0.118%$243K$141Kas long as short
tradeXYZ xyz:LITE+0.0293%1h964.78−0.225%$7.3M$5.0M10xas long as short
Extended LITE-USD+0.0384%1h964.37−0.268%$9K$209K10xas long as short
Binance LITEUSDT+0.0386%8h964.31−0.274%$13.9M$44.2M25xas long as short