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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.027%
Price spread now: QFEX against ApeX Omni−0.069%56s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.087%−$9 on $10k
Price spread, last 4 days (all we have)−0.491%−$49 · spread now −0.069%, 7d avg −0.008%
Together, before fees−0.578%−$58 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 QFEX is 0.061% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.008%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITEUSDT948.540.0100pay 0.0013% / 1h10m 03s$16K$266K50x
ShortQFEX LITE-USD947.890.0002get 0.0000% / 1h10m 03s$1.1M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$20.5
Price spread: −0.069% → −0.008%
−$6.09
Slippage, 4 orders
−$33.32
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$79.9
Costs to cover
0.533%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; QFEX: live order book, 3 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, 27 min ago8.21 bp18.7 bp −$19174.7 bp −$1,747doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.42 bp7.1 bp −$712.6 bp −$126doesn'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−0.0120%1h946.24−0.242%$93K$215K10xas long as short
Bitget LITEUSDT−0.0105%8h947.78−0.080%$2.6M$3.1M20xas long as short
BloFin LITE-USDT−0.0012%8h947.21−0.140%$216K$243K20xas long as short
Aster LITEUSDT0.0000%8h948.59+0.005%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.47−0.113%$49K$247K10xas long as short
Binance LITEUSDT0.0000%8h947.70−0.089%$12.1M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h947.84−0.074%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h947.84−0.074%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h948.36−0.019%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.49−0.111%$260K$140Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h948.26−0.029%$1K$194K10xas long as short
SunX LITE-USDT0.0000%8h947.20−0.141%$814$3.7M10xas long as short
HTX LITE-USDT0.0000%8h947.43−0.117%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h948.09−0.047%$1.5M$742K10xas long as short
QFEX LITE-USDshort+0.0002%1h947.89−0.069%$1.1M$3.8M10x
Lighter LITE+0.0032%1h947.64−0.095%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h947.21−0.140%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.18−0.038%$74K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h947.39−0.121%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h947.63−0.096%$32K$353K10xas long as short
KuCoin LITEUSDTM+0.0100%8h947.41−0.119%$520K$49K20xas long as short
ApeX Omni LITEUSDTlong+0.0100%1h948.54long leg$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h947.52−0.108%$921$3K10xas long as short
Aevo LITE-PERP+0.0104%1h947.39−0.122%10xas long as short
tradeXYZ xyz:LITE+0.0227%1h947.83−0.075%$7.7M$5.8M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0246%1h947.79−0.079%$18K$41K10xas long as short
edgeX LITEUSDC+0.0592%4h947.93−0.064%$63K$474K10xas long as short